The shareholders’ meeting of Calcestruzzi also cleared the entire subscription of the capital hike.
The recapitalisation will help the company improve its debt and will have a positive effect on its figures, a statement read. It is also a concrete contribution of Italcementi, which is working on the rationalisation and relaunch of Calcestruzzi in order to strengthen the activities of the whole group.
The consolidated financial position will not be affected by the recapitalisation.