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Orange Romania increases social capital of Orange Money

Wednesday 14 October 2015 | 13:14 CET | News
Orange Romania and CEO Jean Francois Fallacher decided on 7 September to increase the social capital of subsidiary and mobile payments company, Orange Money, by RON 6.73 million, according to local publication Hotnews.ro citing an announcement published on 12 October in the country's official gazette. The social capital was increased with 673,000 new social parts worth RON 10 each that were issued by the associate Orange Romania. Orange Romania's management announced in March it will launch this payments service by the end of 2015. Following the capital increase, Orange Romania owns 99.9

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Categories: Mobile & Wireless
Companies: Orange Romania / Vodafone Romania
Countries: Romania
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