“INTER RAO Lietuva” increases authorized capital of “IRL Polska” up to PLN 10 million

The board of AB “INTER RAO Lietuva” has approved the decision to increase the authorized capital of the company-owned subsidiary “IRL Polska Sp. Z o.o.” which operates in Poland.

The authorized capital of “IRL Polska Sp. Z o.o.” is intended to be increased from PLN 2 million to PLN 10 million. To this end the company is going to invest PLN 8 million.

“As a result of a consistent implementation of the company’s business strategy and a development of business activities in Poland, we have decided to increase the authorized capital of the subsidiary owned by the company-group and operating in this country,” says Giedrius Balčiūnas, Director General and a board member of “INTER RAO Lietuva”.

“IRL Polska Sp. Z o.o.” is a subsidiary of “INTER RAO Lietuva” in Poland. The company was established in October 2012 through the implementation of the group’s ambition to expand its business activities in the region.

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