PMT - Increase in company's share capital

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The shareholders decided on the increase of shere capital of the Italian company (PMT S.R.L.) by 1,844 mil. Euro in June 2018.

PAPCEL and PMT shareholders resorted to share capital increase in its efforts to strengthen its own resources with the aim to better finance growing PMT’s order backlog.
PMT is a global paper machines producer with headquarters in Italy. It has been a member of PAPCEL Group since May 2017. PMT is a premium trademark within PAPCEL Group which focuses on the biggest and most demanding customers. The company nowadays employs over 100 employees in Cuneo and Pinerolo.
PMT company expects revenues of more than 32 mil. Euro this year.

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