Adoption of the Management Board’s resolution on the establishment of a subsidiary company
(Current Report No. 06/2013)
29.01.2013 /Issuer/
Legal basis:
Art. 56 sec. 1 item 1 of the Act on Offerings – confidential information
CCC SA announces that on 29th January 2013, the Management Board, continuing the expansion and development in the markets of Central and Eastern Europe, adopted the resolution on the establishment of a subsidiary company CCC Austria Ges.m.b.H., based in Graz, Austria. CCC SA will cover 100% of the votes in the above mentioned company, representing 100% of the votes at the shareholders meeting. The value of the Company's initial capital will amount to 100,000 EUR (in words: one hundred thousand euro).
The core business of the established company will include the distribution of goods supplied by CCC SA on the territory of Austria.
The Issuer will inform about the signing of the founding documents of the Company in a separate report.