EUROFIMA announces approved capital increase
NEWS 04.11.2024

EUROFIMA announces approved capital increase

EUROFIMA is pleased to announce that its recently approved capital increase has now come into effect. This development follows the decision made at EUROFIMA’s Extraordinary General Meeting on 13th June 2024, in which the General Assembly approved an increase in the organization’s share capital by CHF 50 million. This raises EUROFIMA’s total share capital from CHF 2.6 billion to CHF 2.65 billion, achieved through the issuance of 500 Class B registered shares, each valued at CHF 100’000. The capital contribution for this increase was carried out by converting freely distributable reserves in accordance with Art. 652d CO.

The capital increase process was conducted in full compliance with regulatory requirements, as confirmed by EUROFIMA’s Board of Directors on 17th June 2024. In accordance with EUROFIMA’s procedures, the amendment to Article 5 of its Statutes reflecting the capital increase was subjected to a mandatory three-month review period by EUROFIMA’s 25 Contracting States, from July 30, 2024, to October 30, 2024. Upon conclusion of this review period, the Swiss Department of Foreign Affairs notified EUROFIMA that no objections had been raised by any of the Contracting States.

Today, the Commercial Register of Basel has confirmed that EUROFIMA’s amended Statutes have been formally registered and that the capital increase has officially entered into force.

This capital increase reinforces EUROFIMA’s commitment to supporting sustainable rail transport financing across Europe.

The latest version of the amended Statutes can be found at Constituitive Documents.