Brief: IRCE Signs EUR 6 Mln Investment Contract With Simest For Chinese Subsidiary
22/12/2025 15:39
Dec 22 (Reuters) - IRCE SpA IRC.MI: SIGNS INVESTMENT CONTRACT WITH SIMEST FOR CHINESE SUBSIDIARY IRCE ELECTROMAGNETIC WIRE FINANCIAL INTERVENTION TOTALS EURO 6 MILLION FOR CHINESE SUBSIDIARY FINANCIAL INTERVENTION LASTS 5 YEARS UNTIL DECEMBER 2030 INVESTMENT AGREEMENT PROVIDES THAT IRCE SPA SHALL APPROVE AN INCREASE OF SHARE CAPITAL IN IRCE ELECTROMAGNET WIRE (JIANGSU) CO. LTDA TOTALING EUR 11.4 MILLION Further company coverage: IRC.MI (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))