Search

Shareholders' equity of parent company

After the interim financial statements of Tecnotree Group for the first half of 2015 were completed, it was noticed that while the Group shareholders equity value was positive the shareholders’ equity of the Group’s parent company Tecnotree Corporation was negative. The company’s Board of Directors has recognised the loss of shareholders’ equity and submitted a statement on this matter to the Trade Register. The parent company’s shareholders’ equity was EUR 3.1 million negative on 31 December 2017.