Saint-Gobain Isover Romania merges with DBW

Insulation manufacturer Saint-Gobain Isover Romania is to merge with Ploiesti-based DBW, which offers consultancy in assembling thermal insulating materials. The Romanian company“s share capital will…

Insulation manufacturer Saint-Gobain Isover Romania is to merge with Ploiesti-based DBW, which offers consultancy in assembling thermal insulating materials. The Romanian company“s share capital will reach ROL 27.07 million as a result of the merger. This will be divided into 644,638 shares with a nominal value of 42 ROL each; Saint-Gobain Isover Austria will have 642,342 shares amounting to ROL 26.97 million, while Saint-Gobain Isover Polska is to have ROL 2,296 shares amounting to ROL 96,432. Following the merger, the Romanian company will modify its statutory documents. The firm“s main business is making non-metallic mineral products; ancillary activities include producing fiberglass, technical glass, and retailing of ceramics and glassware.