date:Jun 19, 2012
applications.
Finance
The pre-investment value of Binder was estimated at 663,000, after taking into account outstanding shareholder loans of almost 1m. Under the terms of the agreement, a portion of the investment will be used to pay back up to 300,000 while the remaining cash balance will be ploughed back into its new asset, said EnWave.
This strengthened financial position will increase Binders capacity to fulfill commercial vacuum microwave machine orders,said the company.
In 2011, Binde