Where can I find information on the economic and financial situation of Eurotech?
For information please e-mail : email@example.com
What are the main obligations for STAR companies listed in MTAX?
On September 19, 2005, a new branch of the Italian Stock Exchange
went into operation. The "Nuovo Mercato" was replaced by MTAX, a new market organized in segments like the MTA (Italian telematic share market). New regulations equate MTAX to MTA, therefore companies entering the STAR segment are subject to the same requirements for admission and the same negotiation modalities as any other company. To be admitted to MTA/MTAX, companies must now meet higher qualitative standards: increase of liquid shares by 30-35%, prospective permanent liquid shares around 20%, obligation to send balance sheets, half-yearly and quarterly reports to Borsa Italiana, and to publish them on the companies' internet sites.
A higher number of independent board members is required and companies are obliged to have a specialist.
What is IFRS?
IFRS (International Financial Reporting Standards) is a list of international accounting principles ratified by the European Commission. Starting in 2005, these principles shall be applied to draw up consolidated balance sheets by all the companies admitted to quotation in one of the stock exchanges of the
Who is Eurotech's auditing firm?
Reconta Ernst & Young S.p.A. was appointed as auditing firm for the three financial years 2005-2006-2007 at the ordinary shareholder meeting held on July 21, 2005.