Share Capital Increased to 100 Million Lire

The increase of share capital to 100 million lire was a strategic decision influenced by CEO Giovanni Attilio Pozzo, who also held the position of president. This move was made during a challenging economic climate, yet the company managed to expand its operations. The decision to raise capital was likely aimed at strengthening the company's financial position and enabling further growth. At that time, the company was actively selling products such as 'Bentero Shell' and 'Aureola Petroli', which contributed to its market presence. The expansion of the company was also marked by the inauguration of a new plant in Vado Ligure, which signified a commitment to enhancing production capabilities. This development not only reflected the company's ambition but also its resilience in navigating economic difficulties. The increase in share capital and the introduction of new facilities were pivotal in positioning the company for future growth and competitiveness in the market.