Carpathia Capital is a subsidiary of INC S.A. After the registration of the share capital increase, INC SA will hold 32.52% of the share in capital and 49.08 in total votes. The company Carpathia Capital S.A. is included in the group of INC and will be fully consolidated. Until now the company raised in total PLN 5.722 million. Carpathia Capital S.A. acts as a venture capital/ private equity in the area of Romania, as well as in other countries in Central and Eastern Europe. The intention is to acquire shares of stock and other securities issued by small and medium-sized enterprises based in particular in Romania, eventually traded in an organized system of trading on the Bucharest Stock Exchange (BSE). It is intended that in the first quarter of 2015 the company Carpathia Capital S.A. will be listed in the alternative trading system AeRO operated by the BSE.