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We are quadrupling QiTech Industries Industries' share capital QiTech Industries strengthening its role as a supplier to the new Automation GmbH.

Our company, QiTech Industries , has increased its capital from €25,000 to €100,000. This quadruples the share capital of our mechanical engineering company and creates a solid financial basis for the next steps. A capital increase means that the shareholders contribute additional equity capital to the limited liability company. In our case, the share capital increases from €25,000—the legal minimum for a limited liability company—to €100,000. This gives us more leeway to implement projects without having to rely on external financing. At the same time, it underscores our commitment: we are all investing more or less our entire private assets in our own future and the future of the company – and we are convinced that it will pay off.

Why the capital increase?

With this increase, we are strengthening the role of our mechanical engineering division as a supplier for our Automation GmbH. Higher share capital improves creditworthiness, enables greater investment in machinery and materials, and signals financial stability to partners and customers. For us as a growing mechanical engineering company, this is a logical and necessary step.

Whether Extruder, Winder or Shredder – our machines should not only be technically impressive, but also built on a solid business foundation. The capital increase is an important building block in this regard.

Christoph Eisenach

Christoph is our code alchemist. When his code doesn't work, he doesn't sleep, so basically he never sleeps. But when his code works, it's absolute magic. Today, Chris is primarily taking loving care of the website for QiTech Industries.