SARAJEVO (Bosnia and Herzegovina), January 8 (SeeNews) – Bosnian manufacturer of machinery parts for iron and steel works PMP Jelsingrad FMG [BANJ:JFMG-R-A] said on Wednesday it plans to transform itself from an open joint-stock company into a closed one.
The proposal will be put to the vote at an extraordinary shareholders meeting scheduled for January 21, PMP Jelsingrad FMG said in a filing with the Banja Luka Stock Exchange (BLSE).
Italy's PMP Industries controls 100% of the Bosnian company, bourse data showed.
The Gradiska-based company makes up PMP's steel works division along with the group's production facility in Coseano, Italy.