September 28 (SeeNews) - Bulgarian blue-chip builder Holding Roads said on Monday it has sold its Sofpatstroy construction business to a local company for an undisclosed amount.
Holding Roads transferred last week 100% of the company to Bulgarian-registered factoring and consultancy firm Capital and Finances, the holding company said in a statement without elaborating.
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Holding Roads (www.roads.bg) set up Sofpatstroy in 2006 as a builder of road infrastructure in urban areas. Its share capital totals 5,000 levs ($3,700/2,600 euro).
Capital and Finances was set up in July 2008 by two local private individuals.
Shares of Holding Roads, part of the SOFIX index on the Bulgarian Stock Exchange, ended 4.21% lower at 3.59 levs in a volume of 16,421 shares on Monday. The statement was released during trading hours.
(1 euro=1.95583 Bulgarian levs)