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Bulgarian e-commerce platform eBag.bg operator to hike capital

Author Mario Tanev
Bulgarian e-commerce platform eBag.bg operator to hike capital License: Creative Commons CC0

SOFIA (Bulgaria), February 21 (SeeNews) - Bulgaria's Convenience, which operates online grocery shop eBag.bg, will seek to nearly 1 million levs ($553,000/511,000 euro) in an upcoming capital increase, according to commercial register documents.

Convenience intends to issue 6,670 Class B shares at a price of 146.61 levs apiece, documents filed by the company with the commercial register on Monday showed.

The decision was approved by the company's shareholders at a meeting held on February 11.

Online grocery shop eBag.bg offers more than 11,000 products and makes over 250 daily deliveries in Sofia.

(1 euro = 1.95583 levs)

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