Bulgaria's Energo-Pro Sales to pay no dividend for 2013

The company had proposed to distribute as dividend its entire profit for last year of nearly 21.1 million levs.

The proposal was voted on at a general shareholders meeting on December 19, it said in a bourse filing.

The license territory of Energo-Pro Sales covers nearly 30,000 square kilometers in nine regions in northeastern Bulgaria. The company supplies electricity to nearly 1.1 million household and non-household customers. In 2013, Energo-Pro Sales posted electricity sales amounting to 4.8 terawatt-hours.

Energo Energo-Pro Sales is majority-owned by Energo-Pro Bulgaria, a wholly-owned subsidiary of Czech power group Energo-Pro.

(1 euro=1.95583 Bulgarian levs)