SOFIA (Bulgaria), January 8 (SeeNews) - Bulgarian plastic and rubber products manufacturer Formoplast [BUL:4F8] said on Wednesday that local insurer Euroins has increased its stake in the company to 6.94%.
Euroins currently holds 263,467 shares in Formoplast, the latter said in a bourse filing.
Formoplast did not say how many shares Euroins owned before the increase of its shareholding interest.
As at 14:45 CET on Wednesday, Formoplast's shares traded flat at 5.70 levs ($3.24/2.91 euro) on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)