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Bulgaria's Euroins lifts stake in plastic products maker Formoplast

Bulgaria's Euroins lifts stake in plastic products maker Formoplast Author: Ken Teegardin. Licence: Creative Commons.

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)

 

 

 

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