SOFIA (Bulgaria), December 14 (SeeNews) – Bulgaria’s financial watchdog on Friday gave the green light to local real estate firm Galata Investment Company to list on the stock exchange in Sofia.
The company, based in Varna on the Black Sea coast has a share capital of one million levs ($0.75 million /0.51 million euro), distributed in 10,000 shares, the Financial Supervision Commission said in a statement.
Local business group Chimimport owns 60% of Galata Investment Company.
(1 euro = 1.95583 Bulgarian levs)