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Bulgaria's Galata Investment Firm Gets Green Light to List on Sofia Bourse

Dec 14, 2009, 2:58:48 PMArticle by Georgi Stoyanov
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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.

Bulgaria's Galata Investment Firm Gets Green Light to List on Sofia Bourse

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)

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