April 23 (SeeNews) - Bulgarian fertilisers producer Neochim [BUL:3NB] said on Tuesday that it is seeking the approval of its shareholders to sign agreements with local Euro Fert and Austria's Borealis L.A.T.
If approved, the distribution contracts will enter into force as of the start of 2020, Neochim said in a bourse filing.
The company's shareholders will vote on the proposals at a general meeting scheduled for June 18.
Earlier this month, Neochim said it expects to book sales revenue of 302.3 million levs ($174 million/155 million euro) in 2019, up from sales of 220.7 million levs last year.
(1 euro = 1.95583 levs)