August 12 (SeeNews) - Bulgarian winery Seewines Spirit has raised 300,000 levs ($181,000/153,000 euro) via a new share issue, entered into the commercial register on August 4.
The company needs the funds in order to expand its operations, according to the minutes from Seewines Spirit's recent shareholders meeting, filed with the commercial register.
Seewines Spirit has issued 300 new shares with a nominal value of 1,000 levs each, increasing its registered capital to 3.24 million levs.
The company's majority owner - Seewines, has acquired 240 of the new shares, Agroproduction 2011 purchased 59, while private individual Boris Litovoyski acquired 1 share.
(1 euro = 1.95583 levs)