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Bulgaria's Sopharma raises stake in local textile producer

Author Dena Popova
Bulgaria's Sopharma raises stake in local textile producer

SOFIA (Bulgaria), August 5 (SeeNews) - Bulgarian drug maker Sopharma [BUL:3JR] said it increased its stake in local yarn and fabrics producer Maritzatex from 10.52% to 10.73% after buying 1,000 company shares.

Following the transaction on July 31, Sopharma owns 50,333 Maritzatex shares, the pharmaceutical company said in a bourse filing last week.

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Maritzatex's majority shareholder is local Industrial Holding Doverie, which owned 254,884 of its shares, or a 54% stake, in March, bourse data indicated.

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