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Bulgaria's Superhosting.bg acquires Sofia-based Hosting

Bulgaria's Superhosting.bg acquires Sofia-based Hosting atm2003/Shutterstock.com

SOFIA (Bulgaria), March 20 (SeeNews) - Bulgarian hosting services provider Superhosting.bg has acquired Sofia-based company Hosting for an undisclosed sum, according to a notice published in the country's commercial registry.

Superhosting.bg has acquired 100% of the shares previously held by Bulgarian digital media outlet NetInfo and individual investor Anton Titov, the notice reads.

Hosting, which operates the website Host.bg, had a turnover of 1 million levs ($550,214/511,319 euro) and a net profit of 56,000 levs in 2015.

Superhosting.bg had revenues of 5.4 million levs and a net loss of 473,000 levs in 2015.

(1 euro = 1.95583 levs)

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