Bulgaria's Trace Group Hold merges units

Metro Druzhba has absorbed Trace SOP but will not increase its capital as a result, Trace Group Hold said in a bourse filing on Wednesday.

Trace Group Hold has been actively restructuring its units in the past two years.

As at 12:35 CET on Thursday, Trace Group Hold shares traded 0.63% lower at 3.18 levs ($1.80/1.63 euro) on the Bulgarian Stock Exchange.

Trace Group Hold's activities include rehabilitation, reconstruction and construction of roads, highways, airports, underground stations and underground railways, ground railroads and facilities, urban infrastructure and road marking.

(1 euro = 1.95583 levs)