Bulgaria's Trace Group Hold merges units in Serbia

Trace Serbia has absorbed Trace Balkans and the latter company has ceased to exist as a separate legal entity, Trace Group Hold said in a bourse filing. 

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

As at 11:10 CET on Wednesday, Trace Group Hold's shares traded 0.50% lower at 4.00 levs ($2.28/2.04 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)