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Bulgaria’s Trace Group Hold to raise capital of transport unit to 2.5 mln euro

Nov 13, 2012, 11:26:39 AMArticle by Velizar Uzunov
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November 13 (SeeNews) - Bulgarian construction company Trace Group Hold [BUL:T57] said it will raise the capital of its transport unit Trace Trans to 4.8 million levs ($3.1 million/2.5 million euro) from 1.0 million levs.

Bulgaria’s Trace Group Hold to raise capital of transport unit to 2.5 mln euro

Blue-chip Trace Group Hold will subscribe all new 38,000 shares with a par value of 100 levs each that Trace Trans will issue, the company said in a bourse filing on Monday.

(1 euro = 1.95583 Bulgarian levs)

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