Croatia’s Ericsson Nikola Tesla opens R&D centre in Kosovo
Kempinski Hotels to invest 70 mln euro in Romania ski resort
UPDATE 1 - Bulgaria's economy grows 1.8% y/y in Q3 - prelim data
Serbia posts 47.8 mln euro budget deficit in Jan-Oct
Bulgaria's economy grows 1.8% y/y in Q3 - prelim data
Nov 01, 2007 11:36 EEST
In SOFIA story "Bulgarian Construction Company Glavbolgarstroy Considers Listing on Sofia Bourse - Media" please read in the last paragraph 100 million euro instead of 00 million euro
November 1 (SeeNews) - Bulgarian construction company Glavbolgarstroy considers listing on the Bulgarian Stock Exchange in 2008 to tap on the increasing investor interest in construction companies, a Sofia-based daily reported on Thursday.
A decision will be taken after the end of this financial year and the floatation could be a fact not earlier than April, business daily Dnevnik quoted Glavbolgarstroy Holding executive director Simeon Peshov as saying.
All SeeNews calls to Glavbolgarstroy officials went unanswered.
A rising number of Bulgarian companies have recently listed, or announced plans to do so, on the stock exchange in Sofia, whose popularity among local and foreign investors has been growing since Bulgaria’s entry in the European Union in January. The latest initial public offering, by road construction company Trace Group Hold in late October, was 1,480 times oversubscribed. Its peers Moststroy and Holding Roads, too enjoy great interest on the bourse.
Glavbolgarstroy, which was set up in 1969, operates also in Russia, Ukraine, Kazakhstan, Uzbekistan and Germany. Its average annual turnover is more than 100 million euro ($144.4 million)
($ = 0.6927 euro)
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