December 5 (SeeNews) - Croatian valves and fittings manufacturer MIV [ZSE:MIV-R-A] said on Wednesday its bank account has been blocked.
The company takes all necessary actions to repay the debt to creditors and unblock its account in the shortest time possible, MIV said in a filing to the Zagreb Stock Exchange.
Last month, Croatian sector player Vodoskok expressed interest in subscribing a capital hike of MIV, in order to enter MIV's shareholding structure.
German company Rixecker Investment holds a stake of 45.09% in the capital of MIV. The company's second-largest shareholder is Addiko Bank with 22.83%.