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Croatia’s Koncar absorbs two subsidiaries

Jul 5, 2024, 11:45:04 AMArticle by Dragana Petrushevska
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July 5 (SeeNews) - Croatian electrical equipment manufacturer Koncar Elektroindustrija [ZSE:KOEI] said it has absorbed two of its subsidiaries - Koncar Engineerging and Koncar Infrastructure and Services.

Croatia’s Koncar absorbs two subsidiaries
Koncar. Source: Koncar

The merger of Koncar Engineerging and Koncar Infrastructure and Services into Koncar Elektroindustrija was registered by the Commercial Court in Zagreb on July 1, the parent company said in a Zagreb bourse filing earlier this week.

Koncar's shares traded 0.77% lower at 258 euro ($279.3) on Friday morning.

($ = 0.924 euro)

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