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Croatia’s Meritus Ulaganja changes name to BOSQAR

Jun 14, 2024, 11:54:04 AMArticle by Annie Tsoneva
share
June 14 (SeeNews) - Croatian holding company Meritus Ulaganja [ZSE:BSQR], the parent company of global business process and technology outsourcing services provider Mplus, said on Friday that its management and supervisory boards decided to change the name of the company to BOSQAR.

Croatia’s Meritus Ulaganja changes name to BOSQAR
Mplus

The company’s stock exchange ticker has also been changed and the new one is BSQR, it said in a filing to the Zagreb bourse. The new brand under which the company will continue its operations is BOSQAR INVEST.

"With the new name and brand, BOSQAR INVEST, we encompass all the diversity of our business verticals, describe our new strength, and emphasize our constant pursuit of excellence," Darko Horvat, president of the management board of BOSQAR INVEST, said.

BOSQAR INVEST brings together four business verticals: the BPTO vertical, which continues to operate under the brand name Mplus and is made up of the company M Plus Croatia d.o.o. and its subsidiaries; the HR vertical and companies that operate as part of the Workplace Group and are holders of Manpower licenses for eight countries in the region; the eCommerce business vertical, which under the brand name Eplus Ventures consists of companies that operate according to a common eCommerce business model; and the newest, food vertical, Future Food Solutions, an integral part of which Panvita Group companies should also become, upon obtaining the approval of the competent authorities for the protection of market competition, it added.

Last month, Meritus Ulaganja said that it will acquire via its subsidiary a 51% stake in Panvita Holding, which will hold Slovenian agricultural and food company Panvita Group.

With a portfolio of 32 languages, the Mplus Group provides contact centre services from 42 locations in 15 countries.

The company’s shares last traded on Wednesday, ending 4.76% higher at 220 euro ($236).

($ = 0.933 euro)

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