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EVN Raises Stake in Bulgarian Subsidiaries
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Published: December 21, 2011; 13:16 ♦ (Vindobona)
The Austrian energy group acquired additional shares for € 45m in connection with the privatization process in Bulgaria.
EVN Raises Stake in Bulgarian Subsidiaries / Picture: © Vindobona.org
EVN AG announced the acquisition of an additional 48,100 or 30.75%, of the shares of EVN Bulgaria Elektrorazpredelenie AD, Plovdiv (Bulgaria), as well as an additional 61,600 or 32.73%, of the shares of EVN Bulgaria Elektrosnabdiavane AD, Plovdiv (Bulgaria). As a result, EVN AG holds a total of 97.75% of the shares of EVN Bulgaria Elektrorazpredelenie AD (previous percentage:…
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