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EVN Raises Stake in Bulgarian Subsidiaries

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: © Flickr

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:…

This article includes a total of 149 words.

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