At the moment Albena Holiday Resort AD is in the proces of negotiating the slae of its susidiary to a foreign investor. Interset has also been expressed by some other foreign companies.
Bialata Laguna (The White Lagoon) is situated 9 km to the north of the city of Balchik, 8 km south of Kavarna and 50 km away from Varna Airport. Albena AD's core activity is managing of the Bialata Laguma complex as well as providing hotel and other tourist-related services.
According to the company's prospectus the shares will be floated on BSE-Sofia at a price of 22.00 leva which brings the company's total value to 94.6 mln leva.
Bialata Laguna AD posted a loss of 155,000 leva in the year's first quarter agianst a negative result in the amount of 73,000 leva a year ago, shows the company's report filed with the BSE.
The company has a core capital of 4.3 mln leva and its shared capital stands at 91.169 mln leva. Albena AD controls 99.99% of its capital.
During today's morning session the stock of Albena AD was traded at levels between 105.10 leva and 106.98 leva. On the position of Bialata Laguna bids are at 3.31 leva, no asks are announced.