Doverie United Holding (

) has acquired 47,000 shares in Hydroizomat (

), raising its directly owned stake in the company to 10.61%, x3news.com reported.

Doverie United Holding's entire stake in Hydroizomat, held either directly or through connected persons, remains unchanged at 56.04%. The value of the deal, which was sealed on March 17, amounts to 493,450 leva, which translates into 10.499 leva per share.

Hydroizomat booked 618,000 leva consolidated net profit for 2007, or 0.48 leva per share.

The company posted 318,000 leva profit a year earlier.

The last transaction on the position of Hydroizomat was sealed at a price of 8.50 leva per share.