Elektronika AD Sold a Property For 150 000 Leva

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On 4 April Elektronika AD signed a contract for the sale of one of its real estate properties, BSE-Sofia announced.

The property is located on the territory of Velingrad, UCATTU 10 450, Sanatoriuma region. The plot’s area is 5,767 and its durable use is: holiday house according to Elektronika AD’s existing holiday base’s building and regulation plan, approved by Velingrad municipality.

The property was sold together with all the improvements made in it, including all buildings.

The buyer ET Kirov&Son - Petko Kirov has ady transfered the money and VAT due on it to Elektronika AD’s bank account.

Elektronika posted a net profit of 110 000 leva last year compared with a loss of 158 000 leva in 2005. Its core capital is in the amount of 330 000 leva, and its own capital stands at 3.047 mln leva.

Elektronika’s shares were last traded on 3 April at 10.00 leva a share.

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