Energoremont Holding WithTwo More Contracts Worth 351 000 Leva

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Energoremont Holding has signed two contracts for reconstruction works with District Heating System Varna EAD, The Public Procurement Agency reported.
The projects cost is 351 000 leva, VAT included.

Only a few days ago the holding signed 4 other contracts worth a total of 1.889 mln leva, VAT included.

Energoremont has appointed a General Meeting of shareholders May 30, to vote a capital increase from the current 349 340 to 3 842 740 leva using own funds.

The capital is to be increased through the issuance of 3 493 400 mew shares with a face value of 1 lev financed with 171 146.94 leva from the General Reserves Fund of the company which is exceeding the regulated amount by more than the allowed 1/10 of the capital and 3 322 252.06 leva from the Other Reserves Fund.

New shares will be allocated among shareholders in proportion to their participation in the capital. For each 1 share they will receive 10 new ones.

Only one share of Energoremont was traded today at 500.2 leva.

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