Energoremont Holding WithTwo More Contracts Worth 351 000 Leva

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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