Holding Roads: The Company Is Not For Sale

Holding Roads: The Company Is Not For Sale

Holding Roads ()  is not for sale, the company's executive director and member of the Board of Directors Orlin Hajiyankov told Profit.bg.

“There have been bids, for both stakes and the entire company,” he admitted.

As we already wrote, the holding expects net consolidated profit in the amount of 41.7 nln leva (21.3 mln euros) for 2008 and revenues in the amount of 202 mln leva (103.2 mln euros). The financial result for the current year will be used for both investments and dividend distribution.

The company has appointed a general meeting of shareholders this month, which is to vote a capital increase from 432,000 leva to 30.67 mln leva (15.68 mln euros).

30.24 mln new shares will be issued for the purpose and each shareholder will receive 70 new shares to each one they hold.

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