The capital of the new assosiation is 250 000 leva, distributed in 250 000 shares with 1 lev nominal. Each of the shareholders takes part with 50% right to vote.
The new assosiation is registered with a decision of the regional court of Varna from 22 August 2007. In „VIK-Sandvik-IHB Design“AD are going to work over 30 skilled ship designers.
Industrial Holding Bulgaria AD-Sofia convene a common meeting with the shareholders on 29 August,where they will discuss a decision for increase of the capital of the holding assosiation from 26.254 mln. leva to 43.757 mln. leva.
The increase is going to be done by produsing of around 17.503 new ordinary shares with right to vote with 1 lev nominal and 2.40 leva issuing value.