The Bulgarian company will invest another 2.965 mln euro in its affiliated company which will be used for the purchase of plant and metalurgical plant equipment.
A technological line for recycling of used acumulators will be purchased from Engitec Technologies S. p. A. Novate Milanese and metalurgical furnaces will be purchased from BG Industries Tournes – France.
Monbat's sales revenues for the first four months of the year stand at 33.936 mln leva which is 37% more than a year ago.
The company posted a profit in the amount of 4.397 mln leva or 97% up compared with the first four months of 2006.
Prista Oil controls 68.3% of the company's capital while Monbat Trading has 7.06%.
A total of 62,135 Monbat shares changed hands yesterday at prices ranging between 11.80 and 12.24 leva per share.