Orgachim Has Paid All Debts to the Government

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Orgachim AD paid all its debts to the government in compliance with the Law on the settlement of non-performing loans in the amount of 13 703 USD and 14 384 leva, BSE announced.

As of 30 April 2007 Orgachim AD has no debts to the country pursuant to The Law on settlement of non-performing loans. During 2007 a total of 9.245 mln dollars and 9.499 mlnleva has been paid.

The company’s main shareholder is Whitebeam holdings Ltd controlled by Policolor, owning 64.21 % of the capital.

Orgachim AD has appointed a General Meeting of Shareholders 7 June 2007 which will vote the proposal to set aside the 2006 profit in the amount of 8,095 leva to the Reserves Fund.

The stock of the Rousse-based company ended today’s trade at an average of 196.03 or 0.03% lower than Friday.

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