Austria's Welde Planning to Hike Capital of Bulgarian Unit

Austria's Welde Planning to Hike Capital of Bulgarian Unit

Welde Bulgaria, a unit of Austrian wooden products manufacturer Welde Gesellschaft, said on Wednesday that it is planning to increase its capital to 1.38 million levs ($795,000/706,000 euro) from 404,634 levs through a new share issue. All 977,915 offered shares will be subscribed for by the company's sole owner - Austria's Welde, Welde Bulgaria said in an invitation for a shareholders meeting.The shares will be subscribed for at par value, according to the document.Welde produces plywood and hardboard and trades in timber and wood-based products. In Southeast Europe, it also operates in Romania and Serbia.Welde Bulgaria was delisted from the Bulgarian Stock Exchange in August 2017.

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.