Telekom Slovenije hikes capital of Montenegro's SIOL.

By bne IntelliNews February 6, 2012
Telekom Slovenije said it has hiked by EUR 0.32mn the capital of its Montenegrin subsidiary, Podgorica-based SIOL, via a new share issue. The funds will be invested in the purchase of network that is part of a regional optical network construction project, Telekom Slovenije said on its website. The Slovenian telecom remains the only shareholder in SIOL. SIOL doo Podgorica was established by Telekom Slovenije in August 2011 for the purpose of constructing a regional fibre optic network through Montenegro. In its statement, Telekom Slovenije also said it has raised the capital of its Bosnian unit - Sarajevo-based SIOL, by EUR 1.5mn and of its Macedonian company, Digi Plus Multimedia Dooel, by EUR 2mn.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Montenegro says to borrow EUR 220mn this year, down 12% than planned.

Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more

Montenegro reports increased budget revenue in Q1.

Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more

Mobile phone penetration in Montenegro drops to 155.5% in Feb 2013.

Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more

Follow Us On

Most Read

  1. Saudi Arabia to scale back plans for Neom city
    6 days ago
  2. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  3. The ruble overtakes the yuan as Russia's main currency for settling international trade deals
    7 days ago
  4. Iran vs Israel: Who is better equipped for war?
    2 days ago
  5. Leading emerging markets move rapidly up World Bank’s PPP GDP and FDI confidence rankings
    7 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    16 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    21 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    26 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    19 days ago

Reports

Dismiss