Bosnian trader AS raises stake in local textile producer Napredak to 70.96%.

By bne IntelliNews June 1, 2012
Bosnian trading and transport firm AS has raised its stake in textile producer Napredak to 70.96% after purchasing a 6.13% stake on the Sarajevo Stock Exchange, brokerage house VGT Broker, which carried out the transaction, said in a bourse filing. AS bought 5,112 Napredak shares at BAM 6.1 (EUR 3) each on May 18. The remaining Napredak shares are in the hands of smaller shareholders. AS is a privately-held company based in the northern town of Jelah. Napredak is located in the nearby town of Tesanj.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

EUs Sannino invites Bosnian leaders for conciliatory talks on March 22.

The European Commissions director general for enlargement Stefano Sannino has invited the leaders of Bosnias seven main political parties for consultations in Brussels on March 22 in an attempt ... more

Bosnias Serb Republic PPI, CPI inflation eases in Feb 2013.

Growth of consumer prices in Bosnias Serb Republic eased to 0.9% y/y in February from 1.5% y/y in January, as the annual decline of clothing and footwear prices widened, the entitys statistics ... more

Bosnias Federation fails to sell 67% of engineering company Hidrogradnja.

Bosnias Federation has failed to sell its 67% stake in engineering company Hidrogradnja due to lack of investor interest, the entitys privatisation agency said in a statement. The remaining 33% ... more