Slovene Retailer Becomes Majority Owner of Skopje-Based Saem
Velenje, 12 March - The Velenje-based retailer Era purchased, according to unofficial information, a 48.69-percent stake in Skopje-based company Saem, thus acquiring a single majority stake in this fairgrounds company. Shares were purchased from the Macedonian Agency of Privatisation and minor shareholders last week. The investment - estimated at DEM 5.8 million - is in accordance with the company's strategy to penetrate the former Yugoslav markets, Era said on Monday. The Slovene company intends to invest DEM 70 million in Saem in the next years.
The rest of this news item is available to subscribers.
The news item consists of 664 characters (without spaces) or 128 words words.
Buy the news item. Price: 2 tokens; on account: 0 tokens.