Corporate Commercial Bank Becomes Third Largest Owner of Bulgartabac

Business | May 12, 2014, Monday // 12:16| Views: | Comments: 0
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Bulgaria: Corporate Commercial Bank Becomes Third Largest Owner of Bulgartabac Photo: BGNES

The Corporate Commercial Bank (KTB) is the third largest stake holder in Bulgaria's largest tobacco company, Bulgartabac Holding.

According to the report of the Capital Daily business daily, it has purchased 3.22% of Bulgartabac's stakes and the total ownership of the bank became 6.02%. 

The two largest stake holders are the Austrian BT Invest and E. Miroglio Finance, registered in Luxembourg. 

The KTB purchase was registered in the Central Depository last Friday, but it is not clear who sold the stakes.

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