Market assessment of Velgraf Asset Management PLC on the Bulgarian Stock Exchange is BGN 196 million. Galata Investment Company JSC is assessed to nearly BGN 103 million, while recently separated from it Regal Invest- BGN 32 million, while Chimsnab Bulgaria’s assessment is BGN 81 million. Other BGN 61.5 million assets have to be added that are in a process of merger in Rodna Zemya-Holding. Thus the overall market capitalization of the group will reach 5% of all market capitalization of Bulgarian public companies. All of these companies were controlled by Chimimport. Sole institutional investors in these companies are Central Cooperative Bank and Texim bank, as well as pension funds CCB - Sila Pension Insurance JSC and Saglasie - Pension Insurance Company. Rodna Zemya-Holding was acquired by Chimimport in 2011. According to the plan ten companies have to merge in Rodna Zemya-Holding part of whose are owned by the holding. An approval has already been granted by the Financial Supervision Commission, as the holding is a public company and after the merger the new company will continue to be so.
Source: Capital (10.03.2014)