Bulgaria: Tepid Demand for Railway Infrastructure IPO

01.07.2008 (14:54)

Investors picked up 2.528 mln from the 5.583 mln shares IPOed by Railway Infrastructure Holding Company, said lead manager UBB.

The minimum subscription target was 2.5 mln shares. The exercise generated over BGN 12.6m for the issuer. The free float of the company will be 4.3%. The shares will trade from mid-Aug. The holding company said it will use the proceeds for its investment program, Railway Market-CEE Review reports.

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Publications on the theme

Bulgaria: The National Railway Infrastructure Company (NRIC) to Êeceive BGN 30 m

10.10.2008 (13:42)

Parliament will end today’s work considering the apportionment of funds from the budget surplus, MPs decided at the beginning of the meeting on Friday.

Bulgaria: BGN 60m of the Budget Surplus to Be Spent on New Trains

24.09.2008 (12:27)

About BGN 60 million of the budget surplus will go for improvement of Bulgarian railway transport, Petar Mutafchiev, Minister of Transport, said.

Bulgaria: BGN 1.2 Billion for the Bulgarian State Railways

15.09.2008 (16:25)

Transport Minister Petar Mutafchiev told journalists, that under a 15-year public procurement contract between the Bulgarian State Railways and government, BGN 1.2 billion will be provided for BSR.

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Poland: PLN 34 Billion for Transport Infrastructure in 2009

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Maersk Line Expected to Post Weaker Results

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