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N Macedonia s Capital Bank completes cap hike

North Macedonia-based Capital Bank raised its capital by 2.6 million euro ($2.6 million) through the issue of 14,564 ordinary shares in a private placement

N Macedonia s Capital Bank completes cap hike

SKOPJE (N. Macedonia), January 13 (SeeNews) - North Macedonia s Capital Bank raised its capital through the issue of 11,254 new shares in a private placeme

UPDATE 1 - Acquittal of all defendants in sale of 33% of EVN Bulgaria takes effect

UPDATE 1 - Acquittal of all defendants in sale of 33% of EVN Bulgaria takes effect - Alfa Finance Photo: Nadezhda Chipeva, Capital SOFIA (Bulgaria), May 11 (SeeNews) – A decision by a Bulgarian court to acquit one of Alfa Finance Holding’s major shareholders, three employees of its unit Bulbrokers and two ex- government ministers in a case for the sale of a stake in power utility EVN Bulgaria Elektrorazpredelenie has entered into force, Alfa Finance Holding said on Tuesday. The prosecutor s office decided not to appeal the Appellate Specialised Criminal Court s decision within the 15-day deadline which expired on May 5, Alfa Finance Holding said in a statement.

Bulgaria s Alfa Finance says appeals court finds no crime committed in 2012 sale of Kaolin shares

Bulgaria s Alfa Finance says appeals court finds no crime committed in 2012 sale of Kaolin shares Photo: Nadezhda Chipeva, Capital SOFIA (Bulgaria), April 6 (SeeNews) - Bulgaria s Alfa Finance Holding said on Tuesday that the Sofia Appellate Court has issued a final decision dismissing the criminal charges against three of its major shareholders over the sale of shares in the capital of mineral extracting and processing company Kaolin. The court dropped the charges of transformation of illegal property brought against Ivo Prokopiev, Ivan Nenkov and Konstantin Nenov on March 26 as it found no crime had been committed related to their involvement as board members of Alfa Finance Holding in the sale of shares in Kaolin on the stock exchange in Sofia, Alfa Finance Holding said in a statement.

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