The general shareholders“ meeting of Bulgaria“s Solvay Sodi AD agreed 24 June 2005 to distribute all but BGL 400,000 of its 2004 profit of BGL 22.6 million as a dividend.
The meeting was attended b…
The general shareholders“ meeting of Bulgaria“s Solvay Sodi AD agreed 24 June 2005 to distribute all but BGL 400,000 of its 2004 profit of BGL 22.6 million as a dividend. The meeting was attended by fourteen shareholders including the European Bank for Reconstruction and Development (EBRD), Sisecam Group and Solvay Group, who together represent 97.97% of the shares. The company“s 2004 profit stands at BGL 22.6 million, BGL 400,000 of which will be set aside in the reserves. The dividend will amount to BGL 0.0350 per share. In 2004 the company“s investment programme amounted to BGL 15.6 million. A growth of 4.26% has been achieved in the production of soda ash and 13.25% in the production of sodium bicarbonate.