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Bulgarian supercar maker Sin Cars Industry to hike capital

Author Mario Tanev
Bulgarian supercar maker Sin Cars Industry to hike capital Photo: Sin Cars Industry / All rights reserved.

SOFIA (Bulgaria), February 11 (SeeNews) - Bulgarian supercar manufacturer Sin Cars Industry said that its shareholders have approved the company's plan to increase its capital by 500,000 levs ($279,000/256,000 euro) via a new share issue.

All new shares will be subscribed for by local VKA Solutions, the minutes from the supercar maker's shareholders meeting, published last week, showed.

The company currently has a registered capital of just over 18 million levs.

Sin Cars Industry is currently fully owned by its founder Rosen Daskalov, according to commercial register data. VKA Solutions is fully owned by private individual Venelin Videnov.

(1 euro = 1.95583 levs)

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