You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Croatian owners sell 100% of Bosnia's Winter for 4.9 mln euro

Author Iskra Pavlova
Croatian owners sell 100% of Bosnia's Winter for 4.9 mln euro Mark Rubens/Shutterstock.com

ZAGREB (Croatia), February 14 (SeeNews) - The two owners of Bosnian tourism, hospitality and trade company Winter have sold it for 9.5 million marka ($5.3 million/4.9 million euro), one of them - Croatian real estate company Stanovi Jadran [ZSE:STJD], said on Friday.

Stanovi Jadran sold its 89% stake in Winter for 8.45 million marka, it said in a statement filed with the Zagreb bourse, without disclosing the name of the buyer.

The head of Stanovi Jadran's supervisory board, Miroslav Jelicic Purko, sold his 11% shareholding in Winter to the same buyer for 1.05 million marka, the statement reads.

The sale and purchase contract was signed on February 13 in Sarajevo.

Travnik-based Winter is the owner of Hotel Blanca Resort and Spa at Mount Vlasic, in central Bosnia.

The shares of Split-based Stanovi Jadran have not traded on the Zagreb bourse where they are listed. Local firm Jadran Kapital is its majority owner with 60.2%, followed by a pension fund PBZ CO - category B with 26.2%, while the remainder belong to smaller shareholders, bourse data showed on February 14.

(1 euro = 1.95583 marka)

Compare