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Eurohold shops for capital market broker and auto dealer

de     HotNews.ro
Miercuri, 7 noiembrie 2007, 0:00


Asitrans general manager Bogdan Stan announced on Wednesday that the Bulgarian company Eurohold, owner of Asitrans, is searching to buy a broker on the Romanian capital market and an auto dealer. A month ago, the same company bought "Time Broker", a private pensions company.

Bogdan Stan mentioned that the negotiations for the two purchases already begun and that it is possible for the company to choose a greenfield project for the capital market broker.

In the auto dealing, the group intends to implement the Bulgarian model, allowing the customer to but a car and sign the auto insurance at the same time.

Stan says that Eurohold aims at some 50 million euros income on the insurance market in 2008 and 70 million 2009. At this month's end, Eurohold will own 85% of the Asitrans insurance company, after a capital increase and further negotiations with the shareholders.






















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