Krajina Osiguranje Seeking Investor for Recapitalization Worth Several Million Convertible Marks

Source: Capital Wednesday, 11.08.2021. 15:41
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In a month, the GM of Krajina Osiguranje will deliberate on the potential recapitalization of this company, which needs at least 2.2 million convertible marks in order to stabilize itself financially, Capital learns.


The decision on the issue of regular shares through a public offering is on the agenda of the GM session, scheduled for September 10.

According to the information available to Capital, the issue should not be below 2.2 million convertible marks, considering that this is the sum that the company needs to cover the technical reserves.

There is a possibility of the shares being bought by the Republic of Srpska Investment-Development Bank (IRBRS), which is the biggest individual shareholder, but there’s information that some other investors are interested as well.

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