Gustavia sells Energoprojekt's shares

Swedish investment fund Gustavia was the largest seller of Energoprojekt's shares in the previous period, during which the company's value has grown a bit. The company's regular assembly of shareholders will be held on September 2nd.

Gustavia is one of the largest foreign portfolio players in the domestic market, and it also has a quite concentrated portfolio in Serbia, which includes Energoprojekt, Imlek, Sojaprotein, and Komercijalna Banka.

Energoprojekt ended yesterday's trading at the level of RSD 929 per share, which represents the growth of 22% since the beginning of the year, while the value of Belex 15, the index of the most liquid shares, dropped a bit in the same period. This is, primarily, a consequence of the investor's expectation that the state will sell its package of shares to a strategic partner in a very short time, and Canadian Lavalin is mentioned as the most serious candidate.