Tigar calls extraordinary general meeting on April 14 - Shareholders to discuss reorganization plan

(Photo: Tigar.com)

This meeting is scheduled for 12 noon on April 14. It will be open to all those holding shares in that company on April 4 (the Day of Shareholders).

The planned reorganization is a part of an agreement that the Tigar management has recently reached with Economy Minister Igor Mirovic. Let us remind that on that occasion, the state promised to help the financial consolidation of this company.

According to Tigar CEO Djenadic, this company managed to generate a revenue of about EUR 24 milllion last year, although it was closed the whole first quarter, with exports to the European Union accounting for more than 50 percent. With the share price of RSD 96 on Monday, Tigar's market cap is at RSD 165 million (EUR 1.42 million).