Change font size:   

 
Country risk index

Country risk index

Bi-annual survey monitoring political and economic stability of 185 sovereign countries

The best private banks in 2008

The best private banks in 2008

An informative guide for high net-worth individuals on the range of service providers that are available

Tuesday, May 13, 2008

Banja Luka bourse to list first private firm Fratello Trade.





Banja Luka bourse to list first private firm Fratello Trade. Local seafood products distribution and marketing company Fratello Trade plans becoming the first private company to float shares on the Banja Luka Stock Exchange, M&A newswire DealWatch reported quoting the head of the RS bourse Milan Bozic. The official explained that Fratello Trade will raise its capital through an IPO on the bourse, which according to him marks a new stage of development of the country’s capital market. Fratello Trade is active in importing, packaging and selling frozen seafood products, being the market leader on frozen fish market in the country. The Banja Luka-based company exports its products to the Croatian, Macedonian and Serbian markets. Local businessman Mario Derajic holds a 69.9% stake in the firm, while the rest is held by a private equity fund Horizonte Bosnia and Herzegovina Enterprise Fund. The latter acquired its stake in Fratello back in 2002 through an equity investment.







You need the best analysis possible to understand what you’re buying. That or a large pair of balls

One US fund manager ponders whether or not to buy real estate assets.

Ruromoney Jobs Post a job