Doverie’s subsidiary Maritzatex establishes a new subsidiary in the real estate sector (NEUTRAL)

04.02.2025 Source: Doverie; FFBH

Maritzatex, the 91.97% indirect subsidiary of Doverie United Holding, has established a new subsidiary Maritzatex Properties Ltd. The capital of the new entity is BGN 7.7m and consists of in-kind contribution of real estate. This move will ensure more effective asset management and minimise the risk of financial losses, as the new company will not assume the obligations of Maritzatex, Doverie announced. Our reading on this news is a potential sale of the new company.