The Management Board of Eurohold Bulgaria took a decision to increase the equity capital of Euroins Insurance Group (EIG) from BGN 191.3m to BGN 239.5m through the issuance of new shares. Eurohold Bulgaria subscribed all 48.2m new shares with nominal and issue value of BGN 1. In fact, the new shares are designated to go to Global Finance, which provided EUR 24.6m financing for the capital increase. The loan facility will later be converted to an equity stake in EIG after all permission by the relevant authorities in the countries were EIG has subsidiaries (Bulgaria, Romania and Macedonia) are received. The funds from the equity capital increase will support the regional expansion of EIG.