Source: Danas | Thursday, 21.07.2005.| 14:47
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Grand kafa purchased 92.7% of stocks of Soko Štark

After the completion of the second round of the purchase of stocks from the minor stockholders, company Grand kafa became the majority owner of Soko Štark with 92.7% of registered stocks. Announcement of final results of the takeover of stocks of Štark was used by the owner of Grand kafa, Slobodan Vučićević, as occasion for signing of the social program with the presidents of Independent TRade Union of Štark and fulfilling of promise given to the employees that some steps related to the protection of the rights of the employees would be taken after the takeover of the company.

So far, 33 milllion EUR was paid for the procurement of 92.7% of stocks. There are 7.3% of stocks that have not been deposited yet and Grand kafa expects that the owners of these stocks will decide to sell it after all.

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