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Thursday, 8 April 2004
+++ Incorporation of subsidiary company "GLOBAL -
NET SOLUTIONS" EOOD (Ltd) +++
In compliance with article 4 of the Capital Market
Commision's Board of Director's 5/204/14.11.2000 Regulation on disclosure
requirements provided for companies listed on the Athens Stock Exchange,
the Company announces that it proceeded with the incorporation, by 100%,
of a subsidiary company under the corporate name "GLOBAL - NET SOLUTIONS"
EOOD (Ltd).
The new Company is based in Sofia, Bulgaria. The initial
share capital of "GLOBAL - NET SOLUTIONS" EOOD (Ltd) amounts
to 390.000 BGN and is divided into 39.000 shares, with a nominal value
of 10 BGN per share.
The company's main activity will be the supply, trading
and provision of mobile telephony items and services, the establishment
and operation of industrial units producing every kind of electronic and
electromechanical equipment and material, software development for new
telecom systems and computers, provision of telecommunications services
to the general public, and, broadly speaking, commercial activitity both
inside and outside Bulgaria.
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