26. August 2002 at 00:00

Istrochem bought by Agrofert group

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TASR , SITA ,

Newswire

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THE FNM privatisation agency has approved the sale of almost 92 per cent of shares in Bratislava chemicals firm Istrochem for Sk202 million ($4.5 million) to the Istrodeza firm, part of the Agrofert group.

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The sale contract, which is to be signed before September 15, obliges Istrodeza to invest Sk1 billion into the property, Sk600 million of which in ecological measures.

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