"Trace Group Hold" PLC Senior Management team met with a representative of the Estonian investment company "Trigon Capital"

26 Apr 2016

The top management team of “Trace Group Hold” PLC met with a representative of the Estonian investment company “Trigon Capital”. “A company, based in Tallinn, Estonia that manages funds with assets of about 1 billion US dollars”- informed Mr. Mehis Raud and added: “The main markets that we invest in are Russia and Eastern Europe, including Bulgaria.” During the business meeting on behalf of “Trace Group Hold” participated prof. Nikolay Mihaylov – Chairman of the Board of Directors, Miroslav Manolov – CEO, Dipl. Eng. Nikolay Valev – Vice Chairman of the Board of Directors, Rositsa Dineva – Finance Director and Desislava Luybenova  - Financial Advisor. The Chief executive officer Miroslav Manolov and the General Manager of the international activity Dipl. Eng. Nikolay Valev presented Trace scope of activities, main achievements of the group and prospects for company’s development. Mr. Manolov explained that on the Bulgarian construction market there are forthcoming tenders expected to be announced within the operational programs, also construction of underground stations and projects under the programs for energy efficiency by Ministry of Regional Development and Public Works. "Trace is actively involved - assured Mr. Manolov - and added, leading for us is to offer a competitive price and high quality."

Prof. Dr. Eng. Nikolay Mihaylov – Chairman of the Board of Directors of “Trace Group Hold” PLC shared that the willingness of the company is to extend its activities abroad and to enter foreign markets not only in the field of road infrastructure but also in the building construction sector and implementation of hydro-engineering and water & environmental facilities. After positioning the group in the Republic of Serbia and performing projects in the Czech Republic, Trace is exploring new markets.

At the meeting Mr. Raud provided information to the managers of Trace about the portfolio, strategy and markets where "Trigon Capital" invests.