Magyar Telekom's Macedonian subsidiary,
Makedonski Telekomunikacii AD (MakTel) has signed an agreement to sell
its fully owned company Montmak DOO for a consideration of EUR 5
million.
Press News
2008. 11. 12. 12:36:50
Non-core asset sale at MakTel
Budapest, February 12, 2008
Montmak DOO owns and operates a beach hotel facility on Montenegro’s Adriatic coast and had a book value of EUR 1 million as of December 31, 2007. The transaction is expected to close in the first quarter 2008.
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