Financial and insurance group Eurohold Bulgaria said on Friday Euroins Romania's capital has been raised to 530 million lei ($126 million/117.4 million euro).

Bulgaria-based Euroins Insurance Group used part of the funds from its own 2016 capital increase to hike the capital of its subsidiary, Euroins Romania in December, by 44 million levs ($24.1 million/22.5 million euro), Eurohold Bulgaria said in a filing to the Sofia bourse. Read the full story BULGARIA: Eurohold hikes Romanian unit's capital, to merge two Bulgarian arms