In June 2018 ELANA Agrocredit invested in purchase of 700 dca (70 ha) farmland as making financial leasing contracts with farmers, the company announced in its monthly newsletter for investors. The deals amounted at BGN 729 510. That added to a total of BGN 6 033 000 investment in H1 2018.
ELANA Agrocredit successfully completed its capital increase raising a total of BGN 19.5m, the Company reported in a regulatory filing. The minimum required for success of the offering was set at 10 mln. shares subscribed (BGN 1.10 per share).