Ursus sells unit in Bosnia

Agricultural machinery producer Ursus has sold a 50-percent stake in Bosnian unit Fabrika Traktora to Jerzy Mazurek for 1 convertible mark, the company said in a recent statement. The private investor also bought the remaining shares in Fabrika Traktora and is now its sole owner. Ursus said that it decided to sell the shares due to the unit’s unsatisfactory financial results, influenced by the situation in the region.