Company Sinergy Invest Holding AD

Simat AD (Simat Inc) is a Bulgaria-based company that is principally engaged in the construction-supplies and fixtures industry. The Company’s product portfolio includes: glass fibres; glass veils and their derivative products such as: insulation panels for filters, battery separators, glass ropes and others; glass fabrics for insulation in buildings and in vessels, among others; crystal mirrors with a silver coating. As of December 31, 2011, the Company’s major shareholder was Elba EOOD Elena with a stake of 36.64%.