PROCEDURE FOR BIOCHIM PRIVATIZATION LAUNCHED

Business | September 28, 2001, Friday // 00:00

The Bulgarian Bank Consolidation Company, in charge of bank sell-offs, is to launch a new privatization procedure for 99.6% of the Bulgarian Bank Biochim and 32.8% of the Central Cooperative Bank. That was announced by the Bulgarian Finance Minister Milen Velchev who chairs the bank holding. There is still no deadline for the privatization of the banks. No details were announced for the privatization method to be used or the investors that are interested.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria