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TWO APPEALS AFTER HEMUS AIR SALE
Business | June 20, 2001, Wednesday // 00:00
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Albanian Airlines, which was not short listed in the bidding on 51% of Hemus Air will attack the Privatization Agency choice of `Pirin Tourist` as an exclusive buyer. It was said by sources from the `KPMG - Bulgaria` and quoted by Sofia`s daily `Standart`. In a recent letter the Albanians asked for an urgent meeting with the management of the Privatization Agency in order to know the real reasons to be cast out of the negotiations. The PA management to prove what the state interests are in this procedure and to voice publicly the price offered and the investment commitments of the three companies, demanded the outcast investors. Few days ago the `Leasing Venture`, which ranked second, announced that will appeal the decision of the Privatization Agency.
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