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Irrigation System Employees to Get Paid by End-March, Min Pledges

Business | March 13, 2014, Thursday // 16:31| Views: 1389 | Comments: 0
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Bulgaria: Irrigation System Employees to Get Paid by End-March, Min Pledges Bulgarian Agriculture Minister Dimitar Grekov. Photo by BGNES.

Bulgaria's Irrigation Systems employees will receive wages due in two weeks, Agriculture Minister Dimitar Grekov pledged in the town of Kardzhali.

Earlier Thursday hundreds of people were set to begin demonstrations across Bulgaria over the lack of payment at the state entity, which is on the brink of declaring bankruptcy.

Salaries have been delayed for 4 months due to the huge debt accumulated by Irrigation Systems JSC, amounting to BGN 25 M.

Since 2011, the state has not transferred any funds to the company, although it properly fulfills its obligations, Dimitar Grekov said. Now, owing to legislative changes, employees will be able to receive delayed salaries, Agriculture Minister assured, cited by Bulgaria's National Radio.

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Tags: Agriculture Minister, dimitar grekov, irrigation systems, demonstrations
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