Bulgaria's Bulgartabac Has A New Owner

Business | March 27, 2014, Thursday // 16:35| Views: 1232 | Comments: 0
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Bulgaria: Bulgaria's Bulgartabac Has A New Owner

Bulgaria's major tobacco company Bulgartabac has a new owner, shows the Austrian commercial register. 

Livero Establishment, registered in Lichtenstein, is the new owner of BT Invest – the Austrian company, which privatized the holding in 2011. 

It got a little less than 80% of Bulgartabac for EUR 100.1 M.

For now the BT Invest management remains the same. 

Bulgartabac has about a 50% share of Bulgaria's cigarette market and controls  distribution companies and a chain of kiosks, which sell its tobacco products, newspapers and packaged food.

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Tags: Bulgartabac, tobacco, BT Invest, Livero Establishment
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