PA PUTS OFF DEALS TO THE NEW GOVERNMENT
Business | July 8, 2001, Sunday // 00:00
Most of the deals and the opened privatisation procedures will be left to the next government because the present team of the Privatisation Agency /PA/ is unable to materialise them, officials from the PA announced. This decision was made because of the declaration submitted by the Simeon II National Movement, dated June 20, 2001, which appeals for suspending the opened privatisation procedures. Last week the PA decided to postpone the privatisation of the hotels, restaurants and tennis courts in the Slanchev Bryag resort until end-September. The privatisation of Alen Mak will have the same fate because none of the nine candidate buyers have submitted an offer by the June 27 deadline. A new tender will be launched for the editorial building of Rodina printing and publishing house. No official decision has been made on Iliyantsi`s divestiture though the PA has selected Trakiya of Plovdiv as exclusive buyer. The negotiations with Pirin Tourist for Hemus Air and with Sweden`s SKF for the bearings plant in Sopot however will be finalised for the 30-day term expires this week.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Bulgaria: Ex-Energy Minister and Ex-Head of Bulgargaz are Accused of Buying Gas from Gazprom through Intermediaries
- » Ex-Finance Minister: If Bulgaria enters the Eurozone Tomorrow, People's Assets will Increase by 30%
- » Moody's confirmed the Credit Rating of Bulgaria and Predicts Postponement of the Euro
- » TPP ContourGlobal Maritsa 3 produced over 12% of the Electricity in Bulgaria in 2022
- » Bulgarian Financier: Adoption of the Euro will Not Raise Prices
- » Bulgaria allowed the Export to Ukraine of Petroleum Products obtained from Russian Crude Oil