THIRD OFFER FOR VARNA SHIPYARD

Business | April 2, 2001, Monday // 00:00

Italian financial company Gibar International Ltd. is interested in buying Varna Shipyard. This is the third foreign company interested in buying the shipyard. The president of the company Giusepe Barbara and the vice president Andrea Ragosta arrived on a survey visit in Varna. They met the directors of the enterprise and the technical managers, who marked the bad financial condition and the potentials of the plant to produce great tonnage ships.

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