VIDAHIM CLOSED DOWN

Business | July 23, 2001, Monday // 00:00

The Unified Revenue Agency will proceed with closing down Vidahim. The general meeting of the creditors decided on Friday to sell out the assets of the venture, which were adjudged insolvent two years ago. The claims of the state amount to BGN 30 M, both to URA and to the State Reserve. Till end-July the debts of the venture totalled BGN 49.7 M and BGN 2.3 M of them are arrears to former employees.

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