DZI PRIVATIZATION MOVED FOR APPROVAL AND DISCUSSION

Business | July 26, 2002, Friday // 00:00

The Executive Board of the Privatization Agency moved for discussion and approval to the Supervisory Board of the agency the parameters of the sake contract for the State Insurance Institute DZI. That is a procedure, which precedes the actual signing of the document. Only one offer for 80% of the biggest state insurer State Insurance Institute DZI was submitted to the Privatisation Agency. The bid was submitted by Contract OOD, owned by banker Emil Kyulev. They offered to pay EUR 20,5 M.
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