CONSULTANT ON BALKAN AIRLINES TO BE SOUGHT

Business | October 22, 2001, Monday // 00:00

The Bulgarian Ministry of Transport and Communications will open a tender for a consultant on the strategy for the Bulgarian national carrier, Balkan airlines. That was announced by Transport Minister Plamen Petrov. `Balkan receivers cannot perform this task because they are not aviation specialists, `Petrov added. The former receivers of Balkan Airlines, Ralitsa Topchieva and Vladimir Petkov will present in Court a report on their activities in Balkan during the week. The general shareholders` meeting of Balkan airlines will elect a permanent receiver of the company on October 30. The Balkan Airlines debt amounts to BGN 90 M. It is possible that this debt is transformed into state equity.

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