Bulgaria's Banks Invest 400 Million Leva in Eurozone Transition
Banks in Bulgaria have allocated a total of 400 million leva to prepare their systems for the transition to the euro
BULGARTABAC ON TENDER UNTIL THE END OF JUNE
Business | June 11, 2001, Monday // 00:00
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Privatization`s Agency CEO Levon Hampartsumian will organize a meeting with representatives of world-known tobacco producers to draft the privatisation strategy. British American Tobacco, Philip Morris, Sokotab are among interested in Bulgartabac privatisation. The results of the tobacco privatisation in Czech Republic, Poland and Hungary shows that the best alternative is Bulgartabac Holding to be sell out to strategic investor or investors, experts stated. General meetings of the 22 companies of the Bulgartabac Holding were postponed today by a decision of the owner Ministry of Economy, Pari Daily elaborated. As of June 30 Bulgartabac Holding is expected to be announced for tender. The new owner of the company is expected to make changes in the Board of the companiy.
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