RWE REMBRAUND TO INVEST DEM 1 B
Business | March 29, 2001, Thursday // 00:00
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By the end of April a Bulgarian-German joint venture will be established to operate Maritsa-East mines. German RWE Rembraund is ready to invest DEM 250 in Maritsa-East mines to rehabilitate the equipment. The total amount of investments will reach DEM 1 B by the time the new equipment has been deployed. RWE Rembraund will hold 67% of the JV`s capital. Bulgarian share will be 33%.
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