BUSINESS IN BRIEF

Business | July 3, 2001, Tuesday // 00:00

THE SUPERVISORY board of the Privatisation Agency decided to take all measures to complete the deal on the sale of 79% of Commodity Market Iliyantsi EOOD of Sofia to the first ranked candidate buyer, Commercial Centre Trakiya AD of Plovdiv. The Plovdiv-based company offers to pay BGN 42 million, 30% of which on signing the deal.
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BULGARIA will begin to export rabbit meat to Western Europe soon, said Ivo Andreev of the Association of Rabbit reeders. As a result of mad-cow and other infectious diseases interest in rabbit meat increased, he said. The association expects a BGN 135,000 credit from the Zemedelie Fund to buy new breeds and equipment. Two German banks have shown interest in financing the building of farms.
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SOME 1,000 Bulgarians from the Gotse Delchev region, which has the highest level of unemployment and the lowest living standard, have left for Greece to pick up tobacco, PARI daily announced. Most of them are Bulgarian ethnic Turks whose main occupation is tobacco production. The high production costs however have made their business in Bulgaria unprofitable.
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A SCHEME for installation of gas utilities in Bankya, the first metropolitan district to have gas mains, will be discussed by the Sofia municipal council on July 27. Overgas Inc. AD has been licensed to build the installations.
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