Costly Equipment Stolen from Insolvent Brewery in Northern Bulgaria

Crime | February 22, 2012, Wednesday // 15:10
Bulgaria: Costly Equipment Stolen from Insolvent Brewery in Northern Bulgaria The insolvent Ledenika & MM brewery has been robbed of cosly stainless steel equipment. Photo by BGNES

Equipment worth approximately BGN 60 000 has been stolen from the currently non-operational Ledenika & MM brewery in the northwestern Bulgarian town of Mezdra.

The facility is owned by BG Drinks, the company of the controversial businessman Mihail Mihov, who died from a heart attack in a hotel room in Pravets on March 30, 2011.

The police inspection of the site, which was conducted after a tip-off to the 112 emergency hotline, yielded that the raid had been carried out in the period February 11-21, the District Police Directorate in Vratsa reported.

Unknown offenders had broken into the brewery' production hall through an opening in the brick wall and had stolen parts of stainless steel beer tanks, the local police said in a statement, adding that preliminary estimates of the damages amounted to BGN 50 000 – 60 000.

The brewery has been declared insolvent and has been non-operational for over two weeks.

The facility is to be auctioned off to pay a BGN 2 M loan to a bank.

Some ten days ago, it was reported that a total of 69 properties owned by Mihov's heirs would sold to pay off bank debts.

The properties are estimated at around BGN 10 M.

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Tags: Ledenika, Mihail Mihov, brewery, Vratsa, Mezdra, beer, insolvent

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