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Bulgarian businessman Georgi Gergov has been conclusively declared majority owner of the International Plovdiv Fair. Photo by dariknews.bg
Bulgaria's Supreme Court of Cassation (VKS) has conclusively declared businessman Georgi Gergov as the majority owner of International Plovdiv Fair (IFP).
On Thursday, the third-instance court did not admit an appeal of the decision of the Plovdov Appellate Court, thereby restoring the ownership of the Fair to Gergov.
The Plovdiv Appellate Court confirmed the legality of the two increases of capital from 2006 and 2007, which had made Gergov's company "Puldin Tourinvest" owner of over 50% of the capital of the IFP.
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