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Bulgaria's largest tobacco company, Bulgartabac Holding, has been sold again, reports Capital Daily.
According to the publication, the Austrian commercial registry shows that on June 26, the majority share package is evenly split between two offshore companies. Livero Establishment transferred half of BT Invest to Woodford Establishment.
Thus the two companies has a little below 40% of the holding shares each.
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Bulgarian Prime Minister Boyko Borisov has pledged to trigger an inspection into all privatization deals signed since the democratic transition began in 1989.
Trarade unions with Bulgaria's major tobacco holding Bulgartabac have called for Monday a demonstration against the decision to close down a Sofia-based tobacco plant.
Controversial lawmaker and alleged media mogul Delyan Peevski has said he has renounced three of his offshore companies.
Bulgarian Prime Minister Boyko Borisov on Monday openly suggested Delyan Peevski, a lawmaker from the Movement for Rights and Freedoms (DPS) party, was "leaving the country".
Bulgarian Economy Minister Bodzhidar Lukarski on Tuesday predicted that "big names" in the country's public life will be unveiled in the Panama Papers case.
The trade unions of employees in Bulgaria's tobacco industry have demanded the resignation of Economy Minister Bozhidar Lukarski over what they describe as his "passive" behaviour to the developments at major tobacco holding Bulgartabac.
The realm of online casinos is always changing, and one big new idea is the use of blockchain tech and Non-Fungible Tokens (NFTs).
Approximately 10% of individuals who previously qualified for home loans will no longer be eligible under new regulations set by the Bulgarian National Bank (BNB)
Bulgaria has committed to phasing out coal by 2038, a reminder included in the European Commission's annual report on energy across the EU
Chinese online trading platforms are inflicting significant financial damage on European and Bulgarian manufacturers
One in four Bulgarians is unable to afford heating during the winter months
In June, Bulgaria's services sector saw a monthly production increase of 0.6 percent, while Eurostat data showed a decline in the EU for the same period
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023
