Expats

Bulgaria bourse may sell majority stake in 2012 [Oct 18, 2011] LONDON (MarketWatch) -- The Bulgarian Stock Exchange may be able to sell a majority stake to a foreign bourse player in the first half of next year, an indication that the consolidation of the global exchange industry is set to continue in the near term. [via YahooNews] More >>

Bulgaria Confirms: New Owner to Resell Bulgarbatac [Sep 27, 2011] Russia's second-biggest bank VTB, which recently acquired a majority stake in Bulgaria's cigarette maker Bulgartabac, is highly likely to resell the holding's assets, the economy minister has said, confirming earlier media reports. "This may happen any minute as the contract bans the resale of the holding in the next ten years, but does not ban a change in the ownership of the new owner BT ... [via YahooNews] More >>

Bulgaria opens tender to sell cigarette maker [Apr 26, 2011] SOFIA, April 26 (Reuters) - Bulgaria opened a tender to sell its majority stake in state cigarette maker Bulgartabak in a bid to offload state assets, the privatisation agency said on Tuesday. [via YahooNews] More >>

Bulgaria Hopes to Find Investor for Stock Exchange by End-2011 [Mar 17, 2011] Bulgaria's stock exchange, which launched the sale of its shares in January, is hopeful that it will attract a key European investor for the sale of its majority stake by the end of the year. "Bulgaria's stock exchange has high chances of attracting a strategic investor, who is one of the big names on the European capital market," Assen Yagodin, president of the bourse's Board of Directors, told ... [via YahooNews] More >>

Bulgaria's Plovdiv Mayor Wants International Fair Back [Feb 04, 2011] The mayor of Bulgaria's second largest city Plovdiv, Slavcho Atanasov, has asked the Sstate to transfer stakes of the International Plovdiv Fair to Plovdiv citizens, if it wins the case of its management. On Tuesday, the Regional Court in Plovdiv annulled the two increases of the fair's capital and returned the majority stake in the fair to the State. However, the company has decided to appeal ... [via YahooNews] More >>

Bulgaria Opposition Slams EVN Stake in Hydro Project [Sep 03, 2010] Bulgaria's left-wing opposition have harshly criticized an agreement under which Austrian utility EVN acquired a majority stake in the hydro project on the Arda river, known as Gorna Arda. [via YahooNews] More >>

Bulgaria, EVN Yet to Share out Stakes in Hydro Project - Min [Jul 30, 2010] Bulgarias economy minister has tried to assuage opposition fears over a deal that granted Austrian utility EVN a majority stake in a hydro project on the Arda river, known as Gorna Arda. [via YahooNews] More >>

Bulgaria Socialists Alarmed over EVN Stake in Hydro Project [Jul 30, 2010] Bulgaria's former prime minister and Socialist leader Sergey Stanishev has slammed an agreement under which the Austrian utility EVN got a majority stake in Bulgaria hydro project on the Arda river, known as Gorna Arda. [via YahooNews] More >>

(AFX UK Focus) 2010-05-20 16:12 EVN says eyes Enel's Bulgaria coal-fired plant [May 20, 2010] SOFIA, May 20 (Reuters) - Austria's utility EVN is interested in acquiring Enel's majority stake in a Bulgarian thermal power plant, EVN Bulgaria regional manager Joerg Sollfelner said on Thursday. In March, the chief executive of Italy's biggest utility, Fulvio Conti, said Enel had started a process to sell its Bulgarian operations. Sollfelner said EVN was interested in Enel's 73-percent stake ... [via YahooNews] More >>

Serbian Company Launches 1st Tempo Hypermarket in Bulgaria (Novinite.com) [Mar 23, 2010] Serbia's largest privately-held company bought a majority stake in Bulgarian retail chain Piccadilly in September 2007 and has so far invested a total of EUR 140 M in Bulgaria. [via YahooNews] More >>

Serbian 'Delta Holding' Set for EUR 80 M Bulgaria Investment (Novinite.com) [Mar 16, 2010] Serbia's largest privately-held company bought a majority stake in Bulgarian retail chain Piccadilly in September 2007 and has so far invested a total of EUR 140 M in Bulgaria. [via YahooNews] More >>

Bulgaria Launches Procedure for N-Plant Investor by End-2010 (Novinite.com) [Jan 26, 2010] Bulgaria's new centre-right government will launch a procedure for new private investors for its majority stake in the planned Belene nuclear power plant by the end of the year, the economy and energy minister announced. [via YahooNews] More >>