Categories · Business (Tobacco)
non-USA, by Country · Bulgaria
|
Jump to full article: Reuters, 2008-02-29
Intro: Bulgaria hopes to wrap up the long-delayed disposal of cigarette maker Bulgartabak Holding BTHG.BB by the end of the year, Economy Minister Petar Dimitrov said on Friday.
Bulgartabak has offered to close two of its four cigarette mills to boost its competitiveness and so the state can generate a better price when it sells its stake of around 80 percent, preferably on the stock market, Dimitrov told the parliament.
"The companies should be traded on the bourse as quickly as possible," Dimitrov said, "but I want the consent of workers in those factories."
Jump to full article » |