Categories · Business (Tobacco)
· Cross-Border/Crime
non-USA, by Country · Russia
· Bulgaria
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Jump to full article: Sofia Echo (bg), 2009-04-12 Author: Gabriel Hershman
Intro: The Southeast European Times is reporting that Russia intends to take back a number of companies abroad that were once the property of the former Soviet Union, including Bulgarian cigarette maker Bulgartabac, Vladimir Kozhin, head of Russia's Presidential Property Management Department, said on Thursday April 9.
Bulgartabac is a Bulgarian tobacco holding company and one of the leading tobacco products producers in Central and Eastern Europe, as well as a major European cigarette producer. Established in 1947 and based in Sofia, it includes 22 joint-stock subsidiary companies in the tobacco-growing regions of the country. . . .
"We are investigating ... and if we find out that the company was once ours, but in a not very legal way has come into foreign hands, we will launch a procedure for its return," Kozhin said, quoted by the Southeast European Times.
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