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· Bulgaria
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Jump to full article: Reporter (gr), 2009-05-26
Author: Source: Dnevnik a.m.
Intro: Bulgaria's tobacco monopoly Bulgartabac Holding will be sold only after the country's general elections scheduled for July 5, stated Todor Nikolov CEO of the country's Privatisation Agency, adding that 'the agency has not yet decided on the sell-off method.'
However, earlier in the month, the Economy Ministry noted that the tobacco factory would be put up for a public tender. Sources said that the Ministry was selecting the criteria under which the candidates would be selected.
However, experts warn that any further delay in the privatization deal would have a negative impact on the company.
Bulgartabac Holding would be privatized as a package, including its two remaining plants in Sofia and Blagoevgrad, as well as a smaller one in Yasen.
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