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· Business (Tobacco)
non-USA, by Country
· Bulgaria
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Jump to full article: Bulgarian News Network (BNN) (bg), 2009-05-26
Intro: The sale of state-owned tobacco monopoly Bulgartabac is a vital part of the revenues for the state budget, Bulgaria’s Minister of Economy Petar Dimitrov, said Tuesday.
According to him, even if the sale of the company in the time of crisis may not be the healthiest option for its future, the expected revenue is an important part of the state budget.
When asked if the company will be sold for ‘mere pennies’ the minister replied that ‘it is absurd for us to ask ourselves for 20 years why Bulgartabac hasn’t been sold, and now all of a sudden to declare it one of the most successful companies of Europe’.
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