Bulgartabac

Bulgartabac factory in Blagoevgrad stops working, but there is still no clear position on whether it is temporary or not. From more than 2,000 employees years ago, currently the factory employs about 200 people. A few days ago they were told that they had to submit notices of termination on the grounds that there was not enough work, reports BNT. 

Controversial lawmaker and alleged media mogul Delyan Peevski has said he has renounced three of his offshore companies.

In a declaration under conflict of interest law submitted last week, he states he has sold Redwood Capital Ltd., Uno de senso Group Ltd., and Richi International Ltd.

Bulgarian tobacco growers have vowed to take to the streets unless what they call a "smear campaign" against Bulgartabac, a major tobacco holding group in the country.

Earlier the private company announced it was halting all sales to the Middle East as of April 01, citing an alleged negative media campaign and the "sensitive situation in that region".

Bulgarian tobacco company Bulgartabac said it would halt sales to the Middle East as of April 1, following media allegations its products made up a large part of the cigarettes illegally smuggled into neighboring Turkey.

Bulgartabac will halt its sales to the Middle East from April 1 due to alleged "negative media campaign" and in view of "the sensitive situation in that region", the tobacco holding group said on Wednesday.  

Delyan Peevski, a controversial Bulgarian lawmaker and businessman, said on Friday he was selling his stake in Bulgartabac, a Bulgarian tobacco joint-stock holding company.

Peevski, whose name came to the spotlight after he was appointed to head the national domestic and counter-intelligence agency DANS in 2013, triggering nationwide protests, had a majority stake in Bulgartabac.

Bulgaria's Financial Supervision Commission is to carry out inspections on spreading rumors, false and misleading news, the press office of the commission announced, Friday.