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. 

Sofia. In Bulgaria there is real industrial capacity, full mobility and full autonomy of illegal cigarette production, Prosecutor General Sotir Tsatsarov said at a meeting of the Parliament's Monitoring Committee on the Revenue Agencies and Combating Parallel Economy and Smuggling, Focus News Agency reported.

Around hundred people dressed in white T-shirts with the inscription "Bulgartabac" positioned themselves in front of the offices of the online editions of "Dnevnik" and "Capital" this morning and blocked Ivan Vazov Street as part of a protest in downtown Sofia this morning, say from Dnevnik. 

The competition watchdog of Bulgaria has given the green light for a Dubai-registered offshore company to acquire consumer electronics retailer Technomarket.

TGI Middle East FZE is also the entity which several months ago bought a stake in Bulgarian tobacco holding Bulgartabac, purchasing shares from controversial MP Delyan Peevski and Italian businessman Edoardo Miroglio.

Bulgarian Prime Minister Boyko Borisov has pledged to trigger an inspection into all privatization deals signed since the democratic transition began in 1989.

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 Prime Minister Boyko Borisov on Monday openly suggested Delyan Peevski, a lawmaker from the Movement for Rights and Freedoms (DPS) party, was "leaving the country".

Bulgarian Economy Minister Bodzhidar Lukarski on Tuesday predicted that "big names" in the country's public life will be unveiled in the Panama Papers case.

Controversial lawmaker and alleged media mogul Delyan Peevski has said he is pulling out of the acquisition of Kanal 3, a cable broadcaster that had been linked to him for more than half a year.

Controversial MP and media mogul Delyan Peevski said in a statement released to the media on Monday that he will give up doing any future business in Bulgaria.

In the statement, Peevski also notes that he will withdraw from acquiring the assets of the bankrupt fertliser plant Chimco in the town of Vratsa.