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.
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.
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.