Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgarian Govt to Sell Minority Stake in Kempinski Sofia
BULGARIAN GOVT TO SELL MINORITY STAKE IN KEMPINSKI SOFIA
Date: 28/03/2011
Source: novnite.com
Bulgarian Govt to Sell Minority Stake in Kempinski Sofia

Bulgaria's government is going to sell its 7.58% share of the Kempinski Hotel Zografski, one of the five-star hotels in Sofia.

The state has already included its minority stake in the Zografski AD firm, which owns the Kempinski hotel in Sofia, in the State Consolidation Company created in 2010 to handle the privatization of state minority shares in various businesses, according to a report of the 24 Chasa daily.

The total of 125 315 shares have a nominal value of BGN 1, and are owned by the Ministry of Economy, Energy, and Tourism. The state-owned stake of Kempinski Hotel Zografski will most likely be offered on the Sofia Stock Exchange.

The government made the decision to sell its share of the five-star hotel in February 2011, shows the Trade Register.

After the state shares from the hotel were contributed to the State Consolidation Company, its capital has reached BGN 6.1 M. In the fall of 2010, shortly after it was set up, the government contributed to the Company 100% of the state engineering and construction firm Montazhi.


Topic: Economy



Featured District
VARNA DISTRICT AND CITY INFORMATIONVarna
Invest Bulgaria Charts
Gross External Debt of Bulgaria
Gross External Debt of Bulgaria

Public Sector External Debt of Bulgaria
Public Sector External Debt of Bulgaria

See all charts
Did You Know?
American University in Bulgaria
American University in Bulgaria
The average SAT score at the American University in Bulgaria is 1280 points! ... More

Madara Horseman is an expressive bas-relief from 7th century, carved high out of the sheer rock, and depicting a horseman spearing a lion. It symbolizes greatness of the ruler and the power of his state. Europe's only rock relief dating from the early Middle Ages. Located 20 km from the town of Shoumen, NE Bulgaria.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2021 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Лимузини под наем Electric and Hybrid Modules Repair SEO оптимизация Bulgaria Translation Bulgarian Agriculture
Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members