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Bulgaria
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Bulgaria earns 133 mln euro from privatization in 2012

Nov 28, 2012, 4:46:56 PMArticle by Velizar Uzunov
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SOFIA (Bulgaria), November 28 (SeeNews) – Bulgaria has raised some 260 million levs ($171.4 million/132.9 million euro) in privatization proceeds since the beginning of the year, the government's asset-selling agency said on Wednesday.

Bulgaria earns 133 mln euro from privatization in 2012

The privatization agency’s supervisory board approved the sale of 34% of the capital of Terem-Georgi Benkovski for 8.9 million levs on Monday, a privatization agency press officer told SeeNews.

Terem-Georgi Benkovski is part of the Terem group which has eight units specialised in the repair, upgrade and maintenance of military aircraft, naval vessels and armoured vehicles.

(1 euro = 1.95583 Bulgarian levs)

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