Journey.bg - Българският туристически портал
Русская версия Българска версия
Новини от бранша
Search


Subscribe

Bulgarian Bidder Picked for Flag Carrier Buyer

Date: 23.10.2006

Bulgaria's sale body has ranked first the bid of local Balkan Hemus group for the privatisation of air carrier Bulgaria Air, it emerged on Friday.

Italians Air One came in second.

The Privatisation Agency will submit a report to the government, which will have the final say on who the buyer will be.

The Bulgaria-based company offered to buy the flag carrier for BGN 13 M (about EUR 6.6 M), and vowed to further invest some EUR 82.1 M in it, increasing work places from the current 522 to 1,062 by the end of the fifth year after the sale.

Air One, bidding through their Bulgarian branch Air One Bulgaria, have offered a price of EUR 5.3 M, additional investments of EUR 11.6 M and 629 work places in five years' time.

If Balkan Hemus Group wins the bidding Hemus Air and Bulgaria Air may actually merge in one company, CEO Dimitar Pavlov said.

Total views: 1 rating:
traveller's forum
No opinions






We've tried to make the information on this web site as accurate as possible, but it is provided 'as is' and we accept no responsibility for any loss, injury or inconvenience sustained by anyone resulting from this information. You should verify critical information (like visas, health and safety, customs and transportation) with the relevant authorities before you travel.


Journey Bulgaria | News | Bulgarian Bidder Picked for Flag Carrier Buyer
© 2000-2017 Journey.bg. All rights reserved.