Bulgaria Calls Tender To Sell Local Co Technoexportstroy

Bulgaria Calls Tender To Sell Local Co Technoexportstroy

Bulgaria announced a tender procedure to sell 100% of state-owned construction company Technoexportstroy, setting the starting price at 68 million levs ($45.9 million/34.8 million euro), the privatisation agency said.

The tender will be held within 70 days after a tender notice is published in the State Gazette, the agency said in a statement on Monday. A total of 103,970 company shares will be put up for sale.

The increment is set at 1.0 million levs and the participation deposit is 10 million levs. Tender documentation can be obtained at a price of 4,000 levs.

Both financial and strategic investors will be admitted to the tender. Financial investors are required to have at least 100 million levs under management, while strategic investors should have had an annual turnover of at least 30 million levs in the past three years.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.