Govt Grants Zlatna Panega Cement Building Materials Exploration Permit

Govt Grants Zlatna Panega Cement Building Materials Exploration Permit

Zlatna Panega Cement, a unit of Greek building material manufacturer Titan Group, and two other companies received permits to explore for building materials in Bulgaria, the country's government said.

The government granted one-year permits to Zlatna Panega Cement and to Yaguar-02, and a six-month permit to Inertni Materiali-Yambol. The permits covers areas in the towns of Yablanitsa, Ihtiman and Nova Zagora, respectively. Each company should invest over 205,000 levs ($144,000/105,000 euro) in the quarries and some 17,000 levs in environment protection activities.

The Bulgarian government also decided to extend by 15 years the copper mining concession of local copper mining company Asarel Medet for the Asarel concession located in Panagurishte, in southern Bulgaria. The terms of the contract, which was initially signed in 1998, remain unchanged. The company will invest an estimated 85 million levs over the next 15 years in the Asarel concession located in Panaguyrishte. It will pay an annual concession fee of 3.6 million levs.

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.