Sofia City Sees 2013 Privatisation Revenues at 6.1 Mln Euro

Sofia City Sees 2013 Privatisation Revenues at 6.1 Mln Euro

The Sofia municipality expects to pocket over 12 million levs ($7.9 million/6.1 million euro) from privatisation in 2013.

Sofia will sell mainly shares in municipal companies and some of their assets, Capital Daily reported, quoting a report by the municipal privatisation agency.

Some 30% of the revenues will be generated by privatisation procedures which have already started and some 25% by the sale of new assets.

In 2012 the city's privatisation revenues exceeded 13 million levs.

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