Bulgarian plant sale poses test for EU

Author (Person)
Series Title
Series Details 27.9.08
Publication Date 27/09/2008
Content Type

Article reports that a battle over the future of a sprawling communist-era steel plant, one of Bulgaria’s biggest companies, has become a test of the country’s adherence to European Union standards. Foreign creditors pursuing a €350m claim against Kremikovtzi, the steelmaker, voiced concern over moves in a Sofia court on the 26 September 2008 to appoint administrators to sell or liquidate the plant.

Related Links
Website: Kremikovtzi http://www.kremikovtzi.com/
Wikipedia: Kremikovtzi AD http://en.wikipedia.org/wiki/Kremikovtzi_AD

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