Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Factory in Vidin put on sale for bitcoin

Plant for Metal Constructions
Photo: library

A metalworking plant in the Bulgarian village of Ruzhintsi near Vidin has become the first Bulgarian company officially on sale for bitcoin, Capital Daily reported.

The offer came from owner Yuliana Kostova, who has been investing in crypto-currencies and has a business in the sphere of real estate and tourism. The price for 92.5% of the Metal Constructions Plant equals about 495,000 euros, as Etherium or Monero are also accepted. On Tuesday the factory cost was 34 bitcoins, the newspaper calculated. The announced price of 495 thousand euros, according to Kostova, is well below the external assessment, which reaches 1.15 million euros.

The plant produces electricity pylons but has not worked for two years due to a lack of demand from electricity distribution companies. According to Kostova, all assets are preserved and the plant can resume production immediately.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Снимка: naukamon.eu

European financing provided for reintroducing vultures, cleaner wastewater and energy training

Three Bulgarian projects in support of the green transition out of a total of 133 in the EU will be financed by the European Commission, BNR correspondent in Brussels, Angelina Piskova, reported. The projects are in the spheres of "Nature and..

published on 10/21/24 6:15 PM
Vlad Tenev

Stock exchange platform Robinhood co-founded by Bulgarian Vlad Tenev launched on UK market

The US platform for stock trading Robinhood, founded by the Bulgarian entrepreneur Vladimir Tenev and his partner Baiju Bhatt of Indian descent has launched margin trading in the United Kingdom , the company reported, cited by CNBC and BTA. The launch..

published on 10/21/24 4:34 PM
Citizens and members of Angels on the Road Association in front of the Sofia City Court Palace, 21 October 2024

Parents who lost their children in car accidents demand stricter punishments for traffic violators

At a meeting with Interior Minister Atanas Ilkov, the representatives of the "Angels on the Road" association, uniting parents of children who lost their lives in road accidents caused by drunk and drugged drivers, have demanded heavier and faster..

published on 10/21/24 4:25 PM