Litasco, the trade branch of the Russian Lukoil, registered in Switzerland, has not received offers for the sale of Neftohim Burgas refinery and is not conducting negotiations on the sale of the refinery, Litasco, the company which manages various Lukoil assets in Europe told Bloomberg. This statement comes after Finance Minister Assen Vassilev told The Financial Times that “the government’s squeeze on Russian companies has prompted Lukoil to start the process of selling Neftohim-Burgas” and that there were “indications of interest”.
Litasco, which is majority owner of the Bulgarian oil refinery, states that they are a Swiss company and have not appointed any public or private organization to look for potential buyers.
"Potential buyers have shown interest, but no negotiations have been held for the sale of the Lukoil Neftochim Burgas refinery," Prime Minister Nikolai Denkov said when asked whether there was a discrepancy in the information about the possible sale of Lukoil after Litasco announced that it had not received an offer and was not negotiating for the refinery. "I myself have seen that various companies have shown interest in negotiations. Litasco's headquarters said that no negotiations have taken place. These are two different stages," the prime minister said.
"Stolichen Avtotransport's accounts have been frozen since yesterday, according to mayor Vasil Terziev. He warned that if the company ceased operations, Sofia would be left without public transport. "Deputy Mayor for Finance Ivan Vasilev, like the..
The National Assembly has rejected in first reading the five proposed amendments to the Child Protection Act . The most controversial proposals relate to gender reassignment for children under the age of 18. The bill by "There Is Such a People" (ITN)..
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the Bulgarian Land Forces was held under the leadership of Defense Minister Atanas Zapryanov. The..
The Central Election Commission held a draw to determine the order in which the parties and coalitions will appear on the ballot for the early..
"It's about time." Thus succinctly President Rumen Radev commented from New York on the possibility that on October 10 of this year a proposal be..
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the..
Clear
Partly Cloudy