Privatization Fund
Manager Talks: Nikolay Bachvarov on Leadership, Team Motivation and Market Resilience at Baumit Bulgaria
Nikolay Bachvarov was born on May 14, 1962 in Sevlievo. He has served as the Manager of Baumit Bulgaria EOOD since 2000. Prior to this role, he held several key positions, including Consultant at Ernst & Young AFA, Chairman of the Board and Executive Director of "Bulgaria" Privatization Fund, and Vice President of Finance at "Bulgaria Holding."
HRADF – Transfer of Public Gas Corporation (DEPA) Infrastructure to Italgas soon to be inked
In record time, the tender for the sale of DEPA Infrastructure by the Hellenic Republic Asset Development Fund (HRADF) to Italgas is completed.
Greece-lenders put final touches on Memorandum of Understanding
The countdown is on for an 86-billion-euro bailout deal between Greece and its creditors from the European Commission, European Central Bank, International Monetary Fund and European Stability Mechanism. Members of the Greek negotiation team left the EFC teleconference meeting on Friday evening, shortly before midnight, with smiles that are indicative that the talks are going as planned.
$35 bln worth of privatization income transferred to Treasury
More than $35 billion worth of privatization income was transferred to the Treasury between 2002 and October 2014, Finance Minister Mehmet Şimşek said in response to a parliamentary question asked by CHP Deputy Sezgin Tanrıkulu to learn how privatization income was distributed and among which public institutions.