Stock Exchange

 

Minority packages of shares in enterprises are  privatized through the Bulgarian Stock Exchange - Sofia against cash and non-cash instruments of payment.

The council of Ministers has approved a list of 1070 enterprises whose privatization allows the use of non-cash instruments of payment. The projects' documentation is to be drafted by a working group at the Privatization Agency that has  to make the Decision on selecting the sale method. The enterprises shall be grouped into pools, and a competition will be held for the appointment of a privatization intermediary from among the members of the Bulgarian Stock Exchange - Sofia. The contract with the selected intermediary shall be signed within seven days after the winner of the competition was notified about the decision of the commission.