Bulgaria has set at BGN 10 mln the minimum sell-off price for its national flag-carrier Bulgaria Air. The Privatisation Agency Thursday flagged off the final stage of the privatisation procedure for a 99.99% stake in the company. The price component of the bids will carry a 30% weight in the final grade; investment pledges will contribute 35% of the grade, followed by payroll policy with 15% and new destinations with 20%. The final bids are due by October 5. Indicative offers for the carrier were filed by Balkan Hemus Group and Air One Bulgaria EOOD, the local subsidiary of Italy's Air One.
Source: SEE Utilities