The Chairman of Energy Committee Mr. Ivan Shilyashki appointed Mr. Petko Petkov Executive Director of "Maritza Iztok Mines" JSC. Mr. Petkov is former Executive Director of "Marbas Mines" (Dimitrovgrad). From the Board of Directors were dismissed Mr. Georgi Kurkumov and Mr. Stoyan Apostolov.
Source: Democracy (13.04.1999)

BGL 33.653 billion loss for 1998 reported the 12 plants for coal output in Bulgaria. In 1998 Maritza Iztok had incomes of BGL 10 billion, Bobov Dol mines had biggest loss of BGL 18 billion, Pernik mines had a loss of BGL 11 billion.
Source: Pari (26.05.1999)

4.000 workers from mines Maritza Iztok JSC are on unpaid leaves for one month. Reason for this is a drop in consumption of electricity and the bad financial state of the company.
Source: 24 chasa (28.05.1999)

The profit of Maritza - Iztok mines for the first half of 1999 amounts to BGL 4 billion, stated the Executive Director Mr. Petko Petkov. This result is a reason for the mines' management to insist on the Ministry of Finance to exclude the company from the Isolation List.
Source: Democracy (14.07.1999)

Stara Zagora District Court registered changes for Maritza-iztok mines - JSC: the members of the Board of Directors Mr. George Karkumov and Mr. Stoyan Apostolov were dismissed; Mr. Petko Petkov and Ms. Daniela Demireva-Gujrova are registered as members of the Board of Direstors; the company will be represented and managed by the Executive Director Mr. Petko Petkov.
Source: State Gazette (06.08.1999)