Commission for Protection of Competition cleared sale of Atomenergoremont Commission for Protection of Competition approved of the deal for sale of Atomehergormont to Bultrade Corporation. Bultrade and companies controlled by it do not operate at the same market with the acquired company. That is why there is no horizontal or vertical effect of the deal. Atomenergoremont’s basic field of activity is servicing of nuclear piles in NPP Kozloduy. Among the company’s customers are heating utilities in Dimitrovgrad, Bobov Dol, Vratsa, Pleven, Sliven, Veliko Tarnovo, Gabrovo, and Brickell. The company’s capital is entirely owned by registered on the Seychelles Heston Corporation Limited. The deal is concluded for sale of all shares of the company-35 513 shares. The aim of the acquisition is modernization of existing facilities of the company. The purchaser will make investments in new equipment for Atomenergoremont. Bultrade controls Bobov-dol based company Fundamental. Its activity is related to extraction of minerals and production of lignite coals.
Source: investor.bg (05.03.2014)

Commission for Protection of Competition approved the deal for TPP Bobov dol, 3 heating utilities and 2 mines associated with businessman Hristo Kovachki. New owners will enter the heating companies in Gabrovo, Sliven and Veliko Tarnovo, Mina Stanyantsi, Opencast Mining Pernik and Mini Beli Breg in the village of Gaber. Buyers are unknown individuals from the UK and Cyprus. Last week's competition watchdog approved the deal for the old TPP Maritza East 1, five more district heating utilities and 2 mines. Buyers were again individuals from Cyprus and the UK.
Source: Presa (15.07.2014)