The real interest in the privatisation of the state-owned shipping company Navibulgare was evidence of a good marketing strategy, according to state Privatisation Agency (PA) chairperson Todor Nikolov. He spoke on the topic on August 26, on Bulgarian National Radio programme Nedelia 150 (Sunday 150).
23 companies expressed their interest in the deal and requested the relevant documents. There were 13 foreign and six companies from Bulgaria and two companies were involved in advocacy and consulting.
According to Nikolov, the conditions placed on the candidate companies by the privatisation process were quite serious, and in some cases they were “hard”. This is because Navibulgare defines a sector in the Bulgarian economy and also influences the Bulgarian social sector strongly.
After filing the documents, the next deadline is September 10 2007. This is when the candidates have to present their completed application forms and show how they meet the deal conditions. The PA will announce which candidates have met the requirements at the end of September.