The Bulgarian Stock Exchange to accomodate privatization of Government Stakes

Friday, 5 August 2011

Following the resolution passed by the Bulgarian Government to privatise the state-owned stakes in the electricity distribution companies E.ON, EVN and CEZ through the Bulgarian Stock Exchange, the Privatisation Agency has initiated the respective formal procedures. The consultants have already been nominated and contracts by and between these and the Privatisation Agency have been signed. The sale of the 33% state–owned stakes in the three companies and their listing on BSE are expected to be finalised by the end of the current year.