The state antitrust commission allowed local company Ficosota Syntez to acquire the full stake in the food producer Ital Food Industries, the regulator informed on its website. Ficosota Syntez produces home care and personal care products. Both companies are located in the northeast city of Shumen. The two companies operate on different markets in the county therefore the regulator does not expect any negative impacts from the concentration. Also, the watchdog does not expect the establishment of dominant positions to impede the competition. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more