German media group WAZ has sold its media business in Bulgaria to Vienna-based BG Privateinvest GmbH, Trud daily reported. The value of the deal was not disclosed. The sale includes leading dailies Trud and 24 Chasa, weekly 168 Chasa, several magazines, printing house Sofia and press distributor Strela. BG Privateinvest has media investments in Bulgaria and was set up by Carl Habsburg, Daniel Rutz and Hristo Grozev. |
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