The CEO of the state-owned dairy company LB Bulgaricum Nikolay Marinov was dismissed abruptly from the post. The State Consolidation Company, which owns LB Bulgaricum, is accusing Marinov of using imported raw material of reduced quality in the making of the dairy products, and of “waging war” on chain stores by making comments on their high mark-up and concluding contracts without the knowledge of the state-owned company principal. Nikolay Marinov has denied all accusations by the State Consolidation Company. In an interview with the BNR he stated that his removal from office was over infringed personal interests. The newly appointed CEO of the only state-run enterprise in the dairy sector Vladimir Rusev declared he would initiate an immediate financial audit.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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