Банкеръ Weekly

Briefs

UBB HAS LIVED TO SEE DYNAMO PLANT BANKRUPT

The Supreme Cassation Court confirmed last week a decision taken by the Bourgas administrative magistrates. By request of United Bulgarian Bank (UBB), in April 2002 the magistrates declared the Sliven-based Dynamo electric motor producer insolvent. The bank claims that the company, owned by AKB...
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