Posts Tagged ‘Varna’
Russian oligarch buys Bulgarian oil company “Petrol Holding”
Russian oligarch buys Bulgarian oil company “Petrol Holding”. Former President of the Republic of Kalmykia and President of the World Chess Federation (FIDE), Kirsan Ilyumzhinov, became a majority owner of the largest Bulgarian fuel distributor “Petrol Holding”.
The Switzerland-based company “Credit Mediterranee”, owned Read the rest of this entry »
The President of the World Chess Federation and ex-president of Republic of Kalmykia Kirsan Ilyumzhinov has bought a 52.5% stake in Bulgaria’s largest fuel company Petrol Holding
The President of the World Chess Federation and ex-president of Russia’s Republic of Kalmykia, Kirsan Ilyumzhinov has bought a 52.5% stake in Bulgaria’s largest fuel company Petrol Holding.
Swiss-based Credit Mediterranee owned by Kirsan Ilyumzhinov bought the 47.5% stake owned by Denis Ershov and the 5% stake owned by Alexander Melnik, Vedomosti Daily reports. Ilyumzhinov plans to buy 100% of Petrol and is currently engaged in negotiations with another shareholder Mitko Sabev, who holds a 47.5% stake.
The cost of the deal has Read the rest of this entry »