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04.12.2018 10:53
CEZ will begin talks on selling its Bulgarian assets to India Power
The Czech company will hold talks in parallel with Inerkom
AUTHOR: publics.bg


  • © CEZ

The Czech company CEZ has begun negotiations for the sale of its Bulgarian assets with the second placed comapny - India Power, BNR reported. The headquarters of the Czech company have announced to the Horizon program that the negotiations with Innercom continue.
 
At the same time, in a letter to the media, the company of Ginka Varbakova stated that Inerkom is working for the conclusion of the deal and that they have a valid contract with CEZ. "The Bulgarian company is making an effort to fulfill the postponement terms of the contract. It's about obtaining regulatory approval", said Innercom.
 
The deadline for the payment was 30 November, BNR reminded.
 
Meanwhile it became clear that by court order of 20 November, the Supreme Administrative Court annulled the Commission for Protection of Competition decision to refuse the approval of the acquisition of the Bulgarian assets of CEZ by Inerkom. With the ground that the refusal is unlawful, the judges Nina Doktorova Rumyana Monova and Krasimir Kanchev returned the case to the Commission. The Commission appealed, however, to a five-member panel of the Supreme Administrative Court, Horizon reports.


TAGS: CEZ | Inerkom | India Power | negotiations | sale | Ginka Varbanova 


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