Corporate
BULGARIA: Bulgaria's Right-Wing Launches Attack on 'Energy Mafia'31.03.2010 Bulgaria | Business | Corporate | PoliticsBulgaria's right-wing Democrats for Strong Bulgaria (DSB) party had initiated a probe of the State-run energy companies, the party leadership informs Tuesday. DSB have appraised last Friday the Interior Minister, Tsvetan Tsvetanov, of evidence for large-scale violations at the Thermal Power Plant (TPP) Maritsa – Iztok 2 and the Maritsa Iztok mines, committed between 2004 and 2007. On Monday, the file has been submitted with the State Agency for National Security (DANS) and Chief Prosecutor, Boris Velchev. Velchev had ordered the Sofia City Prosecutor's Office to take over the probe to avoid conflict of local interests if the Prosecutor's Office in the city of Stara Zagora does the investigation. BULGARIA: Roche Denies Allegations of Bulgaria Unfavorable Tamiflu Contract31.03.2010 Bulgaria | CorporateThe company Roche Bulgaria had fully adhered to the law in the contract for the supply of the anti-viral flue medicine Tamiflu during the public tender announced by Bulgaria's cabinet. The company issued an official declaration Tuesday in connection with prosecutor's charges against the Health Minister, Bozhidar Nanev, which stem precisely from the above said contract. Nanev resigned just hours after being called to the Prosecutor's Office. TURKEY: Turkey’s Coca-Cola İçecek Sees 108 pct Rise in Net Profit31.03.2010 Corporate | TurkeyCoca-Cola İçecek (CCI), a subsidiary of Coca-Cola whose majority shares are owned by Turkish companies, has announced a net profit of TL 170 million, marking a 108 percent increase over the preceding year. CCI, which operates 20 bottling plants in Turkey, Pakistan and 10 other countries in the Middle East and Central Asia, released a statement on Tuesday noting that its net sales profits reached TL 2.41 million with a 6.6 percent year-on-year rise. |



