Corporate

Five companies have purchased the set of documents for participation in the 100% denationalisation of the district heating company in Sliven, the Bulgarian Privatisation Agency said Thursday.

Mina Cherno More-Burgas, CEZ of the Czech Republic, Overgas Inc., Finance Engineering and Matrix Trade can field queries about the sell-off procedure before October 9.

After that deadline, the sell-off agency will certify the candidates that fulfil the prequalification criteria, enabling them to buy the information memorandum of the company.

U.S. General Electric said on Wednesday it has filed an arbitration suit against the government of Albania for breaching a EUR 74.71 mln (USD 95.2 mln) contract but is ready to withdraw its claim if an agreeable solution is found.Last December, the newly-formed Sali Berisha-led government rescinded the contract with General Electric for the modernization of the Tirana-Durres railway segment, known also as the electric train, claiming the project implementation price was exorbitant and that Albania's budget could not afford it.

The Hellenic Technodomiki–J&P Avax–Terna JV signed yesterday the railway project Kallidromo – Platanos, according to information from the companies.
Source: www.reporter.gr