MP DELYAN PEEVSKI WITHDRAWS FROM DOING ANY FUTURE BUSINESS IN BULGARIA

In a statement to the media on 21st of March, Bulgarian MP from the liberal ‘Movement for Rights and Freedoms’ Delyan Peevski said that he would withdraw from the tender for the purchase of assets of the fertilizer plant ‘Chimko – Vratsa’ and as a whole...

11:50, 22.03.2016

In a statement to the media on 21st of March, Bulgarian MP from the liberal ‘Movement for Rights and Freedoms’ Delyan Peevski said that he would withdraw from the tender for the purchase of assets of the fertilizer plant ‘Chimko – Vratsa’ and as a whole in future he would withdraw from any business projects in Bulgaria. As reasons Peevski pointed the undue political pressure and the ongoing media campaign against him, which had a negative effect on the companies in which he participated. Recently, for the same reasons, he withdrew from Bulgarian tobacco company “Bulgartabak”.

Delyan Peevski has been an MP in three National Assemblies. In 2015, he officially acquired shares in Balkan Media Group, which includes the newspapers “Telegraph”, “Minitor”, “Politika”, "Meridian Match” and others. He has shares in Technomarket and in a factory for cigarette packaging. He declared he had stakes in 4 foreign companies. He was a minority shareholder in Bulgartabak, from where he withdrew at the beginning of 2016. In his words, he withdrew because the ongoing campaign against him reflected negatively on the company.

Weeks ago, Bulgaria’s Prime Minister Boyko Borissov suspended public procurement procedures as one of the explanations was that there was a public opinion that firms allegedly linked to Peevski were involved.

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