The Last Auction for the Sell-Off of the Crystal Glass Factory Organized

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The last secret-bid auction for the sell-off of the main production units owned by the Crystal glass factory will take place on 19 June in Pernik, the State Receivables Agency announced, quoted by the Bulgarian News Agency (BTA).

The initial prices of the buildings represent 50% of the prices in the first auction.

The “Flat glass” production unit, the biggest one in the plant, will be offered for sale. Its initial price has been set at 607,022.50 leva. The other main unit – “Colour glass” is also offered for 125,043 leva. The third unit – “Material”- is for sale at 109,413.50 leva.

Crystal used to be the biggest glass factory in Bulgaria in the socialist era. It was liquidated after its gas deliveries were stopped due to its debts to Bulgargas. All production units have well preserved infrastructure.

The revenues from the auction will be used to cover the plant’s debts to the National Receivables Agency.

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