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Kuartz: majority stake purchased by employees and management

20 May 1999: An employee/management company purchased a 68% stake in Bulgaria“s Sliven-based glass and crystal producing plant Kvartz.
The Privatisation Agency announced that the new owner, called …

20 May 1999: An employee/management company purchased a 68% stake in Bulgaria“s Sliven-based glass and crystal producing plant Kvartz. The Privatisation Agency announced that the new owner, called Kvartz 97, has already paid 10% of the sum. The remaining 90% of the price will be paid in the next nine years.

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