Financial and business news from Bulgaria

Workers of the Ovochisht mine wait for what is due from the Debt Guarantee Fund

Former and current employees of Euromangan EAD (Obrochishte manganese mine), having accrued and outstanding wages, should apply to the Debt Guarantee Fund - reported by the Labor Inspectorate in Dobrich.
From there they recall that at the beginning of last year after an application for opening bankruptcy proceedings, the Labour Inspectorate realized its power to initiate bankruptcy proceedings of Euromangan EAD.

By decision of 11 March, the District Court — Dobrich declared the company insolvent as of 26.07.2016.

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