AVAS still monitors 3,240 contracts during post-privatization

The Authority for State Assets Recovery (AVAS) still has in its portfolio 3,240 privatization contracts, signed for 2,854 companies under private control, which are being monitored during the post-privatization period. AVAS ceased their post-privatization monitoring at 164 contracts for selling-buying shares. According to AVAS, the institution terminated five contracts following breaches of the contractual obligations undertaken by buyers. The post-privatization monitoring process ...

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