Economy Ministry Will Negotiate with One Bidder for Golden Sands.

05.04.2000

One of the three bidders for 76% of Golden Sands AD's equity will continue the negotiations after Thursday, per the letter sent by the ministry of economy to the three contenders Demex Corp. AD, Zlatni Privat 21-Dobrich and a consortium, including Zlatni Privat, Agrima and Kondor & Neckermann Touristik-Germany. Thursday will see the second round of negotiations. The three bidders submitted on time the second deposits. Kapsi Tours informed the commission in writing on Monday about its decision to withdraw from the tender. The commission will open the envelopes with the offers of the three bidders in their presence