The manager-and-employee company (MEC), established for participation in the privatization of the State Insurance Institute (DZI), signed a contract for establishment of a consortium with Israeli-German company TBI, officials from the association MEC said. Recently TBI bought 31% of Bulstrad's capital. The Privatization Agency extended the bidding deadline for DZI until December 11, as well as the deadline for buying information memorandums - until November 17. Between 51% and 67% of the insurer's capital is being offered for sale