The Privatization Agency has decided to sell 59.9% of Sugar Works AD of Gorna Oryahovitsa through negotiations with potential buyers. The price for the package of 416,664 shares shall not be less than BGN 4.250 million. Half of the money shall be paid in cash; the remainder could be paid in government bonds on the domestic debt or in another way. Other requirements include the buyer to present a business programme for the development of the company for 3 years, including a proposal for investments, jobs and plan for preservation of the environment. The buyer shall keep the works' field of activity for at least 3 years and shall settle the company's debts. This is the third attempt to sell Bulgaria's biggest sugar producer. The first two sales failed due to lack of buyers