Zhotev Orders Audit of Alen Mak Deal.

27.06.2000

Yesterday deputy premier and minister of economy Petar Zhotev demanded the privatization Agency executive director Zakhari Zhelyazkov to carry out a thorough audit of the Alen Mak deal. In case breaches are found, the deal on the Plovdiv-based cosmetic maker will be denounced and a new privatization procedure will be opened, Zhotev stated. The Varna-based Kanotrans acquired 47% in Alen Mak with the approval of the PA supervisory board on May 3, 2000