2024-07-02 17:27:03
The restructuring plan of “Bulgarian Posts” has been accredited by the European Fee (EC). This was introduced by the press middle of the Ministry of Transport and Communications (MTS). From there they identified that the situation for receiving monetary assist within the quantity of BGN 50 million was the preparation of the doc and its approval by the EC.
“The approval is an evaluation of the work of the joint group of the Ministry of Transport and Communications and “Bulgarian Put up”, which has been working in fixed communication with the European Fee for a 12 months,” commented the Appearing Minister of Transport and Communications, Georgi Gvozdeikov.
In accordance with him, crucial steps now are for the corporate to start restructuring and shutting down inefficient actions to be able to obtain its long-term restoration. The division indicated that with the approval of the plan, the quantity that the state offered as a mortgage to “Bulgarian Put up” might be transformed into fairness.
On this means, they’ll get out of their earlier standing as an enterprise in a tough state of affairs, MTS knowledgeable.
The ministry emphasised that after complying with the established authorized procedures within the subject of state assist, the corporate will have the ability to obtain full compensation from the state finances for the common postal service and for the fee of pensions by submit places of work.
That is the primary restoration plan for a corporation within the communications sector that the EC is contemplating. Will probably be applied for a interval of three years.
Earlier at this time, the EC introduced that it approves the granting of state assist of as much as 25.51 million euros to the corporate “Bulgarian Posts”.
On December 21, 2023, Bulgaria notified the EC of assist for the restructuring of the corporate within the type of conversion of the restoration mortgage into fairness in assist of a plan for structural modifications. The plan accommodates measures to rationalize the exercise of “Bulgarian Put up”, optimize the department community and cut back prices. The corporate will develop or present new companies to broaden entry for residents in distant areas, the fee added.