Travel bgnewsnet cited Mr Lyudmil Pavlov chairman of the KT Podkrepa workers union in the plant as saying that Ukrainian company Smartgroup is the one that I would place my bets on being the future investor in Kremikovtzi.

The government that holds the plants key number of shares in the company is currently deciding between Smart Group and Brazil's CSN. Both companies have placed reasonable offers.

According to Mr Nina Radeva deputy minister of economics of Bulgarian, talks with Smart Group seem to be going way smoother than the ones with CSN, whose representatives in fact didn't show up at all to the talks.

Meanwhile the syndicates within the plant’s patience are running out and they claim they will re-initiate their protests next Tuesday.

According to Mr Pavlov, they expect that an agreement with either investor will be made by then.

(Sourced from Travel bgnewsnet.com)