/ world today news/ Is the investor interest real or is time being gained to calm the situation?
Comment of the chairman of the CNSB at the Belyu Staikov combine to the BNR, “Before everyone”
An investor has again appeared in the public space, who is again anonymous. They promise that his name will be known within ten days. This is another expectation that we are about to experience. However, I will say something that puzzles us. A representative of our union was not invited to the negotiations with the banks and now I am looking for a connection with colleagues to find out exactly how things stand, then I will comment on them. Colleagues from KNSB have not lost from this, because we generally give general information about people from all unions. We do not divide our people into unions. And do I believe that there is such a new investor who wants to buy an enterprise for 300 million? leva debts, I hope. The bad thing is that the negotiations will last terribly long, and people can no longer go without wages for more than five months. It is also important how the three creditor banks will understand each other, because there is a conflict between them. Everyone claims different things and we don’t know the truth. We suspect there is a battle between the banks. First they have to understand each other because people don’t anymore
endure. Competition is a good thing, but the deadlines have gotten much longer. Things need to happen faster. The strange thing for us is that the new investor remains anonymous. Why are they hiding it? The previous ones also hid them – “Uralmash” and Himinport. We learned who they were when they gave up. We’re afraid it’s all about buying time again. The hope unsettled colleagues, and some refused to submit their resignations until the end of those 10 days. We continue to release claims for wages due. Everything will probably become clear on Friday, because that’s when the month closes. We have four more days to think. This is still a matter for everyone individually, it is a matter of personal choice, but people do not believe in changing the situation.
I imagine a lot of people will leave on the 2nd of July because it’s the best
option for them, although even then there will be no clarity… I am not a big optimist, or rather, pessimism prevails over optimism.
#happen #BCC #Kardzhali
**What specific measures can be taken to address the conflicting interests among the creditor banks, and how can these measures contribute to ensuring a fair and transparent restructuring process for Belyu Staikov Combine?**
## World Today News Interview:
**Topic: Belyu Staikov Combine - Hope for revival or a delay tactic?**
**Guests:**
* **Dobri Dobrev**, Chairman of the Confederation of Independent Trade Unions in Bulgaria (CITUB)
* **Nikolai Petrov**, Economic Analyst specializing in industrial restructuring
**Introduction:**
Welcome to World Today News. Today we are discussing the latest developments regarding the Belyu Staikov Combine, a staple of Kardzhali’s industry, which has faced closure and potential investor interest. We have with us Mr. Dobri Dobrev, Chairman of CITUB, whose union represents workers at the plant, and Mr. Nikolai Petrov, Economic Analyst, to shed light on this complex situation.
**Part 1: Investor Interest – Real Deal or Smoke and Mirrors?**
* **(To Mr. Dobrev):** Emerging reports mention a new anonymous investor promising to reveal their identity within ten days. This follows previous instances of anonymous bidders withdrawing. How do you evaluate this latest development, considering the history of unfulfilled promises?
* **(To Mr. Petrov):** An investor acquiring a company with substantial debt like Belyu Staikov raises questions about their motives and financial feasibility. What factors should be scrutinized to gauge the legitimacy of this potential investment?
* **(To Both):** Transparency is crucial in these situations. Why is the anonymity of the investor raising concerns among workers and experts? Would public knowledge of its identity foster more trust and confidence in the process?
**Part 2: The Role of the Banks and Impact on Workers**
* **(To Mr. Dobrev):** You mentioned a lack of transparency regarding negotiations between the banks and the potential investors. How is this lack of communication affecting the morale of the workers, many of whom haven’t been paid for months?
* **(To Mr. Petrov):** The article suggests conflicting interests among the creditor banks. How common is such conflict in insolvency proceedings, and what implications could it have on the restructuring process and the future of the Combine?
* **(To both):** What are the potential consequences of prolonged uncertainty for the workers, the local economy of Kardzhali, and Bulgaria’s industrial sector as a whole?
**Part 3: Looking Forward – Options and Uncertainties**
* **(To Mr. Petrov):** What are the possible scenarios for the future of Belyu Staikov Combine, considering both the presence of a potential investor and the challenge posed by its debt?
* **(To Mr. Dobrev):** You mentioned some workers are delaying their resignations, hoping for a positive outcome. How are you supporting the workers during this period of uncertainty and what steps are being taken to ensure their rights are protected?
* **(To both):** Looking beyond the immediate crisis, what lessons can be learned from the situation faced by Belyu Staikov Combine, and how can Bulgaria’s industrial policy be adapted to prevent similar situations in the future?
**Closing:**
Thank you, Mr. Dobrev and Mr. Petrov, for your insights. The future of Belyu Staikov Combine hangs in the balance, with the fate of its workers and the economy of Kardzhali intertwined. It’s essential to ensure transparency and a commitment to responsible solutions for a sustainable future for all stakeholders involved.
