Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Factory in Vidin put on sale for bitcoin

Plant for Metal Constructions
Photo: library

A metalworking plant in the Bulgarian village of Ruzhintsi near Vidin has become the first Bulgarian company officially on sale for bitcoin, Capital Daily reported.

The offer came from owner Yuliana Kostova, who has been investing in crypto-currencies and has a business in the sphere of real estate and tourism. The price for 92.5% of the Metal Constructions Plant equals about 495,000 euros, as Etherium or Monero are also accepted. On Tuesday the factory cost was 34 bitcoins, the newspaper calculated. The announced price of 495 thousand euros, according to Kostova, is well below the external assessment, which reaches 1.15 million euros.

The plant produces electricity pylons but has not worked for two years due to a lack of demand from electricity distribution companies. According to Kostova, all assets are preserved and the plant can resume production immediately.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Low emission zone put in place in Sofia as of 1 December

As of 1 December until the end of February, driving an old car in the centre of Sofia will be subject to a EUR 25-100 fine. The fines for legal entities will be 10 times higher – from EUR 500 to EUR 1,000. The low emission zone was put in place..

published on 11/29/24 10:25 AM
Ivaylo Mirchev

Ivaylo Mirchev from Democratic Bulgaria: We look ridiculous in people’s eyes

The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for coordinating the budget, Ivaylo Mirchev from Democratic Bulgaria said in an interview with public service..

published on 11/29/24 9:17 AM

85% of witnesses of street harassment do not know how to intervene

A campaign against street violence named Stand Up will be held today and tomorrow under the dome of Sofia's Largo, said the Regional History Museum – Sofia. It turns out that over 80% of women worldwide have experienced some form of street..

published on 11/29/24 6:05 AM