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

MP Rosen Zhelyazkov, GERB

GERB-SDS submit request for interpretation of provisions of the Constitution

MPs from GERB-SDS have submitted a request to the Constitutional Court for interpretation of provisions of the country's basic law, BTA reported. The MPs want clarity whether when the mandate of the members of the Supreme Judicial..

published on 11/28/24 11:34 AM

Price of natural gas in Bulgaria rises by 11%

The increase in the price of natural gas in December is nearly 11 percent, which means up to nearly 39 euros per megawatt-hour, excluding taxes. This was what representatives of Bulgargaz said during the public discussion of..

published on 11/28/24 11:20 AM

Supreme Administrative Court has once again failed to elect chair

There are no candidates for the position of chair of the Supreme Administrative Court (SAC) , BTA has reported. The plenum of the Supreme Judicial Council held a meeting in an attempt to elect head of the institution. The procedure..

published on 11/28/24 10:21 AM