September 13 (SeeNews) - Ahmed Dogan, leader of Bulgaria's Movement for Rights and Freedoms (DPS) party, has acquired a 70% stake in logistics company Sigda, which earlier this year bought thermal power plant (TPP) Varna, according to data from the commercial register.
Sigda was previously owned by Stanislav Papazov and Ivelina Papazova, son and daughter of former transport minister Danail Papazov, commercial register data shows.
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Dogan has acquired a 36% stake from Stanislav Papazov and 34% shareholding from Ivelina Papazova.
Stanislav Papazov keeps a 16% stake in Sigda, while Ivelina Papazova holds the remaining 14%.
Sigda has a registered capital of 5,000 levs ($2,970/2,560 euro).
The company acquired TPP Varna earlier this year from Czech energy group CEZ for an undisclosed price.
In September last year, three of Varna TPP's six units were decommissioned, decreasing the plant's capacity to 630 MW from 1,260 MW.
In May, Varna TPP won a tender for the supply of 166 MW of power capacity for cold reserve during the period May 1 - July 31, after submitting the only offer in state-owned Electricity System Operator's tender.
In March, Varna TPP said it planned to resume electricity production by July 31, after it halted operations in 2015 due to non-compliance with environmental limits set in its permit. The company's 2018 investment strategy envisages switching electricity generation to natural gas from coal, Varna TPP said at the time.
(1 euro=1.95583 levs)