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Kremikovtsi is the largest metallurgical company in Bulgaria from 1963 to 2009. The company went bankrupt in 2008. The photo was from 1988.
Kremikovtsi is the largest metallurgical company in Bulgaria from 1963 to 2009. After the transition of Bulgaria to a market economy, it was privatized. In 1999. state-owned company sold to Bulgarian firm Daru metals for $ 1. In 2005. Daru metal sells the company to Indian entrepreneur Pramod Mithal for $ 110 million. In 2008 the company went bankrupt and ceased operations in 2009.
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Photo credit: © Nikolai V. Vassilev / Alamy / Afripics
License: Royalty Free
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