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Public Power Corporation SA Establishes Commercial Subsidiary In Bulgaria With Alpiq Central Europe Ltd

Thursday, 1 Aug 2013 03:03am EDT 

Public Power Corporation SA (PPC SA) announced the signing of a Joint Venture Agreement with Alpiq Central Europe Ltd for the establishment of a commercial subsidiary company in Bulgaria, under the name PPC Bulgaria (PPC BG). PPC SA will hold a 85% stake of the share capital of the joint venture company and Alpiq Central Europe Ltd will hold 15%.