Second e-scrap recycling centre for Bulgaria

Archiv – An electrical installation construction company received a permit from the Bulgarian government which allows it to recycle electrical and electronic equipment. The Environment and Water Affairs Ministry says that a company named ’Eltechresource’ has received the second permit in Bulgaria for collecting and recycling of electronic waste. The announcement came more than a month after the permit was issued on November 1 2007.Bulgaria | An electrical installation construction company received a permit from the Bulgarian government which allows it to recycle electrical and electronic equipment. The Environment and Water Affairs Ministry says that a company named ’Eltechresource’ has received the second permit in Bulgaria for collecting and recycling of electronic waste. The announcement came more than a month after the permit was issued on November 1 2007.
Against expectations, the long awaited second permit was not issued to one of the four companies which had registered this activity and had been candidates for the permit for over a year. Instead, the license was granted to a company which was registered on some months ago.
Environment Minister Djevdet Chakurov had prolonged a decision on the second permit by returning documents to the four companies, while the company with the first license, Ekobultech managed to get a 35% market share in the market for recycling of electronic waste. It was said that Ekobultech had close ties with Movement for Rights and Freedoms (MRF), the party of Chakurov.
In the spring of 2007, Charkurov promised that “within two weeks” there would be competition over the recycling of electronic waste, but only now he announced his decision. It was still unclear who the owners of the new company were, represented only by its managing director Ivan Kobakov,
Eltechresource is owned by four companies, research by Bulgarian media learned, 50% is owned by Splavkomers, a company which trades in a variety of goods and which owned Makmetal. The latter, in turn, owns 40% of Eltechresource. According to the company registration, Makmetal had closed its business on November 27 2007, which would make the ownership of the new company questionable, according to Bulgarian media sources.