site.btaUPDATED Economy Minister: Enterprises within State Consolidation Company Operate without Business Programmes, Do Not Submit Financial Reports
Enterprises within the State Consolidation Company (SCC) operate without business programmes and do not submit financial reports, Economy Minister Bogdan Bogdanov told journalists on Monday, presenting his Ministry's programme for the recovery and development of public enterprises.
He said that there are reports of the Bulgarian National Audit Office and the Public Financial Inspection Agency, which were submitted to the prosecution two years ago.
"The SCC, under the Education Ministry, manages a capital of over BGN 1 billion. The company has no published financial statements for 2021 and 2022," Bogdanov pointed out. "These statements are important for the company to remit dividend to the state," he added.
Every company should have a business programme and objectives to work towards, he added. Six out of the 11 active Enterprises under the SCC did not have an approved programme for 2022 - including SCC itself. More than 90% of the members of the boards of SCC companies have been replaced during the caretaker government. Many of these people have had time to understand the companies' problems and propose solutions and business programs, but this has not happened," Bogdanov explained.
The Economy Minister introduced the new SCC board during the press conference.
Elena Boltadzhieva is appointed Chairperson, while Ivan Zangotchev, who remains a member, will also serve as Executive Director. The board also includes Desislava Chalamova, Venelin Shakov and Nikolay Zhelyazkov.
/RY/
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