site.btaRemunerations of SCC Directors Reduced by 50% as of Oct. 1

Following an order by Economy and Industry Minister Bogdan Bogdanov and a decision by the Board of Directors of the State Consolidation Company (SCC), effective October 1, the remuneration of all executive members of the boards of directors of SCC companies has been reduced by some 50%, SCC Executive Director Ivan Zangochev said in a BTA interview. Zangochev was approached by BTA in connection with the expiring deadlines for analysis of SCC subsidiaries, ordered by Minister Bogdanov in late-August.