There are a lot of stories about the Bulgarian auto industry, but few of them make much sense.
The auto industry is in crisis, but nobody is really talking about it.
The government, in power since 2003, has been pushing to privatize the market, while other European countries have tried to prevent such moves.
That’s partly because Bulgaria is a relatively small country and its economy has been growing steadily, so it’s easy to imagine it could easily grow again without a crisis.
But a recent spate of news stories has made that more difficult.
They show that a government-owned, private-sector automaker is struggling to make a profit and that the country’s carmakers are suffering.
A large portion of the automotive industry is owned by state-owned companies, and its assets are largely held by the Bulgarian state.
The companies are in dire straits.
The biggest owner of a Bulgarian automaker is Vostochny State Investment Corporation, which has a stake of about 70 percent.
Vostozheny State has a history of running into trouble with investors.
It lost more than $8 billion in the first half of this year alone, according to its annual report.
In 2016, it was fined $2.7 billion for breaching investment rules.
The company has also been involved in a series of regulatory probes and corruption scandals in the past, according the European Union’s anti-corruption agency, the EU’s competition watchdog and the International Chamber of Commerce.
Bulgaria’s biggest automobile company is the state-run Bulgarian Automobile Group (BAG), which is owned and controlled by the government, according a government statement.
The group, which operates in Bulgaria’s biggest cities and countryside, has had a history in the auto sector of problems with its owners and creditors.
It was sold to the state in 2009 for $1.2 billion, according To The News, a government website.
Its current shareholders are the state, the Ministry of Finance, the Bulgarian National Bank and the General Administration of Banks, according an official statement.
But there are some problems with BAG.
Its shares are listed in the country where it was created.
And in March, a court in Sofia ordered it to pay more than €8 million to a former employee who accused it of failing to properly inspect its factory and failed to provide a safety plan for its employees.
The problems have become so severe that the company’s former CEO, Vojislav Shishov, is now being investigated by the European Commission, according The News.
He was fired in December.
Shishov’s successor, Vassilis Svetlova, is a former member of the Bulgarian government who was a member of parliament for three years and has been in the post since 2013.
In 2015, he was also fired over the same issues.
According to The News article, he told The News that the problem with Bags owners is the fact that they are not properly trained to inspect factories and to provide the right safety and quality of work.
“If they are to continue operating, they need to improve their training and make sure that their operations are monitored,” Svetrova said.
The state’s involvement in the company is not new.
In 2011, the government bought the company for about €10 million and in 2014, the state acquired a stake for €4.5 million.
The latter deal was part of the government’s plan to privatise the Bulgarian automotive industry.
But according to the company, it is unable to find a buyer.
In a statement, the company said:”As a consequence of our current situation, we can no longer take the necessary steps to find new investors.
We have also decided to terminate the current relationship with the company and will take measures to ensure the long-term stability of the company.”
The company said it will sell all of its assets and is considering other options.
It will also take a “decisive action” to prevent a repeat of the problems, the statement said.
The latest scandal comes as the government has tried to push through a law that would allow the privatization of the private sector, according TO The News story.
The law would require public companies to pay off their debts in full, while private companies would get to keep up to 50 percent of their assets, as well as some of the revenue.
This would allow them to use their own money to invest in infrastructure, to expand their businesses or to develop new products.
This is a proposal that’s been opposed by the industry, including many of the owners of large companies, who argue that the current system is already too unstable.
The new legislation has received support from the ruling Social Democrats (SPO) and the countrywide center-left coalition, which is known as the Left Platform, according Svetlaev.
“The current legislation is not good, it’s not good for the industry and it’s bad for Bulgaria,”