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International Exhibition Centre in Bulgarian

According to the development strategy, the state would retain minority share, but the largest part of the shares would go to Plovdiv municipality and private companies. The privatisation strategy should be approved by the National Assembly and the Cabinet, 24 Chassa said.

Plovdiv businessman Georgi Gerov said that he planned to buy the fair's shares to prevent foreign ownership over the exhibition centre. Plovdiv businessmen should form a consortium and participate in the privatisation tender, as the town's economy depended on the exhibition centre, Gerov said.

Gerov owns 25 per cent of Puldin Tour Invest, the company in charge of managing 16 of the fair premises. The company aims at boosting cultural and congress tourism through restoration of architectural monuments in Plovdiv.