Plovdiv Essential Oil factory Auctioned for Reduced Price
A factory for the production of essential oils near Plovdiv is being auctioned by PSI Stefan Gorchev with a current price of approximately BGN 1.4 million – a reduction of BGN 1 million from a previous listing. The property, located in the village of Razevo Konare, is being sold due to a debt owed by its owner, “Bulgarska bilka BG” EOOD, to United Bulgarian Bank AD as 2017.
The auction, running from October 24 to November 24, offers a 3,914 square meter property featuring a one-story building, warehouse, and equipment for essential oil production. The sale is taking place amidst ongoing financial difficulties for “bulgarska bilka BG” EOOD, which faces enforcement proceedings and additional liens registered with the National Revenue Agency - Plovdiv, in favor of “Lyubov 2” EOOD, “SI Finance Group,” and a separate lien with UBB AD from 2021. A 10% deposit is required, and a new owner is expected to be announced on November 25.
The land is designated as agricultural land with a permanent purpose and use for a farm yard – specifically for storage and production facilities.
