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FLASH WORLD                            SIX OIL COMPANIES                    TOYOTA WITHDRAWS
                                       IN BULGARIA ARE                      340 THOUSAND
THE CHINESE                            ACCUSED FOR PRICE                    HYBRID VEHICLES
EVERBRIGHT                             FIXING                               TOYOTA PRIUS
COMPLETELY TOOK
OVER THE AIRPORT IN
TIRANA

China Everbright Limited (CEL) in      The Bulgarian commission for         Toyota Motor Corporation pub-
the past month took over 100%          protection of competition ac-        lished that due to problems
of the shares of the international     cused six oil companies that vio-    with the breaks, they withdraw
airport in Tirana (TIA), “Mother       lated the regulations for equal      in total 340 thousand vehicles
Theresa”, after the Sales Agree-       market competition by price          of which mostly in Japan – 212
ment was signed in April this year.    fixing in the retail market. It is   thousand, 94 thousand in North
According to the company, the          a matter of the companies Lu-        America and 17 thousand in Eu-
airport in Tirana is one of the fast-  koil Bulgaria, Shell Bulgaria,       rope, and the rest is in Austra-
est growing airports in Europe,        Eko Bulgaria which a branch of       lia and the other parts of the
and the number of passengers           the Green Hellenic Petroleum,        world. Although they do not in-
of 600 thousand in 2005 has in-        as well as Petrol and Nis Petrol     dicate special details about the
creased to more than 2 million in      where the Russian Gazprom            decision, Toyota admitted that
2015. ”The takeover is a proactive     Neft has the controlling stake.      they received reports for car
corporate approach for identifica-     According to the Bulgarian regu-     accidents, injuries and deaths
tion of quality infrastructural in-    lation, they agreed on the retail    caused by a malfunction of the
vestments, which corresponds to        prices of diesel and gasoline. The   handbrake. According to the
the Chinese “one belt, one road”       Bulgarian regulator started the      company, the reason is the wire
initiative for strengthened com-       investigation in the sector of re-   cable of the handbrake which
munication between China and           tail of fuels in February this year  can be separated unexpectedly,
the world”,stated Chen Shuang,         after the complaints of many         which causes problems when the
the CEO of CEL. He thanked for         citizens about the high prices       vehicle is stopped. “If the driver
the excellent cooperation with         of fuels and despite of the sharp    leaves the car while it is working
the Albanian government and he         fall in oil prices in the world      and in parked position, while the
expressed his particular gratitude     markers. All accused compa-          gear (automatic) is not in position
to the management of the airport       nies, at the beginning when the      ‘parking’, a danger exists that the
where he expects further coop-         investigation was published, de-     vehicle might start moving and
eration. At the moment China is        nied that they mutually agreed       cause a collision”, it was indicat-
the second largest trade partner       the prices, and now they have        ed in the announcement of the
of Albania, and recently the Chi-      30 days to formally respond to       company where it is added that
nese Prime Minister Li Keqiang         the results of the investigation.    the repair of the problem will be
and his Albanian colleague Edi         In April the regulator conducted     free for the users. The models
Rama obliged to increase the co-       searches of the offices of OMV,      of Toyota Prius with these prob-
operation between the two coun-        Lukoil Bulgaria, Royal Dutch,        lems have been manufactured in
tries, particularly in the field of    Rompetrol and Hellenic Petro-        the period between August last
infrastructure. CEL is the largest     leum in Sofia.                       year and October this year.
investment fund in China special-
ized for external operations.                                                                               Miroslav Sazdovski

66 November 2016
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