The annual list of the companies with state participation, which will be offered for privatization for Compesatory Vouchers includes a stake of 23 shares, representing 0.012 per cent of the capital of Lavena JSC, Shumen. Despite the fact that this is a public company, PA decided that the stake is too small and has not been included it in neither of the pulls. The sales of the Shumen-based company will be sold at centralized public auctions where they could be paid with Compesatory Vouchers.
Source: Dnevnik (15.05.2003)

Lavena JSC is one of the leading Bulgarian companies in the area of production and trade with essential oils, cosmetics products and medical syrups. Shumen-based factory is the first cosmetics company, which applied system for control and management of the quality in accordance with the standards of ISO 9001. The company is one of the leading producers of essential oil in Bulgaria – lavender and dill oils. As of the end of 90-s Lavena JSC developed a new marketing and production strategy, whose purpose is renovation of the manufacture process and raising of the quality of the products.
Source: Pari (02.09.2003)

Mr. Dimitar Peichev reduced its share in the capital of Lavena JSC from 10.2545 per cent to 6.4545 per cent.
Source: Central Depository (04.11.2003)

ROZIN INVESTMENTS LIMITED sold its share of 10.0525 per cent of the capital of Lavena JSC.
Source: Central Depository (04.11.2003)