1 October 2003

Membership in the Bulgarian International Business Association (BIBA)

In October 2003 KCM SA, Plovdiv became a member of the Bulgarian International Business Association (BIBA).

The General Meeting of the shareholders held in June this year approved the motion by the Managing Board to vote the invitation for membership in the Association extended by the BIBA President - Mr. Kirko Kirkov. The positive decision was prompted by the conviction that with its activities and international prestige BIBA is indispensable for the improvement of the business climate in Bulgaria.

For more than 10 years now the Association has managed to achieve interaction between strategic foreign investors and Bulgarian companies - leaders in their fields of activity, thus supporting processes of importance for our country.

The Managing Board of the company considers BIBA a significant part of the infrastructure which exerts efforts for the successful finalization of the transition period and through its activity prepares the period of partnership with the European countries and those from other parts of the world.

With its prestige and active international activity in the non-ferrous metals metallurgy KCM SA will support the activity of the Association and work conscientiously for its further development.

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