The array of business interests of Bulgarian tourism boss Georgi Gergov expanded into road maintenance with the purchase of Plovdiv-based Putishta AD, Dnevnik daily said on May 7, quoting unnamed sources close to the deal.

The road maintenance sector currently is dominated by Bulgaria's richest man Vassil Bozhkov, who owns Putishta Holding and Moststroy, and Trace Group, majority-owned by Nikolai Mihailov.

Gergov, owner of tour operator Slunchev Den and chief executive of Plovdiv International Fair, confirmed the report, adding that the transaction took place several months ago and was already registered with the Central Depository. He declined to name the value of the acquisition.

The change, however, is yet to be registered in the Daxi company e-register.

Putishta AD has stakes in nine companies in the sector.