Nu Image, the company which won the privatisation tender for Boyana Film Studios, said that Culture Minister Stefan Danailov and Boyana Film executive director Evgeni Mihailov were deliberately slowing down the conclusion of the deal.

Darik Radio quoted Nu Image representatives saying the delay was not in the interest of the Bulgarian cinema industry and the company might start legal procedures against the country.

Nu Image executive director Avi Lerner said that he believed the Bulgarian government would conclude the privatisation deal within a month. On May 12 there will be a meeting between Danailov and Nu Image Bulgaria head David Varod.

According to the privatisation contract, Nu Image plans to invest 15 million euro in the Boyana Film centre by constructing seven more filming studios. This would help the studio become one of the leading in Europe, reviving the Bulgarian film industry and providing employment for actors and technicians.

Nu Image is already planning the production of several movies by the end of the autumn. American ambassador to Bulgaria John Beyrle said that the deal was a sign Bulgaria offered good business environment for foreign investments.