Kub Corporation Denies State Confiscation of 'Baba Alino' Properties

Kub Corporation has issued a statement asserting that none of its properties in the "Baba Alino" area have been confiscated by the state. This declaration directly challenges a recent court decision.

On July 8, a court in Varna confirmed the state's seizure of property located in the "Baba Alino" area. The specifics of the court's ruling and the exact nature of the confiscated assets were not detailed in the provided text, but the company's response indicates a dispute over ownership or possession.

Kub Corporation's statement explicitly denies any involvement in the state's confiscation, emphasizing that the properties in question do not belong to the state. The company's firm stance suggests a legal or public relations battle is underway regarding these assets.

Further details regarding the basis of the court's decision or the specific properties involved were not immediately available. The company's denial implies that the properties it operates or owns in "Baba Alino" remain unaffected by the state's legal action, according to their account.