BULGARIA has left behind half of the way to EU accession and the negotiations can be finalized by the end of 2005, which means that on January 1, 2007 Bulgaria can be roclaimed a EU member, said the Belgian ambassador, Edmond de Wilde, in Vratsa at a business seminar
on export promotion.
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A JOINT Bulgarian-Croatian company, named Konel, will repair electric locomotives, wagons, tramways and trolley cars in Sofia, said the Croatian ambassador Tonchi Stancic. The renowned Zagreb
company Koncar will hold 50% of the capital, the other half will be held by the Bulgarian Railways.
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NEOCHIM AD will reinvest the FY2000 profit of BGN 4.1 million in production technology, per decision of the general shareholders
meeting. No dividends will be allocated. New members of the board were appointed.
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BANKERS from 8 countries exchanged experience at the international conference on the banking sector structuring in CEEC, organized by the Institute for Economic Policy. Economic growth is not achievable if the bank deposits are not directed toward investments, said Eva
Balcerowicz of the Warsaw Center for Social and Economic Studies.

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