Business
German low-cost airline Germanwings announced the launch of new destinations in Bulgaria.
The airline will service flights from Berlin and Cologne/Bonne to the Bulgarian seaside hotspots of Varna and Burgas.
Business | May 24, 2007, Thursday // 00:00
| Viewed: 4749
Bulgaria, which was until recently touted as one of the most popular countries for UK property buyers, appears to have lost its appeal to the more serious property investors, according to new claims from an industry body.
According to Arlette Adler from
Business | May 24, 2007, Thursday // 00:00
| Viewed: 2977
The lower house of the Russian parliament, the State Duma, ratified on Wednesday the agreement to build and operate the Burgas-Alexandroupolis pipeline, ITAR-TASS reported on Wednesday.
Russia, Bulgaria and Greece signed the deal in Athens in March, with
Business | May 23, 2007, Wednesday // 00:00
| Viewed: 1818
Low-cost airlines are one of the best indicators to where property hotspots will be in the next few years, as the boom in Bulgaria and the Baltic states has shown, overseas real estate experts say, as cited by the Independent.
Business | May 23, 2007, Wednesday // 00:00
| Viewed: 2615
With the US dollar's devaluation on the go, Paris and London have lost their charm as tourist destinations for the US citizens and they get even more interested in Bulgaria and Romania, the Romanian newspaper Adevarul reported.
Business | May 23, 2007, Wednesday // 00:00
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The Bulgarian Financial Intelligence Unit has received and processed 376 reports on suspicious financial operations for the total amount of EUR 199,327,646, its annual report for 2006 showed.
Business | May 22, 2007, Tuesday // 00:00
| Viewed: 1634
Greek Public Power Corporation (PPC), the state-owned electricity company, said it plans to appeal the decision to rescind its privatisation contract for Bulgarian power plant at Bobov Dol.
PPC chairman and CEO Panagiotis Athanasopoulos met on Monday wit
Business | May 22, 2007, Tuesday // 00:00
| Viewed: 1534
The demand for new construction permits remains high despite a dip in the first quarter of the year, with Black Sea port of Burgas requesting the largest number of permits, statistics board NSI said on Tuesday.
The total number of building permits issued
Business | May 22, 2007, Tuesday // 00:00
| Viewed: 1599
Eight bidders submitted offers to build the road and railway infrastructure on the Bulgarian side of the second bridge over Danube linking the EU's two newest member states.
Four companies made individual bids - Czech OHL ZS, Greek Terna, Spain's FCC Con
Business | May 21, 2007, Monday // 00:00
| Viewed: 1799
The assets of the Bulgarian banking system grew by a net 5,5% in the first quarter of the year to BGN 44,5 B, data from the country's central bank BNB showed on Monday.
Inflation for the period was 2,3%, which makes for a real growth 3,2%.
Business | May 21, 2007, Monday // 00:00
| Viewed: 1917
The roof of Sofia airport's Terminal 2 has leaked after the heavy rainfall in the past few days, the press centre of the Transport Ministry announced.
Business | May 21, 2007, Monday // 00:00
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Italy's biggest bank UniCredit said it agreed to buy domestic competitor Capitalia in a straight equity swap deal worth EUR 21,8 B.
The deal takes Capitalia, the last possible acquisition target in Italy's banking sector, off the market and will create t
Business | May 21, 2007, Monday // 00:00
| Viewed: 1594
US oil major Chevron refuted on Friday the claims in Bulgarian media that it dropped any interest in buying into the Burgas-Alexandrupolis oil pipeline.
"Chevron remains interested in participating in the Bourgas-Alexandropoulos pipeline," the company to
Business | May 18, 2007, Friday // 00:00
| Viewed: 1661
Bulgaria's current account deficit in the first three months of the year was EUR 1,5 B, or 5,6% of the projected gross domestic product for this year, according to the preliminary data of the country's central bank BNB, released on Friday.
The figure sho
Business | May 18, 2007, Friday // 00:00
| Viewed: 1488
Greek banking group EFG Eurobank Ergasias will merge its two Bulgarian units in the third quarter of the year, a top executive said on Friday.
Eurobank's two Bulgarian subsidiaries are Postbank, which it bought from the Bulgarian state, and DZI Bank, whi
Business | May 18, 2007, Friday // 00:00
| Viewed: 1945
Bulgaria's largest steel mill Kremikovtzi announced it would appeal the decision of the state-owned power grid operator NETC to cut by half its supplies for overdue payments.
Business | May 17, 2007, Thursday // 00:00
| Viewed: 1707
Bulgaria's second biggest bank, former state savings bank DSK, reported on Thursday a 3,3% increase in assets during the first quarter of the year, to EUR 3,23 B, reported under international financial standards.
DSK, which is now owned by Hungary's OTP
Business | May 17, 2007, Thursday // 00:00
| Viewed: 3261
US oil major Chevron has no interest in acquiring Bulgaria's 24,5% in the Burgas-Alexandroupolis pipeline, according to a report in Bulgarian news portal Mediapool on Wednesday.
Business | May 16, 2007, Wednesday // 00:00
| Viewed: 1965
Bulgaria's top cellphone operator M-Tel, a subsidiary of Telekom Austria, reported on Wednesday a 11,7% increase in revenue for the first quarter of 2006, compared to the same period of last year.
M-Tel raked in EUR 141,8 M in revenues in January-March,
Business | May 16, 2007, Wednesday // 00:00
| Viewed: 1670
Dell Inc., one of the world's biggest computer manufacturers, opened a representative office in Bulgaria on Wednesday.
Business | May 16, 2007, Wednesday // 00:00
| Viewed: 4306
A total of 16 crumbling buildings in Sofia are to be demolished, because they pose a danger to passers-by, the Deputy Mayor Irina Savina announced Wednesday.
The head of the capital's inspectorate Galen Ganchev said the buildings will be pulled down in a
Business | May 16, 2007, Wednesday // 00:00
| Viewed: 1582
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