Business

Bulgarian Parliament Debates Budget 2007

Bulgarian lawmakers have opened a plenary to discuss the country's first EU-bound draft budget. The exchequer blueprint has already been approved by the three-way coalition leaders and its financial parameters have been agreed upon by the ruling majority

Business | December 19, 2006, Tuesday // 00:00 | Viewed: 780

Bulgaria's Kozloduy Admin Building Ablaze

A small fire erupted at an administrative building close to the premises of Bulgaria's nuclear power plant Kozloduy. According to preliminary information, the fire was caused by a short circuit in a copier machine.

Business | December 19, 2006, Tuesday // 00:00 | Viewed: 743

Go-Ahead for Mall Plovdiv

Bulgaria's second largest city saw the start of the construction works of the biggest trade and entertainment centre, Mall Plovdiv. District governor Todor Petkov and Interior Minister Rumen Petkov laid the investors' message to the generations at the fo

Business | December 18, 2006, Monday // 00:00 | Viewed: 1246

Bulgaria Ups Fuel Prices

Bulgaria's Lukoil decided to raise fuel prices on December 18, the company announced.

Business | December 18, 2006, Monday // 00:00 | Viewed: 689

Sofia Mayor Ally Grabs Reins of Ailing Heating Utility

A man, known for his close links to the mayor, will temporarily head Sofia's heating utility, it emerged days after the director of the nearly bankrupt company and his deputy found themselves behind bars. Boris Todorov was elected member of the Board of

Business | December 18, 2006, Monday // 00:00 | Viewed: 1219

Bulgaria's DZI Bank Assets Frozen

A Bulgarian district court froze all assets and real estate properties of major DZI Bank. The news broke just as Greece's EFG Eurobank finalized its acquisition of a 74.

Business | December 18, 2006, Monday // 00:00 | Viewed: 1541

Sofia Ups Fee for Construction Works Permit

The fee for obtaining a construction works permit in Sofia was increased a whopping twenty times with a decision of the municipal council on Monday. Entrepreneurs will have to pay BGN 14/m2 for construction works in the center of the capital and terrains

Business | December 18, 2006, Monday // 00:00 | Viewed: 1291

Plovdiv Airport Blamed for Flights Chaos in Sofia

Bulgaria's Transport Minister Petar Mutafchiev blamed Plovdiv Airport for the chaos in the flights over the weekend.

Business | December 18, 2006, Monday // 00:00 | Viewed: 1326

Bulgaria Signs New Accord with Gazprom

Bulgaria and Russian gas giant Gazprom signed Monday a new deal that is to guarantee a triple increase of transit gas deliveries until the end of 2030. The agreement itself has a term until 2010, but it will pump transit volumes from EUR 600 M to EUR 2.

Business | December 18, 2006, Monday // 00:00 | Viewed: 888

Sofia Airport Terminal to Open Lame-Legged

The new terminal of Sofia Airport will open just in time for the Christmas rush, on December 27, despite it lacks several key permits to operate normally, transport officials said. The state construction inspectorate has already issued permits for the ne

Business | December 18, 2006, Monday // 00:00 | Viewed: 1815

Natural Gas Prices to Jump by less than 10% in Bulgaria

Natural gas prices will increase by less than 10% as of April 1, 2007, Bulgaria's Energy Ministers Rumen Ovcharov told state radio BNR. The prices will mount gradually for a period of six years, he said.

Business | December 17, 2006, Sunday // 00:00 | Viewed: 736

Lack of Snow in Europe Sends Skiers to Bulgaria

European skiers who are hoping to have a white Christmas may have to be redirected to Bulgaria for there is no snow in the famous resorts around Europe.

Business | December 17, 2006, Sunday // 00:00 | Viewed: 2293

Sofia Airport Opened Again

Sofia Airport is opened and functions according to schedule.

Business | December 17, 2006, Sunday // 00:00 | Viewed: 1547

Mall of Sofia Grabs Building of the Year Award

Mall of Sofia grabbed the Building of 2006 Award in the commercial buildings category.

Business | December 17, 2006, Sunday // 00:00 | Viewed: 1164

Sofia Airport Faces Fog Troubles Again

Many of the Sunday morning flights due to depart from Sofia Airport were cancelled again.

Business | December 17, 2006, Sunday // 00:00 | Viewed: 1351

Bulgaria's Snowless Bansko Resort Opened Ski Season

One of the most famous Bulgarian ski resorts Bansko officially opened its ski season for 2006-2007 on Saturday. Bansko municipality officials have asked the world famous skiers Lasse Kjus and Marc Girardelli to ski the "Alberto Tomba" run to mark the beg

Business | December 16, 2006, Saturday // 00:00 | Viewed: 1979

Bulgarian Tourism Authority Head "Resigns"

The head of the state Tourism Authority Mario al-Jebouri has filed a resignation, according to Bulgarian media reports. To step down his resignation, filed late on Friday, needs to be approved by Prime Minister Sergey Stanishev.

Business | December 15, 2006, Friday // 00:00 | Viewed: 5240

Sofia Airport to Meet Santa Klaus

Sofia Airport authorities announced preparations to meet Santa Klaus this year on Bulgarian soil. The solemn welcoming event will be held next Thursday, December 21, at the VIP Terminal.

Business | December 15, 2006, Friday // 00:00 | Viewed: 1175

Aviation Safeguard Threatens to Mar Bulgaria's EU Entry

The European Commission is reportedly drafting a decision to impose yet another safeguard measure on Bulgaria, days ahead of its entry to the EU. State-run radio BNR reported the EU's executive will limit the access of Bulgarian airline companies to Euro

Business | December 15, 2006, Friday // 00:00 | Viewed: 1286

Bulgaria's Telecom Introduces Reduced Prices

Bulgaria's Telecommunications Company announced Friday its new reduced tariff policy for subscribers.

Business | December 15, 2006, Friday // 00:00 | Viewed: 1022

No-Snow Pamporovo Opens Skiing Season

The Rhodopes' pearl of Pamporovo will open Friday the official skiing season on artificial snow. The ceremony will be held Saturday, December 16, when the first charter with British tourists is set to arrive.

Business | December 15, 2006, Friday // 00:00 | Viewed: 1228
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