Business

Russian Govt to Back Local Bidder for Bulgaria's 2nd Nuke

Russia's government is willing to back financially local company Atomstroyexport if they win the bid for building Bulgaria's second nuclear power plant in Belene.

Business | August 15, 2006, Tuesday // 00:00 | Viewed: 958

War Costs USD 10 B to Lebanese Economy

The Lebanese economy has suffered losses totalling USD 10 B as a result of the military conflict between Israel and the militant group Hezbollah, according to an international experts report, announced in London. The Israeli undeclared war was reason for

Business | August 15, 2006, Tuesday // 00:00 | Viewed: 1284

Bulgarians to Keep Cell Number When Switching Networks

Bulgarians, who would like to use the services of another GSM operator but keep their current cell phone number, will be able to do so, starting from January 1, 2007. This is what the commission regulating communications has already decided regarding cel

Business | August 14, 2006, Monday // 00:00 | Viewed: 884

Property Prices Leap in Eastern Europe, Bulgaria's Growth Buoyant

Eastern European property prices are rising faster than anywhere else in the world, according to a survey by British estate agency Knight Frank, cited by the Financial Times. The global index, compiled by the realtor, shows global property price inflatio

Business | August 14, 2006, Monday // 00:00 | Viewed: 2244

Experts Slam Bulgaria's Govt for Anaemic Economic Success

Since Bulgarian three-way ruling coalition came into office a year ago, it has not achieved a significant success in the economic reform, nor in the increase of Bulgarians' incomes, according to Sofia-based Institute for Market Economy (IME). The coaliti

Business | August 14, 2006, Monday // 00:00 | Viewed: 1038

Cheap Mobile Calls Lure Young Bulgarians

Bulgaria's leading mobile operator boasted they had made a huge step ahead in luring young customers. The Loop service, allowing a minute's call for just BGN 0.

Business | August 14, 2006, Monday // 00:00 | Viewed: 789

Bulgaria Opens Pilot Training Spot

An airport for training of fresh pilots has opened Monday in Bulgaria's deep northwest, media reported. The EUR 200,000 facility was built by a local company, Ava, by the Erden village near Montana.

Business | August 14, 2006, Monday // 00:00 | Viewed: 915

Power Cut-offs Threaten Bulgaria

Bulgarians will have to endure electricity cut-offs should the operations of Sofia heating utility be suspended, the national electricity distribution company warned.

Business | August 14, 2006, Monday // 00:00 | Viewed: 1292

Tenants Hungry for Varna Mall

The to-be first mall in Bulgaria's seaside capital of Varna is already enjoying an interest by tenants that exceeds the available trade floorage, the project's executors said Monday. Mall Varna should be ready to open in November 2007, hosting spots of m

Business | August 14, 2006, Monday // 00:00 | Viewed: 984

New Complex to become Sofia's Highest Building

A new office and shopping center that could rise near Sofia's Zapaden Park would become the capital's highest building, soaring to 132m. Thirty-three floors of office space and a shopping area spreading over three floors will be part of "Olympian Mall an

Business | August 14, 2006, Monday // 00:00 | Viewed: 1964

Kids Flux to Mall of Sofia

The Mall of Sofia enjoyed a real flux of children during the weekend with hundreds of juniors coming to draw pictures and entertain, offering them many surprises. Cinema City, located on the premises of the largest trade and entertainment centre, opened

Business | August 13, 2006, Sunday // 00:00 | Viewed: 1087

Further Delays, Cancellations at Heathrow

New security procedures enforced at UK airports led to a fourth day of disruption to flights leaving Heathrow. Up to a third of all flights during the weekend were cancelled to alleviate pressure on the staff conducting the checks, BBC reported as quotin

Business | August 13, 2006, Sunday // 00:00 | Viewed: 1707

Bulgaria May Scrap Elbit Contract on Copter Upgrade

Bulgaria may terminate its Elbit Systems contract on modernization of MIG-24 helicopters. While on a visit to Varna, Defense Minister Vesselin Bliznakov said the Israeli company does not meet its obligations under the contract, even after a warning lette

Business | August 12, 2006, Saturday // 00:00 | Viewed: 1219

Flights Sofia-London Back to Normal

The schedule of Sofia flights to and from London has returned back to normal after two days of disruption and cancellations. Sofia Airport authorities announced all Saturday's flights with London destination have been operative as usual, including the fl

Business | August 12, 2006, Saturday // 00:00 | Viewed: 1149

Bulgaria's Inflation Nears 9%

Inflation over January-July has reached 8.1% as compared to the same period last year, data shows.

Business | August 11, 2006, Friday // 00:00 | Viewed: 1386

Varna-London Flights Serviced under Tight Security Measures

The authorities of Varna's airport, Bulgarian sea capital, have not cancelled any of the flights to London so far. The three flights to Britain, that are scheduled for Friday, will be carried out under tightened security measures.

Business | August 11, 2006, Friday // 00:00 | Viewed: 886

Bulgaria's Coastal Airport Cancels No Flights to London

The airport authorities in the Bulgarian Black Sea coastal city of Burgas have not cancelled any of the flights to London by now. A flight to the British capital was carried on as scheduled on Friday morning, the airport's officials announced.

Business | August 11, 2006, Friday // 00:00 | Viewed: 942

Airports across Europe Beef up Security Measures

Airports across Europe raised the terror alert level after London anti-terror police foiled an alleged plot to blow up planes flying to the US. Bulgarian airport authorities also followed suit.

Business | August 11, 2006, Friday // 00:00 | Viewed: 1146

Bulgarians Fuel New Cars Sales

Bulgarians have steadily preferred to purchase new vehicles, as the sales of cars and motorcycles have plummeted up for the first half of 2006. An increase of 22.

Business | August 11, 2006, Friday // 00:00 | Viewed: 1093

BA Cancels Sofia Flights

Friday saw another disruption for passengers flying to and from London, as air carriers were in turn cancelling their flights.

Business | August 11, 2006, Friday // 00:00 | Viewed: 1144

Bulgaria Air Refunds Passengers to Britain

Bulgarian flag carrier "Bulgaria Air" will give compensations to everyone who wishes to refrain from trips to Britain in the wake of the foiled terrorist plot. Bulgaria Air offers this to its passengers due to the tightened security measures imposed by B

Business | August 10, 2006, Thursday // 00:00 | Viewed: 1034
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