Business

German Experts Predicts Decline in Bulgaria's Tourism Sector

The perspectives ahead of the Bulgarian summer tourism are not very bright after back in 2000 the country was among the top destinations on the German market it is now registering a decline. That is the conclusion of the report of the specialized German

Business | July 24, 2006, Monday // 00:00 | Viewed: 1546

Deutsche Bank Steps onto Bulgaria's Real Estate Market

Deutsche Bank made its first step on Bulgaria's real estate market, it appeared Monday. RREEF, part of Deutsche Bank, and Bulgarian company Winslow Developments established a joint venture for investments and projects in the real estates sector in Bulgar

Business | July 24, 2006, Monday // 00:00 | Viewed: 1642

Luxurious Complex to Rise at Bulgaria's Seaside

Investors from Orchid Developments started Monday the construction of the biggest apartment complex in the northern seaside city of Varna. Orchid Hills will include about 800 luxurious apartments, several commercial buildings and entertainment venues and

Business | July 24, 2006, Monday // 00:00 | Viewed: 2935

Sofia Begins Link to New Airport Terminal

Sofia Mayor Boyko Borissov turned the first sod of a new road that would link the capital's Brussels Boulevard with the new airport terminal. Transport Minister Petar Mutafchiev also attended the event, organized by his ministry.

Business | July 24, 2006, Monday // 00:00 | Viewed: 1352

Bulgaria Air's August Seaside Destinations Half-Booked

Air carrier Bulgaria Air announced that the company's flights from the country's seaside to Europe and back for the month of August were already half-booked.

Business | July 24, 2006, Monday // 00:00 | Viewed: 1286

Bulgaria Probes Food Merchants' Honesty

Bulgaria's Commission for consumers' protection is starting Monday a check into food traders' correctness in labelling packed goods. The commission will look into pre-packed food and check whether the weight and price shown on the package are correct.

Business | July 24, 2006, Monday // 00:00 | Viewed: 1003

Packed Planes Head from London to Bulgaria's Varna Airport

If cheap fares are the key to filling domestic flights, the scorching heat wave in Great Britain seems enough to ensure full planes on the routes to Bulgaria's Black sea. A group of 130 Irishmen has landed at the Southern Black Sea coast aboard a charter

Business | July 23, 2006, Sunday // 00:00 | Viewed: 1933

Brits Seek Break from the Heat in Bulgaria's Resorts

More than two million Brits are heading off for holiday favourites this weekend to escape the sizzling heat that swept the country, show estimates of the Association of British Travel Agents.

Business | July 23, 2006, Sunday // 00:00 | Viewed: 1533

Crazy Summer Delays Dent Bulgaria Air Image

Passengers aboard flag carrier Bulgaria Air have been forced to learn how to handle the crazy delays of summer over the last two months. "Estimates show that delays in Bulgaria Air flights tower to 115 hours for the last fifty days," 24 Hours daily repor

Business | July 22, 2006, Saturday // 00:00 | Viewed: 1517

Japan JCRA Affirmed BBB for Bulgaria's Foreign Currency

Japan Credit Rating Agency has affirmed the BBB rating on Bulgaria's long-term foreign currency and BBB+ for long-term local currency debts. The outlooks are revised from Stable to Positive.

Business | July 22, 2006, Saturday // 00:00 | Viewed: 975

UK Rolls out Ads for Bulgarian Holiday Compensations

British solicitors have embarked on a warning campaign, targeting grumpy tourists who have spent their summer vacation in Bulgaria.

Business | July 22, 2006, Saturday // 00:00 | Viewed: 1530

No-Frills Wizz Air Expands Airbus Fleet

London-registered low cost carrier Wizz Air, the first no-frills carrier to enter the Bulgarian market, will increase its all-Airbus fleet with 20 new A320s. The order was signed at Farnborough Airshow, England, the company announced.

Business | July 22, 2006, Saturday // 00:00 | Viewed: 1467

Bulgaria's Capital, Seaside Top Property Prices

Bulgaria's real estate prices are highest in capital Sofia and in the main coastal cities, Varna and Burgas. Data by the National Statistical Instituite has shown that the average property prices in the country have increased in the second quarter of the

Business | July 21, 2006, Friday // 00:00 | Viewed: 1511

EUR 4 M Car Center Opens in Bulgaria's Plovdiv

Bulgaria's second largest city, Plovdiv, saw Friday the opening of a large car center for Mercedes-Benz, Chrysler, Jeep, Mitsubishi, Dodge and Setra. The Balkan Star European-standard spot boast a total area of 44,000 square meters, and offers sales and

Business | July 21, 2006, Friday // 00:00 | Viewed: 1691

German Supermarket Chain To Step in Bulgaria

After Billa, Carrefour, Kaufland, Hit and Metro targeted Bulgarian customers, Germany's supermarket chain Plus is also eyeing the Balkan country, reports say. The Plus chain, owned by the Tengelmann Group, will enter Bulgaria's market with the help of lo

Business | July 21, 2006, Friday // 00:00 | Viewed: 2701

Bulgarian Seaside Resort Introduces Trash Separation

Bulgaria's northern seaside resort of Albena is entering a new era in collecting trash Friday, when everyone should start separating their trash and put paper with paper and glass with glass.

Business | July 21, 2006, Friday // 00:00 | Viewed: 1082

Carrefour Eyes Outlet Network in Bulgaria

Europe's largest retailer Carrefour plans to establish a large netowork of outlets across Bulgaria, the company announced Thursday.

Business | July 20, 2006, Thursday // 00:00 | Viewed: 2138

Sofia Seals Upped Minimal Pension at EUR 43

The government approved Thursday an amendment to monthly pensions in Bulgaria, varying between 4 and 5%. In the end of June lawmakers decided that minimal pension in Bulgaria will go up by 14.

Business | July 20, 2006, Thursday // 00:00 | Viewed: 881

Bulgarian Hospitals Reduce Debts

Bulgaria's Health Minister Radoslav Gaydarski announced in a report Thursday that the debts of state-owned hospitals have dwindled by 6% during the first five months of 2006. Hospitals all over the country owe over EUR 41 M in total for medicines, and EU

Business | July 20, 2006, Thursday // 00:00 | Viewed: 740

Bulgaria Fails to Cut Taxes on Books

Bulgarian lawmakers rejected the suggested 7% amendment of the value added tax (VAT) imposed on books.

Business | July 20, 2006, Thursday // 00:00 | Viewed: 808

Bulgarian Companies to Bid in NATO Air Programme

Bulgarian companies may participate in an international tender under NATO Security Investment Programme for rehabilitation of taxi runaways of an air force facility in Germany, the Economy and Energy Ministry invited Thursday. Bidders must hand in writte

Business | July 20, 2006, Thursday // 00:00 | Viewed: 799
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