Business

Tobacco Companies Banned from Ads Sponsorship

Tobacco producers and merchants have been banned from sponsoring TV and radio programs under amendments that parliament approved Thursday.

Business | July 20, 2006, Thursday // 00:00 | Viewed: 1140

Philip Morris Steps in Bulgaria with 2 Cigarette Brands

Leading tobacco corporation Philip Morris are launching sales in Bulgaria, they announced Thursday. Marlboro and Parliament will be the first two brands to represent Philip Morris Bulgaria EOOD on the market.

Business | July 20, 2006, Thursday // 00:00 | Viewed: 9149

6 Prospective Buyers for Bulgaria Air

Six prospective buyers, including a bank and two European airlines, have bought tender documents for the privatisation of the national flag-carrier Bulgaria Air. This emerged after the Privatisation Agency disclosed the companies that purchased documents

Business | July 20, 2006, Thursday // 00:00 | Viewed: 1050

EUR 2 M AquaLand Opens in Bulgarian City

Bulgaria's second largest city will soon enjoy the cool splashes of adrenaline in its own aqua park, media reported. The EUR 2 M AquaLand opens in Plovdiv next month.

Business | July 19, 2006, Wednesday // 00:00 | Viewed: 3498

Bulgarians Seaside Pearl "Lacking Publicity"

Bulgaria's picturesque resort of Nessebar is not being promoted well enough, a local tourism professional has said. Celebrities need to be brought to the place to draw attention, suggested Chavdar Alexandrov, head of the Association for Encouraging Forei

Business | July 19, 2006, Wednesday // 00:00 | Viewed: 1125

Beer Consumption in Bulgaria Up by 11% H1

A total of 2, 225 million hectolitres of beer has been consumed in Bulgaria for the first half of 2006, up by 11 % over the same period last year, data shows.

Business | July 19, 2006, Wednesday // 00:00 | Viewed: 901

Gates Open for Private Entry into Sewage Business

Bulgaria has signed a document envisioning eased access for private business to set partnerships in the sewage and water sector.

Business | July 19, 2006, Wednesday // 00:00 | Viewed: 780

Bulgaria Fuel Prices Up Again

After a series of hikes, the latest at the end of June, ??il- refinery LukOil Neftochim has decided to raise the prices of fuel once again as of July 19 due to dynamics in the market, the company announced. Caused by the crisis in the Middle East raw pet

Business | July 19, 2006, Wednesday // 00:00 | Viewed: 929

Bulgarian Telco Reshuffles CEO

The Bulgarian Telecommunications Company (BTC) has announced a key reshuffle as Martin Staub replaces Denis Wallach as CEO.

Business | July 19, 2006, Wednesday // 00:00 | Viewed: 1016

Bulgaria to Build Timber-Fuelled Heating Plant

Bulgaria's skiing hotspot of Bansko is launching the building of the country's first timber-fuelled heating plant, reports said. The plant, which will be operational by the end of 2006, would offer the cheapest heating in the country.

Business | July 18, 2006, Tuesday // 00:00 | Viewed: 1187

Power Plant Bidders Disappoint Bulgaria

Financial parameters offered by the two bidders to build Bulgaria's Belene nuclear plant have emerged as unacceptable. Timelines and technical parameters suggested by Czech company Skoda Alliance and Russia's Atomstroiexport aren't satisfactory either, B

Business | July 18, 2006, Tuesday // 00:00 | Viewed: 1449

Bulgaria's Albena Welcomes More Russians, Romanians, Scandinavians

Nearly 16,000 tourists are currently on a holiday in the pearl of the Bulgarian northern Black sea, the resort of Albena, which is up by 5 % compared to the last year. This was announced by Elena Georgieva "Marketing and sales" head for the local newspap

Business | July 18, 2006, Tuesday // 00:00 | Viewed: 1517

3 Companies Eye Bulgaria Air - Report

Three companies have declared interest in the privatisation of Bulgaria's flag carrier, media reported July 18 as the deadline for entering the first stage of the sale expired. Bulgaria's private air carrier Hemus Air, Greek-American consortium York Capi

Business | July 18, 2006, Tuesday // 00:00 | Viewed: 4143

HVB Bank Biochim Tops Euromoney Rankings

HVB Bank Biochim, a member of UniCredit Group, was named Best Bank in Bulgaria 2006 in the prestigious annual Euromoney Awards for Excellence.

Business | July 17, 2006, Monday // 00:00 | Viewed: 1224

EUR 843,000 Invested in Varna Airport

Since the beginning of 2006 over EUR 843,000 has been invested in the airport of Varna, the facility's head Yanko Yankov has announced. The Airport opened a new, fifth terminal on Monday, welcoming passengers flying from Moscow.

Business | July 17, 2006, Monday // 00:00 | Viewed: 1326

Bulgarian Resorts Sport International Credit Rating

International credit agency Global Ratings presented Bulgarian resorts with certificates for short- term and long- term credit rating, which is considered to be an important guide for local and foreign investors.

Business | July 17, 2006, Monday // 00:00 | Viewed: 1271

Sunday Times: Beware of Properties at Bulgaria's Seaside

Acquiring a property at Bulgaria's seaside may turn out a foolish investment, Britain's Sunday Times warns local buyers in an article titles "Bulgaria? Beware". Consequences of Bulgaria's property boom are starting to show, and they aren't pretty, the ar

Business | July 17, 2006, Monday // 00:00 | Viewed: 2383

New Zealand Looks up to Young Bulgarian Hospitality Worker

Having sufficient well-trained and professional staff is critical to New Zealand tourism, New Zealand Herald said, citing as an example Bulgarian-born Stela Minkovska. "The tourism industry is hoping for 100,000 workers like Minkovska to help fill a shor

Business | July 17, 2006, Monday // 00:00 | Viewed: 1283

Bulgarian Town Invites Michael Jackson to Stay

Governors of the small town of Nessebar have decided to invite megastar Michael Jackson to settle with them. The motion came after reports that the star is looking for a site in Europe to stay permanently.

Business | July 16, 2006, Sunday // 00:00 | Viewed: 3193

Burgas Airport Boasts 25 Pct More Passengers

In the first half of 2006 Burgas Airport, on the Black Sea, has administered 12% more airplanes compared to 2005, the company announced.

Business | July 16, 2006, Sunday // 00:00 | Viewed: 957

Hike Baked for Sofia Water, Investments Promised

After electricity and heating distributors, the water concessionaire for Sofia city has tabled at the state regulator a schedule to increase prices.

Business | July 16, 2006, Sunday // 00:00 | Viewed: 1175
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