Business

Copenhagen Airports Ready for New Talks with Bulgaria

The decision of Bulgaria's Supreme Administrative Court leaves open the issue about the concession of Bulgaria's coastal airports in Varna and Burgas and may lead to a serious delay in their expansion and modernization, says a statement of Copenhagen Airp

Business | January 29, 2006, Sunday // 00:00 | Viewed: 916

Bulgaria's Hebros Leasing, EBRD Sign EUR 5 M Credit Line

The European Bank for Reconstruction and Development (EBRD) will extend a 5 million euro credit line under the EU/SME Finance Facility. The credit line is accompanied by performance fee and TC budget financed by the EC Phare Programme.

Business | January 29, 2006, Sunday // 00:00 | Viewed: 1030

Bulgaria "Pleasant Surprise for Skiers"

Bulgaria is a pleasant surprise for skiers, the Romanian Cotidianul newspaper says in an article published Saturday.

Business | January 28, 2006, Saturday // 00:00 | Viewed: 1270

Standard & Poor's Ups Plovdiv Credit Rating

International rating agency Standard & Poor's has upped the credit rating of Bulgaria's second city of Plovdiv during its annual review.

Business | January 28, 2006, Saturday // 00:00 | Viewed: 1292

Bulgarian Minister To Attend Microsoft Forum

Bulgaria's State Administration Minister Nikolay Vassilev has been invited to partake in the annual Microsoft Government Leaders' Forum in Lisbon.

Business | January 28, 2006, Saturday // 00:00 | Viewed: 661

Bulgaria Starts Planning Budget 2007

Prime Minister Sergey Stanishev announced that Bulgaria would launch the budget procedure for 2007 in the following week. Socialist leader Sttanishev announced the Cabinet's decision after the governmental meeting at the mountain resort in Borovets that

Business | January 28, 2006, Saturday // 00:00 | Viewed: 665

Sofia Opens Tow-Truck Hotline

Sofia will open a hotline allowing people to voice their concerns with the work of the municipality-owned company "Parkings and Garages" on February 1. Everybody who feels that the company's employees have committed violations can call 983 67 82 and aler

Business | January 28, 2006, Saturday // 00:00 | Viewed: 1054

Court Halts Bulgarian Coastal Airports Concession Deal

A five-member-panel of Bulgaria's Supreme Administrative Court (SAC) halted the concession agreement between Bulgaria and the picked investor for Bulgarian coastal airports in Varna and Burgas - Copenhagen Airports AS. The decision taken at a Friday sess

Business | January 27, 2006, Friday // 00:00 | Viewed: 719

Reader's Digest Announced Expansion to Bulgaria

Reader's Digest Association Inc., publisher of one of the most widely circulated general interest magazines, officially declared its expansion to Bulgaria and three other countries.

Business | January 27, 2006, Friday // 00:00 | Viewed: 3365

Bulgaria's Banking System with Increased Revenues

Bulgaria's banking system has registered revenues of BGN 600 M for 2005, Central Bank Governor Ivan Iskrov revealed. In an interview for local Darik radio Iskrov explained that despite the limitation of the credit practices the banks in Bulgaria have reg

Business | January 27, 2006, Friday // 00:00 | Viewed: 563

Bulgarian, Foreign Hostages in Nigeria "Won't be Released Soon"

The Nigerian militants holding four hostages, including Bulgarian Milko Nichev, announced that they are not planning to release them any time soon and threatened a second wave of violence. In an email sent to journalists the abductors threatened with a n

Business | January 27, 2006, Friday // 00:00 | Viewed: 1418

Gazprom Wants Bulgarian Gas Contract Changed

Russian gas monopolist Gazprom has sent a new letter calling for changes in the contract signed with Bulgaria. Bulgaria's Economy and Energy Minister Rumen Ovcharov explained that in its letter to Bulgargaz of January 26, Gazprom does not bind negotiatio

Business | January 27, 2006, Friday // 00:00 | Viewed: 1217

Bulgaria Cuts Electricity to Kremikovtzi Plant

Sofia-based metallurgical plant Kremikovtzi will be left without electricity, the National Electrical Company (NEC) alarmed Friday.

Business | January 27, 2006, Friday // 00:00 | Viewed: 638

US Agency Assists Bulgaria's First Commercial Wind Farm

The US Trade and Development Agency (USTDA) awarded a USD 36,000 grant to assist the municipality of Karlovo in Bulgaria in obtaining a credit rating for its pilot wind farm project.

Business | January 27, 2006, Friday // 00:00 | Viewed: 725

VAT in Bulgaria May Drop To 18%

Bulgaria's government is thinking of dwindling the VAT to 18% in 2008, Finance Minister Plamen Oresharski, has said in an interview. Bringing down the tax, depended on the condition of the tax system, Oresharski told local Darik radio.

Business | January 27, 2006, Friday // 00:00 | Viewed: 664

Bulgaria Needs Belene Nuke - Minister

Building new nuclear power plant in Belene, in the north of Bulgaria, is necessary considering the country's need of energy resources, Economy and Energy Minister Rumen Ovcharov said Friday. Ovcharov, who sp?ke before Parliament, explained that the growi

Business | January 27, 2006, Friday // 00:00 | Viewed: 1319

Bulgaria May Abolish VAT Accounts for Companies

Bulgaria's Finance Ministry is thinking about abolishing the VAT accounts, that companies had to transfer any VAT larger than EUR 500 into, Deputy Finance Minister Georgi Kadiev announced Thursday. During the meeting of the Parliamentary Commission for f

Business | January 26, 2006, Thursday // 00:00 | Viewed: 796

Microsoft Opens Access to Source Codes

Microsoft have announced that they will open part of the Windows operating system source code for their competitors to fiddle with, the BBC has reported. The software giant's move comes as a direct result of the 2004 European Commission anti-trust ruling

Business | January 26, 2006, Thursday // 00:00 | Viewed: 981

Deadline for Replacing Bulgarian Licence Plates Negotiable

The deadline for exchanging the old license plates that do not comply with EU standards, will most likely be extended, socialist MPs predicted in an interview.

Business | January 26, 2006, Thursday // 00:00 | Viewed: 596

Austrian Company Eyes Bulgarian Cigarettes Packaging Factory

Austrian Mayr-Melnhof Karton has declared its interest in the privatization of Yurii Gagarin BT, Plovdiv. The news was broken by the CEO of the Austrian company Wilhelm Hormanseder after his meeting with Hristo Lachev, executive director of Bulgaria's to

Business | January 26, 2006, Thursday // 00:00 | Viewed: 888

BA Flies from Bulgaria's Black Sea to London for EUR 150

British Airways will launch regular flights from Bulgaria's Black Sea city of Varna to London March 29.

Business | January 26, 2006, Thursday // 00:00 | Viewed: 1010
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