Business

EBRD May Invest EUR 40 M in Bulgaria's Black Sea Airports

The European Bank for Reconstruction and Development plans to invest up to EUR 40 M in Bulgaria's two Black Sea airports once courts clear controversies over their concessions.

Business | November 22, 2005, Tuesday // 00:00 | Viewed: 752

Investors: Bulgaria Set to Outpace Hungary, Poland

Investors are turning to Bulgaria, Romania and Croatia in expectance of their forthcoming EU entry, but some remain sceptical due to poor management and vulnerability to foreign competitors, according to the Bloomberg agency.

Business | November 22, 2005, Tuesday // 00:00 | Viewed: 1465

Regulator: Bulgaria's Telco Hinders Competition

The Communications Regulation Commission (CRC) claims that Bulgaria's Telecommunication Company (BTC) is attempting to slow down the competition in the sector.

Business | November 22, 2005, Tuesday // 00:00 | Viewed: 646

Burgas, Sofia are Bulgaria's Busiest House Builders

Bulgaria's seaside city of Burgas has the highest number of fresh construction sites over the third quarter of the year, official data shows.

Business | November 22, 2005, Tuesday // 00:00 | Viewed: 713

Bulgarian Firms Willing to "Import Workers"

Two Bulgarian companies are willing to bring in employees from the Philippines and Vietnam, press reports said Tuesday. The investors, working in the textile industry, were finding it hard to recruit Bulgarian workers, despite high jobless rates.

Business | November 22, 2005, Tuesday // 00:00 | Viewed: 814

Belgium, Bulgaria Enlarge Transport Cooperation

Belgium and Bulgaria have pledged to work for deepening the cooperation on bilateral level in the field of transport. On Monday, Transport Minister Peter Mutafchiev and his Belgian counterpart Renat Landuit signed an intergovernmental Agreement on Intern

Business | November 21, 2005, Monday // 00:00 | Viewed: 995

Nu Image Accuses Bulgaria's Sale-off Chief in Boyana Deal Delay

US movie maker Nu Image has lodged a claim with Bulgarian Prosecution Office accusing the country's privatization agency head of deliberately delaying the sale of Boyana Film Centre. "Nu Image has approached the prosecutors about the failure of the priva

Business | November 21, 2005, Monday // 00:00 | Viewed: 680

EBRD Investments in Bulgaria Top EUR 1 B

The European Bank for Reconstruction and Development has invested EUR 1 B in Bulgaria, it emerged at a meeting of Prime Minister Sergey Stanishev with Olivier Descamps, Director for Southern and Eastern Europe and the Caucasus. The bank has assisted in a

Business | November 21, 2005, Monday // 00:00 | Viewed: 914

Bulgarian Telco Boosts Benefits for Disabled

Bulgaria's fixed line carrier has added 40 minutes of free calls to its special package for disabled people. Those with a labour capacity less than 9% will benefit from the fresh offer, as of the beginning of December.

Business | November 21, 2005, Monday // 00:00 | Viewed: 873

Luxurious Golf Course Started at Bulgaria's Seaside

A new, luxurious golf complex will be built near the town of Kableshkovo at Bulgaria's seaside.

Business | November 21, 2005, Monday // 00:00 | Viewed: 1615

Nu Image Approaches Chief Prosecutor over Filmcenter Deal

Nu Image, the approved bidder for the privatization of the Bulgarian film center "Boyana" has approached the Supreme Prosecutor's Office and Chief Prosecutor Nikola Filchev over the work of the Privatization Agency in the deal. The selected bidder claims

Business | November 20, 2005, Sunday // 00:00 | Viewed: 657

Danube Bridge 2 Boasts Construction Permit

Deputy Regional Development Minister Savin Kovachev handed the second Danube River Bridge construction permit to Transport Minister Petar Mutafchiev thus opening the way for the beginning of the construction works. The construction of the bridge, however

Business | November 20, 2005, Sunday // 00:00 | Viewed: 1654

Bulgaria's FinMin Uncertain over Bonus Salaries

Bulgaria's Finance Minister Plamen Oresharski could not confirm whether state employees would receive a bonus salary at the end of the year. I wish we could afford bonus salaries, but unfortunately there is a BGN 0,5 deficit in the budget, Oresharski sai

Business | November 20, 2005, Sunday // 00:00 | Viewed: 682

Bulgarian Tour Operator Awarded at World Travel Market Expo

Bulgarian tour operator "Balkan Holidays" has been awarded at the World Travel Market expo held in London. The company was awarded in two categories "Tour operators for European destinations" and "Best tour operator for Central and Eastern Europe.

Business | November 19, 2005, Saturday // 00:00 | Viewed: 832

"Made in Bulgaria" Expo Gathers Speed in Sofia

Sofia's National Palace of Culture became a really busy shopping spot as Sofia citizens stormed it Saturday to see the offers at the Made in Bulgaria expo. The event, which opened Friday, offers products by more than 450 local light industry firms.

Business | November 19, 2005, Saturday // 00:00 | Viewed: 1153

IMF Boasts Good Bulgarian Practice

Bulgaria is a country of good records and sets an example of success to be quoted as good practices of the IMF.

Business | November 18, 2005, Friday // 00:00 | Viewed: 859

New Receivables Chief Vows Fight Against Financial Frauds

The new chief of the State Receivables Agency has pledged to step up the fight against financial frauds committed by firms. Ventsislava Petkova was also assertive in the good will of her team to improve the receivables capacity of the Agency.

Business | November 18, 2005, Friday // 00:00 | Viewed: 1032

Bulgaria with "Clear Strategy" over Iraqi Debt

Bulgaria's Finance Ministry has clear strategy on how to protect the country's interest in the issue over the Iraqi debt, Finance Minister Plamen Oresharski said in Parliament. The first step in that strategy is to specify the amount of the debt.

Business | November 18, 2005, Friday // 00:00 | Viewed: 2912

Ealing Studios Want Bulgarian Filmcenter on Concession

UK Ealing Studios, one of the outcast bidders in the sale of Bulgaria's Boyana film center, is offering to take on concession the Boyana Film Center, in view of the latest development in the privatization deal. The offering was made in an open letter to

Business | November 18, 2005, Friday // 00:00 | Viewed: 1108

"Made in Bulgaria" Shopping Hotspot Opens

Sofia's National Palace of Culture is turning into a busy shopping spot for a week, with the Made in Bulgaria expo. The event, which opens Friday, will offer products by more than 450 local light industry firms.

Business | November 18, 2005, Friday // 00:00 | Viewed: 778

Bulgarian Industry Chamber Gives out Centenary Awards

On the occasion of 110 years since its establishment the Bulgarian Trade and Industry Chamber gave out its annual awards.

Business | November 18, 2005, Friday // 00:00 | Viewed: 1097
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