Business

Stoitchkov Sets Sights on Bulgaria's Tourism

The coach of the Bulgarian national football team is set to get involved in the tourism business. Hristo Stoitchkov plans to construct a resort near the picturesque Rajkovski livadi region, in close proximity to Pamporovo international mountain resort an

Business | July 21, 2005, Thursday // 00:00 | Viewed: 907

Plama Pleven Oil Refinery Bankrupts 2nd Time

The oil refinery Plama Pleven was declared bankrupt for the second time, media reported. Pleven-based petroleum refinery Plama, bankrupted back in 1998 when a reviving plan was implemented and the company was stabilized, but under the new regulations suc

Business | July 20, 2005, Wednesday // 00:00 | Viewed: 6103

Siemens to Build Postal Center in Sofia

Siemens has signed a deal with Bulgarian Post Offices for establishing a postal sorting center in Sofia.

Business | July 20, 2005, Wednesday // 00:00 | Viewed: 2166

Bulgaria Sets 30 New Firms Going

Thirty small companies will make their first steps in Bulgaria, after receiving special aid from the Economy Ministry. The enterprises won the first round of Project 100 - an EUR 1 M initiative launched to stimulate small businesses in the country.

Business | July 20, 2005, Wednesday // 00:00 | Viewed: 726

State Urges Promising Business Projects

Bulgaria's most promising future entrepreneurs are to be granted Wednesday free funding under a state project.

Business | July 20, 2005, Wednesday // 00:00 | Viewed: 689

Two Bidders Enter 2nd Stage of Belene Nuke Tender

Two companies - a Czech and a Russian consortiums - have successfully passed the first stage of the tender for the construction of the Belene nuclear power plant. The two consortiums - one led by the Czech Skoda and another by Russia's Atomstroyexport -

Business | July 19, 2005, Tuesday // 00:00 | Viewed: 1300

Bulgaria-Made Ferry on Pioneer Trip

A new ferry with an original Bulgarian construction was presented on Tuesday in the Black Sea city Burgas. The ferry is the second vessel of a special series produced for the Latvian port Klaipeda.

Business | July 19, 2005, Tuesday // 00:00 | Viewed: 1058

Bulgaria Ready with CD-Rom Presentation

A CD-Rom presentation of Bulgaria with 3,000 photos and tens of video clips was officially presented Tuesday. The "Bulgaria CD-Rom" project aims to present Bulgaria's cultural, political and business background and current trends.

Business | July 19, 2005, Tuesday // 00:00 | Viewed: 1098

Bulgaria's New Wheat "Enough"

This-year grain crops will be enough for meeting market, sowing and state reserve needs, according to Bulgarian experts. There will be no grain crisis in Bulgaria, since the quantity of high-quality wheat expected is enough, said Gen.

Business | July 19, 2005, Tuesday // 00:00 | Viewed: 681

Court Grants Bulgarian Telco GSM License

Bulgaria's Supreme Administrative Court has approved the decision to grant the Bulgarian Telecommunications Company (BTC) a GSM license without a tender or a competition.

Business | July 18, 2005, Monday // 00:00 | Viewed: 1074

Bulgaria Presses against Money Exchange Fiddles

Police in the Bulgarian have imposed sanctions on a number of currency exchange bureaus. The places were found to violate a recently-passed law against frauds.

Business | July 18, 2005, Monday // 00:00 | Viewed: 1197

Romania Far Behind Bulgarian Tourism - Report

The number of tourists that visit Bulgaria is three times more than in Romania, a newspaper said Monday. Romania's Tourism Ministry expects 140,000 international holidaymakers at the country's seaside this summer.

Business | July 18, 2005, Monday // 00:00 | Viewed: 2141

Bulgaria Air Earns German Railway Extras

Bulgaria Air has contracted the German state railway service, providing transportation extras for passengers. The clients of the Bulgarian flag carrier who travel to Germany will be able to travel by train for free to their exact destination in the count

Business | July 18, 2005, Monday // 00:00 | Viewed: 1273

State: Bulgaria Will Evade Grain Import

Bulgaria will not have to import wheat from abroad, according to the Deputy Agriculture Minister Boyko Boev.

Business | July 17, 2005, Sunday // 00:00 | Viewed: 591

Spain Recruits Bulgarian Drivers

The Bulgarian Employment Agency has announced a recruitment campaign for Bulgarian men and women willing to work in Spain as drivers.

Business | July 16, 2005, Saturday // 00:00 | Viewed: 1579

Bulgaria Cracks Down on Money Exchange Scams

Exchange bureaux have been banned to display the rates of the Bulgarian Central Bank in the latest crackdown on money exchange scams.

Business | July 16, 2005, Saturday // 00:00 | Viewed: 1291

Sofia News Agency Nails 50,000 News Pieces

Sofia News Agency, the biggest news provider in English in Bulgaria, extended its stock of news pieces up to 50,000, months after stepping into its fourth year.

Business | July 15, 2005, Friday // 00:00 | Viewed: 1094

Mobiltel Plans Bonds Buyback

Following the acquisition of Bulgarian mobile operator Mobiltel, Telekom Austria plans to buy back the unpaid bond the firm issued in November 2004. The buyback has been scheduled for August 2005, the mobile operator announced on Friday.

Business | July 15, 2005, Friday // 00:00 | Viewed: 638

German Outcast Bidder Challenges Bulgarian Film Center Sale

Bavaria Film, an outcast bidders in the tender for the sale of Bulgaria's state film center Boyana Film, appealed the final results in the tender. In the middle of June Bulgaria's sale body selected US movie company Nu Image as the buyer of 95% stake in

Business | July 15, 2005, Friday // 00:00 | Viewed: 928

Bulgaria Elects New IT Management

The head of Comel Soft Multimedia, Zlatko Zlatkov, is the new chairman of the Bulgarian Association of Internet Technologies (BAIT). A new managing committee was also formed.

Business | July 15, 2005, Friday // 00:00 | Viewed: 900

Greek Piraeus Acquisition in Bulgaria Changes Name

Bulgaria's Eurobank changed its name to Piraeus Eurobank in the wake of the acquisition of a 99.66% stake by its Greek peer Piraeus Bank.

Business | July 15, 2005, Friday // 00:00 | Viewed: 657
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