Business

5 Bidders Confirm Interest in Bulgarian Airport Concession

All five candidates, which were shortlisted last December as bidders in the tender to run and modernize the airports in Bulgaria's coastal cities of Varna and Burgas, have confirmed their further participation in the procedure, local Pari Daily reported.

Business | February 8, 2005, Tuesday // 00:00 | Viewed: 1094

LukOil Halts Supply to Bulgaria's Leading Fuel Retailer

LukOil oil giant has suspended the supply of fuel to the country's leading fuel retailer Petrol Holding due to outstanding liabilities, worth over BGN 35 M.

Business | February 7, 2005, Monday // 00:00 | Viewed: 851

Price of Bulgaria's Tobacco Giant Shares Up

The price of the shares of Bulgaria's tobacco monopoly Bulgartabac have gone up by 5.25%, representatives of the Bulgarian Stock Exchange announced.

Business | February 7, 2005, Monday // 00:00 | Viewed: 1031

UK Fund Mitigates Taxes for Bulgarian Property Investments

A new investment fund promises to mitigate inheritance tax bills while taking a punt on the Bulgarian property market, the UK newspaper Daily Telegraph reported.

Business | February 7, 2005, Monday // 00:00 | Viewed: 1678

Fuel Distributor Expands Network in Bulgaria

A new fuel station has started operating next door to Sofia Land as part of the fuel chain EKO-Elda Bulgaria.

Business | February 6, 2005, Sunday // 00:00 | Viewed: 1308

Bulgarian Railways Face More Private Competition

Bulgarian state railways (BDZ) may face more private competition as a Bulgarian-Romanian consortium has applied for a cargo transport license with Bulgarian Transport Ministry. The Bulgarian Railways Company (BRC) was registered last November and compris

Business | February 6, 2005, Sunday // 00:00 | Viewed: 986

Bulgarian Job-Hunters in Italy on Par with EU Citizens

Bulgarians can compete for Italy's quota of 25,000 legal seasonal workers on an equal footing with applicants from European Union member states, Italy's Embassy in Sofia said.

Business | February 4, 2005, Friday // 00:00 | Viewed: 1075

Tobacco Shares Regain Up-Trend

After the collapse of tobacco monopoly privatisation deal and the follow-up slide of Bulgartabac's indexes on the Stock Exchange, the traded stock of the holding regained partially its price as of last week. The shares of the well-positioned factories in

Business | February 4, 2005, Friday // 00:00 | Viewed: 1219

Agra Expo 2005 Offers Venue to 600 Firms

The International Fair-Plovdiv expects to gather nearly 600 companies from 33 countries at the international agriculture expo AGRA 2005 to take place February 22-26. More than a third of the enrolled participants - 256 - are from Bulgaria and the mostly

Business | February 4, 2005, Friday // 00:00 | Viewed: 860

EIB Plans to Lend Record-High EUR 45 B to East Europe

The European Investment Bank plans to increase its loan portfolio this year to a record high of EUR 45 B and to take greater risks in its lending strategy, The Guardian reported Friday, citing the bank's president Philippe Maystadt. Maystadt said the EIB

Business | February 4, 2005, Friday // 00:00 | Viewed: 875

Varna West Port Scheduled for Concession

The concessionaire to run the new liquid chemicals terminal of the Bulgarian Black Sea port Varna will have to invest BGN 16 M in the facility, the government decided. The investment will have to be made in the first three years of the 35-year concession

Business | February 4, 2005, Friday // 00:00 | Viewed: 806

Bulgaria Becomes Hot Spot to "Museum" Tourists

Tourists visiting historical spots and museums spend in Bulgaria 100 times more money than those having their holidays on the seaside, the Deputy Chief of the Alternative Association Tourism Blagovest Lafterov said. The keen mountain and museum tourists

Business | February 4, 2005, Friday // 00:00 | Viewed: 1626

Investments in Bulgaria's Energy Up

Investments in Bulgaria's energy sector have gone up nearly six times over the last four years, Bulgaria's Energy Ministry announced on Thursday. A specially prepared study underlined that the increase was due to the positive reforms in the financial hea

Business | February 3, 2005, Thursday // 00:00 | Viewed: 770

UK Ealing Studios Confirms Bulgarian Film Center Commitment

Ealing Studios, one of the four shortlisted bidders in the sale of the state film production center, confirmed Thursday it submitted its comments on the proposed documentation for the acquisition of Boyana Studios before the deadline of 20 January. Ealin

Business | February 3, 2005, Thursday // 00:00 | Viewed: 967

Home Used Fuels with Lower Excise Duty

Fuels used for home and agriculture purposes will be imposed with lower excise duties compared to those for transport needs, according to a new bill on excise duties approved by the Cabinet. Liquid fuels, including gasoline, kerosene and propane butane w

Business | February 3, 2005, Thursday // 00:00 | Viewed: 724

Cisco Shoulders SMEs by New Marketing Campaign

Cisco Systems has launched a new campaign under the motto "I want my business be more adaptive" to help small and medium size enterprises in Bulgaria optimise their communications expenditure. To this purpose the Bulgaria-based arm of the company has cre

Business | February 3, 2005, Thursday // 00:00 | Viewed: 924

Romania's Biggest Bank Sold 2006

Romania considers the completion of the sale of its biggest financial institution Banca Comerciala Romana by the first quarter of next year. Several major banks have declared their interest in acquiring Banca Comerciala Romana, Prime Minister Calin Popes

Business | February 3, 2005, Thursday // 00:00 | Viewed: 1280

Swiss Barclays Buys 10% in Bulgarian Telco

Swiss Barclays bank has acquired 10.08% stake in the Bulgarian Telecommunications Company, shows the latest edition of the Central Depository, released days after the bidding for state-owned stake in BTC started on the non-cash segment of the Bulgarian bo

Business | February 3, 2005, Thursday // 00:00 | Viewed: 1041

Mega Borovets Project Gets Go-Ahead

The concept for the construction of Super Borovets has received a greenlight from the Sofia Governor and the members of the special working group dealing with the mega project. The concept outlining the strategy of development of Samokov Municipality and

Business | February 2, 2005, Wednesday // 00:00 | Viewed: 1115

Bulgaria Enchants Danish Tourists

Bulgaria has participated for a fourth successive year in the international tourism expo Ferie 2005, which took place in Copenhagen January 28-30. The nation's stand spreading at 18 sq m exhibited a large portfolio of products including sea and winter ho

Business | February 2, 2005, Wednesday // 00:00 | Viewed: 1092

Bulgaria's Govt Scraps Boeing Tender

The government suspended the tender for leasing a Boeing 737-500 due to the high price of the sole bid offered.

Business | February 2, 2005, Wednesday // 00:00 | Viewed: 1871
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