Business

Brazil Invited to Bulgarian Shoemaking

Bulgarian top delegates have invited the Brazilian business to explore the shoemaking industry in Bulgaria. According to Bulgaria's Economy Minister Lidia Shuleva, Brazil's entrepreneurs could benefit from the Bulgarian shoemaking potential.

Business | January 23, 2005, Sunday // 00:00 | Viewed: 861

Bulgarian Agriculture Part of Berlin Forum

The ownership of Bulgarian agricultural land was discussed during a forum in Berlin on Saturday, media said. Bulgaria's deputy agriculture minister took part in the special expo.

Business | January 22, 2005, Saturday // 00:00 | Viewed: 631

SMS Option for Stationary Phones in Bulgaria

Bulgaria's former state telecom BTC is planning to introduce sms option for stationary phones, the company's CEO was cited as saying. In the words of William Aylward, BTC clients would also be able to use voicemail and recognize caller's ID.

Business | January 22, 2005, Saturday // 00:00 | Viewed: 702

Bulgaria Starts Filmmaking Revival Campaign

Bulgaria is planning a series of events throughout 2005 aimed at stimulating the local filmmaking business, it was announced Saturday. The campaign includes extra time dedicated to Bulgarian films on the state Bulgarian National television, as well as th

Business | January 22, 2005, Saturday // 00:00 | Viewed: 677

Siemens Enter Joint Venture in Bulgaria

German engineering giant Siemens and Bulgaria's state railway service will build together a plant in Varna, Bulgaria's main city on the Black Sea coast. The plant will fit together and provide maintenance for the new diesel trains provided by Siemens for

Business | January 22, 2005, Saturday // 00:00 | Viewed: 1122

One Investor Interested in Bulgarian Repair Group

Only one investor has applied to participate in the privatization of eight Bulgarian military plants of Terem repair group, the country's Privatization Agency was quoted by the financial news provider Forbes. The only candidate that submitted documents f

Business | January 21, 2005, Friday // 00:00 | Viewed: 786

Bulgarian Telco Shares on Sale Early Dawn

The sale of BTC's 34.78% stake on the Sofia Stock Exchange will start early in the morning on January 27, with brokers beginning to accept offers at 6 a.

Business | January 21, 2005, Friday // 00:00 | Viewed: 638

Nine Resorts on Bulgaria's Representative List

Nine coastal and mountainous resorts have entered the list of villages of national significance approved by the government. The Black Sea's Albena, Golden Sands, Sts.

Business | January 21, 2005, Friday // 00:00 | Viewed: 907

Bulgarian Real Estate Prices Continue to Grow

Bulgarian real estate prices have increased by 11% over October - December last year as compared to the previous trimester, official data showed Friday. That percentage was 3.

Business | January 21, 2005, Friday // 00:00 | Viewed: 945

Maxim Behar Awarded for Business Communications Contribution

Sofia News Agency Publisher Maxim Behar was officially recognised Thursday for his contribution to development of Bulgarian business communications receiving the special award of Mr/Mrs Economy annual contest. This year the same award went also to Peter

Business | January 20, 2005, Thursday // 00:00 | Viewed: 925

IMF Goes Soft on Bulgaria's PIP Company, Frowns on Budget

The International Monetary Fund is willing to step back and recognize the Public Investment Projects (PIP), a company that the Bulgarian government created in late 2004 to assist infrastructure projects, according to the finance minister.

Business | January 20, 2005, Thursday // 00:00 | Viewed: 772

Bulgarian Tobacco Plant Ceases Cigarette Production

The government decided Thursday to take away the one-year cigarette-production license of Vidin-BT AD tobacco factory. The move was adopted in observance of all legal provisions and procedures after the plant was incorporated for insolvency proceedings i

Business | January 20, 2005, Thursday // 00:00 | Viewed: 1367

Bulgarian MPs Approve 25% Minimal Salary Raise

The minimal salary in Bulgaria is to be increased from BGN 120 to BGN 150 starting January 2005, the Parliament decided on Thursday. The salary per hour rises from BGN 0.

Business | January 20, 2005, Thursday // 00:00 | Viewed: 707

Ex-Factories Bloom in Soc-Art Oasises

About 100 Bulgarian factories, built in ex-communist times are to be reconstructed into museums of socialism art.

Business | January 20, 2005, Thursday // 00:00 | Viewed: 917

IMF, Bulgaria Talks at Deadlock over Sticky Points

Bulgaria's Finance Minister Milen Velchev and the International Monetary Fund have not reached an agreement over the increase of minimal salary for the country despite certain signals that the IMF has shown prone to compromise. Dialogue is continuing and

Business | January 19, 2005, Wednesday // 00:00 | Viewed: 702

Siemens Readies for New Diesel Trains Demonstration

Two Desiro-type diesel trains of Siemens will make a demonstration tour along the country's railways during the weekend. The trip schedule starts in Varna in early Saturday morning where cabinet ministers and lawmakers will set off for Plovdiv and Karlov

Business | January 19, 2005, Wednesday // 00:00 | Viewed: 1015

Satellite Scans F1 Track of Bulgaria

The company keen to complete the Formula 1 track near the town of Sliven has obtained a satellite picture of the area in south Bulgaria. Dutch representatives of the prospective investors have reportedly visited the town over last weekend to meet with Ma

Business | January 19, 2005, Wednesday // 00:00 | Viewed: 1908

GloBul Joins Bulgarian Market of Fixed Lines

Bulgaria's market of fixed telephone lines will expand with another operator after the country's second GSM operator announced plans to apply for a PMP (point-to-multi-point) license. The tender for awarding the PMP license, which delivers a technology o

Business | January 19, 2005, Wednesday // 00:00 | Viewed: 707

Mobile Phone Users Peak to 2 Billion by 2006

The global number of mobile phone users are to hit 2 billion by the end of the year, according to a survey made by the industry research group Deloitte & Touche. Currently the number of mobile phone users worlwide is 1.

Business | January 19, 2005, Wednesday // 00:00 | Viewed: 567

Brewery Escapes Poor Competition Fines

A fifth-member panel of the Supreme Administration Court has recalled the ruling of the lower three-membered one concerning the decision of the state competition watchdog to fine Zagorka brewery for unfair advertising game. The fine was imposed for the p

Business | January 18, 2005, Tuesday // 00:00 | Viewed: 715

AES Stakes on State Suport for Thermal Plant

US-based utility AES annnounced plans to launch the construction of a coal-fired power plant in Bulgaria by the end of the year and start producing electricity in 2008. The first unit of the plant is expected to come on line and begin producing power in

Business | January 18, 2005, Tuesday // 00:00 | Viewed: 752
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