Bulgarian Export Rising Steadily
The dynamics of Bulgarian economy has gathered speed with a boost in export, which has marked 8.5 % increase January-May y/y.
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Dutch Presidency in Pursuit of EU Economy Boost
In a newly enlarged bloc of 25, Dutch Presidency has taken over the helm of the EU with an ambitious economic program in pursuit of making the Union "the fastest progressing economic giant."
Sofia Chose its Mall Constructor
Lindner Bulgaria won the tender for building Mall of Sofia, to-be Bulgaria's largest business and entertainment center. Eleven different companies bid for carrying out the project.
New Multi-Band Road Ties Bulgaria, Greece
The Kulata border checkpoint, connecting Bulgaria and Greece, was reopened after overhaul of the road system. A total of 16 bands lead to and from Bulgaria, and the road is equipped with four truck, one bus and three automobile bands.
Kodak, Nu Image Eye Bulgaria's Film Center Sale
Kodak and US film producer Nu Image will join efforts for the sale of Bulgaria's movie production centre Boyana Film Studios. The two companies are discussing the option for the forming of a film laboratory in Bulgaria.
Swiss Tourists Fond of Bulgaria
Swiss tourists enjoy spending their summer holidays in Bulgaria, Swiss media reports. "St.
Olympics Flashback at Next "Bulgaria Dream Area" Forum
The fourth Bulgaria Dream Area conference due to take place next January will analyze Bulgaria's preparation for the Olympic Games 2004. The previous "Bulgaria - Dream Area" forum, which took place in January, focused on the upcoming Olympic Games in nei
Siemens Bids for Regional Trains in Bulgaria
Siemens Transportation Systems (TS), the rail technology group of Siemens AG, is participating in the tender for regional trains put out by Bulgarian Railways in April 2004.
Bulgarian Telco Invests EUR 1 B in 2 Y
Recently privatized Bulgarian telecom BTC plans to invest more than EUR 1 B over the next two years.
State with Majority Stake in Nuke Company
The state will hold a 51% stake in the nuclear company, to unite two of the units of the nuclear power plant in Kozloduy with the construction site and power utilities of the country's second nuke in Belene. Under European legislation the state can hold
13 Final Bids for Bulgaria's Power Utilities
Five foreign companies submitted thirteen final bids to acquire a majority stake in Bulgaria's electricity distribution companies, the sale body announced on Friday.
Bulgaria Looks to Russia for Balkan Oil Project
Bulgaria has presented to Russia its proposal for the construction of the Burgas-Alexandroupolis pipeline, a three-way venture involving also Greece. During his visit to Russia Bulgaria's Regional Development Minister Valentin Tserovski has sought Russia
Rich Grain Crop in Bulgaria
Bulgarian is expecting a bumper wheat harvest this year, after there were fears of severe bread hikes several months ago. About three million tons are expected to be reaped throughout the country, making for 400 kilograms per decare.
Bulgaria with New GSM Operator March 2005
Bulgaria's third GSM operator will offer its services next March, according to William Aylward. He heads the newly appointed management team of the Bulgarian Telecommunications Company (BTC).
Roseximbank, Visa Send Bulgarian Couple to the Olympics
Milen Mihalev will be the Bulgarian that will enjoy a trip to Athens during the Olympic games. He is the winner in the special campaign of Bulgaria's Roseximbank and Visa International.
Bulgaria's Business Promoted in Austria
Bulgaria's Economy Minister Lidia Shuleva left on a two-day official visit to Austria. Shuleva will participate in a special conference of the southeastern Europe ministers that will take place tomorrow.
Railway to Bridge Danube, Aegean Ports
The Danube port of Lom will be connected with the Greek port of Thessaloniki by means of a modern railway. The project is part of the Greek Plan for Reconstruction of the Balkans discussed on the meeting between Bulgarian and Greek deputy foreign ministe
Bulgaria Moves to Close State Bank Seller
The government will table in Parliament a bill for the liquidation of the Bank Consolidation Company (BCC), the body in charge of the sale of state-owned banks. The banks concerned, UniCredito Italiano bank, Bank Austria Creditanstalt and Hungary's OTP,
Neighboring Serbia Favors Bulgarian Tourism
Bulgaria is a favored destination for Serbian tourists this year, outracing countries like Turkey, Greece, Montenegro, Tunisia and Egypt. According to a business search of the JUTA travel agents association cited by Serbian daily Glas Javnosti, about 20
WB Backs Greenhouse Emission Reduction
The Executive Director of the District Heating Company "Toplofikacia Sofia" AD and the World Bank Country Manager for Bulgaria Oscar de Bruyn Kops signed Thursday an emission reduction purchase agreement.
Bulgaria's MobilTel Wraps Up Largest Deal
The biggest ever leveraged-buy-out ("LBO") in Central and Eastern Europe has been finalized, Bulgaria's largest mobile phone company MobilTel announced.
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