Business

BG EMPLOYMENT PLAN ADOPTED

BG Council of Ministers adopted a National Employment Plan which is scheduled to provide 73.200 jobs, Ministry of Labor and Social Policy reported.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 468

BTC PROFIT EXCEEDED DEM 130 M

Bulgarian Telecommunications Company ended Y 2000 with profit amounting to DEM 848,411,000. The growth of revenues from sales compared to Y 1999 is 16%.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 471

BG FOREIGN DEBT DOWN

BG gross foreign debt amounts to $10,244.4 M at the end of February 2001.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 454

5 EUROPEAN PM BACKED BG GOVERNMENT

Five European Prime ministers backed the Bulgarian government and personal PM I. Kostov at a European Peoples Party Summit held at Hilton Sofia.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 603

DEM 65M FOR BG MEMBERSHIP IN NATO

DEM 65 M will be allocated this year to finance the preparation for NATO membership, the government decided on its regular session today. DEM 60 M out of it will be directed to the Ministry of Defense.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 541

BULGARIA TO SELL ARMS TO MACEDONIA

Bulgaria can deliver arms to neigbouring Macedonia arms only in a case they are paid, the parliament today decided. One day after the crisis in Macedonia BG president P.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 462

HOLDERBANK ACQUIRES BELOIZVORSKI CEMENT

Swiss company Holderbank Financiere Glaris Ltd. acquired 91% from the cement mill Beloizvorski Cement.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 1002

BG THE BEST INVESTMENT DESTINATION

Foreign investors in BG think that the Macedonian crisis has not affected the BG investment climate. It is even improving and the increase in Greenfield investment is a clear indication of this trend, Peter Jotev, Deputy PM, announced after a meeting with

Business | April 5, 2001, Thursday // 00:00 | Viewed: 597

BG TELECOMMUNICATIONS SECTOR TO GROW

The income from telecommunications services will reach DEM 2.9 B by Y 2005, Ministry of Transport and Communications reported.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 428

BG PRESIDENT MEETS TRAIKOVSKI

President Stoyanov will meet Macedonian President Boris Traikovski during his one-day visit to Bulgaria. Traikovski will take part in the European People’s Party summit in Sofia.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 562

DEM 60 M TO BE INVESTED IN MARITSA EAST

The investment program of Maritsa East mines for this year amounts to DEM 60 M. Most of the sources will be directed to technological renewal and modernization of the three mines.

Business | April 4, 2001, Wednesday // 00:00 | Viewed: 453

BNR DIRECTOR ELECTION REPEALED

The Supreme Administrative Court repealed the decision of National Council for Radio and Television on the election of Ivan Borislavov as a general director of the Bulgarian National Radio. The election was repealed because the decision of the council do

Business | April 4, 2001, Wednesday // 00:00 | Viewed: 552

BTC TAKEN BY WESTERN OPERATOR

The state intends to cede the management of Bulgarian Telecommunications Company to a European telecommunications operator. Negotiations with a Western company are almost completed, Ministry of Transport and Communications reported.

Business | April 4, 2001, Wednesday // 00:00 | Viewed: 597

KING SIMEON EXPECTED TO ANNOUNCE POLITICAL AMBITIONS

Bulgarian King in exile Simeon II arrived back today in Sofia announcing will say his political ambitions not arealier than Friday this week. The King already said he might back one of the political forces, which will partitipate in the forthcoming genera

Business | April 4, 2001, Wednesday // 00:00 | Viewed: 735

BG DUTY FREE CORRIDOR

Duty-free zone between Rousse and Varna is to be established. The project aims at provoking interest in the traffic of commodities in the Rhine-Main-Danube directions, as well as to Turkey and the countries in the Arab peninsula.

Business | April 4, 2001, Wednesday // 00:00 | Viewed: 721

EUR 54.3 M FOR BG RECOVERY PLAN

The implementation of the Greek plan for economic recovery of Southeastern Europe will start in June. The total investment amounts to EUR 500 M.

Business | April 4, 2001, Wednesday // 00:00 | Viewed: 649

LUXEMBOURG TO FUND BG PROJECTS

BG and Luxembourg Foreign Ministers signed an agreement on Luxembourg funding for health care and environmental protection projects in Bulgaria. The concrete parameters of the aid package will be discussed at expert level within a few weeks.

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 502

DEM 900 000 FOR ROAD NETWORK

DEM 900 000 have been allocated for reconstruction of municipal roads on the territory of the region of Shoumen. Funds have been provided by Roads Fund and will be extended in several tranches.

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 551

LUKOIL NEFTOCHIM WITH $50 M PROFIT

According to preliminary estimations the profit of LUKoil Neftochim-Burgas for Y 2000 amounts to $50 M. LUKoil plans to invest $150 M in the modernization of the refinery.

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 543

BECHTEL TO ENACT UPPER ARDA PROJECT

US construction company Bechtel is ready to start working on the construction site in Upper Arda right away in the case that the Oxford Consortium signs a contract with the National Electricity Company. The consortium has received confirmation from ABSA B

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 681

MORE POWER FOR THE GOVERNMENT PROPOSED

The ruling party UDF proposed the government to have extraordinary power to take decisions between the desolving of the parliament and the general election, to be held June 17, 2001. The abilities to take extraordinary decisions will be only for decisions

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 658
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