Business

UNEMPLOYMENT UP TO 18.51 PERCENT

The unemployment rate in Bulgaria was 18.51 percent in April, up compared month-on-month, the National Employment Service (NES) reported.

Business | May 18, 2001, Friday // 00:00 | Viewed: 430

SWISS GRANT FOR REHAB CENTER

The Swiss government and Swiss donors invested 400 000 Swiss franks in the construction of a center for the rehabilitation of patients after heart attack, brain stroke and traumas at the hospital of Dobrich. H.

Business | May 18, 2001, Friday // 00:00 | Viewed: 520

RUSSIANS WILLING TO BUY `KAOUTCHOUK` PLC

Russian company is willing to buy the Pasardzhik-based `Kaoutchouk` PLC. for $20 M.

Business | May 18, 2001, Friday // 00:00 | Viewed: 533

BRITISH GOVERNMENT TO FUND BG CUSTOMS

The British government will finance a project for the construction of a terminal at the Kapitan Andreevo checkpoint worth $1.5 to 2 M, British Ambassador to Bulgaria Richard Stagg announced.

Business | May 17, 2001, Thursday // 00:00 | Viewed: 426

MELROSE UNIT GETS BG GAS CONCESSION

Petreco S.A.

Business | May 17, 2001, Thursday // 00:00 | Viewed: 444

SIMEON II NOT TO RUN FOR PARLIAMENT

Simeon II will not run for parliament, Prof. Georgi Petkanov, Deputy Chief Organizer of the Simeon II National Movement, confirmed.

Business | May 17, 2001, Thursday // 00:00 | Viewed: 525

BNR MANAGEMENT DISMISSED

The managing body of the Bulgarian national radio was dismissed on the decision of the National Council for Radio and Television. Ivan Borislavov is removed from the director`s post in compliance with the court ruling stating that he had been elected ille

Business | May 17, 2001, Thursday // 00:00 | Viewed: 366

SKY VISION STEPPED ON THE BG MARKET

The UK-based Sky Vision, one of the biggest satellite Internet suppliers in Europe, chose ITD Network as a strategic partner for Bulgaria. The deal is part of the plans of Sky Vision`s for expansion in Eastern Europe.

Business | May 16, 2001, Wednesday // 00:00 | Viewed: 389

MS AND MOBILTEL TO COOPERATE

Microsoft Bulgaria and MobilTel signed a cooperation agreement for a software subscription. This is the first agreement of this kind signed by Microsoft after the change of its licensing policy.

Business | May 16, 2001, Wednesday // 00:00 | Viewed: 381

BUSINESS FORUM DISCUSSES PARTNERSHIP

Partnership between private and public business discissed today at Hilton Sofia businessmen, mayors, NGO representatives. Sofia`s mayor Stefan Sofiansky made opening remarks, Susan Hamilton, director in Prince of Wales International Business Leaeders Foru

Business | May 16, 2001, Wednesday // 00:00 | Viewed: 408

EUR 50 M CONTROLLER CENTER NEAR SOFIA

A controller center worth EUR 50 M opened at Sofia Airport. It will control the Bulgarian air traffic.

Business | May 16, 2001, Wednesday // 00:00 | Viewed: 431

BIOCHIM BANK BUYER REJECTED

Bulgaria rejected the sole bidder for a majority stake in state-owned Biochim Bank, local Hebrosbank, saying the buyer`s final offer of $22.7 M was too low.

Business | May 15, 2001, Tuesday // 00:00 | Viewed: 313

NATIONAL RADIO DIRECTOR DECLARED ILLEGAL

Bulgarian Highest Court declared today National Radio direcor Ivan Borislavov illegal. He was appointed by National Council for radio and television a coupple of months ago and the decision was followd by journalistic protests all over the country and in

Business | May 15, 2001, Tuesday // 00:00 | Viewed: 417

ZEEVI TO PAY PENALTY TO BALKAN

Zeevi Holdings, owner of a 75% stake in Balkan Airlines, must pay $5,643,664 in damages, the Privatization Agency announced. The penalty was imposed for default on investment commitments for a year and a half, from the date of the agreement, June 30, 1999

Business | May 15, 2001, Tuesday // 00:00 | Viewed: 564

THREE OFFERS FOR 51% OF HEMUS AIR

Three offers were delievered today for 51 per cent of Hemus Air - the only state airline company in Bulgaria. The companies are Pirin Tourists, Leasing Company and Albanian Airlines.

Business | May 14, 2001, Monday // 00:00 | Viewed: 386

EU AMBASSADORS BACKED PRIME MINISTER

Many postiive things were done during this term of the government and we beleive it brought the country into a good direction, Swedish Ambassador to Sofia Sten Ask said today hosting Ambassadors lunhc with Prime Minister Kostov. Sweden chairs EU until end

Business | May 14, 2001, Monday // 00:00 | Viewed: 453

PM FIRED DEPUTY MINISTER

Justice Deputy Minister Maria Serkedzhieva was released today by the Prime Minister with ezplanation of lack of professionalism. Mrs.

Business | May 14, 2001, Monday // 00:00 | Viewed: 366

BALKAN AIRLINES TO RESTORE ATR 42

Balkan Airlines will restore the ATR-42 aircraft at the beginning of June. The BG national carrier will pay warranty and initially only one plane will be restored to it.

Business | May 14, 2001, Monday // 00:00 | Viewed: 429

FOUR MEN INJURED IN A NEFTOCHIM ACCIDENT

Four workers received burns in an accident in LUKoil-Neftochim. The accident took place the day before yesterday during welding and repair works in the `Catalytic Cracking` production.

Business | May 14, 2001, Monday // 00:00 | Viewed: 358

TRIAL OF BULGARIAN MEDICS POSTPONED

The People`s Court of Libya postponed until June 2 the trial of the six Bulgarian medics charged with deliberately infecting hundred of Libyan children with the HIV virus. The Court allowed medical experts to examine them and give them treatment if necess

Business | May 14, 2001, Monday // 00:00 | Viewed: 499

DRUGS FOR USD 800 000 SEIZED

Turkish police seized 170 000 pils captagon esitmated at the amount of 800 000 USD in a Bulgarian car at Kapakule cross point. The two passengers in the car are Syrian citizens and were immediately arrested, border police sources said.

Business | May 13, 2001, Sunday // 00:00 | Viewed: 515
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria