Business

TZUM ISSUES BONDS FOR EUR 8 M ON THE SE

One of the largest departments stores in Bulgaria - TZUM will offer bond debts worth EUR 8 M on Sofia Stock Exchange soon, managers said. The 5 Y bonds are expected to have annual interest of about 13%.

Business | March 24, 2001, Saturday // 00:00 | Viewed: 796

EARTHQUAKE IN NORTHERN BULGARIA

Light earthquake had shaked Strazhitsa in Nothern Bulgaria Saturday midnight. 2.

Business | March 24, 2001, Saturday // 00:00 | Viewed: 771

BG WILL EXPORT ELECTRICITY TO ITALY

Bulgaria will start exproting electricity to Italy, I. Shiljashky, Energy Agency chairman said.

Business | March 24, 2001, Saturday // 00:00 | Viewed: 911

EBRD INVESTS IN VINPROM DAMYANITSA

EU Bank for Reconstruction and Development is the biggest shareholder in the largest winemaking BG company Vinprom Damyanitsa by a capital increase from DEM 640 204 to DEM 1 088 413. The effective increase of DEM 1,4 M has been granted as an investment cr

Business | March 24, 2001, Saturday // 00:00 | Viewed: 704

IMF: ANOTHER $ 66 M FOR BULGARIA

IMF Allocated on Saturday 11th tranche to Bulgarian economy in amount of $ 66 M or SDR 52.3 M.

Business | March 23, 2001, Friday // 00:00 | Viewed: 777

POSITIVE ELECTION CAMPAIGN BY UDF

Union of Democratic Forces, the ruling party in BG, must have a positive and reasonable election campaign, chairman and PM I. Kostov said.

Business | March 23, 2001, Friday // 00:00 | Viewed: 713

THE KING MIGHT RUN FOR PRIME MINISTER

King Simeon Second, who lives in exile in Madrid might run for prime minister, Daily Telegraph said in a broad article. The King, who comes relatively often to his native country might support a coalition in the forthcoming general elections.

Business | March 23, 2001, Friday // 00:00 | Viewed: 774

ALMOST $ 9 BLN BG FOREIGN DEPT

The Bulgarian foreign debt decreased in February by USD 51.9 M to USD 8.

Business | March 23, 2001, Friday // 00:00 | Viewed: 816

DEM 23 067 FROM VMZ ASSETS SALES

Revenues from the first sales of non-operational assets of Vazov Engineering Works /VMZ/ Sopot amount to DEM 23 067, the Ministry of Economy announced. Sales of non-operational assets are part of the privatization strategy of VMZ, adopted by Minister of E

Business | March 22, 2001, Thursday // 00:00 | Viewed: 874

$100 M INVESTED IN JAPANESE HOSPITAL

$100 M will invest Tokushukai Medical Corporation in the building and equipment of multi profile hi-tech hospital. It will be built in the center of Sofia and it will serve patients from the neighboring countries as well.

Business | March 22, 2001, Thursday // 00:00 | Viewed: 812

BG PRESIDENT TAKES STAND ON BNR CRISIS

President Petar Stoyanov expressed his support for starting dialogue and finding reasonable solution to the crisis in the National Radio. Protests over the appointment of the new National Radio chief have been going on for more than 40 days now.

Business | March 22, 2001, Thursday // 00:00 | Viewed: 730

PM KOSTOV: MACEDONIA CRISIS DANGER TO BG

Crisis in Macedonia and battles across Albanina border might be of big threat to Bulgaria, Prime minister I. Kostov said in the parliament.

Business | March 22, 2001, Thursday // 00:00 | Viewed: 968

ROYAL FRANS MAAS TO INVEST DEM 6 M

Royal Fans Maas Group will invest DEM 6 M in the building of terminal and logistics facilities in Sofia. The international forwarding and logistics concern acquired 51% of BG companies VECTRA Ltd.

Business | March 22, 2001, Thursday // 00:00 | Viewed: 1032

NEW RIGHTIST PARTY FOUNDED IN BG

A new party named Conservative Union Ekip was founded Thursday in Sofia. It is based on the former PM`s key countrerparther in UDF (ruling party) Hristo Bisserov, recently expelled.

Business | March 21, 2001, Wednesday // 00:00 | Viewed: 818

9 BULGARIAN IT COMPANIES AT CEBIT

9 BG IT companies are represented at CeBIT in 2001. Datecs and Daisy Technology have their own stands.

Business | March 21, 2001, Wednesday // 00:00 | Viewed: 1423

DEM 2 M HIGHEST PER ELECTION CAMPAIGN

Each coalition in BG will be allowed to spend DEM 2 M at highest for its election campaign, the amount for single parties will be twice lower, parliamentary legislative comission decided. All participants must have clear invoices for the expenses.

Business | March 21, 2001, Wednesday // 00:00 | Viewed: 882

LEVIEV TO INVEST $200 M IN MOBILTEL

The Israeli businessman Lev Leviev, owner of BG GSM operator MobilTel, plans to invest $200 M in the GSM operator in the next few years. The investment aims at developing the GSM network, raising the quality and reducing the prices of the services.

Business | March 21, 2001, Wednesday // 00:00 | Viewed: 886

BAVARIA TO IMPROVE BG JUDICIAL SYSTEM

Bavaria will provide help to improve Bulgaria`s judicial system. In May Bavarian leading prosecution experts will arrive in Bulgaria to provide legal assistance on national and regional level.

Business | March 21, 2001, Wednesday // 00:00 | Viewed: 783

ELECTRONIC SIGNATURE LAW APPROVED

The parliament approved on Thursday The e-Signature bill, which come into power 6 months after prublication in the State Gazette. E-signatures will not be valid if transactions require qualified written form or if the act of holding of a document or a cop

Business | March 21, 2001, Wednesday // 00:00 | Viewed: 828

$ 6 M TO INVEST SPANISH ROCA IN BG

The Spanish corporation Roca will invest near USD 6 M during the coming one year for production of bathroom equipments in a plant nearby Shoumen, NorthEast Bulgaria. Roca is already the official supplier of the the newly built Hilton in Sofia.

Business | March 20, 2001, Tuesday // 00:00 | Viewed: 920

APRIL 19 BG PARLIAMENT WILL BE DESOLVLED

April 19 will be the last working day of the Bulgarian parliamanet, the Constitutional court decided on Thursday. This pariament is the first one since 10 years to serve full 4years term.

Business | March 20, 2001, Tuesday // 00:00 | Viewed: 915
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