Business

US Explores Bulgarian Tourism

American tour operators are in Bulgaria to explore spa, rural and eco tourism opportunities.

Business | May 26, 2004, Wednesday // 00:00 | Viewed: 851

Bulgaria Air Hires More Boeings

Flag carrier Bulgaria Air signed a one-year lease contract with Germany's Deutsche Structure Finance GmbH for another pair of Boeing 737-300. Both airliners are manufactured in 1997.

Business | May 26, 2004, Wednesday // 00:00 | Viewed: 802

Galata Drilled Gas Lands on June Market

The first sales of gas drilled at the Galata site will be on the market in June.

Business | May 25, 2004, Tuesday // 00:00 | Viewed: 691

Luxury Taxis to Run in Sofia

A taxi company in Bulgarian capital Sofia launches a new high-class service, mainly for foreign guests. New KIA Magentis cars will be offered to the choosiest clients.

Business | May 25, 2004, Tuesday // 00:00 | Viewed: 863

Russian Power Monopoly Seeks Bulgarian Facilities

Russia's power monopoly Unified Energy System (UES) is keen on acquiring power facilities in Eastern Europe, including Poland, Romania, Bulgaria and Slovakia. At the end of September last year the company's Board of Directors has greenlighted its partici

Business | May 25, 2004, Tuesday // 00:00 | Viewed: 1036

Telekom Austria Confirms Interest in Bulgarian MobilTel

Telekom Austria AG has confirmed its interest in resuming talks for the acquisition of a majority stake in Bulgarian mobile operator MobilTel. Vienna-based Telekom Austria expects MobilTel owners to put up for sale a majority stake after the sale of the

Business | May 25, 2004, Tuesday // 00:00 | Viewed: 664

Panel Flats Go Cheaper in Bulgaria

Prices of panel flats in Bulgaria have started to drop, after months of rapid increase. According to observers, prices have reached their peak, and would surely go down from now on.

Business | May 25, 2004, Tuesday // 00:00 | Viewed: 825

Globul Program Downs Company Expenditures

A new program of Bulgaria's mobile operator Globul targets corporate clients and offers to reduce monthly expenditures for mobile communication to 30%, the company announced.

Business | May 25, 2004, Tuesday // 00:00 | Viewed: 1096

Bulgaria Skeptic about Fuel Hikes

Bulgaria's deputy foreign minister said that fuel prices in the country were unlikely to increase soon. Lyubomir Datsov suggested that the rapid increase of petrol prices would soon abate.

Business | May 24, 2004, Monday // 00:00 | Viewed: 593

Bulgaria's Foreign Debt on the Rise

Bulgaria's foreign debt has jumped up by 620 million euros over January - March, the Central Bank said. Thus the figure stood at almost 11 billion two months ago.

Business | May 24, 2004, Monday // 00:00 | Viewed: 712

Expert: Petrol Hikes May Kindle Inflation in Bulgaria

Constantly increasing petrol prices may cause inflation in Bulgaria to flare up, a financial expert said. According to Alexander Nikolov, petrol price could soon hit 46 dollars per barrel.

Business | May 23, 2004, Sunday // 00:00 | Viewed: 713

Bulgarian Farmers Supported under SAPARD

The investment cost of 19 newly approved projects on the EU program SAPARD is estimated at over BGN 1 M. According to the executive director of the Bulgarian State Fund "Agriculture" Asen Drumev, the approved projects are in the sphere of wine and diary

Business | May 22, 2004, Saturday // 00:00 | Viewed: 1216

Bulgaria Back to Ukrainian Market

A two-day exhibition has started today in Kiev, under the motto "Bulgaria Back to Ukraine".

Business | May 22, 2004, Saturday // 00:00 | Viewed: 1706

Mobiltel Eyes Stake Sale to Mystery Investors

The group of investors who currently own Bulgarian mobile operator Mobitel is to sell off a 40 percent stake in the company to another investment consortium.

Business | May 21, 2004, Friday // 00:00 | Viewed: 816

Viva Ventures to Invest EUR 700 M in Bulgaria's Telco Infrastructure

Vienna-based Viva Ventures will invest EUR 700 M in the upgrade and improvement of Bulgaria's telecom infrastructure to offer high-quality service to its clients and give access of other operators to its network. The company expressed the belief that the

Business | May 21, 2004, Friday // 00:00 | Viewed: 967

Reimposing Ban on Duty Free Flour Import

The Cabinet reinstated the ban on duty free flour imports on Thursday. The measure was introduced at the end of last year in a bid to calm down and balance the grain, flour and bread markets shattered by price hikes.

Business | May 21, 2004, Friday // 00:00 | Viewed: 533

Bulgaria Looks to 100,000 Czechs

Bulgarian resorts are awaiting 100,000 Czech tourists this summer. That makes up for a 30 percent increase as compared to last year.

Business | May 21, 2004, Friday // 00:00 | Viewed: 862

Sofia's Olympic Flights Boosted by Viaggio Air

The Viaggio Air was anointed Bulgarian carrier for the flight routes to Athens and Kiev. Thus Viaggio Air becomes the second Bulgarian air company to have flights to this year's Olympic hearth, next to Hemus Air and the Greek Olympic Airways.

Business | May 20, 2004, Thursday // 00:00 | Viewed: 1010

Bulgaria Air Acquires New Airliners

The flag carrier Bulgaria Air is set to sign the leasing contracts for a second pair of Boeing 737-300 till the end of month. Both twin airliners are manufactured in 1989.

Business | May 20, 2004, Thursday // 00:00 | Viewed: 1040

Anti-Trust Body Greenlights Bulgaria's Telco Sale

Bulgaria's Commission for the Protection of Competition (CPC) has okayed the acquisition of 65% stake in Bulgaria's dominant telecom carrier BTC by Viva Ventures in an important step towards closing the deal.

Business | May 20, 2004, Thursday // 00:00 | Viewed: 794

Bulgaria-Moldova Free Trade Agreed

An agreement for free trade between Bulgaria and Moldova was signed in Sofia on Thursday. Moldavian President Vladimir Voronin is currently on a two-day Bulgarian visit, following an invitation from Bulgaria's Georgi Parvanov.

Business | May 20, 2004, Thursday // 00:00 | Viewed: 898
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