Bulgaria's Power Utilities Sale Nears Wrap-up
All five bidders for Bulgaria's electricity distribution companies have been sent final documents for the privatization of 67% stakes in a step that moves the sales closer to the final stretch.
All five bidders for Bulgaria's electricity distribution companies have been sent final documents for the privatization of 67% stakes in a step that moves the sales closer to the final stretch.
A special fund is likely to be established for financing projects of building wind and sun power plants. The fund establishment will be assisted by the European Bank for Reconstruction and Development (EBRD) and several other international financial inst
The deputy manager of the Bulgarian Central Bank received Wednesday a special certificate for information security system. The document was issued by the Moody International certification body, to the Bank's Security and Classified Information Protection
The Eastern Rhodopes are the European Klondike with its gold mining deposits. Canadian gold miner Dundee Precious Metals has allotted USD 45 M for investments in the gold beds nearby the town of Krumovrgad.
Italy's largest electricity provider ENEL is set to extend its market presence in Bulgaria. According to the managing director Paolo Scaroni, currently the company sees pretty good opportunity for that due to the ongoing liberalization of Bulgarian marke
Bulgaria's map has been redrafted into six new economic regions to be approved on Thursday by the Cabinet. Sofia, Plovdiv, Varna, Burgas, Rousse and Vidin will be the centers of the economic planning regions, including north western, north central, north
Bulgaria's largest mobile phone company Mobiltel was sold for EUR 1.2 B.
Small and mid-sized companies (SMEs) in Central Europe are confident they can cope with the competitive pressures of the enlarged EU marketplace, according to a survey of 147 senior Central European executives, but they face significant challenges.
American tour operators are in Bulgaria to explore spa, rural and eco tourism opportunities.
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.
The first sales of gas drilled at the Galata site will be on the market in June.
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.
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
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
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.
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.
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.
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.
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.
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
A two-day exhibition has started today in Kiev, under the motto "Bulgaria Back to Ukraine".
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