Bulgaria Joins IMEX Tourism Expo
A Bulgarian association will take part in this year's IMEX exhibition in Germany. IMEX is one of the world's key meetings and incentive travel expos.
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Drug Crisis Looming in Bulgaria
Hospitals, including medical centers, are facing the threat of cut-off in drug wholesale supplies due to unsettled debts by official health institutions. The trade league National Drug Centre, which tops the list of local drug suppliers, circulated a let
Bulgaria Liberalizes Railway Market
Bulgaria's first private railway company was licensed, bringing to fruition three years of efforts to break the state monopoly on the market.
Business Eyes French Ecology Cooperation
Long-term cooperation at ecology and energy projects in Bulgaria represents the main interest of France's Veolia Environnement. Officials from the leading ecologic company met Monday with Deputy Prime Minister and Economy Minister Lidia Shuleva during he
French Giant to Build Hotels in Sofia
French giant Accor plans to extend its chain of hotels to Sofia. The investors have shown special interest for Bulgaria's spa tourism potential.
Swiss Funding for Rural Tourism Boost
The Stara Planina region, part of the Balkans chain, will focus the efforts of advertising and promotion by local tour operators. The Swiss Development and Cooperation Agency will provide financial aid of BGN 154,000 to the Stara Planina Tourist Associat
Go-Ahead for Bulgaria's First Mall
Mall of Sofia, the biggest shopping, entertainment and business center to be built in Bulgaria, had its cornerstone laid by the international investors - Aviv Group and Cinema City International N. V.
Second Nuclear Plant Project Classified
The project of power plant construction in Belene and the options for building up national nuclear capacities constitute classified information. The Belene nuke project was tabled for public discussion last week but the document was not disclosed as incl
Bulgaria Optimistic about Foreign Investments
Bulgaria's deputy premier hopes for foreign investments to grow by more than USD 1.5 billion this year.
Bulgarian State with Majority Stake in New N-Plant
The state will hold at least 51 % in Bulgaria's second nuclear power plant, the energy minister has said. Milko Kovachev told Reuters that the price of Belene-produced energy would be competitive.
Plovdiv Spring Fair Attracted over 1,100 Firms
A total of 1,190 companies, some 517 of which coming from abroad, will take part in this year's International Consumer Goods and Technologies Spring Fair in Plovidv.
International Spring Fair Kicks Off
The International Consumer Goods and Technologies Spring Fair annually hosted in southern Bulgarian town of Plovdiv will open doors on Monday. This year more than 1,200 Bulgarian and foreign companies will take part in the expo, organized in four special
Second Danube Bridge Awaits Bidders
The second bridge to span over the Danube at Bulgaria's Vidin and Romania's Kalafat will be built in accordance with EU Commision rules and procedures. The preliminary qualification procedure kicked off on Friday and will be open for applicants from all
Bank Credits Boost Real Estate Market
One third of real estate purchases in Bulgaria are supported with bank credits. It comes to explain the 70-percent boost in mortgage crediting over the previous year and the currently high interest in mortgages.
Bulgarian Business Eyes EU Financial Back-Up
Bulgarian companies will need about EUR 30 M to make up with the European competitive market. According to Deputy Prime Minister and Economy Minister Lidya Shuleva small and medium sized enterprises can apply for that financing to the PHARE program 2004-
Financial Back-Up for Bulgarian Meat Industry
Bulgarian meat processing companies are likely to benefit from US financial assistance to restructure local production. The meat producers are struggling to comply with the processing and hygiene EU standards in face of Bulgaria's accession scheduled in
IMF Names Rodrigo Rato New Chief
The International Monetary Fund picked Spaniard Rodrigo Rato as its new managing director. "The executive board of the International Monetary Fund elected Rodrigo Rato to serve as managing director and chairman of the executive board for a five-year term
Bulgarian Beaches Short of Lifeguards
There are not enough lifeguards for Bulgaria's Black Sea, Red Cross official warned. Delyan Drumev, leader of the organization in the key coastal city of Varna, said only 80 people completed the lifeguard training course this year.
Sofia Becomes Gas Energized
At least 150,000 Sofia-resident households will benefit from the large-scale gasification project till end of 2004.
Solid Growth of Bulgarian Bank Profits
Profits of Bulgarian banks have increased by 22 % in 2003, as compared to the previous year. According to a report of the Bulgarian National Bank, last year's profits in the sector stood at 319 million levs.
Bulgaria, Texas Boost Business Cooperation
Bulgarian Foreign Minister Solomon Passy, who is currently in Austin, Texas will meet representatives of the US business today. Minister Passy and Geoffrey Connor, Texas Secretary of State, will sign an Agreement Memorandum later on Tuesday.
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