Business

TURKISH COMPANY ACQUIRED USTREM 2

Salimet company won the auction for sale of the automobile plant Ustrem 2, offered by VMZ-Sopot. Salimet was the only candidate with an offer of DEM 493,000.

Business | April 8, 2001, Sunday // 00:00 | Viewed: 580

9.6% ARE THE INTERNET USERS IN BG

The number of Internet users in BG is 585,000 or 9.6% of the population over the age of 15, a survey of the Bulgarian branch of GFK says.

Business | April 8, 2001, Sunday // 00:00 | Viewed: 542

ITALY IS BG LARGEST TRADE PARTNER

Italy seems to be the largest Bulgarian trade partner in 2000. BG export to this country was estimated to $687 M, import was up to $550 M.

Business | April 7, 2001, Saturday // 00:00 | Viewed: 634

TAX REPORTS SOON ON LINE IN BULGARIA

Company`s and private tax reports soon shall be sent on-line not later than 6 months, H. Traykov, Finance ministry IT expert said.

Business | April 7, 2001, Saturday // 00:00 | Viewed: 510

MORE THAN A BILLION TRADE DEFICIT

The foreigh trade balance of Bulgaria in 2000 is negative with USD 1, 2 Bln, statistics said. The export has incresaed with 20 %, import with 17 %.

Business | April 7, 2001, Saturday // 00:00 | Viewed: 674

HUMAN INSTITUTE LAUNCHED IN SOFIA

First in Bulgaria, third in Europe HuMan institute was launched in Sofia today. It will be dedicated to humanistic management tasks and unites leading Bulgarian businessmen, psychologists, decision makers.

Business | April 7, 2001, Saturday // 00:00 | Viewed: 636

GUARANTEES FOR TRAVELING TO ITALY

From April 10 on financial guarantee as well as proof for the purpose of travelling will be required from Bulgarians traveling to Italy. Travellers can present their financial guarantee at the border either in cash or in travelers` check, credit cards or

Business | April 6, 2001, Friday // 00:00 | Viewed: 586

SIMEON II ENTERED BG POLITICAL LIFE

Exiled BG monarch King Simeon II presented his plans for stepping on the BG political scene. Simeon II declared that he is setting up a national movement for new moral in politics.

Business | April 6, 2001, Friday // 00:00 | Viewed: 671

477 PRIVATIZATIONS DEALS FOR 2001 IN BG

477 privarization deals are fixed in the governmental program for 2001 approved today. 329 of them are for sales of majority shares of state companies, the rest will arrange smaller private participation.

Business | April 6, 2001, Friday // 00:00 | Viewed: 487

MINISTER CONFIRMS BTC IS FOR SALE

BG Telecom minister A. Slavinsky denied the information that the Bulgarian Telecommunications Company will be given for international management soon.

Business | April 6, 2001, Friday // 00:00 | Viewed: 614

BG EMPLOYMENT PLAN ADOPTED

BG Council of Ministers adopted a National Employment Plan which is scheduled to provide 73.200 jobs, Ministry of Labor and Social Policy reported.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 478

BTC PROFIT EXCEEDED DEM 130 M

Bulgarian Telecommunications Company ended Y 2000 with profit amounting to DEM 848,411,000. The growth of revenues from sales compared to Y 1999 is 16%.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 483

BG FOREIGN DEBT DOWN

BG gross foreign debt amounts to $10,244.4 M at the end of February 2001.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 468

5 EUROPEAN PM BACKED BG GOVERNMENT

Five European Prime ministers backed the Bulgarian government and personal PM I. Kostov at a European Peoples Party Summit held at Hilton Sofia.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 620

DEM 65M FOR BG MEMBERSHIP IN NATO

DEM 65 M will be allocated this year to finance the preparation for NATO membership, the government decided on its regular session today. DEM 60 M out of it will be directed to the Ministry of Defense.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 554

BULGARIA TO SELL ARMS TO MACEDONIA

Bulgaria can deliver arms to neigbouring Macedonia arms only in a case they are paid, the parliament today decided. One day after the crisis in Macedonia BG president P.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 477

HOLDERBANK ACQUIRES BELOIZVORSKI CEMENT

Swiss company Holderbank Financiere Glaris Ltd. acquired 91% from the cement mill Beloizvorski Cement.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 1013

BG THE BEST INVESTMENT DESTINATION

Foreign investors in BG think that the Macedonian crisis has not affected the BG investment climate. It is even improving and the increase in Greenfield investment is a clear indication of this trend, Peter Jotev, Deputy PM, announced after a meeting with

Business | April 5, 2001, Thursday // 00:00 | Viewed: 614

BG TELECOMMUNICATIONS SECTOR TO GROW

The income from telecommunications services will reach DEM 2.9 B by Y 2005, Ministry of Transport and Communications reported.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 440

BG PRESIDENT MEETS TRAIKOVSKI

President Stoyanov will meet Macedonian President Boris Traikovski during his one-day visit to Bulgaria. Traikovski will take part in the European People’s Party summit in Sofia.

Business | April 5, 2001, Thursday // 00:00 | Viewed: 578

DEM 60 M TO BE INVESTED IN MARITSA EAST

The investment program of Maritsa East mines for this year amounts to DEM 60 M. Most of the sources will be directed to technological renewal and modernization of the three mines.

Business | April 4, 2001, Wednesday // 00:00 | Viewed: 469
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