Business

MONARCH`S MOVEMENT RATING DOWN

The opinion polls rating of Simeon II National Movement is down by 10 percent, recent survey of Sova Haris agency said. A month ago the movement fetched 43.

Business | May 26, 2001, Saturday // 00:00 | Viewed: 590

PRIVATE COMPANIES TO SUPPLY NATGAS

Private companies will be granted the supply of natural gas to final consumers in Bulgaria`s towns by 2002 under the updated energy strategy. The private suppliers will bid for the supplies in eight regions.

Business | May 26, 2001, Saturday // 00:00 | Viewed: 629

UP TO TEN DIARIES COMPLY WITH SAPARD

Most likely up to ten diaries will be compliant with SAPARD standards, Nikolay Sabev, consultant under the EU programme, said. A major requirement is that diaries process at least five tonnes of milk daily.

Business | May 26, 2001, Saturday // 00:00 | Viewed: 594

DRESDNERBANK CAUTIOUS ABOUT BULGARIA

Dresdnerbank ranked Bulgaria at the bottoms of the list of EU applicant countries in its last report. Bulgaria is last but one in terms of GDP and foreign investments per capita.

Business | May 26, 2001, Saturday // 00:00 | Viewed: 529

PM PAYS VISIT TO MACEDONIA

Bulgarian Prime Minister Kostov paid a one-day visit to Macedonia. PM Kostov met President Boris Traikovski, Premier Luybcho Georgievski and the leaders of the two Albanian political parties, Arben Jaferi and Imer Imeri.

Business | May 25, 2001, Friday // 00:00 | Viewed: 547

BULGARIA`S POSITIVE RATING CONFIRMED

Moody`s international rating agency confirmed its rating B with a stable outlook for Bulgaria. Standard & Poors and Fitch-IBCA, the two other international rating agencies, have awarded Bulgaria also B but with positive outlook.

Business | May 25, 2001, Friday // 00:00 | Viewed: 462

OIL PIPELINE PROJECT DRAFTED

The drafting of the oil pipeline Burgas-Alexandroupolis project is initiated, Evgeni Chachev, Minister of Construction and Regional Development, said. The oil will be transported by tankers from the Russian town of Novorosiisk to the Bulgarian Black Sea p

Business | May 25, 2001, Friday // 00:00 | Viewed: 702

BIDS FOR HEMUS AIR TO BE UPGRADED

The bids for state owned Hemus Air airline should be upgraded by May 28,2001, the Privatisation Agency (PA) said. PA put new requirements for the 51% of the air carrier.

Business | May 25, 2001, Friday // 00:00 | Viewed: 515

ARIANA BREWERY LAUNCHES NEW ISSUE

Local Ariana brewery will launch a new issue of 238,144 non-voting shares priced Bulgarian levs (BNG) 1 per share. The paper will be traded at the free market segment of the Bulgarian Stock Exchange (Sofia)-BSE.

Business | May 25, 2001, Friday // 00:00 | Viewed: 460

WATER CONCESSION PROCEDURE LAUNCHED

The procedure for granting a concession for the water supply system of the regions of Varna (Bulgarian Black Sea port) and Shoumen (Northeastern Bulgaria) were launched by Cabinet. The minimum investments requirement for Varna region is $64 M, and for Sho

Business | May 24, 2001, Thursday // 00:00 | Viewed: 471

BCC INVITES NEW TENDER FOR BIOCHIM

The state Bank Consolidation Company (BCC) will invite a new tender for the insolvent Biochim commercial bank. The deadline for the new privatization procedure will be announced by the end of this month.

Business | May 24, 2001, Thursday // 00:00 | Viewed: 532

USD HITS RECORD HIGH AGAINST BGN

The US dollar hit a six months high against the Bulgarian lev (BGN) in the domestic currency market. On the eve of the four non-office days (between May 24 and May 28) dedicated to the Sts Cyril and Methodius, who created the Bulgarian alphabet, the Day o

Business | May 24, 2001, Thursday // 00:00 | Viewed: 615

FOUR AIRLINES TO CARRY OUT CHARTERS

Four Bulgarian airlines will undertake the charter flights for the tourist season, Mariana Assenova, Deputy Minister of Tourism, said after the sitting of the National Tourist Council. National air carrier, Balkan Airlines, will be servicing by Russian ma

Business | May 24, 2001, Thursday // 00:00 | Viewed: 556

LABOUR EFFICIENCY LOWEST IN BULGARIA

The relative labour efficiency in Bulgaria, Latvia, and Romania is the lowest among the 13 European applicant countries, Eurostat, the statistical office of the EU, said. Labour efficiency in the applicant countries is 41% of the EU standard of the 15 mem

Business | May 24, 2001, Thursday // 00:00 | Viewed: 555

WB RECOMMENDS PROGRESS OF REFORMS

The economic reforms in Bulgaria should be continued after the general elections this June, the World Bank (WB) recommends. Under the best case scenario Bulgaria will be extended $750 M in credits by 2004.

Business | May 23, 2001, Wednesday // 00:00 | Viewed: 497

BALKANPHARMA EXTENDED EUR 21.5 M CREDITS

Balkanpharma Holding will be granted EUR 21.5 M in credits under an agreement with the European Bank for Reconstruction and Development (EBRD).

Business | May 23, 2001, Wednesday // 00:00 | Viewed: 546

SIMEON II MEETS EU AMBASSADORS

Ambassadors from 16 EU and NATO alliance member countries were impressed by the foreign policy strategy of King Simeon II National Movement, which was presented at a working lunch at their invitation. Bulgaria should be the factor of stability in the Balk

Business | May 23, 2001, Wednesday // 00:00 | Viewed: 405

MRF CANDIDATES REGISTERED IN BLAGOEVGRAD

The candidates for the general elections on June 17, 2001 of the Movement for Rights and Freedoms (MRF), party of the Ethnic Turks in Bulgaria, were registered in Blagoevgrad (Southwest Bulgaria). By the deadline-May 17, 2001, the MRF could not submit its

Business | May 23, 2001, Wednesday // 00:00 | Viewed: 455

NAT GAS TRANSIT UP TO 18 BLN CU M

The transit of natural gas will reach some 18 bln. cubic meters in 2001, Kiril Gegov, Executive Director of Bulgargas, said.

Business | May 23, 2001, Wednesday // 00:00 | Viewed: 414

IMMUNITY OF MP CANDIDATES AFFIRMED

The Constitutional Court rejected the claim of Prosecutor General against the text in the Election Act envisaging an immunity for the candidates for members of Parliament during the election campaign. Three of the members of the court abstained.

Business | May 23, 2001, Wednesday // 00:00 | Viewed: 484

CONFLICT IN MACEDONIA CAUSES CONCERNS

The situation in Macedonia is worsening and the concerns about deepening of the crises including a civil war in that country are deepening, Boiko Noev, Minister of Defence, said. Bulgaria categorically will not interfere in the conflict because such an ap

Business | May 23, 2001, Wednesday // 00:00 | Viewed: 563
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