Business

URF PARTY STOPPED IN KEY REGION

Union of Right and Freeedom, mainly the Turkish minority party was rejected registration in key region of Blagoevgrad today with the formal reson that the delayed over the final deadline - 7 p.m.

Business | May 19, 2001, Saturday // 00:00 | Viewed: 536

BG TELECOM TO LAUNCH INTERNET BUSINESS

Bulgarian Telecomunications Company announced a USD 500 000 deal with France telecom for the french shares in GUCIS Intener operator. BTC.

Business | May 19, 2001, Saturday // 00:00 | Viewed: 679

AREMISSOFT REAFFIRMS BULGARIAN CONTRACT

The US AremisSoft, a leading software supplier listed at Nasdaq (AREM), USD 525 M market capitalization, reaffirmed today its Bulgarian contract with the National health Insurance Fund. The contract was signed back in December 1999 for IT solutions at the

Business | May 18, 2001, Friday // 00:00 | Viewed: 443

STATE INSUARER PRIVATIZATION FINALIZED

The privatization deal for the state monopolist State Insurance Institute (SII) will be finalized most likely by the end of May. The only bidder for SII is a consortium between TBI Holdings and the SII 2000 MEBO.

Business | May 18, 2001, Friday // 00:00 | Viewed: 645

BULGARIAN HAULIERS TO TRAVEL VISA FREE

- Bulgarian hauliers will travel visa-free to EU member countries, Nadezhda Mihailova, Minister of Foreign Affairs, announced. The sensitive issue for the Bulgarian hauliers was the crossing of the Greek and Italian borders.

Business | May 18, 2001, Friday // 00:00 | Viewed: 568

SUBSIDY FOR CRIME COMBAT

A Bulgarian levs (BGN) 727,000 subsidy was extended by the Cabinet for additional financing of the institutional building of the information system for the combat of crime. Introduction of the system was initiated back in 1998.

Business | May 18, 2001, Friday // 00:00 | Viewed: 554

ECONOMIC GROWTH 5.8% IN 2000

The economic growth was 5.8 percent in 2000, the Agency for Economic Analyses and Forecasts (AEAF) said in its annual report.

Business | May 18, 2001, Friday // 00:00 | Viewed: 706

UNEMPLOYMENT UP TO 18.51 PERCENT

The unemployment rate in Bulgaria was 18.51 percent in April, up compared month-on-month, the National Employment Service (NES) reported.

Business | May 18, 2001, Friday // 00:00 | Viewed: 504

SWISS GRANT FOR REHAB CENTER

The Swiss government and Swiss donors invested 400 000 Swiss franks in the construction of a center for the rehabilitation of patients after heart attack, brain stroke and traumas at the hospital of Dobrich. H.

Business | May 18, 2001, Friday // 00:00 | Viewed: 598

RUSSIANS WILLING TO BUY `KAOUTCHOUK` PLC

Russian company is willing to buy the Pasardzhik-based `Kaoutchouk` PLC. for $20 M.

Business | May 18, 2001, Friday // 00:00 | Viewed: 609

BRITISH GOVERNMENT TO FUND BG CUSTOMS

The British government will finance a project for the construction of a terminal at the Kapitan Andreevo checkpoint worth $1.5 to 2 M, British Ambassador to Bulgaria Richard Stagg announced.

Business | May 17, 2001, Thursday // 00:00 | Viewed: 499

MELROSE UNIT GETS BG GAS CONCESSION

Petreco S.A.

Business | May 17, 2001, Thursday // 00:00 | Viewed: 519

SIMEON II NOT TO RUN FOR PARLIAMENT

Simeon II will not run for parliament, Prof. Georgi Petkanov, Deputy Chief Organizer of the Simeon II National Movement, confirmed.

Business | May 17, 2001, Thursday // 00:00 | Viewed: 609

BNR MANAGEMENT DISMISSED

The managing body of the Bulgarian national radio was dismissed on the decision of the National Council for Radio and Television. Ivan Borislavov is removed from the director`s post in compliance with the court ruling stating that he had been elected ille

Business | May 17, 2001, Thursday // 00:00 | Viewed: 443

SKY VISION STEPPED ON THE BG MARKET

The UK-based Sky Vision, one of the biggest satellite Internet suppliers in Europe, chose ITD Network as a strategic partner for Bulgaria. The deal is part of the plans of Sky Vision`s for expansion in Eastern Europe.

Business | May 16, 2001, Wednesday // 00:00 | Viewed: 466

MS AND MOBILTEL TO COOPERATE

Microsoft Bulgaria and MobilTel signed a cooperation agreement for a software subscription. This is the first agreement of this kind signed by Microsoft after the change of its licensing policy.

Business | May 16, 2001, Wednesday // 00:00 | Viewed: 455

BUSINESS FORUM DISCUSSES PARTNERSHIP

Partnership between private and public business discissed today at Hilton Sofia businessmen, mayors, NGO representatives. Sofia`s mayor Stefan Sofiansky made opening remarks, Susan Hamilton, director in Prince of Wales International Business Leaeders Foru

Business | May 16, 2001, Wednesday // 00:00 | Viewed: 482

EUR 50 M CONTROLLER CENTER NEAR SOFIA

A controller center worth EUR 50 M opened at Sofia Airport. It will control the Bulgarian air traffic.

Business | May 16, 2001, Wednesday // 00:00 | Viewed: 509

BIOCHIM BANK BUYER REJECTED

Bulgaria rejected the sole bidder for a majority stake in state-owned Biochim Bank, local Hebrosbank, saying the buyer`s final offer of $22.7 M was too low.

Business | May 15, 2001, Tuesday // 00:00 | Viewed: 393

NATIONAL RADIO DIRECTOR DECLARED ILLEGAL

Bulgarian Highest Court declared today National Radio direcor Ivan Borislavov illegal. He was appointed by National Council for radio and television a coupple of months ago and the decision was followd by journalistic protests all over the country and in

Business | May 15, 2001, Tuesday // 00:00 | Viewed: 490

ZEEVI TO PAY PENALTY TO BALKAN

Zeevi Holdings, owner of a 75% stake in Balkan Airlines, must pay $5,643,664 in damages, the Privatization Agency announced. The penalty was imposed for default on investment commitments for a year and a half, from the date of the agreement, June 30, 1999

Business | May 15, 2001, Tuesday // 00:00 | Viewed: 648
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria