Bulgaria Air Profits Take Off
Bulgaria's flag carrier revenues for 2003 overshot projections by 20%. The company's management reported BGN 76 M of revenues in Rome, where it holds talks for cooperation with Italy's national flag carrier Al Italia.
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Telekom Austria Eyes Bulgaria's MobilTel Again
Telekom Austria AG has confirmed its interest in buying a majority stake in MobilTel, the Bulgarian mobile operator that is valued at up to EUR 1.4 B.
Bulgaria Expects More Russian Tourists
Russian tourist interest in Bulgaria is expected to be on the rise this year. We hope to revive the flow of Russian tourists toward Bulgaria, Deputy Economy Minister Dimitar Hadzhinikolov stated during the opening of the Bulgarian booth at the Moscow Int
PM Gives Alpinists Flag to Unfurl on Everest
Prime Minister Simeon Saxe-Coburg wished success to the ten Bulgarians who will start Sunday an expedition, heading for the world's highest peak, Mt Everest (8,848 m).
Italy Sees Bulgaria as Air Traffic Control Centre
Italy will back Bulgaria in its efforts to become a regional air traffic control centre for Central and Southeast Europe along with Brindizi. Bulgarian Transport Minister Nikolay Vassilev has been given the assurance by Italian Deputy Prime Minister Gian
Construction Ban in Sofia Main Park Looms
Construction works on plots in Sofia's second largest park will be banned after it emerged it will be carved up among developers.
Russia Bids for Bulgaria's Second N-Plant Construction
Russia will bid for the construction of second Bulgarian Nuclear plant at Belene, according to Russia's Deputy Minister of Nuclear Energy Vladimir Asmolov. The new Bulgarian plant will be equipped with two VVER-1000 nuclear reactors, Russian news agency
IMF to Bulgaria: Keep Currency Board Mode
The International Monetary Fund warned Bulgaria against giving up the currency board arrangement. This is not a good idea, the head of the International Monetary Fund (IMF) Mission to Bulgaria, Hans Flickenschield, commented in reaction to the proposal o
Some 80,000 Swedish Tourists to Flock to Bulgaria in 2004
More than 80,000 Swedish tourists will visit Bulgaria in 2004, the Swedish ambassador to the Balkan country Bertil Roth forecasted. Some 70,000 Swedish tourists came to Bulgaria in 2003.
Over 700 Participants in Sofia Construction Expo
More than 700 Bulgarian and foreign companies will take part in the special Stroiko 2000 Expo - the biggest commercial exhibition for architecture, construction, and furnishing that opened doors on Wednesday in Sofia. The steadily increasing number of par
New Bulgarian Coin for Palm Sunday
The Bulgarian National Bank (BNB) issued a special coin to mark Tsvetnitsa-Vrabnitsa (Palm Sunday) holiday that is widely celebrated in Bulgaria. The coin has weight of 15g and diameter of some 34.
Head of IMF Mission to Bulgaria Welcomed in Sofia
The head of the International Monetary Fund (IMF) Mission to Bulgaria, Hans Flickenschield, arrived in Bulgaria on Wednesday. The mission will continue until April 13.
Bulgarian Managers Fear Bankruptcy upon EU Entry
A total of 75 % of the managers of different Bulgarian companies fear that their firms might suffer economic loses after Bulgaria joins the European Union (EU) in 2007. The news was broken by eminent Bulgarian economist Marin Marinov, who is also among t
Cable Tel Launches Playboy TV Channel in Bulgaria
US CableTel is set to launch the Playboy TV channel as part of its ambitious programming line-up in Bulgaria. It has received the exclusive license for broadcasting the popular TV channel.
Cosmo Lures More Advertisers to Bulgaria
Landing on the Bulgarian market, Cosmopolitan magazine has the ambition to attract more foreign advertisers.
Cyprus Offshore Company Buys Plots in Sofia's Second Biggest Park
Offshore companies in Cyprus are to acquire land plots in Sofia's Southern park, the second largest park after the Borissova garden, it emerged surprisingly in the beginning of the week.
Bulgaria Pledges to Lower Taxes in 2005
Direct taxes will continue to decrease next year, Bulgaria's Finance Minister said. Milen Velchev pledged that corporate tax would decrease to 15%.
Tourism Info Center to Represent Bulgaria in Moscow
A Bulgarian tourism information center will open doors in Moscow. Today Economy Minister Lidya Shuleva and Sofia Mayor Stefan Sofianski have signed an agreement thereof, a proof of successful cooperation between private and public sector.
Sofia Airport Construction Seeks Revised Terms
The construction of a new runaway on Sofia Airport is facing a break off, Bulgarian press alarmed Monday. The contracting Kuwaiti-Arab consortium, composed of Mohammed Abdulmuhsin Al-Kharafi&Sons and Admak General Contracting Company, has requested a rev
Moratorium on GMO Proliferation Sought in Bulgaria
An environmentalist coalition called for the introduction of a moratorium on GMO proliferation in Bulgaria up to its EU accession.
Bulgarian Companies Face Bankruptcy upon EU Entry
One third of Bulgaria's small-sized companies are to go bankrupt after EU accession because of lack of certification to greenlight their produce on the common European market. The Bulgarian Crafts Chamber raised the alarm on Sunday, warning that Bulgaria
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