Business

BBLF, Italian Business Seek to Boost Cooperation

Members of the Bulgarian Business Leaders Forum (BBLF) and representatives of the Italian business discussed future business cooperation and pledged to boost bilateral collaboration. The business representatives met at an official dinner held Monday eveni

Business | February 24, 2004, Tuesday // 00:00 | Viewed: 1139

Bulgaria's Third GSM Licence Holder Known within Month

The State Communications Regulation Commission (SCRC) will come up with a decision on Bulgaria's third mobile operator licence within a month, it emerged on Tuesday. A day earlier the country's sale body, the Privatisation Agency, submitted to SCRC a pro

Business | February 24, 2004, Tuesday // 00:00 | Viewed: 846

The Economist 5th Roundtable Looks into Bulgaria's Performance, Business Gains

Ways to turn Bulgaria's recent positive economic performance into sustainable business gains were on top of the agenda at The Economist Fifth Business Roundtable with the Government of Bulgaria, which opened February 24 at the Sheraton Sofia Hotel Balkan.

Business | February 24, 2004, Tuesday // 00:00 | Viewed: 1121

Bulgaria Presented at Mediterranean Tourism Exhibition

Bulgaria will be presented as a tourism destination at the 10th International Mediterranean tourism exhibition that will take place in Tel Aviv, Bulgarian media reported on Tuesday. Earlier in February it was announced that Bulgaria attracted 21.

Business | February 24, 2004, Tuesday // 00:00 | Viewed: 713

Italy's Air One, Volare Eye Bulgaria Air Sale

Italian companies Air One and Volare have shown considerable interest for the privatization of Bulgaria's national flag carrier Bulgaria Air, it emerged Monday during talks between Transport Minister Nikolay Vassilev and Italy's Adolfo Urso, deputy minist

Business | February 23, 2004, Monday // 00:00 | Viewed: 2682

Unfair Competition Main Obstacle to Bulgarian Business

Unfair competition was the major challenge for Bulgarian business last year, a research over the business climate in the country has revealed. The results of the inquiry, conducted last December by the Economic Analysis and Forecasts Institute and the Bu

Business | February 23, 2004, Monday // 00:00 | Viewed: 743

EU Trade Turnover of Bulgarian Business Hits 60 %

Bulgarian business has achieved a 60 % trade turnover with EU countries, European Affairs Minister Meglena Kuneva said on Monday. It comes to prove that Bulgarian business is already well-acquainted wit EU business and trade standards and stick to the EU

Business | February 23, 2004, Monday // 00:00 | Viewed: 668

Bulgarian, Italian Trade and Industry Forum Kicks Off in Sofia

Italy is the top destination of Bulgarian export in 2003, with 14.3 % share in total exports, Deputy Prime Minister and Economy Minister Lidiya Shuleva announced at the opening of the international forum under the motto "Bulgaria-Italy: Partnership in Ind

Business | February 23, 2004, Monday // 00:00 | Viewed: 1194

Greek Intralot Awarded License to Run Malta's Lottery

Greek Intralot, part of Intracom group, was awarded the exclusive 8-year license to operate all State Lottery games in Malta following an international tender and two years of negotiations. Maltco Lotteries Limited has been established, in which Intralot

Business | February 22, 2004, Sunday // 00:00 | Viewed: 2220

Bulgarian Telecom is "Europe's Laggard-Behind"

Despite its good financial status the Bulgarian Telecommunications Company (BTC) is the laggard-behind of all telecom operators in Europe, Deputy Prime Minister and Transport Minister Nikolay Vassilev told the Bulgarian National Radio on Sunday.

Business | February 22, 2004, Sunday // 00:00 | Viewed: 865

Bulgaria's Real Estate Market Hit 24-28 % Rise in Prices 2003

The average 2003 increase of Bulgarian real estate prices is between 24 % and 28 %, the Real Estates National Association Chairman Orlin Vladikov announced on Saturday. The boosted bank crediting at lower interest rates and the straight-forwarded state f

Business | February 21, 2004, Saturday // 00:00 | Viewed: 1328

Bulgarian Company Eyes Hunting Ammunitions Import from Serbia

Bulgaria's company Emco has contracted an import of ammunitions from an analogue production factory in the Serbian town of Valevo, Serbian news agency Beta informed on Saturday. The factory's director Dragan Filipovitch said that they would supply Bulgar

Business | February 21, 2004, Saturday // 00:00 | Viewed: 1133

Bulgaria's Telecom Deal to Generate Over EUR 1.1 B

The total financial effect of the deal of 65 % stake at Bulgaria's telecom, contracted to Viva Ventures, in consortium with the US Advent International, will strike over EUR 1.1 B, apart from the estimated dividend, Transport and Communications Minister N

Business | February 21, 2004, Saturday // 00:00 | Viewed: 847

Bulgaria's LukOil Neftochim Awarded Taxpayer 2003

The biggest oil consortium in Bulgaria Russian-Bulgarian LukOil Neftochim was awarded taxpayer of 2003 on Friday night with its total of BGN 1.5 B paid to the state treasury.

Business | February 21, 2004, Saturday // 00:00 | Viewed: 1092

Viva Ventures Set to Beat World Record with Bulgaria's GSM Network

Viva Ventures is firmly set to develop the country's third GSM mobile operator by beating the world record of nine months for putting the network into operation, Joanna James, Advent International Managing Director Central and Eastern Europe, said after s

Business | February 20, 2004, Friday // 00:00 | Viewed: 941

Viva Ventures Acquires 65% Stake in Bulgaria's Telco

Bulgaria's sale body and Viva Ventures signed the contract for the sale of 65% stake in Bulgaria's dominant telecom carrier BTC late on February 20, wrapping up the long-drawn-out sale of the telecom. Joanna James, Advent International Managing Director

Business | February 20, 2004, Friday // 00:00 | Viewed: 1060

Tourists Favor Bulgaria as Winter Holidays Place

Bulgaria has attracted 21.96 % more tourists in January 2004 compared to the same period last year, Economy Ministry released on Friday.

Business | February 20, 2004, Friday // 00:00 | Viewed: 646

Bulgaria Wraps Up Telecom Sale after Last-Minute Breakthrough

Bulgaria's sale body and Viva Ventures signed the contract for the sale of 65% stake in Bulgaria's dominant telecom carrier BTC late on February 20, wrapping up the long-drawn-out sale of the telecom. Iliya Vassilev, Privatisation Agency head, and Joanna

Business | February 20, 2004, Friday // 00:00 | Viewed: 1269

British Gallaher Interested in Bulgarian Tobacco Monopoly

British tobacco company Gallaher has shown interest in the piecemeal sale of factories included in Bulgaria's state tobacco monopoly Bulgartabac, Bulgarian Economy Ministry announced on Friday. Gallaher officials met Economy Minister Lidya Shuleva, who g

Business | February 20, 2004, Friday // 00:00 | Viewed: 1269

Over BGN 1 B Drained from Bulgaria's Steel Giant

Bulgaria's largest steel company Kremikovtzi has been accused of BGN 1,2 B drainage in the period June 1999-2000, according to a report of parliamentary Corruption Commission presented on Friday. The document, sent to the commission two days ago, reveals

Business | February 20, 2004, Friday // 00:00 | Viewed: 765

Breakthrough in Bulgaria's Telco Deal Reported

Deputy Prime Minister and Transport Minister Nikolay Vassilev and Viva Ventures, wholly-owned unit by British-based equity house Advent International, have reportedly managed to reach an agreement on the distribution of 2003 dividend of Bulgaria's dominan

Business | February 20, 2004, Friday // 00:00 | Viewed: 655
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