Business

KINETIC IS FIRST LUXURY SPORTS CLUB

Kinetic sports club was opened in Sofia with a high level party tonight. Many ministers, businessmen, editors came to the Kempinski Hotel building, where the club is located.

Business | March 31, 2001, Saturday // 00:00 | Viewed: 657

1000 IT BULGARIANS WORK IN GERMANY

1000 Bulgarian IT professionals work in Germany with so called green cards, was announced today. BG IT specialist are famous with their developers abilities in many countries.

Business | March 31, 2001, Saturday // 00:00 | Viewed: 530

PM TO ADDRESS KEY INVESTORS IN BULGARIA

Prime minister Ivan Kostov will meet soon key international investors in Bulgaria and is going to address them on the crisis in Macedonia. Kostov will assure them that there is no dnger to any exisiting or potential investor concerning the crisis.

Business | March 31, 2001, Saturday // 00:00 | Viewed: 589

FIRST BG TRANSIT TRADE ZONE

The first in BG transit trade zone will be built in the city of Varna, situated at the Black Sea seaside. The zone will be set up as a joint-stock company.

Business | March 30, 2001, Friday // 00:00 | Viewed: 650

EBRD WITH 2 PROJECTS FOR BG

The Board of the EU Bank for Investments and Development approved two more investment projects for stock acquisition in Eurobank and for a loan extended to Balkanpharma. EBRD plans to acquire 22.

Business | March 30, 2001, Friday // 00:00 | Viewed: 543

US CORP SUSPECTED FOR ILLEGAL SOFTWARE

An US company was suspected on Firday in Sofia for illegal software ussage, Business Software Alliance local office said. The police made an official check in the office of the design and architecture BJY company, owned by the US citizeb Greg V.

Business | March 30, 2001, Friday // 00:00 | Viewed: 662

RUSSSIANS WITH NO VISAS UNTIL OCTOBER

Russian citizens can enter Bulgaria with no visa regime until October 1, 2001, BG government decided. It is an atempt to save the already signed tourists contracts, as the government decided previously to impose visas for Russians due to the EU decision t

Business | March 30, 2001, Friday // 00:00 | Viewed: 552

GENERAL ELECTIONS TO BE HELD JUNE 17

The general election in Bulgaria will take place June 17, 2001, President P. Stoyanov stated on Thursday.

Business | March 30, 2001, Friday // 00:00 | Viewed: 729

EUR 5.4 M FOR SOCIAL PROJECTS

Funds amounting to EUR 5,4 M have been provided for the fulfillment of two social projects in Northwestern Bulgaria. EUR 4 M of the total amount will be invested in the development of the labor market and in the education field on behalf of the Social Min

Business | March 29, 2001, Thursday // 00:00 | Viewed: 564

DEM 10 M FOR MARKET PLACES

The german crediting institution Creditanschtalt fur Wiederaufbau will invest DEM 10 M in the building of market places for producers of fruits and vegetables in the city of Pleven.

Business | March 29, 2001, Thursday // 00:00 | Viewed: 635

RWE REMBRAUND TO INVEST DEM 1 B

By the end of April a Bulgarian-German joint venture will be established to operate Maritsa-East mines. German RWE Rembraund is ready to invest DEM 250 in Maritsa-East mines to rehabilitate the equipment.

Business | March 29, 2001, Thursday // 00:00 | Viewed: 717

GREECE TO GRANT EUR 54.3 M

In April the Greek Parliament will vote for a non-resource loan of EUR 54,3 M to Bulgaria. The funds will be used for the implementation of the recovery plan for the Balkans and in particular for the fulfillment of projects for development of the infrastr

Business | March 29, 2001, Thursday // 00:00 | Viewed: 710

BG AND GREECE WITH JOINT PROJECTS

Bulgarian-Greek investment forum was held in Plovdiv resulting in the cooperation of the Chamber of Commerce and Industry of Seres, Greece and the Plovdiv Chamber in implementing joint projects under the EU INTERREG 3 program. The preliminary agreed proje

Business | March 28, 2001, Wednesday // 00:00 | Viewed: 660

HILTON OPENED IN SOFIA

Five stars Hilton Hotel in Sofia made a soft opening for journalists. Hilton, which is located nearby the National palace of Culture, is ready for its official opening.

Business | March 28, 2001, Wednesday // 00:00 | Viewed: 732

$1 B LOSSES FROM BLACK SEA POLLUTION

Losses from pollution of the Black Sea amount to $1 B. Losses from fishery industry amount to $240 M and the lost revenue from the tourist sector amount to $400 M.

Business | March 28, 2001, Wednesday // 00:00 | Viewed: 715

FISON TO INVEST $10 M IN VARNA SHIPYARD

Swedish Fison Invest AB is ready to invest $10 M in Varna shipyard in the case that it can buy the whole works. The company intends to make long-term investments in the shipyard and to build two cruise ships with capacity of 850 to 1250 passengers.

Business | March 27, 2001, Tuesday // 00:00 | Viewed: 874

$306 000 GRANTED FOR REVENUE AGENCY

$306 000 will be granted for establishing Unified Revenue Agency in Bulgaria. The money has been lent by the Japanese budget as a non-recourse loan and will be administered by the World Bank.

Business | March 27, 2001, Tuesday // 00:00 | Viewed: 883

IMF SKOPIE MEETING POSTPONED

The forthcoming meeting of International Monetary Fund, due to be held in Skopie, Macedonia March 31 was postponed, a letter to Bulgarian finance minister M. Radev says.

Business | March 27, 2001, Tuesday // 00:00 | Viewed: 815

RILA SOLUTIONS IS MS GOLDEN PARTNER

The Bulgarian company Rila Solutions received on Tuesday the official certificate for Microsoft Golden partnership. It is the first MS Golden partner in the region.

Business | March 27, 2001, Tuesday // 00:00 | Viewed: 791

ISRAELI LEVAEV OWNER OF MOBILTEL

Israely businessman Lev levaev became oficially owner of 100% of Mobiltel - the only one GSM operator in Bulgaria on Tuesday. LL Telecommunications Holding owned by Levaev received the shares, but the it will sell soon some 25% to two other Israeli busine

Business | March 27, 2001, Tuesday // 00:00 | Viewed: 851

4% Threshold to Make It to Parliament*

The paries must have at least 4% of the votes to enter the parliament in the forthcoming elections. It is the same requirement as it exist at the moment.

Business | March 27, 2001, Tuesday // 00:00 | Viewed: 725
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