Business

82% OF ALL INDUSTRY IN BG IS PRIVATE

82% of Bulgarian industry is already private, N. Nikolov, MP said.

Business | March 18, 2001, Sunday // 00:00 | Viewed: 871

MARCONI CONTRACT RENEGOTIATED

The Bulgarian army contract with Marconi Mobile S.p.

Business | March 18, 2001, Sunday // 00:00 | Viewed: 932

METRO REMOVES SHOPPING LIMITS

Metro Bulgaria announce it removes the limits for a minimmuim amount of one-time shopping of 50 DEM. The german company owns the largest hypermarket network in Bulgaria - 6 shops with more than 10 000 customers daily.

Business | March 18, 2001, Sunday // 00:00 | Viewed: 953

$5 M INVESTED IN BG NUCLEAR PLANT

$5 M will be invested in safety maintenance of 1 & 2 power units of the Kozlodoui nuclear power plant on the Danube. The two reactors will be decommissioned by 2003.

Business | March 17, 2001, Saturday // 00:00 | Viewed: 848

TWO FIRED FROM GERMAN EMBASSY

Two Bulgarian employees were fired from German Embassy in Sofia, Knut Abraham, embassy spokesman said. Both were released for `bribe allegations` and used to be responsible for the entry lines which often are long couple of tens of meters.

Business | March 17, 2001, Saturday // 00:00 | Viewed: 910

DEM 85 MINIMUM SALLARY IN BULGARIA

The minimum monthly sallary in Bulgaria is already 85 DEM, government decided. It is stil mich lower than the average minimum in Central and Eastern Europe, expert said.

Business | March 17, 2001, Saturday // 00:00 | Viewed: 816

10% OF BG COMPANIES COMPETITIVE ABROAD

Only 10% of all Bulgarian companies could be competitive on the international markets, Market Economy Institute survay says. There are some 500 000 companies registered in Bulgaria, only 1/3 of the are active, K.

Business | March 17, 2001, Saturday // 00:00 | Viewed: 1105

NATIONAL RADIO BOSS DECLARED ILLEGAL

The newly appointed director of National Radio I. Borisslavov was declared illegal by the High Administrative court after one of the candidates apply against the procedure.

Business | March 16, 2001, Friday // 00:00 | Viewed: 909

19% UNEMPLOYMENT RATE IN BULGARIA

713 761 people are unemployed in BG. It is some 5 032 more than a month national employment service experts said.

Business | March 16, 2001, Friday // 00:00 | Viewed: 960

CATTLE EXPORT BAN TO EU LIFTED

Ban on Bulgarian export of live cattle to the EU countires will be lifted, V. Varbanov, BG minister of agriculture and Robert Callman, EU chief of Commission for health and consumers protection agreed in Brussels.

Business | March 16, 2001, Friday // 00:00 | Viewed: 1013

DEM 420 M BUDGET DEFICIT

DEM 420 M is the Bulgarian budget deficit, estimated at the end of February. DEM 892 M are the incomes, 1 312 M were the expenses.

Business | March 16, 2001, Friday // 00:00 | Viewed: 939

PRINCE OF WALES FORUM ON TOURISM

Conference on tourism and environment was held in Radisson SAS in Sofia under the organization of The Prince of Wales International Business Leaders Forum. More than 85 high level opinion makers in the business presented their views how to keep both touri

Business | March 15, 2001, Thursday // 00:00 | Viewed: 1085

AIR ATLANTIC LOOKS OVER BALKAN

Consortium Air Atlantic is willing to look over posiblitties to be strategic investor in Balkan Airlines, A. Tomov, Euroleftist party chairman said.

Business | March 15, 2001, Thursday // 00:00 | Viewed: 1194

IN JUNE OPTICAL FROM HASKOVO TO KAVALLA

EU PHARE program provided EUR 1.6 M for the building of optical cable line between South East Haskovo and Kavalla in Northern Greece.

Business | March 15, 2001, Thursday // 00:00 | Viewed: 1316

ERICSSON PROMISED BG SUPPORT

Ericsson will be the official Bulgarian consultant for the liberalization of the local telecom market in 2002, was announced in Stockholm after BG Deputy PM P. Zhotev met K.

Business | March 14, 2001, Wednesday // 00:00 | Viewed: 1659

BUSINESS EASTER APRIL 16 & 17 2001

Bulgarians living abroad and having succesful businesses will gather in Sofia April 16 and 17 for a meeting called Bulgarian Easter. Bulgarians living abroad becomes more and more fluent in the local business events.

Business | March 14, 2001, Wednesday // 00:00 | Viewed: 2261

UMTS IN BULGARIA AFTER 2004

UMTS licence will be delivered in Bulgaria after 2004, Grozdan Karadzhov, deputy-miniter of telecommunications said. Earlier the ministry announced it might be done in 2008.

Business | March 14, 2001, Wednesday // 00:00 | Viewed: 1982

CISCO TO DELIVER EQUIPMENT FOR MF

Cisco will deliver the equipment for the Bulgarian Ministry of finance through its local partner Lirex. First stage of the project is estimated for USD 1,5 M and includes delievery, assembling, maintaince and management of the equipment for 300 customers

Business | March 14, 2001, Wednesday // 00:00 | Viewed: 2113

KAPUSTIN SENTENCED TO 23 Y IN PRISON

Canadian citizen Michael Kapustin was sentenced to 23 years in prison by the Sofia court. Kapustin was a CEO of Life Choice International company, declared bankrupcy a couple of years ago and then left thousands of shareholders with no savings.

Business | March 13, 2001, Tuesday // 00:00 | Viewed: 2447

JAN/FEB: 1% INFLATION

Inflation From The Beginning Of The Year Amounted To 1 Per Cent by the official statistic today. January 2001 it was 0.

Business | March 13, 2001, Tuesday // 00:00 | Viewed: 2614

RODINA PRINTING HOUSE ON SALE

Rodina Printing House will be announced for sale soon, AP experts said. The building is located next to Sofia Airport and could be a potential luxury business center, not having in mind the modern printing equipment.

Business | March 13, 2001, Tuesday // 00:00 | Viewed: 2896
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