Bulgaria Sees Possibility to Produce Mercedes Spare Parts
Bulgaria is a prospective partner of Daimler Chrysler in manufacturing Mercedes spare parts, according to officials from Bulgarian Defense Ministry.
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Bulgarian Petrol Giant Seeks to Strengthen Market Positions
Petrol Holding, which is the new name of Naftex Bulgaria Holding, is planning to launch new market initiatives in 2004. Former Naftex branch of Petrol S.
Novinite.com, Mtel Launch Unique SMS News Service in English
Novinite.com, together with leading Bulgarian mobile operator Mtel, launched a unique SMS news service, providing all the latest news directly to subscribers' mobile phones, daily.
Four Bulgarian Bankrupt Banks on Sale in 2004
Four Bulgarian bankrupt banks - Capitalbank, Balkan Universal Bank, Slaviani TB and Crystalbank - will be put out for sale in 2004, as soon as their audit reports are ready, Chairman of the state Deposit Guarantee Fund Bisser Manolov, cited by local Capit
Busy Hotels Building on The Way in Famous Bulgarian Resort Bansko
Municipal Council in Bulgaria's famous winter resort Bansko designated some 800 decares for building of new hotels, and most of the plots have already been sold, mayor of the town Alexander Kravarov told Bulgaria's Dnevnik daily. In Kravarov's words, bot
Bulgaria Set for 4% Wages Increase in 2004
In 2004, the actual wages increase in Bulgaria is expected to amount to some 4%, the country's Finance Minister Milen Velchev told Sofia-based Darik radio on Saturday. Rapid credit growth is also expected to allay next year, the minister said.
Turkey's Sisecam Launches Glass Manufacturer Project in Bulgaria
Turkey's Sisecam launched its project for building a production line for flat glass in the Bulgarian town Targovishte, making the biggest greenfield investment in this field in the country. Geological studies were given the green light on Friday under a
Consultant Contest for Bulgaria's Tobacco Giant Subsidiaries On
Tobacco giant Bulgartabac officially launched the contest for a consultant on the sale of its subsidiaries. Bids can be submitted by Jan 26, 2004.
DaimlerChrysler to Upgrade Automobile Park of Bulgaria's Army
Automotive company DaimlerChrysler will modernize the automobile park of Bulgaria's army under a contract, signed between Bulgaria's Defense Minister Nikolay Svinarov and the head of the company's governmental programs department Hartmuth Kremer, on Frida
Bulgaria's GDP Up by 4.3% y/y
Bulgaria's GDP has gone up by 4.3% over the third quarter of 2003 as compared to the same period in 2002.
Bulgaria's Economy on the Rise
Bulgaria's economy marks a stable, upward tendency, however, that is not enough, the country's Economy Minister Lidia Shuleva told in an interview for local Darik Radio. She pointed out that the further boosting of the economy development should be accom
Sony Ericsson T610 Named Bulgaria's Mobile of the Year
Sony Ericsson T610 is the 2003 winner in the mobile phones category of "Device of the year" contest. There were 23 categories in black and white goods contest.
Parliament Passed Bulgaria's 2004 Budget
Bulgaria's Parliament passed on second reading the 2004 budget of the country following the many disputes it triggered. The fiscal reserve for 2004 was set to BGN 2.
Czech CEZ Eyes Bulgaria's Energy Privatisation
Czech power giant CEZ has officially expressed interest in the privatisation of seven Bulgarian power distributors. The company has passed on to Bulgaria's Privatisation Agency "Documentation on Qualification" as a first step toward taking part in the pr
Bulgaria's National Power Distributor "Company of the Year"
Bulgaria's National Power Distribution Company was awarded Best Company 2003 by the country's Chamber of Commerce. The main criteria for the selection were companies' revenues for 2002.
Bulgarian Power Plant Starts Exports to Turkey
Bulgaria's Maritsa East 3 thermal power plant started Wednesday electricity exports to neighboring Turkey. Three of the plant's units are working at full capacity since unit 2 is currently under reconstruction.
EBRD Grants EUR 60 M Loans for Sewage Modernization in Bulgaria
Six Bulgarian sewage-construction and water supply utilities will be given the right to borrow up to EUR 60 M from the European Bank for Reconstruction and Development with no need of state guarantees, Bulgaria's Regional Development Minister Valentin Tse
Bulgaria's Gross Foreign Debt Up by EUR 34.7 M
Bulgaria's gross foreign debt in the end of October reached EUR 10.650 B, which shows an increase of EUR 34.
Investigation into Sofia Municipal Bank Urged after Shady Asset Deal
Sofia Municipal Bank manages all of the capital's funds and an investigation into its activities is most likely, Lyuben Dilov, municipal councillor and chairman of the conservative movement Gergyovden said on Tuesday, referring to the controversial transf
Russian Carriers to Bulgaria's Coastal Airports Not Named
The Russian state civil aviation service has refused to name Russian carriers to conduct the regular flights to the Bulgarian Black Sea cities of Varna and Burgas, Russian newspaper Vedomosti wrote.
Unpaid Taxes in Bulgaria Amount to BGN 1,7 B
Unpaid taxes in Bulgaria amount to BGN 1, 7 B the public tax bulletin for December revealed. It also shows that the number of tax debtors in Bulgaria has reached 4916.
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