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
Bulgaria has attracted 21.96 % more tourists in January 2004 compared to the same period last year, Economy Ministry released on Friday.
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
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
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
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
Bulgarians living abroad have injected over BGN 2 B into the country's economy, Bozhidar Danev, Chairman of the Bulgarian Industrial Association, said on Friday. About BGN 1 B is the officially transferred money, while the other BGN 1 B is the approximat
Bulgarian State Railways will open an investment intermediary tender, officials announced Friday. The approved intermediary will act as a representative and mediator in the sale of a corporate bond issue of the company worth EUR 30 M.
More than 460 representatives of leading Bulgarians IT firms as well as municipal officials gathered Friday in Sofia to get familiar with the practical aspects of building e-municipality. The forum was organized by the Bulgarian office of International D
The number of the major Bulgarian taxpayers increases because of the improving investment climate, Nikolay Popov, Chief Executive of Bulgaria's Tax Directorate told local Darik radio. Popov also explained that an award would be presented to Bulgaria's ma
Hopes are high for Bulgaria to ink its major privatization deal - the sale of 65% in its telecom BTC to Viva Ventures - as on Friday the deadline for signing the contract expires. Last month the Privatisation Agency invited Viva Ventures to sign the cont
Controversies over dividend and mobile phone licence issues are likely to delay the expected signing of the contract for the sale of 65% stake in Bulgaria's dominant telecom carrier BTC by February 20, media reported, citing sources close to the sale.
Becoming a full-fledged member of the European Union, Bulgaria, along with the rest of accession countries, is awaited by "an economic miracle", similar to that enjoyed by post-war Germany, according to Hans-Werner Sinn, head of the IFO economic institute
Concessions for Bulgarian airports will be granted as of 2005, under amendments to the Civil Aviation Act, which the parliamentary economic commission adopted on Wednesday.
EU accession countries are increasing their attractiveness as favoured places for investments, an analysis of London-based Ernst&Young over investments in Europe 2003 shows. The upcoming member countries have attracted 14 % more investors to their econom
Top US companies are shifting eyes to Eastern Europe when it comes to decision-making about investments, according to a survey by the American Chambers of Commerce in Germany and the Boston Consulting Group, EUObserver reported. The survey has approached
Bulgaria's National Electricity Company (NEC) is ready to increase its power export to Greece to back up its electricity grid during the Olympic Games 2004, the state power utility announced. Yet there is no official asking from Greece to Bulgaria to bac
Bulgaria's participation in the major 2004 international tourism fairs - in Berlina, Moscow, Kiev and London - is put at stake after none of the six bidders accomplished the procurement criteria set by the Executive Agency for National Tourism Promotion a
If problems with Bulgaria's current account deficit persist, budget deficit for 2004 might be set at 0%, Bulgaria's Finance Minister Milen Velchev, cited by local media, said Wednesday. The minister was a guest lecturer at a meeting with representatives
A total of 73 % of Bulgarian managers and businessmen are unable to complete the EU standards due to shortage of adequate finances, a sociological research carried out by Bulgaria's Alfa Research has revealed. The results, which outlined Bulgarian busine
Bulgaria is on its way to turn into the Riviera on the Balkans, seeing a steady growth in recent years, according to Neli Sandalska, Deputy Chief of Bulgaria's Association of Tour Operators. She stated on Wednesday that the 18-percent increased tourist f
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
