Business » Industry

BGN 55 M of Salaries Delayed at Bulgaria Steel Mill Kremikovtzi

The workers of Bulgaria’s bankrupt steel mill Kremikovtzi are awaiting delayed salaries and social security payments totaling BGN 56 M.

Business » Industry | November 5, 2009, Thursday // 10:02 | Viewed: 2364

Wood-Processing First Bulgarian Industry to Recover from Crisis

The wood-processing industry is one of the first economic sectors in Bulgaria which has started to recover from the economic crisis.

Business » Industry | November 3, 2009, Tuesday // 09:51 | Viewed: 2728

Bondholders Reject Recovery Plan for Bankrupt Bulgarian Steel Mill

The shareholders of the troubled steel-maker Kremikovtzi have rejected the recovery plan proposed by the assignee in bankruptcy, Tsvetan Bankov.

Business » Industry | October 30, 2009, Friday // 15:05 | Viewed: 1721

Australian Experts to Consult Bulgaria on Carbon Emissions

The Global Carbon Capture and Storage Institute (GCCSI) will consult Bulgaria on the construction of Maritsa East 4

Business » Industry | October 29, 2009, Thursday // 18:43 | Viewed: 1993

Glass Factory to Lay off 100 Workers in Bulgaria's Pleven

About 100 workers at the Rubin glass plant in the northern Bulgarian city of Pleven are expected to be declared redundant within the next month.

Business » Industry | October 26, 2009, Monday // 18:55 | Viewed: 3956

Bulgaria Top Military Plant VMZ Sopot Heavily in Debt to State

One of Bulgaria's largest military plants, VMZ Sopot, owes about BGN 50 M to the state.

Business » Industry | October 11, 2009, Sunday // 16:17 | Viewed: 2739

Bulgaria's Industrial Output Decline Starts Slowing down

The decline of Bulgaria's industrial production has started to slow down in August 2009 year-on-year.

Business » Industry | October 9, 2009, Friday // 16:06 | Viewed: 1724

Bulgaria Govt Delves into Causes of Kremikovtzi Steel Mill Collapse

Bulgaria's Ministry of Economy, Energy, and Tourism is going to start investigating the causes of the bankruptcy of the country's largest steel plant Kremikovtzi.

Business » Industry | October 8, 2009, Thursday // 18:42 | Viewed: 1519

Bulgaria's 1st Garbage Processing Plant Opened near Plovdiv

Bulgaria’s Prime Minister, Boyko Borisov, opened Thursday in the village of Shishmantsi, Rakovski Municipality, near Plovdiv the country’s first hard waste processing plant.

Business » Industry | October 8, 2009, Thursday // 18:26 | Viewed: 2175

Bulgaria Lead and Zinc Complex Jsc Gets Permit for New Plant

The leading Bulgarian non-ferrous metals producers, Lead and Zinc Complex Jsc (LZC), has received permission for modernization and expansion of its facilities.

Business » Industry | October 6, 2009, Tuesday // 19:29 | Viewed: 2420

Bulgaria's Metallurgy Sees 30% Decline since Start of Crisis

Bulgaria’s metallurgy sector has seen a slump of about 30% since the fall of 2008 when the economic crisis kicked in.

Business » Industry | October 5, 2009, Monday // 09:02 | Viewed: 1433

Kraft Foods Opens Expanded BGN 40 M Chocolate Factory in Bulgaria's Svoge

The American company Kraft Foods opened Friday its expanded chocolate factory in the Bulgarian town of Svoge to the northeast of the capital Sofia.

Business » Industry | October 2, 2009, Friday // 17:38 | Viewed: 6908

Bulgaria PM Breaks Ground of New Factory in Shumen Region

Bulgaria's Prime Minister, Boyko Borisov, broke the ground of a new factory for men clothing in the village of Venets, near the city of Shumen.

Business » Industry | September 25, 2009, Friday // 18:30 | Viewed: 1864

Bulgaria Steel Giant Kremikovtzi to Lay off 600 More Workers

600 more workers will be laid off by the ailing Bulgarian steel mill Kremikovtzi, according to its syndic, Tsvetan Bankov.

Business » Industry | September 23, 2009, Wednesday // 19:49 | Viewed: 1651

Bulgaria Sofia to Build Tram, Subway Car Factory

Sofia is planing to build a plant for the production of tram and metro cars, the city's Chief Architect, Petar Dikov, announced Thursday.

Business » Industry | September 17, 2009, Thursday // 15:31 | Viewed: 2028

Dundee Precious Metals CEO Gives Thumbs up to Bulgaria Cabinet

Bulgarian Prime Minister, Boyko Borisov, and the new cabinet have the will and the desire to change the investment climate and turn their country into a preferred business destination.

Business » Industry | September 15, 2009, Tuesday // 19:26 | Viewed: 3295

Bulgaria Gets EU Globalization Fund Aid for Steel Giant Layoffs

Bulgaria is going to get BGN 5 M from the European Globalization Adjustment Fund in order to help the workers laid off from its ailing steel giant Kremikovtzi to find new jobs.

Business » Industry | September 13, 2009, Sunday // 19:36 | Viewed: 2001

Bulgaria Industry with Small Growth in July 2009

Bulgaria's industrial production grew by 1,6% in July 2009 compared to the previous month.

Business » Industry | September 10, 2009, Thursday // 19:12 | Viewed: 1838

Bulgaria Steel Behemoth Faces Cash Hole of BGN 1 B

The market evaluation of Bulgaria's obsolete steel mill Kremikovtzi is BGN 837 M, according to the appraisers' report published on the company's internet site.

Business » Industry | September 3, 2009, Thursday // 16:01 | Viewed: 1689

Bulgaria Steel Mill Creditors 'Ready' to Become Shareholders

The 57 largest creditors of the Bulgarian steel mill Kremikovtzi are ready to capitalize their debts and become shareholders according to Podkrepa union leader Lyudmil Pavlov.

Business » Industry | August 30, 2009, Sunday // 15:28 | Viewed: 1560

Bulgaria Producer Prices Continue to Fall in July

Bulgaria's producer price index (PPI) dropped 10,6% in July on an annual basis, following a decrease by 7,3% year-on-year the previous month, official data shows.

Business » Industry | August 28, 2009, Friday // 12:00 | Viewed: 1214
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria