Business » Industry

Bulgarian Opposition MP Slams Bulgartabac Privatization

The privatization deal for Bulgaria's cigarette producer Bulgartabac is scandalous, according to opposition Bulgarian Socialist Party MP Ana Yaneva.

Business » Industry | September 4, 2011, Sunday // 12:11 | Viewed: 1848

Bulgaria's EconMin Vows Bulgartabac Buyer to Be Known 'Soon'

The name of the actual buyer of the State-owned cigarette-maker monopoly Bulgartabac is going to be revealed very soon, Economy and Energy Minister, Traicho Traikov, promised.

Business » Industry | September 3, 2011, Saturday // 19:18 | Viewed: 2025

Bulgaria Seals Sale of Bulgartabac to Russian Bank VTB

The Supervisory Council of Bulgaria's Privatization Agency has given the final go-ahead for the sale of state cigarette-maker Bulgartabac to BT Invest, a firm wholly owned by Russia's government bank VTB.

Business » Industry | September 2, 2011, Friday // 18:25 | Viewed: 2172

Bulgaria Ready to Seal Bulgartabac Deal amidst Protest Rally

The contract with BT Invest, the candidate to purchase the Bulgarian State-owned cigarette maker Bulgartabac Holding has received preliminary approval Thursday, and will be examined and voted on Friday.

Business » Industry | September 2, 2011, Friday // 12:18 | Viewed: 2713

Russia Asked Guarantees for Future Claim against Bulgartabac

The Russian Federation has submitted a request for a guarantee for a future claim against the Bulgarian State-owned cigarette maker Bulgartabac Holding, but the Sofia City Court had not examined it.

Business » Industry | September 2, 2011, Friday // 08:44 | Viewed: 2267

Bulgarian PM, Deputy, EconMin to 'Watch' Bulgartabac Deal

Bulgaria's Prime Minister, Boyko Borisov, Deputy PM and Finance Minister, Simeon Djankov, and Economy and Energy Minister, Traicho Traikov, will monitor closely the sale of the country's State-owned tobacco monopoly Bulgartabac.

Business » Industry | September 1, 2011, Thursday // 15:02 | Viewed: 2441

Ex Economy Minister Accuses Bulgarian PM of Orchestrating Bulgartabac's Sale

Powerful economic circles in Bulgaria featuring the participation of Prime Minister Boyko Borisov are behind the privatization deal of cigarette maker Bulgartabac, according to Rumen Ovcharov, a Socialist MP and former Economy Minister.

Business » Industry | August 31, 2011, Wednesday // 15:28 | Viewed: 1917

Bulgaria's Privatization Head Up in Defense of Bulgartabac's Sale

The sale of the Bulgarian state-owned tobacco company Bulgartabac to Russian state bank VTB is favorable for Bulgaria, according to the head of Bulgaria's Privatization Agency Emil Karanikolov.

Business » Industry | August 31, 2011, Wednesday // 15:11 | Viewed: 2270

Russia's State Bank VTB Approved as Buyer of Bulgaria Tobacco Monopoly

The Governing Board of Bulgaria's privatization agency approved Wednesday the sale of the State-owned tobacco monopoly Bulgartabac Holding to the Austria-registered BT Invest.

Business » Industry | August 31, 2011, Wednesday // 12:49 | Viewed: 3282

Bulgaria's Bulgartabac Costs at Least EUR 160 M - Ex Deputy Minister

Bulgaria will be providing a grant of EUR 60 M to Russian state bank VTB if it sells its cigarette maker Bulgartabac to VTB's subsidiary BT Invest, according to Dimcho Mihalevski, a Socialist MP.

Business » Industry | August 31, 2011, Wednesday // 12:25 | Viewed: 1589

Syndicates Go for Strike against Bulgarian Cigarette Maker Sale

Bulgaria's tobacco industry syndicates have decided to stage on Friday their protest rally against the sale of state-owned cigarette-maker Bulgartabac to Russian-owned bank VTB, the sole bidder for the company's privatization.

Business » Industry | August 30, 2011, Tuesday // 20:42 | Viewed: 2193

Ruined Bulgarian Steel Mill Workers to Receive Overdue Pay

Workers from the now-closed steel mill Kremikovtzi, near the Bulgarian capital Sofia, have renewed hopes they can receive their overdue salaries and wages through the Court.

Business » Industry | August 30, 2011, Tuesday // 08:37 | Viewed: 2890

Bulgarian Syndicates Revolt against Bulgartabac's Sale to Russian Bank

Bulgaria's tobacco industry syndicates have risen against the sale of state-owned cigarette-maker Bulgartabac to Russian-owned bank VTB, the sole bidder for the company's privatization.

Business » Industry | August 29, 2011, Monday // 18:56 | Viewed: 1706

Bulgaria's 'On Sale' Cigarette Maker with BGN 3 M Profit in Q2

Bulgartabac Holding AD, the state-owned Bulgarian cigarette maker which is on sale, ended the second quarter of 2011 with a profit of BGN 2.

Business » Industry | August 29, 2011, Monday // 18:39 | Viewed: 1385

Only Bidder Offers Minimum Price for Bulgarian Cigarette Maker Bulgartabac

The only candidate to buy Bulgaria's state-owned cigarette producer Bulgartabac Holding, the Austria-registered firm BT Invest owned by Russia's second-biggest bank VTB, has offered a price of EUR 100.

Business » Industry | August 29, 2011, Monday // 16:43 | Viewed: 1961

Bulgaria Oldest Brewery Sells Malt Production to French Co

The French company Malteries Soufflet is acquiring the malt production of Bulgaria's oldest commercial brewery "Kamenitza.

Business » Industry | August 29, 2011, Monday // 14:05 | Viewed: 3425

Bulgarian Tobacco Giant Binding Offer Deadline Set for Aug 29

The deadline for submitting binding offers for the sale of Bulgaria's former tobacco monopoly Bulgartabac is expiring Monday.

Business » Industry | August 29, 2011, Monday // 10:17 | Viewed: 1686

Bulgaria's Furniture Industry Lost Forever 20% of Pre-Crisis Volume - Expert

Bulgaria's furniture industry will hardly ever manage to recover its pre-2008 output even after the economic crisis is overcome, according to the director of furniture producers' chamber.

Business » Industry | August 25, 2011, Thursday // 14:45 | Viewed: 1963

Mining Makes 5% of Bulgaria's GDP but Fails to Pay Workers' Salaries

The management of Bulgarian Gorubso Madan lead and zinc mine reached an agreement with miners, who had threatened to strike after not receiving their salaries for at least 3 months.

Business » Industry | August 18, 2011, Thursday // 20:27 | Viewed: 2002

Bulgarian Govt Makes BGN 12 M by Privatizing Construction Firm

Bulgaria's government is selling "Industrial Construction Holding", a state company, to a local private investor for BGN 12.

Business » Industry | August 15, 2011, Monday // 18:30 | Viewed: 2035

Bulgaria's Ruse Shipyard Builds Ship in Record Time

The shipyard in Bulgarian Danube city of Ruse built a sea-faring ship for 3.5 months instead of the usual 12-month period.

Business » Industry | August 14, 2011, Sunday // 19:01 | Viewed: 3267
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