Business » Industry

No Bidders for Bulgaria Steel Behemoth, Auction Fails

The auction of bankrupt steel giant Kremikovtzi, considered the pride of the communist-era industry in Bulgaria, has failed to attract any bidders and now the government will have to cut further its price.

Business » Industry | September 13, 2010, Monday // 13:32 | Viewed: 1714

Go-Ahead for Bulgaria Steel Mill Lackluster Auction

The auction of bankrupt steel giant Kremikovtzi, considered the pride of communist-era industry in Bulgaria, opens on Monday amid expectations that it will fail to attract any bidders and the government will cut the price.

Business » Industry | September 13, 2010, Monday // 07:34 | Viewed: 1580

UK Fund Set to Open Electric Car Plant in Bulgaria by 2011

UK investment fund Quorus Ventures will open Bulgaria's first factory for electric cars by the end of 2010.

Business » Industry | September 10, 2010, Friday // 15:24 | Viewed: 2817

Bulgaria Industrial Output Down in July

Bulgarian industrial production marked a 0.6% decrease year-on-year in July after going up by 3,6% the previous month, the national statistics institute said on Friday.

Business » Industry | September 10, 2010, Friday // 13:56 | Viewed: 1492

Bulgarian Delegation Sets Out to Woo Chinese Industrial Zone Investors

Bulgaria’s Deputy Economy Minister Evgeni Angelov is heading a high-level Bulgarian delegation to China to attract investors for the future industrial zone in Bozhurishte near Sofia.

Business » Industry | September 8, 2010, Wednesday // 19:30 | Viewed: 1957

Bulgaria's Sopot with 'Ultra Modern' Water Purification Station

Bulgaria's Boyko Borisov opened a much-advertised station for purification of waste waters near the central town of Sopot.

Business » Industry | September 5, 2010, Sunday // 20:14 | Viewed: 1855

US Company Buys Israeli Tracking Devices Producer with Bulgarian Plant

US company 3M Co has announced it is purchasing the Israeli human tracking devices producer Attenti Holding SA, which has industrial facilities in Bulgaria’s Plovdiv.

Business » Industry | August 31, 2010, Tuesday // 19:12 | Viewed: 1987

Bulgaria's Key Chimimport Group Marks Marginal Up in Profits

The Bulgarian Chimimport Holding group has registered a 3% growth in net profits for the first half of 2010 notwithstanding greatly decreased revenue for the period.

Business » Industry | August 31, 2010, Tuesday // 14:39 | Viewed: 1770

Bulgarian Tobacco Company Registers Huge Profit Increase

Bulgartabac, Bulgaria's state tobacco company, has registered a 166% increase in net profit for the first half of 2010 in comparison with the same period last year.

Business » Industry | August 30, 2010, Monday // 14:59 | Viewed: 2170

Eurostat: Bulgaria's June Industrial Orders Up 25% Y/Y

In June 2010 compared with May 2010, the EU industrial new orders index rose by 2,4%, according to estimates released by Eurostat, the statistical office of the European Union.

Business » Industry | August 24, 2010, Tuesday // 19:06 | Viewed: 1865

Bulgarian Furniture-Makers Overcome Crisis

Bulgarian furniture producers have managed to overcome the effects of the economic crisis, according to data of the Bulgarian Chamber of the Wood-Processing and Furniture Industry.

Business » Industry | August 13, 2010, Friday // 09:51 | Viewed: 1829

Bulgaria EU's Greatest R&D Laggard, Focus on Engineering Urged

Bulgaria's economy is ranking last in innovations and research and development, according to a research report of the Bulgarian Industrial Association.

Business » Industry | August 12, 2010, Thursday // 20:37 | Viewed: 1727

Bulgarian Miners, Environmentalists Tangled in Industrial Conflict

Some 150 miners protested in downtown Sofia against what they see as a malicious campaign on part of an environmental organization against their employer.

Business » Industry | August 10, 2010, Tuesday // 16:57 | Viewed: 2260

Bulgarian Industry Output Up in June

Bulgaria's industrial production registered a 3,6% increase in June 2010, which is the biggest increase year-on-year since the beginning of the economic crisis.

Business » Industry | August 10, 2010, Tuesday // 12:03 | Viewed: 1767

NAVIBULGAR to Build 6 Ships in Bulgaria's Varna

The Navigation Maritime Bulgare company (NAVIBULGAR) is planning to construct at least 6 ships in the ship building yard of MTG-Dolphin PLC in the Bulgarian Black Sea city of Varna.

Business » Industry | August 9, 2010, Monday // 14:06 | Viewed: 2249

Court Rules in Favor of Bulgarian Govt over Bankrupt Steel Giant

The Supreme Administrative Court has ruled in favor of the Bulgarian government with respect to state aid recognition claims for the bankrupt steel plant Kremikovtzi.

Business » Industry | August 4, 2010, Wednesday // 16:30 | Viewed: 2150

Vorskla Steel: Bulgarian Steel Behemoth Price Inflated

Rumors are still circulating that Vorskla Steel Bulgaria, controlled by Ukrainian businessman Konstantyn Zhevaho wants to buy the assets of liquidated Bulgarian steel giant Kremikovtzi.

Business » Industry | August 2, 2010, Monday // 13:59 | Viewed: 2252

Bulgaria's PM to Open Construction of Lot 3 of Trakiya Highway

Bulgaria's PM Boyko Borisov and the Minister for Regional Development, Rosen Plevneliev, will make the first groundbreaking of Lot 3 of the Trakiya Highway on Monday.

Business » Industry | August 1, 2010, Sunday // 18:46 | Viewed: 2412

Vorskla Steel Declares Interest in Owning Bulgaria's Obsolete Mill

The CEO of Vorskla Steel Bulgaria, Viktor Demyanyuk, declared at a press conference Wednesday that the company is still interested in purchasing the Bulgarian obsolete steal mill Kremikovzi.

Business » Industry | July 28, 2010, Wednesday // 18:59 | Viewed: 2152

Bulgaria Troubled Steel Behemoth Assets Put on Sale

The site and assets of Bulgaria's largest steelmaker Kremikovtzi will be offered for sale in the middle of September, four months after the behemoth was sent into liquidation.

Business » Industry | July 28, 2010, Wednesday // 15:02 | Viewed: 2405

Bulgaria Still Stands Chances to Attract Huge Investment by Austria's Voestalpine

The decision of the Austrian steel giant Voestalpine AG to make a large-scale investment in a new steel plant in the Black Sea region is still up in the air, the company told (Sofia News Agency).

Business » Industry | July 27, 2010, Tuesday // 15:23 | Viewed: 3093
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