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The Bulgaria 2009 Review: Industry

Kremikovtzi Steel Mill Saga - the End of Hopes

Business » Industry | December 30, 2009, Wednesday // 07:52 | Viewed: 3670

Bulgarian Agro-Chemical Plant Himko back in Business by End 2010

Nikolay Galchev, the Bulgarian building contractor, has announced on Friday that he has bought the Vratsa-based Himko agro-chemical works for an undisclosed sum.

Business » Industry | December 18, 2009, Friday // 19:15 | Viewed: 3180

Bulgaria Starts Privatization of Cigarette Monopoly Bulgartabac

Bulgaria's Privatization Agency announced Friday an open tender for selecting a consultant for the privatization of the state-owned cigarette monopoly Bulgartabac.

Business » Industry | December 18, 2009, Friday // 15:12 | Viewed: 2856

Mass Workers' Strike in Top Bulgarian Military Plant VMZ Sopot

Hundreds of workers are out on strike for a second day in a row Thursday in one of Bulgaria's largest military plants, VMZ Sopot.

Business » Industry | December 17, 2009, Thursday // 09:46 | Viewed: 2065

Bulgaria Cement Producers Announce Partial Plant Shutdown

Devnya Cement and Vulkan Cement have announced that they have temporarily shut down all the furnaces in two of their production plants.

Business » Industry | December 16, 2009, Wednesday // 15:54 | Viewed: 2393

Brussels: Bulgarian Steel-maker Restructuring Failed

The European Commission has found that the Bulgarian steel producer Kremikovtzi did not implement the business plan established for its restructuring, its spokesman announced.

Business » Industry | December 16, 2009, Wednesday // 15:13 | Viewed: 2544

Bulgarian Maritsa Iztok 2, Bulgargaz Top Management Changed

The Board of Directors of Bulgarian Energy Holding (BEH) have announced a reshuffle of the top management of subsidiaries Bulgargaz and Maritsa Iztok 2.

Business » Industry | November 29, 2009, Sunday // 13:56 | Viewed: 2082

Japan Supplies Engines to Bulgaria Shipbuilder Bulyard

Bulyard Shipbuilding Company, the largest Bulgarian marine constructor, has recently begun work on an international project.

Business » Industry | November 29, 2009, Sunday // 12:44 | Viewed: 2287

Bulgarian Industry Association Wants Emergency State Aid over Crisis

The National Council of the Bulgarian Industrial Capital Association (BICA) has demanded emergency government measures to guarantee the survival of the country's industry sector.

Business » Industry | November 26, 2009, Thursday // 17:22 | Viewed: 2134

Chinese Car Factory to Open in Bulgaria's Lovech by End of 2010

A Chinese car factory is supposed to start operating by the end of 2010 in the northern Bulgarian city of Lovech.

Business » Industry | November 24, 2009, Tuesday // 15:47 | Viewed: 4139

Bulgaria Lost 29 000 Jobs in Machine Building Sector over Crisis

The economic crisis has had a "devastating impact" on the machine building sector in Bulgaria, according to Iliya Keleshev, head of the Bulgarian Branch Chamber for machine building.

Business » Industry | November 23, 2009, Monday // 19:44 | Viewed: 3281

Economic Crisis Brings Bulgarian Industry back to 1985 Levels

The effects of the economic crisis have brought the Bulgarian industry back to its levels from 1985.

Business » Industry | November 23, 2009, Monday // 07:57 | Viewed: 1847

Bulgaria Obsolete Steel Mill Relinquishes Permit Quest

Bulgaria's former largest steel mill "Kremikovtzi" had withdrawn the application for a complex permit for its environmentally clean productions.

Business » Industry | November 19, 2009, Thursday // 19:06 | Viewed: 1789

Bulgaria Govt, Trade Unions Clash over Steel Mill

Bulgaria's government has ruled out adopting a proposal for two of the biggest bondholders of indebted Kremikovtzi steel mill, state-owned companies, to acquire a majority stake in it to prevent an imminent shutdown.

Business » Industry | November 18, 2009, Wednesday // 14:52 | Viewed: 1419

Bulgaria Trade Unions Seek Way Out of Steel Mill Deadlock

Trade unionists have repeated their calls on the government to adopt a recovery plan for Bulgaria's indebted steel behemoth Kremikovtzi and prevent its imminent shutdown.

Business » Industry | November 18, 2009, Wednesday // 09:35 | Viewed: 1425

Bulgaria Steel Mill Rally Calls on Bondholders to Buy Majority Stake

Protesting workers from Bulgaria's indebted Kremikovtzi steel mill have demanded that two of the biggest bondholders of the ailing plant acquire a majority stake in it to prevent an imminent shutdown.

Business » Industry | November 16, 2009, Monday // 16:40 | Viewed: 1339

Bulgaria Steel Workers Protest over Kremikovtzi Liquidation Plan

Workers from Bulgaria's former largest steel-maker Kremikovtzi are protesting Monday against the center-right GERB government’s plan to liquidate the mill.

Business » Industry | November 16, 2009, Monday // 09:39 | Viewed: 2048

Bulgaria Steel Workers Delay Rally against Shutdown

Workers from Bulgaria's Kremikovtzi steel mill have postponed their Thursday's rally for Monday, when they will protest against unpaid salaries and the imminent closure of the indebted plant.

Business » Industry | November 12, 2009, Thursday // 11:00 | Viewed: 1233

Sofia Architect: Kremikovtzi Liquidated, Bulgarian Capital Expands North

The Bulgarian capital is set to expand to the north with the almost certain liquidation of the Kremikovtzi steel-maker.

Business » Industry | November 11, 2009, Wednesday // 23:55 | Viewed: 2247

Bulgaria Steel Workers Rally as Shutdown Looms

Workers from Bulgaria's Kremikovtzi steel mill have announced they will renew their protests on Thursday, rallying against unpaid salaries and the imminent closure of the indebted plant.

Business » Industry | November 11, 2009, Wednesday // 20:04 | Viewed: 1661

Bulgaria Ministers Write off Crippled Steel Giant Kremikovtzi

Key Bulgarian Ministers have made it clear that bankrupt steel-making giant Kremikovtzi would most likely be liquidated.

Business » Industry | November 11, 2009, Wednesday // 17:51 | Viewed: 1624