Business » Industry

Bulgaria's Machine Building Reached 95% of 2008 Exports in 2010, Still in Crisis

Bulgaria's machine-building sector is still facing a serious crisis, which will probably continue well into 2012, according to Iliya Keleshev, head of the Bulgarian Branch Chamber for machine building.

Business » Industry | July 8, 2011, Friday // 19:35 | Viewed: 2562

Russia's VTB Bank Behind Bulgartabac Bidder BT Invest

Russia's second-biggest bank VTB stands behind one of the two Austria-registered bidders for Bulgaria's state-owned tobacco giant Bulgartabac, officials said on Friday.

Business » Industry | July 8, 2011, Friday // 16:57 | Viewed: 3283

Sisecam to Invest USD 60 M More in Its Glass Plants in Bulgaria

Turkish industrial giant Sisecam is going to invest USD 60 M more in its production facility for household glass in Bulgaria's Targovishte through its subsidiary, Trakiya Glass Bulgaria.

Business » Industry | July 7, 2011, Thursday // 13:21 | Viewed: 2415

Bulgaria's Industrial Sector Keeps Growing

Bulgaria's industrial production increased by 7.8% in May 2011 year-on-year, according to fresh data from the National Statistical Institute.

Business » Industry | July 7, 2011, Thursday // 11:33 | Viewed: 2130

Bulgaria Sale Body Admits Mystery Veils Bulgartabac Bidders

The head of Bulgaria's sale body has confirmed media reports that nobody knows yet who stands behind the two Austria-registered bidders for the state-owned tobacco giant Bulgartabac.

Business » Industry | July 7, 2011, Thursday // 10:37 | Viewed: 1807

Bulgaria's Corporate Bank Head Denies Links to Bulgartabac Bidders

The head of Bulgaria's Corporate Commercial Bank, which is believed to finance the media group of mogul Irena Krasteva, has denied he is interested in the privatization of the country's state tobacco giant Bulgartabac Holding.

Business » Industry | July 6, 2011, Wednesday // 13:52 | Viewed: 2316

Swiss-Based Engineering Giant ABB Reaches 1 000 Employees in Bulgaria

The Bulgarian subsidiary of Swiss-based engineering manufacturer ABB Group has marked the employment of its 1000th employee in Bulgaria, the company announced in a statement.

Business » Industry | July 5, 2011, Tuesday // 16:29 | Viewed: 9085

British American Tobacco Remains Only Strategic Bidder for Bulgartabac

Only three companies have remained to bid for the privatization of Bulgaria's state-owned cigarette-making giant Bulgartabac Holding, and only one of them is a strategic investor – British American Tobacco.

Business » Industry | July 4, 2011, Monday // 19:26 | Viewed: 3192

Bulgaria's Economy Minister Upbeat about Bulgartabac's Privatization

The privatization of the Bulgarian state-owned cigarette produce Bulgartabac will be successful thanks to the privatization criteria, according to Economy Minister Traicho Traikov.

Business » Industry | June 24, 2011, Friday // 15:32 | Viewed: 1713

BGN 50 M Waste Recycling Plant Launched in Bulgaria's Varna

A waste recycling plant, an investment worth about BGN 50 M, was formally inaugurated at the Bulgarian Black Sea city of Varna.

Business » Industry | June 18, 2011, Saturday // 19:33 | Viewed: 3561

Philip Morris, BAT Dump Bulgaria's Cigarette Maker Sale - Report

Philip Morris and British American Tobacco, the two biggest companies, which purchased public procurement documents for acquiring a majority stake in Bulgaria's cigarette maker Bulgartabac, have no intentions to bid, reports say.

Business » Industry | June 14, 2011, Tuesday // 12:34 | Viewed: 3169

Great Wall JV to Produce EU Cheapest Cars in Bulgaria

Voleex C10 sedan, Hover H5 SUV and Steed pickup are the three different vehicle models, which Chinese car maker Great Wall Motor Co and Bulgarian company Litex Motors will produce in the town of Lovech, Northern Bulgaria, at very competitive prices.

Business » Industry | June 12, 2011, Sunday // 15:40 | Viewed: 5951

Minister: Rising Productivity in Bulgaria Mandates Upping Minimum Wage

The Bulgarian government's decision to up the minimum wage starging July 1 is based on a stably increasing productivity of workers in the country, argued Bulgarian Minister of Labor and Social Affairs Totyu Mladenov.

Business » Industry | June 11, 2011, Saturday // 10:32 | Viewed: 1424

10 Potential Bidders Eye Bulgaria's Bulgartabac

Ten companies, including four top-notch investors, have purchased public procurement documents for acquiring a majority stake in Bulgaria's cigarette maker Bulgartabac, the Privatisation Agency said on Friday.

Business » Industry | June 10, 2011, Friday // 19:51 | Viewed: 1950

3 Tobacco Giants Eye Bulgaria's Bulgartabac

Three top-notch investors have purchased public procurement documents for the bid to privatize Bulgaria's cigarette maker Bulgartabac.

Business » Industry | June 10, 2011, Friday // 07:53 | Viewed: 1445

Bulgaria's Jan-Apr 2011 Exports to Non-EU Countries Up by 50.4% Y/Y

In the period January-April 2011, Bulgaria exported goods worth a total of BGN 12.5 B to non-EU countries, posting an increase of 50.4% on the year.

Business » Industry | June 9, 2011, Thursday // 12:54 | Viewed: 1726

Bulgaria's Q1 2011 Exports to EU Up by 56.4% Y/Y

In the period January-March 2011, Bulgaria's exports to the EU increased by 56.4% compared to the same period a year earlier, totaling BGN 5.7 B, the National Statistical Institute reported (NSI).

Business » Industry | June 9, 2011, Thursday // 12:29 | Viewed: 1512

Borisov, Boc to Open Factory of Bulgarian Firm Monbat in Romania

A EUR 13 M factory of Monbat Recycling, a subsidiary of Bulgarian company Monbat, in Romania will be inaugurated formally by the Prime Ministers of Bulgaria and Romania Boyko Borisov and Emil Boc on Thursday.

Business » Industry | June 8, 2011, Wednesday // 19:47 | Viewed: 2986

Elder Pharma to Sell Indian Brands in EU through Bulgarian Subsidiary

Drug maker Elder Pharmaceuticals based in Mumbai, India, has announced that it will be starting to sell Indian brands in the EU through its Bulgarian subsidiary Elder Biomeda AD.

Business » Industry | June 8, 2011, Wednesday // 18:48 | Viewed: 3973

Bulgaria's Industrial Index Up 1.5 % in April 2011 M/M

The seasonally adjusted industrial production index increased by 1.5% in April 2011, compared to March 2011.

Business » Industry | June 7, 2011, Tuesday // 13:55 | Viewed: 1379

Bulgarian Cigarette Company Tables EUR 1 M Profit Q1

Bulgarian state cigarette producer Bulgartabac registered a net profit of BGN 2.17 M for the first quarter of 2011.

Business » Industry | May 31, 2011, Tuesday // 10:50 | Viewed: 1105
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