Business » Industry

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: 1845

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Bulgaria's former largest steel mill "Kremikovtzi" had withdrawn the application for a complex permit for its environmentally clean productions.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: 1788

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: 1338

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: 2245

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: 1656

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: 1621

National Electric Company Capitalizes Debts in Bulgaria Steel Mill

Bulgaria steel mill Kremikovtzi’s administrator, Tsvetan Bankov, stated Tuesday that their largest creditor the National Electric Company (NEK) has agreed to capitalize the money the factory owns them

Business » Industry | November 10, 2009, Tuesday // 21:26 | Viewed: 1761

Bulgaria Industrial Production with Slight Increase in Sept 2009

Bulgaria's industrial production registered an overall increase of 2,7% in September 2009 compared to August 2009, according to latest data released Friday by the National Statistical Institute.

Business » Industry | November 10, 2009, Tuesday // 17:32 | Viewed: 1877

Economy Minister: Kremikovtzi Steel-Maker to Be Liquidated

Bulgaria's former largest steel-maker Kremikovtzi is a "fake industrial entity", and is to be liquidated.

Business » Industry | November 10, 2009, Tuesday // 13:31 | Viewed: 1463

Bondholders Decide on Bankrupt Bulgarian Steel Mill Fate

The deadline for shareholders of the troubled steel-maker Kremikovtzi to make a final decision on the recovery plan proposed by the assignee in bankruptcy expires on November 9.

Business » Industry | November 9, 2009, Monday // 08:45 | Viewed: 1347

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: 2220

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: 2280

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: 1533

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: 1757

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: 3072

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: 2530

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: 1588