Kremikovtzi Steel Mill Saga - the End of Hopes
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.
Bulgaria's Privatization Agency announced Friday an open tender for selecting a consultant for the privatization of the state-owned cigarette monopoly Bulgartabac.
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.
Devnya Cement and Vulkan Cement have announced that they have temporarily shut down all the furnaces in two of their production plants.
The European Commission has found that the Bulgarian steel producer Kremikovtzi did not implement the business plan established for its restructuring, its spokesman announced.
The Board of Directors of Bulgarian Energy Holding (BEH) have announced a reshuffle of the top management of subsidiaries Bulgargaz and Maritsa Iztok 2.
Bulyard Shipbuilding Company, the largest Bulgarian marine constructor, has recently begun work on an international project.
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.
A Chinese car factory is supposed to start operating by the end of 2010 in the northern Bulgarian city of Lovech.
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.
The effects of the economic crisis have brought the Bulgarian industry back to its levels from 1985.
Bulgaria's former largest steel mill "Kremikovtzi" had withdrawn the application for a complex permit for its environmentally clean productions.
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.
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.
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.
Workers from Bulgaria's former largest steel-maker Kremikovtzi are protesting Monday against the center-right GERB government’s plan to liquidate the mill.
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.
The Bulgarian capital is set to expand to the north with the almost certain liquidation of the Kremikovtzi steel-maker.
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.
Key Bulgarian Ministers have made it clear that bankrupt steel-making giant Kremikovtzi would most likely be liquidated.
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