Bulgaria's state cigarette producer Bulgartabac Holding, which is undergoing a privatization procedure, announced a profit of BGN 1.
Bulgaria's state revenue agency has vowed to keep a non-stop watch over the tax papers of the buyer of the country's biggest steel mill Kremikovtzi as many question marks surround the deal.
Korea's КТ&G, Japan Tobacco International, Philip Morris and a few financial investors have declared interest in the privatization of Bulgaria's state cigarette producer Bulgartabac Holding, according to the consultant of the deal.
The Sofia cigarette factory of Bulgaria's still state-owned tobacco giant Bulgartabac has registered a substantial growth in exports.
Bulgaria's largest pharmaceutical producer Sopharma, which registered record profit in 2010, plans to boost its presence in key Eastern European markets.
The lead production facility in the Lead and Zinc Complex in Bulgaria's Kardzhali has been closed down over its management's failure to comply with environmental regulations.
Bulgaria's largest mattress producer TED-BED Jsc has registered impressive results on the European markets, and has directed its attention towards new export destinations such as South Korea and Taiwan.
Drug maker Elder Pharmaceuticals based in Mumbai, India, will beef up the production of its Bulgarian subsidiary Elder Biomeda AD in order to target the European market.
The sale of the bankrupt steel mill Kremikovtzi is good for the State, the Bulgarian capital, and the workers, Sofia's Chief Architect, Petar Dikov, declared Sunday.
The corporate members of the Bulgarian Chamber of Mining and Geology are primarily optimistic about the country's mining industry, a survey of the Chamber indicated.
Bulgaria's state revenue agency said it has launched a thorough probe into the tax papers of the buyer of the country's biggest steel mill Kremikovtzi as many question marks surround the deal.
It is no secret for anyone which financial and industrial group bought the assets of the Bulgarian steel mill giant Kremikovtzi, the Bulgarian Economy Minister Traicho Traikov said Friday.
The Eltrade Company has wired to the Bulgarian Bank for Development, BBD, the amount of BGN 284 399 500 for the purchase of the bankrupt Kremikovtzi steel mill, located near the Bulgarian capital.
Bulgaria's privately-owned First Investment Bank said it had extended a loan of EUR 59 M to the buyer of the country's biggest steel mill Kremikovtzi despite the controversy surrounding the deal.
Rousse Shipyard JSC has completed a BGN 60 M capital hike and has undergone a management reshuffle, the company announced.
Lachezar Varnadzhiev, а 26-year-old owner of a newly created "Eltrade Company", turned out to be the buyer of the bankrupt Bulgarian Kremikovtzi steel giant, a deal worth BGN 316 M (nearly EUR 162 M).
The assets of bankrupt Bulgarian steel mill Kremikovtzi were bought at the fourth auction by the Eltrade company, which was the only bidder and paid the initial price of BGN 316 M (nearly EUR 162 M).
The fourth auction of bankrupt steel giant Kremikovtzi, considered the pride of the communist-era industry in Bulgaria, is taking place Tuesday, April 12.
The minimum monthly salary in Bulgaria's metallurgy sector has been increased from BGN 350 to BGN 400, according to a new collective labor contract signed Thursday.
Bulgaria's working day adjusted Industrial Production Index rose by 15.2% year on year February 2011, according to preliminary data by the country National Statistical Institute.
50% more Chinese Tourists in Bulgaria
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