Business » Industry

Bulgartabac Registers BGN 1.3 M Profit in 2011 Q1

Bulgaria's state cigarette producer Bulgartabac Holding, which is undergoing a privatization procedure, announced a profit of BGN 1.

Business » Industry | April 27, 2011, Wednesday // 17:13 | Viewed: 2066

Bulgaria's Bankrupt Steel Mill Buyer on Watchlist over Taxes

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.

Business » Industry | April 27, 2011, Wednesday // 09:46 | Viewed: 2248

JTI, КТ&G, Philip Morris Eye Bulgaria's State Tobacco Giant

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.

Business » Industry | April 26, 2011, Tuesday // 19:50 | Viewed: 3596

Sofia Cigarette Factory's Exports Up 40% in 2011 Q1

The Sofia cigarette factory of Bulgaria's still state-owned tobacco giant Bulgartabac has registered a substantial growth in exports.

Business » Industry | April 22, 2011, Friday // 14:41 | Viewed: 2174

Bulgarian Pharmaceutical Giant Sopharma to Expand across Eastern Europe

Bulgaria's largest pharmaceutical producer Sopharma, which registered record profit in 2010, plans to boost its presence in key Eastern European markets.

Business » Industry | April 18, 2011, Monday // 20:56 | Viewed: 3432

Bulgaria's Lead Plant Shut over Pollution, Hopes for Swift Comeback

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.

Business » Industry | April 18, 2011, Monday // 18:20 | Viewed: 2413

Bulgarian Mattress Maker TED-BED Conquers Europe, Sets Eyes on Asia

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.

Business » Industry | April 18, 2011, Monday // 16:26 | Viewed: 5832

Indian Drug Maker to Target EU Market through Bulgarian Subsidiary

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.

Business » Industry | April 17, 2011, Sunday // 16:53 | Viewed: 2338

Sofia's Chief Architect Lauds Sale of Kremikovtzi Steel Mill

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.

Business » Industry | April 17, 2011, Sunday // 15:12 | Viewed: 2666

Bulgaria's Mining Industry Optimistic, Set to Boost Production

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.

Business » Industry | April 15, 2011, Friday // 19:06 | Viewed: 1616

Bulgaria's Steel Mill Buyer Faces Tax Probe

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.

Business » Industry | April 15, 2011, Friday // 16:33 | Viewed: 2214

Steel Giant Buyer No Secret for Bulgarian EconMin

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.

Business » Industry | April 15, 2011, Friday // 15:03 | Viewed: 1993

Buyer Pays in Full for Bulgaria's Obsolete Steel Mill

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.

Business » Industry | April 14, 2011, Thursday // 19:54 | Viewed: 2042

First Investment Bank Financed Bulgaria Bankrupt Steel Mill Deal

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.

Business » Industry | April 14, 2011, Thursday // 10:07 | Viewed: 2179

Rousse Shipyard JSC Completes BGN 60 M Capital Hike

Rousse Shipyard JSC has completed a BGN 60 M capital hike and has undergone a management reshuffle, the company announced.

Business » Industry | April 13, 2011, Wednesday // 16:45 | Viewed: 2371

Bulgaria Bankrupt Steel Mill Sale 'Good News'

A former adviser of Bulgaria biggest steel mill bondholders has hailed the sale of its production assets despite the controversy surrounding the buyer.

Business » Industry | April 13, 2011, Wednesday // 09:54 | Viewed: 2429

Controversy Surrounds Sale of Bulgaria's Kremikovtzi Steel Giant

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).

Business » Industry | April 12, 2011, Tuesday // 17:45 | Viewed: 2925

Bulgarian Steel Behemoth Kremikovtzi's Assets Bought by Eltrade

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).

Business » Industry | April 12, 2011, Tuesday // 14:47 | Viewed: 3685

4th Attempt to Auction Off Bulgarian Steel Behemoth Kremikovtzi

The fourth auction of bankrupt steel giant Kremikovtzi, considered the pride of the communist-era industry in Bulgaria, is taking place Tuesday, April 12.

Business » Industry | April 12, 2011, Tuesday // 07:56 | Viewed: 1819

BGN 400 Minimum Monthly Wage Set in Bulgaria's Metallurgical Industry

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.

Business » Industry | April 7, 2011, Thursday // 19:21 | Viewed: 4001

Bulgaria’s Industrial Production Up by 15% y/y February 2011

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.

Business » Industry | April 7, 2011, Thursday // 12:43 | Viewed: 2068
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