Hotel owner Plamen Hrankov has been charged with a serious financial offence which, upon conviction, carries 3 to 12 years' imprisonment and a fine of BGN 10,000 to BGN 30,000. The charge was brought on October 25 by the Special Investigations Services, w...
A drawing of the pupil from Silistra Sonya Petrova will be displayed at the Tate Gallery in London. She was awarded the first prize in the 9th-12th grade age group at the national round of the international competition for child artists entitled "Nature-E...
Eighteen companies have bought information memorandums for the sale of 78% of Energoproekt of Sofia, the Privatisation Agency announced, quoted by Pari Daily. The company will be sold via public competition....
The three biggest fertiliser producers in Bulgaria, Neochim AD of Dimitrovgrad, Agropolychim and Chimco of Vratsa, will set up an association of fertiliser works, Pari Daily wrote. The association was set up to protect the interests of the chemical works...
The Bulgarian Minister of Finance Milen Velchev met representatives of the International Monetary Fund /IMF/ and the World Bank /WB/ in connection with the joint Financial Sector Assessment Programme /FSAP/ of the two financial institutions, Pari Daily wr...
“Bulgaria’s first water amusement park is to be constructed in the seaside resort Golden Sands,” Nikolay Nedkov, Executive Director of the resort, said on October 29. The Spanish company Action Park, a world leader in entertainment facilities, is in charg...
Discussions on the first day of the European Union-Bulgaria Joint Parliamentary Committee (JPC) centred on the progress Bulgaria has made so far and the accompanying difficulties. Among the most urgent problems that the country must overcome members of th...
Global Consulting announced on October 30 that it becomes partner of the leading storage information systems EMC? Corporation. The manager of Global Consulting Dimitur Djendov and the regional manager of EMC? Henryk Blader announced that at a press confer...
The International express transport TNT company is the first company in Bulgaria to be awarded with the internationally acknowledged certificate `Investor in People.` The standard recognizes the company’s involvement in the training and improvement of the...
Amendments to the Energy Act were tabled in Parliament, experts from Bulgaria’s State Agency on Energy and Energy Resources announced. The amendments provide for a two-component price, which will include the production costs and the infrastructure mainten...
The Cabinet is to discuss the edited version of the “Structural Review of Bulgarian Armed Forces” report in a few days, Dnevnik Daily wrote. The report, together with many critical notes, was sent back to Bulgaria from NATO headquarters in Brussels a mont...
Commercial banks will be allowed to use their euro-denominated positions at their minimum required reserves to buy BGN, Bulgarian National Bank (BNB) dealers announced on October 29. The new decision becomes effective as of November 1, 2001....
Bulgaria’s Finance Ministry denied media reports about a buy-back of a part of the state foreign debt. According to Bulgarian Capital weekly in September 2001 the Finance Ministry bought back Bulgarian discount Brady bonds for USD 46 M....
A working group with the Bulgarian Ministry of Transport and Communications is discussing Bulgaria’s national carrier Balkan Airlines liquidation, Dnevnik Daily wrote, quoting a source from the ministry. The company could be declared insolvent since the s...
The Bulgarian Prime Minister Simeon Saxe-Coburg delivered a welcoming speech to the participants in the thirteenth conference of the Joint Parliamentary Committee (JPC) Bulgaria-European Union (EU). He recalled that the Bulgaria`s accession to the Europea...