All articles - Page 7686

MARITSA EAST DEALS SIGNED FINALLY

The contracts with US companies AES and Entergy for new construction and rehabilitation of TPPs Maritsa-East 1 and 3 were signed today at the Council of Ministers. The deals were approved last week by the cabinet and this raised political torts.

Business | June 13, 2001, Wednesday // 00:00

D & T REQUIRES INTERNATIONAL AUDITING STANDARDS

Bulgaria should introduce international auditing standards to match foreign investors` expectations and to improve investment climate in the country, Peat Huggendorn, board chairman of Deloitte & Touche, said at a regular meeting of the company`s director

Business | June 13, 2001, Wednesday // 00:00

STOMANA TO MERGE WITH GREEK VIOHALCO

Merger between Stomana Industries, a huge factory nearby Sofia and the Greek Sidenor metallurgical plant is about to end. The contract will be signed after the elections.

Business | June 13, 2001, Wednesday // 00:00

STATISTICS REPORTED 0.1% INFLATION MORE

Bulgaria`s month-to-month inflation rose with 0,1% in May, National Statistical Institute reported. The cumulative inflation rate for the first five months of 2001 stood at 0,9%.

Business | June 13, 2001, Wednesday // 00:00

KOZLODUY NUCLEAR PLANT UPGRADE LAUNCHED

$380 M loan will be granted for modernization of Units 5 and 6 of Kozlodui Nuclear Power Plant, Ivan Shilyashki, chairman of the Agency for Energy Efficiency, announced. The loan is drawn under credit agreements with Citibank, Rosseximbank and Euraton wit

Business | June 13, 2001, Wednesday // 00:00

SECTIONS OF MARITSA AND TRAKIA HIGHWAYS READY

Two sections of the Maritsa and Trakiya highways were opened yesterday by Regional Development Minister Evgenii Chachev. The project was calculated to BGN 31 M and is funded under ISPA program.

Business | June 13, 2001, Wednesday // 00:00

BAT WITH BULGARIAN LANGUAGE LABELS BY END OF 2001

`By the end of the year all British American Tobacco brands imported for the Bulgarian market will carry labels in Bulgarian language`, BAT Bulgaria General Director Philippe Charles announced today. The health warning labels as well as the tar and nicoti

Business | June 13, 2001, Wednesday // 00:00

ELECTIONS NEWS IN BRIEF

NMS II tax reform aims to take out of the shady economy 400,000 Bulgarians working in it, King`s expert Vladimir Karolev, said in a public dispute on Bulgarian National Radio.

Politics | June 12, 2001, Tuesday // 00:00

SOCIALISTS LEADER ATTACKS AES AGAIN

Roumen Ovtcharov, deputy chairman of Bulgarian Socialist Party appealed to US company AES, which will invest in the construction of the new capacities of TPP Maritsa-East 1, to reveal the source of capital of company 3C. According to Ovcharov 3C is offsho

Politics | June 12, 2001, Tuesday // 00:00

BULGARIA`S FOREIGN DEBT DOWN USD 262 M

Bulgaria`s gross foreign debt amounted to $10.102,100 Bln at end-April (74.

Business | June 12, 2001, Tuesday // 00:00

FINANCIAL TIMES ON BULGARIAN ELECTIONS

Former king Simeon II has returned in Bulgaria and now campaigning ahead of this week`s general election, article in Financial Times reads. While other former east European royals have made sentimental journeys to their homelands since the fall of Communi

Politics | June 12, 2001, Tuesday // 00:00

CATTLE IMPORTS FROM CZECH REPUBLIC BANNED

Bulgaria banned imports of live cattle, beef, animal based feed and products from the Czech Republic, after a second test on a Czech cow proved positive for mad cow disease. Bulgaria imported 152 tones of frozen Czech beef in the first three months of thi

Business | June 12, 2001, Tuesday // 00:00

PRESIDENT GAVE HIS SUPPORT TO UDF GOVERNMENT

The reforms implemented during the 4 years mandate of UDF were in the right direction, President Petar Stoyanov stated today at a special press conference. President expressed also his support for UDF political and economic policy implemented during UDF g

Politics | June 12, 2001, Tuesday // 00:00

KING REFUSED TO APPEAR IN A TOP TALK SHOW

King Simeon II refused to appear in the most popular talk show in Bulgaria, Dnevnik daily reported. Slavi`s show is transmitted each work day at the private national wide bTV with approximately 3 millions of viewers.

Politics | June 12, 2001, Tuesday // 00:00

ROLLS ROYCE TO INVEST IN HEAT STATIONS

British corporations Rolls Royce and International Water are deeply interested to invest in Bulgarian heat stations. At the moment it is strategic profitable step to invest into energy sector in the country, Austrian EPIC experts said also at an internat

Business | June 12, 2001, Tuesday // 00:00

MRF WITH TWO SCENARIOS AFTER JUNE 17

Movement for Rights and Freedoms (MRF) forecasted short mandate to the next parliament. Two political scenarios are envisaged by MRF experts –King`s coalition to win the majority in the next parliament, if not to coalesce with UDF or MRF.

Politics | June 11, 2001, Monday // 00:00

POLITICIANS UNITED ON CRIME FIGHT

Representatives of the main political forces and the chief prosecutor Nikola Filtchev have signed a common declaration on crime fight yesterday. The prosecutor`s office should be independent from the ruling party and government, representatives of UDF, NM

Politics | June 11, 2001, Monday // 00:00

UDF CONGRATULATED KING FOR INFORMERS REMOVAL

UDF congratulates the courage of King`s coalition to withdraw and replace 16 MP nominees from its tickets disclosed as collaborators with former State Security. Yesterday NMS II took out of its nominee lists two more MP candidates from Stara Zagora.

Business | June 11, 2001, Monday // 00:00

KING`S PROGRAM UNCLEAR PROF. HANKE SAID

Economic adviser to Bulgarian President prof. Steve Hanke expressed his concern about the vagueness of the economic platforms of the main political forces in Bulgaria.

Politics | June 11, 2001, Monday // 00:00

ADDITIONAL POLLING STATIONS IN TURKEY OPENED

45 additional polling sections will be opened in Turkey for the Parliamentary elections in Bulgaria on June 17. The additional sections will be located outside the Bulgarian diplomatic missions in cities where many Bulgarian emigrants reside.

Politics | June 11, 2001, Monday // 00:00

BULGARTABAC ON TENDER UNTIL THE END OF JUNE

Privatization`s Agency CEO Levon Hampartsumian will organize a meeting with representatives of world-known tobacco producers to draft the privatisation strategy. British American Tobacco, Philip Morris, Sokotab are among interested in Bulgartabac privatis

Business | June 11, 2001, Monday // 00:00
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