All articles - Page 7736

CONFLICT IN MACEDONIA CAUSES CONCERNS

The situation in Macedonia is worsening and the concerns about deepening of the crises including a civil war in that country are deepening, Boiko Noev, Minister of Defence, said. Bulgaria categorically will not interfere in the conflict because such an ap

Business | May 23, 2001, Wednesday // 00:00

SAPARD PRE ACCESSION PROGRAM INITIATED

The European Union pre-accession program SAPARD for Bulgaria was officially initiated at the first sitting of the local supervisory committee for the implementation of the program. Agricultural projects under the program will be accepted as of June 1, 200

Business | May 22, 2001, Tuesday // 00:00

TENDER FOR GORNA ARDA LAUNCHED SOON

International tender for a strategic investor for Gorna Arda (Upper Arda) hydro-power cascade will be launched soon, Evgeni Chachev, Minister of Construction and Regional Development, said. Most likely the strategic investor will be chosen in the next six

Business | May 22, 2001, Tuesday // 00:00

BNB GOVERNOR CHAIRS BSBTD SUPERVISION

Svetoslav Gavriiski, Governor of Bulgarian National Bank (BNB), was elected Chairman of the Board of Managing Directors of the Black Sea Bank for Trade and Development (BSBTD). The board will be supervising the bank`s operation by its next general assembl

Business | May 22, 2001, Tuesday // 00:00

PM RELUCTANT ON COALITION WITH KING

There are many differences between the platforms of the Union of Democratic Forces and of the Simeon II National Movement, Ivan Kostov, Prime Minister and leader of the UDF, said. For us it is absolutely unacceptable that concepts from the program of the

Business | May 22, 2001, Tuesday // 00:00

BALKAN AIRLINES TO CARRY OUT OVERHAULS

Balkan Airlines, Bulgaria`s national air carrier, will carry out overhauls of aircraft, the company`s receivers said. They believe the operation will be profitable.

Business | May 22, 2001, Tuesday // 00:00

KING`S PLATFORM ANNOUNCED

The platform of the Simeon II National Movement coalition includes Bulgaria joining NATO in the short term. The heads of teams on economics, foreign policy and law will be known on Monday at the first news conference with Simeon II`s participation since h

Business | May 22, 2001, Tuesday // 00:00

IBKOL EYES BURGAS AIRPORT

The German company Ibkol is interested in the airport in the Black Sea town of Burgas, which is the largest Bulgarian sea port. Ibkol is one of the bidders for the privatisation of the only state airline - Hemus Air.

Business | May 21, 2001, Monday // 00:00

NEK TO INVEST BGN 11 M IN GORNA ARDA

The National Electricity Company (NEK) will invest Bulgarian levs (BGN) 11 million in Gorna Arda (Upper Arda) hydro-power cascade, Danail Tafrov, Executive Director of NEK, said. The investments will be utilised in 13 months for the construction of water

Business | May 21, 2001, Monday // 00:00

SOFIA BANK WITH POSITIVE RATING

The international rating agency Standart&Poors has extended positive rating to Bulgarian Municipal Bank (MB). Currently MB avails of B + rating, which matches the rating of two large Bulgarian banks: United Bulgarian Bank (UBB) and Bulbank.

Business | May 21, 2001, Monday // 00:00

MAGIC LIFE RENTS SEA RESORT

Magic Life chain has rented for 6 years Duyni Black Sea resort from the Bulgarian owner Jovanta International. The chain will introduce in Bulgaria the `all inclusive` standard, which will upgrade the quality of tourist services at Duyni.

Business | May 21, 2001, Monday // 00:00

STOYANOV: COMISSION MUST CHANGE DECISION

Bulgarian President Peter Stoyanov called on the Central Electoral Committee (CEC) to re-consider its latest decision concerning the participation of Bulgarians living abroad in the general elections scheduled for June 17, 2001. CEC made a decision under

Business | May 21, 2001, Monday // 00:00

AMBASSADOR ASK: BULGARIA CLOSER TO EU

Swedish Ambassador to Sofia Sten Ask stated today Bulgaria got much closer to the EU during Swedish presidency, which exprires end of Jine. `A lot of things were done during the term of the current government, many are still to be done by the next one`, a

Business | May 21, 2001, Monday // 00:00

BALKAN RESUMES FLIGHTS TO DUBAI

Balkan Airlines resumes its flights to Dubai today. A TU-154 Russian made airplane will fly twice a week to Dubai.

Business | May 21, 2001, Monday // 00:00

70% PREDICTED TO VOTE AT ELECTIONS

65% of the participants of a national representative poll conducted by the MBMD polling agency last week are decided to go to the polls June 17 and have already made up their minds as to who they will vote for. Another 12% are still unsure which political

Business | May 21, 2001, Monday // 00:00

SAPARD TO SUBSIDIZE ORGANIC FARMS

Farmers who grow organic products will be entitled to 100% subsidizing under SAPARD as of 2002, Agriculture Minister Ventsislav Vurbanov said today. Subsidies will be made available to producers in advance, Vurbanov explained.

Business | May 21, 2001, Monday // 00:00

PRIME MINISTER ATTACKS KING`S PROGRAM

Referring to statements by representatives of Simeon II National Movement, PM Ivan Kostov said today that a proposed radical tax reform impressed as `strikingly incompetent`. He said that the Bulgarian taxation system has been reformed in keeping with the

Business | May 21, 2001, Monday // 00:00

BULGARIA KEEPS DOWN ROSE PRODUCTION

About a ton of rose oil a year is the optimal quantity for Bulgaria, according to the Association of Essential Oil, Perfumery and Cosmetics Producers, quoted by BTA agensy. A larger output would push down the price of Bulgarian rose oil which

Business | May 20, 2001, Sunday // 00:00

KING`S TOP ADVISER`S CAR ATTACKED

The car used by the former foreign minister and nowday`s king Sineon`s top adviser Stoyan Ganev was broken and a mobile phone was stolen, police announced today. Ganev lives in the USA, but now he is in Bulgaria to advice King Simeon, who is running for t

Business | May 20, 2001, Sunday // 00:00

FOREIGN MINISTER MEETS KING ON LYBIA

Bulgarian foreign minister Nadezhda Mihailova invited King Simeon to an official meeting, concerning the crisis with Bulgarian medics detained in Libya. Mihailova will ask King Simeon about the steps he had taken to negotiate with Lybian authorities to fr

Business | May 20, 2001, Sunday // 00:00

RAMSTORE HYPERMATKET OPENED IN SOFIA

Turkish Koc Holding opened first Ramstore Hypermarket in Sofia at the end of the week. More than 5000 goods are for sale, 90% of them Bulgarian or Turkish.

Business | May 20, 2001, Sunday // 00:00
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