Business | July 1, 2001, Sunday // 00:00| Views: | Comments: 0

THE FOREIGN currency reserves stood at BGN 7 Bln as of end-June, central bank figures show. For a year the reserve has grown by 13.4%.
THE CURRENT account deficit as on end-April stood at USD -237.1 M /1.8% of GDP/, which is USD 145.9 M less in comparison with the same period a year earlier.
A NEW airline company, Air Net, was launched in the weekend. It was registered two months ago by former employees of the national carrier Balkan Airlines. Regular flights Sofia-Varna and Sofia-Burgas will be launched in mid-July.
GERMANOS Telecom Bulgaria opened its store in Sofia last week. The commercial chain was selected to become one of the major distributors of cellular telephones are related accessories of the second GSM operator GloBul.
THE LIFTON Industries international consortium transferred its whole hydro-probing machinery production operations from Denmark to ulgaria, said Boryana Manolova, managing director of Lifton Bulgaria EOOD. The company plans to invest DEM 300.000 by end-2001. The same amount will be invested in production technology next year.
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