Business

Blocked Aroma Shares on Bulgaria's Stock Exchange

Shares of cosmetics producer Aroma, blocked by a court injunction over a legal debate of their ownership, have been traded on the Bulgarian Stock exchange over the last week, according to media reports.

Business | May 31, 2004, Monday // 00:00 | Viewed: 820

British Sun, Ski Seekers Boost Air Traffic to Bulgaria

Balkan Holidays tour operator is introducing a flight from UK's Humberside Airport to Plovdiv from this December. The move comes in reply to the British airport's boost with the addition of a new ski destination in Bulgaria, including the ski resorts of

Business | May 31, 2004, Monday // 00:00 | Viewed: 927

Bulgarian PM Becomes Business Leaders Associate

The Bulgarian Business Leaders Forum (BBLF) welcomed the prime minister as an honorary member for life. The decision was announced by BBLF Chairman Maxim Behar at a special business lunch on Monday.

Business | May 31, 2004, Monday // 00:00 | Viewed: 651

Tilling Land Catches up with Residence Real Estates

Bulgarian market of tilling land will catch up with the residence real estates till the country's accession to the EU. According to real estate experts, the price of tilling land in Bulgaria currently five to ten times cheaper than in the EU will equaliz

Business | May 31, 2004, Monday // 00:00 | Viewed: 769

Bulgaria's N-plant Contracts German NUKEM, GNB

A contract for the design and construction of a new storage for spent fuel at Kozloduy Nuclear Power Plant was signed Monday with a tie-in between Germany's RWE NUKEM Gmbh and GNB mbh. The contract is worth EUR 48.

Business | May 31, 2004, Monday // 00:00 | Viewed: 1503

Bulgaria to Work Out Health Tourism Strategies

Bulgaria's government should work out the main priorities for the three forms of health tourism- spa, wellness, and illness. Representatives of 7 different tourism organizations signed a memorandum insisting for urgent measures in that field.

Business | May 30, 2004, Sunday // 00:00 | Viewed: 2253

Bulgaria's Entrepreneurs to Enjoy State Support

Bulgaria's state budget for 2005 would offer considerable support to the entrepreneurs in the country. Economy Minister Lidia Shuleva said that these supporting measures were delayed, as Bulgaria needed to increase its credit rating in order to establish

Business | May 29, 2004, Saturday // 00:00 | Viewed: 649

Bulgaria's N-Plant Unit 4 Switched Off Grid

Unit four at Bulgaria's nuclear power plant Kozloduy, 200 kilometres north of Sofia, was switched off the energy grid for repair works. The reactor will be reloaded and some new technical amenities will be installed.

Business | May 29, 2004, Saturday // 00:00 | Viewed: 1239

Sightseeing Bulgaria on a Bike

Cycling tourism is making its first steps in Bulgaria thanks to Danish-owned company BG Feria. It has organized cycling trips for foreign tourists visiting the country since this spring, after probing of some coastal routes proved quite successful last y

Business | May 28, 2004, Friday // 00:00 | Viewed: 1056

Indian Partnership Sought at Steel Making

Bulgaria's largest steel plant Kremikovtzi is on its way to wrap up negotiations with India's steel giant Ispat International. The Sofia-located metallurgical plant, 71-percent owned by Finmetals Holding, seeks for a co-management deal that would bring K

Business | May 28, 2004, Friday // 00:00 | Viewed: 1039

Bulgaria Urged to Invest More in ICT

Bulgaria has been advised to invest heavier in the information and communication technologies, following the example of champions Ireland and Estonia. "Europe needs to invest heavier in the information and communication technologies if it wants to catch

Business | May 28, 2004, Friday // 00:00 | Viewed: 787

Bulgarian Ministers Meet Business Leaders, Trainees

Bulgaria's Foreign Minister Solomon Passy and Social Minister Lidia Shuleva met with the country's business leaders and their trainees.

Business | May 28, 2004, Friday // 00:00 | Viewed: 1079

Balkans' Business Future Discussed in Mamaia

The Balkans' future and the business climate in Central and Southeastern Europe were discussed at the second day of the Central European summit conference in Mamaia, Romania. The leaders of 16 Eastern and Central European countries met representatives of

Business | May 28, 2004, Friday // 00:00 | Viewed: 913

Bulgaria's Power Utilities Sale Nears Wrap-up

All five bidders for Bulgaria's electricity distribution companies have been sent final documents for the privatization of 67% stakes in a step that moves the sales closer to the final stretch.

Business | May 27, 2004, Thursday // 00:00 | Viewed: 707

Bulgaria Seeks Power from Wind and Sun

A special fund is likely to be established for financing projects of building wind and sun power plants. The fund establishment will be assisted by the European Bank for Reconstruction and Development (EBRD) and several other international financial inst

Business | May 27, 2004, Thursday // 00:00 | Viewed: 720

Info Security Credits for Bulgarian Bank

The deputy manager of the Bulgarian Central Bank received Wednesday a special certificate for information security system. The document was issued by the Moody International certification body, to the Bank's Security and Classified Information Protection

Business | May 27, 2004, Thursday // 00:00 | Viewed: 657

European Klondike in Bulgaria's Rhodopes

The Eastern Rhodopes are the European Klondike with its gold mining deposits. Canadian gold miner Dundee Precious Metals has allotted USD 45 M for investments in the gold beds nearby the town of Krumovrgad.

Business | May 27, 2004, Thursday // 00:00 | Viewed: 914

Italy's Enel Eyes Expansion on Bulgarian Market

Italy's largest electricity provider ENEL is set to extend its market presence in Bulgaria. According to the managing director Paolo Scaroni, currently the company sees pretty good opportunity for that due to the ongoing liberalization of Bulgarian marke

Business | May 26, 2004, Wednesday // 00:00 | Viewed: 726

New Economic Mapping of Bulgaria

Bulgaria's map has been redrafted into six new economic regions to be approved on Thursday by the Cabinet. Sofia, Plovdiv, Varna, Burgas, Rousse and Vidin will be the centers of the economic planning regions, including north western, north central, north

Business | May 26, 2004, Wednesday // 00:00 | Viewed: 770

Bulgaria's MobilTel Changes Ownership

Bulgaria's largest mobile phone company Mobiltel was sold for EUR 1.2 B.

Business | May 26, 2004, Wednesday // 00:00 | Viewed: 2231

Survey: SMEs Confident in Enlarged EU Market

Small and mid-sized companies (SMEs) in Central Europe are confident they can cope with the competitive pressures of the enlarged EU marketplace, according to a survey of 147 senior Central European executives, but they face significant challenges.

Business | May 26, 2004, Wednesday // 00:00 | Viewed: 673
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