Business

Bulgaria's Telco Awarded 3rd GSM License

The state communications watchdog has awarded Bulgaria's third GSM license to the telecom carrier, clearing the last hurdle towards wrapping up the acquisition of a 65 percent stake by Viva Ventures. Four members of the Communications Regulation Commissi

Business | June 7, 2004, Monday // 00:00 | Viewed: 869

Bulgaria Casts Spell on Westerners

Western guests sound like a magic to Bulgarians, who offer them shining clean and up-branding hotels. According to Austria's Kleine Zeitung, Bulgaria is putting in considerable efforts to become a leading destination for family tourists.

Business | June 7, 2004, Monday // 00:00 | Viewed: 1048

Catering Company Fullfils Diplomatic Gourmet Desires

CD Cat Corpus Diplomatic Catering was inaugurated Monday in Sofia. The catering company is set to fulfill the cuisine desires, even of most pretentious representatives of the business society and the diplomatic corpus in Bulgaria.

Business | June 7, 2004, Monday // 00:00 | Viewed: 2953

Bulgaria Shows "Impressive" Fiscal Policy Discipline

Stanley Fisher, Citygroup International President and a former high-ranking official at the IMF, expressed his admiration from the discipline of the Bulgarian fiscal policy.

Business | June 7, 2004, Monday // 00:00 | Viewed: 1040

US, Bulgarian Business Boost Cooperation

A special forum aimed at boosting the bilateral cooperation between Bulgarian and American companies was opened on Monday. US Ambassador to Bulgaria James Pardew, Economy Minister Lidia Shuleva and Agriculture Minister Mehmed Dikme opened the discussion.

Business | June 7, 2004, Monday // 00:00 | Viewed: 1088

Business Lunch Channels Finance Appraisal

Bulgaria has left a track of wonderful impressions with its economy on a steady growth, inflation under control and constantly reduced unemployment rate. According to Stanley Fischer, President of Citigroup Internationa and economic adviser to Bulgarian

Business | June 6, 2004, Sunday // 00:00 | Viewed: 705

Kuwaiti Investments Knock on Bulgaria's Door

A Kuwaiti investment group is seeking for investing in Bulgarian economy, including banking, tourism and agriculture. The agreement signed with the Bulgarian government earlier this week allows Aspen Group International to invest in those Bulgarian indus

Business | June 6, 2004, Sunday // 00:00 | Viewed: 869

Sunny Beach Filling in Near the Brim

The southern coastal resort of Sunny Beach has attracted some EUR 500 M so far, with 10 bran new hotels opening doors this year alone, Nearly 30,000 guests have filled in up to 80 percent of the local bed capacity since the start of June.

Business | June 6, 2004, Sunday // 00:00 | Viewed: 933

Novinite.com Awarded No.1 at Int'l Media Festival

Novinite.com has been named best news website at an international media festival in Albena.

Business | June 6, 2004, Sunday // 00:00 | Viewed: 933

Dutch, French Banks Help Bulgaria in EU Preparations

The national banks of France and the Netherlands signed agreements for cooperation with the Bulgarian Central Bank. The move comes to ease the Bulgarian bank's preparations for membership of the European system of central banks.

Business | June 5, 2004, Saturday // 00:00 | Viewed: 1312

Olympic Expenses Reach EUR 10 Billion

Greece spent ten billion euros in its preparations for the Olympic Games, according a financial analysis. That figure is about four times more than it was planned half a year ago.

Business | June 5, 2004, Saturday // 00:00 | Viewed: 690

New Delay in Bulgaria's 3rd GSM License Award

Bulgaria's Commission for the Protection of Competition (CPC) postponed by one month its decision on the award of the third GSM license to the Bulgarian telecommunications Company BTC.

Business | June 4, 2004, Friday // 00:00 | Viewed: 1080

Bulgaria Inaugurates Summer Season

This year's summer season will see its official opening in the Sunny Day resort tonight. According to Deputy Economy Minister Dimitar Hadzhinikolov, tour operators are bracing for an accommodation fill-in of 70 percent till the end of next week.

Business | June 4, 2004, Friday // 00:00 | Viewed: 913

Bulgarian Industry Marks 170th Anniversary

Bulgaria celebrates today 170 years of industrial development. On June 4, 1837 the first textile and clothing plant on the Balkans opened doors in the town of Sliven.

Business | June 4, 2004, Friday // 00:00 | Viewed: 991

Romania Lashes Bulgaria over Danube Bridge

Romania reproached Bulgaria and the Stability Pact for causing delays in the construction of a second bridge over the Danube. In an official letter, sent to the Stability Pact coordinator Erhard Busek, Bucharest urges that Bulgaria finish its part of the

Business | June 4, 2004, Friday // 00:00 | Viewed: 1588

Sofia Airport Skipped for Concession

Sofia Airport is the only one not to be offered for concession in Bulgaria. The concession of coastal Burgas and Varna airports is expected to attract investments of nearly EUR 130 M over the next couple of years.

Business | June 4, 2004, Friday // 00:00 | Viewed: 1043

US to Explore Bulgaria's Business Opportunities

A US delegation will pay a visit to Bulgaria to explore the country's business opportunities. Representatives of 17 different companies will be included in the delegation.

Business | June 4, 2004, Friday // 00:00 | Viewed: 1129

Major Metal Warehouse Opens Doors in Sofia

The biggest metal warehouse in Sofia was opened today. Bulgarian Nord OOD company invested over BGN 350, 000 in the major store.

Business | June 3, 2004, Thursday // 00:00 | Viewed: 845

Deserted Bulgarian Village Revived for Tourists

An Italian company is buying out a non-existent Bulgarian village, nearby southern town of Yambol. The village of Kunevo has been blotted away from the administrative map of Bulgaria since 1978.

Business | June 3, 2004, Thursday // 00:00 | Viewed: 1032

Drugs Crisis Reaching Deadend

Bulgaria's leading drug dealer group has deepened the row over outstanding hospital debts going so far as to ask for the resignation of Health Minister. The trade league National Drug Centre has threatened hospitals and medical centers of cutting off dru

Business | June 3, 2004, Thursday // 00:00 | Viewed: 701

Bulgaria Appoints New Privatisation Agency Chief

Bulgaria's Cabinet approved Atanas Bangachev as the new executive director of the Privatisation Agency. In the beginning of April Iliya Vassilev, former chief of the Bulgarian Privatization Agency resigned citing personal reasons.

Business | June 3, 2004, Thursday // 00:00 | Viewed: 663
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria