World Bank Allots USD 500,000 to Bulgaria
The World Bank will pay almost half a million dollars to Bulgaria, for preparations of the PAL 3 loan.
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Bulgarian Telecom Granted GSM License "Within Months"
It is possible that BTC is granted the third GSM license within a couple of months, according to Deputy Prime Minister and Transport Minister Nikolay Vassilev. Otherwise, Bulgaria's telecom privatization deal would be gravely breached, he told bTV privat
Bulgarian Government Pushes for Non-Tendered Third GSM License
Bulgarian government has supported BTC's awarding of GSM license without open tender. In a letter to the State Communications Regulation Commission (SCRC), which is to rule the complex mobile licensing case, the Cabinet has highlighted its stance.
Bulgaria's Resident Real Estate Catches Up with Business Prices
The cost of residential real estates in some Bulgarian city suburbs has caught up with the prices of business properties. A square meter of such residential areas are traded off at EUR 500, according to the quarterly real estate market index REMI.
Bulgaria Seeks to Boost ITC Competitiveness
Information and communication technologies is one of the sectors, which combine main factors for successful economic development - investments, innovations, human potential, Deputy Prime Minister Lidia Shuleva said that at the official opening of the "Bus
Polish Business to be More Active in Bulgaria
"We are aiming to motivate more Polish companies to come to Bulgaria, to make profits and to find many more business opportunities in this beautiful country", Polish ambassador to Sofia Slavomir Dabrova said on Wednesday.
Sofia Licks Chops for Winter Olympics
Sofia is growing keen for hosting the Winter Olympics in 2014.
Bulgaria's Privatization Agency Head Resigns
Iliya Vassilev, chief of the Bulgarian Privatization Agency resigned citing personal reasons. His resignation was accepted by the government, spokesperson Dimitar Tsonev said.
Report: EU Newcomers See Rapid Growth
The mostly poorer EU entering states are growing at over double the rate of current members, according to the latest economic forecasts announced Wednesday by the European Commission. That pace is set to accelerate as those countries catch up after decad
Bulgarian Haulier Suspends Operation in Iraq
Bulgarian haulier company SO MAT announced Wednesday temporarily suspension of its carrier operations in Iraq. The decision came following Tuesday's killing of a Bulgarian driver by local insurgents while travelling with five other company vehicles near
Bulgaria's Government and Business Jointly en EU Route
Bulgaria's businesses will be regularly informed over the accession engagements en route to the EU after Consultative Council was founded today. The agreement signed by Deputy Prime Minister and Economy Minister Lidya Shuleva and the heads of the busines
Cisco Systems Expands "Business & Innovation" Agenda
Latest communication technologies, business solutions and opportunities for further development of Bulgaria's telecommunication market after its liberalization are the key focus of the "Business & Innovation" conference that got underway in Sofia.
Bulgaria Set to Raise Convention Venue Awareness
The Bulgarian Convention and Visitors Bureau will first seek to create awareness for Bulgaria within the potential convention organizers, then prepare tailor made offers for interested event planners, Friedrich Niemann, General Manager of Hilton Sofia and
Spaniards to Build Sports Facilities in Sofia
Spanish investors led by Hristo Stoitchkov's former agent will build football complexes in Sofia.
Price of Bulgartabac Shares Shoots Up
The price for a share in Bulgaria's tobacco giant Bulgartabac hit BGN 38, the SOFIX stock exchange index showed. During the last trading session, SOFIX gained 3.
Business Tourism Promoted in Bulgaria
With the newly opened Bulgarian Convention and Visitors Bureau (BCVB) the country braces up to promote its business and congress tourism potential. The joint initiative of five Bulgarian hotels, tour operators, business and NGO organizations is set to of
Euromoney Tops Bulgarian Hydro Project
The Bulgarian hydro project of Tsankov Kamak was ranked top by British Euromoney as the best financially structured project in 2003. The building of a hydro power plant and the Tsankov Kamak dam started on March 25 in implementation of a pilot project as
Bulgaria to Cover 0,4% of NATO Military Budget
Bulgaria will cover a total of 0,4% of NATO's military budget. Finance Minister Milen Velchev broke the news in an interview for local bTV channel.
Bulyard Assumed Possession over Bulgaria's Varna Shipyard
The new shipbuilding consortium Bulyard officially assumed possession of the 75% of the Varna shipyard. Bulyard management pledged to boost the number of employees and to improve the working conditions.
Bulgaria "Imposes Barriers" to US Exports
Bulgaria is among 55 countries that impose trade barriers to the US export. A report of the US government released in the end of March revealed.
Shipyard Owner Assumes Possession
The new shipbuilding consortium Bulyard, owner of Varna shipyard, will take over its enterprise on Saturday. Bulyard bought 75 % of the shipping company from Navigation Maritime Bulgare two years ago, and reportedly it has already transferred the whole p
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