Business

Bulgaria Upbeat on Electricity Exports after 2007

Bulgaria will continue to export electricity even if it sticks by its commitment to close two of its older nuclear power units by end-2006 in view of its EU accession.

Business | March 10, 2004, Wednesday // 00:00 | Viewed: 882

Bulgarian Student Becomes "Finance Minister for One Day"

Milen Burilkov, a student at Sofia's First English Language High-School, got the chance to spend one day with Bulgaria's Finance Minister Milen Velchev and to become "Finance Minister for One Day". The teenage boy is a part of the Junior Achievement Bulga

Business | March 10, 2004, Wednesday // 00:00 | Viewed: 842

Builder of First Bulgarian Mall Known in April

The company that will be contracted for building Mall of Sofia - Bulgaria's largest trade, business and entertainment center - will be known in April. So far, eleven local and international companies have been invited to submit their bids.

Business | March 10, 2004, Wednesday // 00:00 | Viewed: 1032

Bulgaria's BenchMark Awarded Investment Intermediary Licence

Finance and investing company BenchMark Group was awarded an investment intermediary licence by the Financial Supervision Commission on March 9. BenchMark Finance investment intermediary will focus on trade with shares, bonds, state securities, auctions

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 1684

Bulgarian Business to Benefit from Foreign Policy Achievements

Bulgaria's foreign policy priorities and its role for the business climate improvement in the country were presented Tuesday in a lecture delivered to the Bulgarian Business Leaders Forum (BBLF) by Foreign Minister Solomon Passy. The meeting was attended

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 791

Bulgaria-Made Tuborg on The Market by May

Tuborg beer made in Bulgaria will land on the market by May this year, Carlsberg-Bulgaria Executive Alexander Grancharov announced. The famous beverage will be produced at the Shumensko Pivo brewery.

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 1056

No Variables in Bulgaria's Telco Deal Parameters

There can be no change in the parameters of the deal for sale of 65% stake in Bulgaria's dominant landline carrier BTC after the signing of the contract, Iliya Vassilev, head of Bulgaria's sale body the Privatisation Agency, told private national TV chann

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 1166

Bulgaria to Build Housing in Moscow

Bulgarian civil engineering company is set to build 75,000 sq.m of housing with social infrastructure in the west of Moscow by the end of 2004, Vladimir Resin, first deputy Mayor in the Moscow government said on Tuesday, RIA Novosti reported.

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 745

Russian Units Tipped for Bulgaria's Second N-Plant

Preliminary results from the report on ecology impact of second Bulgarian n-plant Belene have revealed that the pressurized-water reactor, such as the Russian VVER, is better for equipment, Krassimir Nikolov, Chief of the Belene Construction Works Directo

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 1290

Bulgaria's "Manager For One Day" Program Joined by 140 Students

Some 140 Bulgarian students will join this year's "Manager for One Day" initiative, which gives them the chance to lift the curtains of leading companies and state institutions. The event, which takes place March 10, is organized by Junior Achievement Bul

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 948

Michelin Posted EUR 15.4 B Net Income 2003

French tyre producer Michelin reported net income of EUR 15.4 B over 2003 fiscal year, including net profit of EUR 329 M.

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 1345

2 European Banks Interested in Sofia Municipal Bank Privatization

Two European banks have declared their interest in the privatisation of Sofia Municipal Bank, Sofia mayor Stefan Sofianski said in an interview for Bulgarian National Television. Sofianski explained that many foreign investors would be interested in the

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 714

Czechs Revive Interest toward Holidays in Bulgaria

Major Czech tour operators project a 2004 increase of 25 % of holidaymakers in Bulgaria, Dnevnik Daily informed on Monday citing data by Czech Alexandria travel agent. Alexandria, which ranks third in sales to Czech tourists, reportedly sold off Bulgaria

Business | March 8, 2004, Monday // 00:00 | Viewed: 698

Bulgaria's Privatization Body Reported 344 Deals over 2003

Bulgaria's Privatization Agency (PA) completed a total of 344 sale deals on majority shares held by state-owned companies over 2003, PA's head Iliya Vassilev announced on Monday. State-held minority shares were sold through 228 deals and another 28 piece

Business | March 8, 2004, Monday // 00:00 | Viewed: 731

Bulgaria Seeks to Become Regional Air Traffic Control Center

The first trial stage of introducing a new system for air traffic control was wrapped up on Monday amid hopes that Bulgaria will turn into a regional centre for air traffic control.

Business | March 8, 2004, Monday // 00:00 | Viewed: 996

Golf Fanatic's Dream Complex Built at Bulgarian Resort

A tourism complex worth EUR 10 M is to be built near the popular Bulgarian Black Sea resort of Primorsko, Mayor Dimitar Dimitrov, cited by Dnevnik daily, said. In the compound, along the Ropotamo River, there will be a golf field stretching over some 800

Business | March 8, 2004, Monday // 00:00 | Viewed: 54833

WB PAL 2 Allocated to Bulgaria in 2004

The Second Programmatic Adjustment Loan (PAL 2) totalling at USD 150 M will be allocated to Bulgaria by the end of 2004. That was made clear at the meeting of Bulgaria's Economy Minister Lidia Shuleva and the World Bank vice president for Europe and Centr

Business | March 7, 2004, Sunday // 00:00 | Viewed: 660

Bulgaria's Roseximbank to Issue Another 13, 800 Debit Cards

Bulgaria's Roseximbank will issue another 13,800 debit cards in order to execute the entire errand of the State Agency for Social Aid. Bank officials announced that the cards will be ready within 10 days.

Business | March 7, 2004, Sunday // 00:00 | Viewed: 844

US Auto Giants Eye Bulgaria's Business

Some of US biggest car producing companies have declared their interest in Bulgaria's business, Bulgaria's Economy Minister Lidia Shuleva said. The Bulgarian economy minister has held talks with the vice presidents of Visteon Corporation and American Axl

Business | March 7, 2004, Sunday // 00:00 | Viewed: 709

Irish Businessmen "Shocked" by Bulgaria's Real Estate Prices

The Irish businessmen who arrived in Bulgaria to examine the real estate market in Bulgaria's Black Sea towns of Burgas, Kiten, Primorsko and Lozenetz have been "shocked" by the high prices, Bulgarian 24 Hours daily reported. They were shocked because th

Business | March 7, 2004, Sunday // 00:00 | Viewed: 1624

Vietnam-Bulgaria Business Forum Kicks Off in Hanoi

Bulgaria's Parliamentary Speaker Ognyan Gerdzhikov opened on Saturday a Bulgarian, Vietnamese business forum in Hanoi. The forum is a part of the official visit of a Bulgarian business delegation to Vietnam.

Business | March 6, 2004, Saturday // 00:00 | Viewed: 750
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