Business

Germany to Back Bulgaria as Regional Air Traffic Control Centre

Germany's government is likely to support Bulgaria's efforts for turning into a regional centre for air traffic control.

Business | March 21, 2004, Sunday // 00:00 | Viewed: 2265

Madagascar, Bulgaria Set to Invigorate Ties

President Georgi Parvanov and his Madagascar counterpart President Marc Ravalomanana expressed willingness to boost bilateral relations during their meeting in Sofia on Saturday.

Business | March 20, 2004, Saturday // 00:00 | Viewed: 1420

5 Bidders OKed for Bulgaria's Power Utilities Finals May 25

Five bidders can submit final applications for the privatisation of 67 percent stake in Bulgaria's power utilities by May 25. The Privatisation Agency approved all five companies, which submitted indicative offers.

Business | March 20, 2004, Saturday // 00:00 | Viewed: 750

Bulgaria Eyes Presentation on Russian Tourism Expos

Bulgaria is preparing an attractive presentation of its tourism potential to be seen during the upcoming tourism expos in Moscow and Kiev. The organization of the two national advertising and information booths handed over to the consortium of Akra and O

Business | March 19, 2004, Friday // 00:00 | Viewed: 821

Prosecutors Approached over Bulgaria's Telco Sale

Left-wing Coalition for Bulgaria approached Friday the Prosecutor's Office over the controversial issue of GSM operator license award in the sale of Telecommunications Company BTC to Viva Ventures.

Business | March 19, 2004, Friday // 00:00 | Viewed: 703

Solvay Sisecam Holding Invested USD 80 M in Bulgaria-based Plant

A total of USD 80 M have been invested in Devnya -based Solvay Sodi soda ash producing plant ever since its 1997 privatization by the Solvay Sisecam Holding.

Business | March 19, 2004, Friday // 00:00 | Viewed: 3191

Bulgaria's End-2003 Growth Projected at 4.3%

Bulgaria's economic growth for the last quarter of 2003 is projected to reach 4.3 percent, which overshoots by nearly one percent the growth marked year over year, the latest report of the Center for Economic Development says.

Business | March 19, 2004, Friday // 00:00 | Viewed: 805

Bulgaria "Property Investment Hot Tip" for 2004

Bulgaria is the hot tip to entice retirement migrants in 2004, the Miami Herald wrote in an article "Retiring Britons May Look to Croatia, Bulgaria, Turkey for Affordable Homes". According to the article driven by rising affluence, the number British ret

Business | March 19, 2004, Friday // 00:00 | Viewed: 1087

Decision on Bulgaria's Third GSM Operator Due Next Week

The State Communications Regulation Commission (SCRC) put off until next week its decision whether or not to issue a license for a third GSM operator to Viva Ventures. Viva Ventures, wholly-owned unit by British-based equity house Advent International, r

Business | March 19, 2004, Friday // 00:00 | Viewed: 755

Business and Entertainment to Meet in the Heart of Sofia

A big center sheltering business and entertainment is going to be built in the center of capital Sofia. The Mall of Sofia will spread on 35,000 square meters, with offices take up some 10,000 square meters.

Business | March 18, 2004, Thursday // 00:00 | Viewed: 1223

Pamporovo Braces up with New Ski Facilities

The Rhodopes ski resort of Pamporovo braces up to meet next winter season with extended ski tracks and facilities. Three new ski tracks, with a total length of 5 km, and two 4-seat lifts will meet skiing enthusiasts.

Business | March 18, 2004, Thursday // 00:00 | Viewed: 955

Int'n'l Operators Eye Bulgaria's Coastal Airports

Frankfurt Vienna and Copenhagen airport operators have declared their interest in the airports in the Bulgarian coastal cities Varna and Burgas, Yordan Mirchev, Director of the Parliamentary Committee on Transport and Telecommunications, announced. The c

Business | March 18, 2004, Thursday // 00:00 | Viewed: 658

Bulgaria Bans Hotels Construction on Beaches

Building of hotels on the beaches will be banned in compliance with a Bill on the Black Sea coast, said Savin Kovachev, Regional Development Deputy Minister.

Business | March 18, 2004, Thursday // 00:00 | Viewed: 768

Issuing of 3rd Bulgarian GSM License Decided Today

Bulgaria's Communications Regulation Commission (SCRC) is expected to decide today whether to issue a license for a third GSM operator to Viva Ventures. Viva Ventures, recently acquired a 65% stake in Bulgaria's dominant telecom BTC.

Business | March 18, 2004, Thursday // 00:00 | Viewed: 688

Report: Bulgaria and Poland to Top EU Energy Export

In a decade Bulgaria and Poland will be the CEE countries of largest energy exporting potential. A EU report published by Deutsche Welle surveys the energy producing potential and the electricity consumption in the enlarged Union.

Business | March 17, 2004, Wednesday // 00:00 | Viewed: 792

Law Change Urged to Allow Foreigners Buy Bulgarian Land

Bulgaria's Euro-integration minister called Wednesday for Constitutional amendment to allow foreigners buy Bulgarian land. A decision for adopting the Constitutional amendments needed in light of Bulgaria's EU bid could be taken after the end of the nego

Business | March 17, 2004, Wednesday // 00:00 | Viewed: 745

Bulgarian Optic Cable to Run for the Olympics

The first ever private optic cable network in Bulgaria is set to operate till the summer start of the Olympic Games. The first sod for the optic cable that will link Sofia with Blagoevgrad and Kulata was turned Monday by Bulgaria's Regional Development M

Business | March 17, 2004, Wednesday // 00:00 | Viewed: 864

EBRD Allots EUR 50 M for Bulgaria's Energy Sector

The European Bank for Reconstruction and Development (EBRD) allotted a total of EUR 50 M for the development of Bulgaria's energy sector effectiveness. The agreement was signed by EBRD officials and representatives of three Bulgarian banks.

Business | March 16, 2004, Tuesday // 00:00 | Viewed: 704

Bulgarian Court Restores Cosmetics Astera Major Shareholder

The major shareholder at Bulgarian cosmetics company Astera, Krassimir Mitev restored his 50-percent-plus stake upon decision by the Supreme Cassation Court. Mitev was deprived of his 96,000 voting shares by virtue of a general meeting decision in 2000.

Business | March 16, 2004, Tuesday // 00:00 | Viewed: 1475

Bulgarian Companies to Build Hotels in Dallas

Bulgarian companies will construct business offices and hotels in the American city Dallas.

Business | March 16, 2004, Tuesday // 00:00 | Viewed: 634

Sofia Municipal Bank Sale Wrapped up in 2005

Sofia Municipal Bank sale will be completed at the beginning of 2005, Sofia municipal council chairman Vladimir Kisyov announced.

Business | March 16, 2004, Tuesday // 00:00 | Viewed: 575
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