Business

UK's Petreco Waits for Natural Gas Drilling in Bulgaria

The British company Petreco is going to launch drilling operations in the natural gas deposit near the Galata cape on the Black Sea coast, Energy Ministry official said on Friday.

Business | January 30, 2004, Friday // 00:00 | Viewed: 1565

Bulgaria, Turkey Launch Joint Ventures on Military Equipment

Bulgarian and Turkish military arsenal producing companies will cooperate in the manufacture of military equipment for the peacekeeping units, maintained by the two countries, Bulgaria's Army Chief General Nikola Kolev said on Friday, the first day of his

Business | January 30, 2004, Friday // 00:00 | Viewed: 706

Bulgaria Sells Telecom BTC to Viva Ventures

The Privatisation agency, Bulgaria's sale body, has invited top bidder Viva Ventures to sign the contract for the sale of 65% stake in Bulgaria's dominant telecom carrier, the Bulgarian Telecommunications Company (BTC), by February 20, it emerged January

Business | January 30, 2004, Friday // 00:00 | Viewed: 1533

Bulgaria Voices Ambitions for Ecotourism Heyday

Bulgarian officials as well as members of non-governmental organizations and company managers from the tourism business presented Friday the country's new National Ecotourism Strategy and Action Plan for future development in this sector. The draft was i

Business | January 30, 2004, Friday // 00:00 | Viewed: 1141

Koc Holding Company to Build Petrol Stations in Bulgaria

Opet/Aigas Bulgaria will receive a EUR 32 M credit from the EBRD to construct a total of 60 petrol stations in Bulgaria. The news was broken after representatives of the two institutions signed the contract on Friday.

Business | January 30, 2004, Friday // 00:00 | Viewed: 802

LUKoil to Supply US Gas Stations from Bulgarian Refinery

The Russian oil giant LUKoil considers to include its Bulgarian refinery in Burgas in the planned supply network for US gas stations, LUKoil vice president Leonid Fedun said, cited by Russian media. The US gasoline network owned by LUKoil has continuousl

Business | January 29, 2004, Thursday // 00:00 | Viewed: 1594

Iberostar Chain Opens Four New Lux Hotels in Bulgaria

Iberostar Hotels & Resorts is going to start construction works over four new hotels in Bulgaria, in July 2004, as part of an ambitious global launch of 13 new hotel construction sites, Europa Press informed on Thursday. The luxury Spanish chain has so f

Business | January 29, 2004, Thursday // 00:00 | Viewed: 1518

Korea's KT&G Bids For Bulgarian Bulgartabac

KT&G (Korea Tobacco & Ginseng Corp.) eyes the privatization contest of Bulgaria's tobacco monopoly Bulgartabac Holding, Transport Ministry officials announced on Thursday.

Business | January 29, 2004, Thursday // 00:00 | Viewed: 1077

Bulgaria's Map Redrafted Into Six Planning Regions

Six planning regions will be introduced onto Bulgaria's map, according to the new Regional Development Bill, passed Thursday at first reading in Bulgarian Parliament. Its centers are yet due to be decided by the Cabinet.

Business | January 29, 2004, Thursday // 00:00 | Viewed: 900

Bulgaria's Marena To Produce for Benetton

Bulgarian apparel manufacturer Marena has been contracted to manufacture 100,000 light jackets for Italian fashion group Benetton's summer offering, Just-style.com reported.

Business | January 29, 2004, Thursday // 00:00 | Viewed: 1342

DSK Bank Ends 2003 with Record Profit BGN 63. 9 M

DSK Bank ended 2003 with a record profit before taxation of BGN 63. 9 M, shows preliminary data, presented at the DSK Bank national leadership meeting on January 28.

Business | January 28, 2004, Wednesday // 00:00 | Viewed: 660

Bulgaria's Fresh Gold Uncovering Stirred Global Stock Markets

Hereward Ventures, the British gold miner, who announced a new joint venture on gold mining in Bulgaria's Rhodopes Mountains, stirred Tuesday's stock markets globally, rising shares 0.5 p to 4.

Business | January 28, 2004, Wednesday // 00:00 | Viewed: 1044

Bulgaria's 2nd N-Plant Construction "Starts in 2005"

The construction works on Bulgaria's second nuclear power plant in the town of Belene will be launched in 2005, and three years later the first 1000 MgW unit will be started, the local Yantra Dnes newspaper reported, citing engineer Vassil Bandov, deputy-

Business | January 28, 2004, Wednesday // 00:00 | Viewed: 1572

Metal Giants Demand Revision of Bulgaria's Eco Engagements

Bulgarian metallurgical plants demand that the ministries of economy and environment revise the commitments Bulgaria had taken with the closure of the Environment Chapter of the acquis communautaire, PARI Daily wrote on Wednesday. The Bulgarian companies

Business | January 28, 2004, Wednesday // 00:00 | Viewed: 719

Bulgaria's BULSOFAGRO Won Balkan Air Open Tender

The winner in the open tender for the aviation technical equipment of Bulgaria's bankrupt Balkan Airlines is BulSofAgro 2003, PARI Daily read on Wednesday.

Business | January 28, 2004, Wednesday // 00:00 | Viewed: 819

Bulgaria's FinMin Swept Mr Economy 2003 Award

Bulgaria's Finance Minister Milen Velchev won the Mr Economy 2003 award. The award has been annually handed for eight years now in public honor of overall contribution to Bulgaria's economic development during the previous year.

Business | January 27, 2004, Tuesday // 00:00 | Viewed: 824

Bulgaria Air Lost Tender for Balkan Air Technical Base

Bulgarian flag carrier Bulgaria Air lost the tender for the air technical base of one-time national carrier Balkan Airlines, which it replaced, the Transport Ministry announced.

Business | January 27, 2004, Tuesday // 00:00 | Viewed: 1082

Bulgaria's Capital Nears Athens, Istanbul in Retail Real Estate Rentals

The retail space rentals in the Bulgarian capital Sofia range between EUR 25-120 / per sq.m.

Business | January 27, 2004, Tuesday // 00:00 | Viewed: 1406

Business in Bulgaria Votes "Yes" to Future EU Entry

A total of 95% of Bulgaria's businessmen back the country's future entry in the European Union (EU), a survey of the Alfa Research agency showed. Only 4% of the business representatives that took part in the survey opposed the EU entry, while just 1% of

Business | January 27, 2004, Tuesday // 00:00 | Viewed: 942

Turkish Company to Build Business Center, Hotel in Bulgaria

Turkish consortium Tepe-Akfen-Vie plans to build a business center and a five-star hotel in Bulgaria, Turkish Hurriyet wrote. The hotel will rise in capital Sofia, and its construction is expected to cost some USD 25 M.

Business | January 27, 2004, Tuesday // 00:00 | Viewed: 711

Global Companies Invest in Improved Labor Conditions in Bulgaria

An extension of EUR 220,000 for improving labour conditions in Bulgaria's textile factories have been allotted by the European Commission and the head offices of Nike, Adidas-Salomon, Levi's and H&M, PARI Daily wrote on Tuesday. The allotment will improv

Business | January 27, 2004, Tuesday // 00:00 | Viewed: 745
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