Business

Bulgaria Ponders Break-up with Russia's RSK over MiG-29

By the end of this month Bulgaria will greenlight or reject a proposed termination of the contract with Russia's RSK MiG for repair works of Bulgaria's MiG-29 fighter aircraft, said in Bulgaria's second biggest town of Plovdiv Tsonko Kirov, MP of the ruli

Business | December 1, 2003, Monday // 00:00 | Viewed: 771

Bulgarian Chocolate Producer to Build Mill in Vietnam

Bulgarian chocolate producer Stancho Kolev, who runs a factory in the town of Gabrovo, now moves to build a mill in Vietnam, the entrepreneur himself told Bulgarian Dnevnik daily.

Business | November 30, 2003, Sunday // 00:00 | Viewed: 817

Plastic Liquor Bottles Banned in Bulgaria 2004

Using plastic bottles for liquor drinks when the bottle has a capacity of more than one liter will be banned in Bulgaria from the beginning of next year, according to a fresh law amendment. Liquor producers will also have to face new requirements concern

Business | November 30, 2003, Sunday // 00:00 | Viewed: 1671

Russians to Help Bulgaria's Air Force Match NATO Standards

A working group of nine Russian experts has arrived in Bulgaria on November 28, to assist for the modernization of the country's MiG-29 jet-fighters, Bulgarian Dnevnik daily said. The process has two stages - one for prolonging the fighters' exploitation

Business | November 29, 2003, Saturday // 00:00 | Viewed: 659

Bulgaria Won't Re-Negotiate Increase of Fuel Excise

The decision for increasing fuel excise duties is final and won't be revised, Bulgaria's Finance Minister Milen Velchev told local Net radio on Saturday. Bulgaria got a three-year transitional period for cigarettes excise to come up with European Union (

Business | November 29, 2003, Saturday // 00:00 | Viewed: 606

Municipality Estates "Involved" in Sofia Elections Deal

Eleven municipality-owned estates entered the assets of a newly set shareholder company just in between the two rounds of Sofia local elections, local 24 Hours Daily disclosed in its Saturday's issue.

Business | November 28, 2003, Friday // 00:00 | Viewed: 578

Foreign Investments in Bulgaria Jump to USD 864 M Jan-Sept 2003

Foreign investments in Bulgaria reached USD 864 M for the first nine months of 2003, up more than 40 % year-on-year, according to the Bulgarian National Bank (BNB) data. Foreign investments break the records this year, the director of Bulgarian Foreign In

Business | November 28, 2003, Friday // 00:00 | Viewed: 602

Two of Bulgaria's Largest Breweries Merge

Shareholders in two of Bulgaria's largest breweries - Zagorka and Ariana - agreed on a merger of the two companies on December 31, to be jointly named Zagorka. Ariana will be one of the separate brands produced by Zagorka.

Business | November 28, 2003, Friday // 00:00 | Viewed: 677

Bulgarian National Bank Issues Golden Coin

The Bulgarian National Bank (BNB) will issue a commemorative golden coin of "The Virgin Mary" on Monday. The coin was presented at the BNB on Friday.

Business | November 28, 2003, Friday // 00:00 | Viewed: 604

EUR 2 M Fund to Boost French, Bulgarian Business Cooperation

Bulgaria and France have agreed to found a EUR 2 M fund for boosting the cooperation between Bulgarian and French companies in that way increasing the French investments in the Balkan country, Bulgaria's Economy Minister Lidia Shuleva said. The fund will

Business | November 28, 2003, Friday // 00:00 | Viewed: 480

Bulgaria Introduces Zero Customs Rates on Grain-Imports

The Cabinet approved the introduction of zero customs tariffs on wheat imports as of January 1 in a bid to stop the rise in flour and bread prices. Zero customs tariffs will be introduced in the imports of barley, oats and rye for the period January 1 -

Business | November 27, 2003, Thursday // 00:00 | Viewed: 493

Bulgarian Fake Wines "Imported to Germany"

Two brands of Bulgarian wine have been found among the watered down wine, imported to Germany from Eastern Europe at the beginning of 2003, German newspaper Berliner Zeitung wrote.

Business | November 27, 2003, Thursday // 00:00 | Viewed: 1005

BGN 100 Bill Released on Banker's Day

BGN 100 banknotes will be released in Bulgaria on December 6 Banker's Day, local Standard daily wrote on Wednesday. The notes will be in green and will depict the image of famous Bulgarian writer Aleko Konstantinov (1863-1897).

Business | November 26, 2003, Wednesday // 00:00 | Viewed: 632

Bulgarian Thermal Power Station Goes Public

The Commission for Financial Control greenlighted the privatisation of Bobovdol coal-fired thermoelectric power station through public offering on the Stock Exchange, following the decision of the Privatisation Agency to divest it 100% though the bourse.

Business | November 26, 2003, Wednesday // 00:00 | Viewed: 694

Duty-Free Grain Imports Planned in Bulgaria

Bulgarian Government will discuss at its Thursday session the possibility duty-free grain imports to be launched from January 1 next year. The aim of this measure is speculative increase of flour and bread prices in the country to be stopped, governmenta

Business | November 26, 2003, Wednesday // 00:00 | Viewed: 494

Greek Viohalco to Invest EUR 2 M in Bulgaria

Greek metallurgical group Viohalco will invest EUR 2.0 M in the construction of an enterprise for production of panels, transforming sun energy into electric power, the company's representative for Bulgaria, Anton Petrov, said.

Business | November 26, 2003, Wednesday // 00:00 | Viewed: 786

Bulgarian, French Firms to Boost Cooperation

A special agreement for boosting the cooperation between small and medium-sized enterprises in Bulgaria and France will be signed by Bulgaria's Social Minister Lidiya Shuleva and France's Minister of Foreign Trade Francois Loos on November 28. The event

Business | November 25, 2003, Tuesday // 00:00 | Viewed: 544

Bulgarian Teenager Landed Cisco Academy Award

Bulgarian Yordan Katsarov, aged 15, won Tuesday the Cisco Networking Academy Award for best students, making awards won by Bulgaria this year two - a precedent in the ceremony's history. The event took place in Johannesburg and awards were handed by Robe

Business | November 25, 2003, Tuesday // 00:00 | Viewed: 657

Elbit Systems Set for Upgrading of Bulgaria's Air Force

World leader in aircraft upgrade programs Elbit Systems pledged to employ 700 Bulgarian engineers and cooperate with Bulgaria's leading firms in the sector for the modernization of the Mi-24 and Mi-17 helicopters of the country's Air Force. The company,

Business | November 25, 2003, Tuesday // 00:00 | Viewed: 618

BenchMark Group Unites 4 of Bulgaria's Greatest Financiers

Four of Bulgaria's greatest financiers- Vesselin Genchev, Vladimir Velinov, Hristo Karamfilov and Lyubomir Boyadjiev - jointed their efforts and formed a new finance and investing company named BenchMark Group. All of the four executives have a professio

Business | November 25, 2003, Tuesday // 00:00 | Viewed: 1479

EBRD, EU Present New Credit Line in Bulgaria

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) presented a new credit line for small and medium-sized enterprises on November 25. The decision for credits providing will be taken within 24 hours due to a new model

Business | November 25, 2003, Tuesday // 00:00 | Viewed: 748
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