Business

Viva Ventures Set to Keep Sweetened Bid for Bulgaria's Telco

Viva Ventures will keep the improvements in the parameters it declared for the purchase of 65% stake in Bulgaria's telecom operator BTC, either if the deal is greenlighted by the Supervisory Council of the Privatisation Agency or court rules in favour of

Business | August 19, 2003, Tuesday // 00:00 | Viewed: 592

Bulgaria May Import 100,000 Tons of US Wheat

Bulgaria may need to import some 100,000 tons of wheat from the US, Boyko Boev, Bulgaria's Deputy Agriculture Minister said Tuesday. Talks on the deal started in May and it will most likely be sealed by the end of August, Boev said.

Business | August 19, 2003, Tuesday // 00:00 | Viewed: 540

Beer Brewer Kamenitza AD Launched PET Innovation on Bulgarian Market

One of Bulgaria's most popular beer brewers Kamenitza AD launched a new PET packaging Q-pack. It is a single layer barrier bottle, which offers an outstanding protection against oxygen and light, while keeping the carbonation inside.

Business | August 19, 2003, Tuesday // 00:00 | Viewed: 3373

Intellinews Sees Deal in FinMin Resignation, Bulgaria's Telco Sale

The resignation of Finance Minister Milena Velchev might be traded against the deal for 65% of Bulgaria's landline telecom -- Bulgarian Telecommunications Company (BTC). This is what Intellinews analyst Radoslav Krastev said in an interview for Radio Free

Business | August 19, 2003, Tuesday // 00:00 | Viewed: 404

Bulgaria's Telco Bidder Defends Tacit Agreement in Court

Viva Ventures, one of the bidders for Bulgaria's telecom operator BTC, approached the Supreme Administrative Court and appealed the latest decision of the Supervisory Council of the Privatization Agency in a bid to prove tacit agreement with the deal for

Business | August 18, 2003, Monday // 00:00 | Viewed: 518

Bidder for Bulgarian Shipyard Submit Complaint over Suspended Deal

If we do not receive an official answer from Navigation Maritime Bulgare over the cancelled Varna Shipyard sale procedure within a week we will submit a complaint, Ivailo Marinov, Deputy Chairman of the Executive Council of AKB Fores said Monday. Varna S

Business | August 18, 2003, Monday // 00:00 | Viewed: 561

Sale Body Ratified Viva Ventures Sweetened Contract for Bulgaria's Telco

The privatization contract with Vienna-based Viva Ventures and the accompanying documents have already been ratified by the state institutions and the buyer. There are no problems for them to be submitted to the Supervisory Board in the coming days, spoke

Business | August 18, 2003, Monday // 00:00 | Viewed: 428

US Agency Funded Tourism Development in Bulgarian District

The US Agency for International Development (USAID) funded a project that provides for making a general strategy for tourism development in the Bulgarian town of Smolyan and its region. US Ambassador James Pardew arrived Monday on a visit to the town to s

Business | August 18, 2003, Monday // 00:00 | Viewed: 441

Bulgarian Energy Companies Eye Credit Ratings

Three energy companies - Bulgaria's gas monopoly Bulgargaz, the National Electricity Transmission Company and thermal power plant Maritsa East II are currently selecting an agency to rate their credit worthiness, Deputy Energy Minister Ilko Yotsev told th

Business | August 18, 2003, Monday // 00:00 | Viewed: 307

Deal for Bulgaria's Telco Go to Sale Body Supervisors "Soon"

As early as Monday or Tuesday the Executive Council of the Privatization Agency is expected to submit to the Supervisory Board of the sale body the contract for the sale of 65% of Bulgaria's telecom operator, high-ranking officials said.

Business | August 18, 2003, Monday // 00:00 | Viewed: 346

Payment Orders Due in First Centralized Open Tender

Participants in the First Centralized Open Tender, whose ranked bids greenlight the purchase of shares, can submit their orders for payments August 18-29, the Privatization Agency announced. This can be done at all post branches across the country, region

Business | August 18, 2003, Monday // 00:00 | Viewed: 424

Ukraine to Reduce Duties for 110 Bulgarian Goods

Ukraine will reduce customs duties for 110 goods that are traditionally imported into the country from Bulgaria, the Bulgarian Telegraph Agency said Sunday. Taxes for wine, tobacco, medical supplies and fabrics will be drastically reduced, the agency sai

Business | August 17, 2003, Sunday // 00:00 | Viewed: 448

Bulgaria to Sign Concession Contracts for Road Building

In 2004 Bulgaria will sign contracts with concessionaires for building new highways in the country, Bulgaria's Regional Development Minister Valentin Tserovski said Sunday. The ministry is already prepared for this move, Tserovsi said.

Business | August 17, 2003, Sunday // 00:00 | Viewed: 374

Bulgarian Firms Cut Off Taxes by Misrepresenting Incomes

Bulgarian firms cut off a large part of taxes that they are due to pay, Prof. Hristina Vucheva at capital Sofia' s University of National and World Economy said Sunday.

Business | August 17, 2003, Sunday // 00:00 | Viewed: 343

Deferred Payment Sales in Bulgaria Blossom

The number of deferred payment sales in Bulgaria increased significantly over 2003, Bulgaria's Kapital (Capital) newspaper wrote Saturday. This growth is due to fast development of Bulgaria's deferred payment market, the article reads.

Business | August 16, 2003, Saturday // 00:00 | Viewed: 525

Bulgarian Duty-Free License Candidates Enter Court

Bulgarian companies Sofkom and B.N.

Business | August 16, 2003, Saturday // 00:00 | Viewed: 580

Viva Ventures: Delay of Telco Deal will Hurt Bulgaria's Economy

Another delay of the deal over the Bulgarian Telecommunications Company BTC would hurt Bulgaria's economy, Viva Ventures, which was first selected a preferred buyer said in a statement circulated to the media. According to Viva Ventures BTC needs urgent

Business | August 15, 2003, Friday // 00:00 | Viewed: 563

Over BGN 1 B Unpaid Taxes in Bulgaria

Over BNG 1 B are the unpaid taxes in Bulgaria, the country's Chief Tax Agency. The tax debtors in Bulgaria total 2585 people, some 71 of them are the new tax debtors to the country.

Business | August 15, 2003, Friday // 00:00 | Viewed: 446

Bulgarian Households Average Income in June Reached BGN 399

The average income of the Bulgarian households in June reached BGN 399. There was BGN 152 per head.

Business | August 15, 2003, Friday // 00:00 | Viewed: 652

No Final Decision on Bulgaria's Telco Deal

The Supervisory Council of Bulgaria's Privatisation Agency returned the deal for the sale of 65% stake in Bulgaria's dominant landline telecom operator the Bulgarian Telecommunications Company BTC to the Executive Board of the sale body. Petko Nikolov, c

Business | August 15, 2003, Friday // 00:00 | Viewed: 555

Decisive Move on Bulgaria's BTC Expected Today

The Supervisory Council of Bulgaria's Privatisation Agency convened for an emergency meeting today to decide whether to endorse or not the preliminary draft contract on the sale of 65% stake in Bulgaria's dominant landline carrier to Vienna-based Viva Ven

Business | August 15, 2003, Friday // 00:00 | Viewed: 511
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