Turkish bidder in Bulgaria's telecom sale Koc Holding/Turk Telecom announced Tuesday that they have concluded negotiations with the International Finance Corporation (IFC), which is a part of the World Bank, over the Bulgarian Telecommunications Company (
Varna Shipyard sale procedure with the bidders Baker Investment and AKB Fores was cancelled on Tuesday. Under a scheme proposed by former Transport Minister Plamen Petrov, a joint company was to be set up between the shipyard owner - Navigation Maritime
Viva Ventures, the first preferred buyer in the privatization of the Bulgarian Telecommunications Company (BTC), will announce on Wednesday whether it will accept the recommendations of the Bulgarian Cabinet, local radio Info said. Viva Ventures' team an
Bulgaria's National Electricity Transmission Company (NETC) covers 75 percent of the electricity deficit on the Balkans, an official of the company announced Tuesday. NETC is currently exporting electricity to Greece, Serbia and Montenegro, Macedonia and
Following ten months of negotiations Kremikovtzi steel maker and the Bulgarian State Railways (BDZ) signed Monday evening a contract on the tariffs of freights transportation. The accord will be backdated September 30, 2002, Deputy Transport Minister Niko
Bulgaria's Consumer Prices Index (CPI) recorded an inflation of 0.9 percent in July as compared to June, Bulgaria's National Statistics Institute announced on Tuesday.
Bulgarian cosmetics company Rubella stepped successfully on the US market as its new line of facial creams Deva gained a wide recognition on the international fair Cosmoprof North America. This was the first time that the prestige event took place in the
A top official in Sofia sees no hurdles for Bulgaria to clinch better conditions in its telecom privatization deal. The government has recently given the first preferred buyer -- Viva Ventures -- the chance to improve its bid.
The European Commission (EC) halted the tender procedures for construction of purifying stations in the Bulgarian towns of Stara Zagora and Dimitrovgrad, Dnevnik daily reported. This news was published in the official bulletin of the Commission end-July.
Turkish bidder in Bulgaria's telecom sale Koc Holding/Turk Telecom is considering the opportunity to file an appeal, should it be declassified from the privatisation procedure, the consortium's legal consultant Sergey Penev told local Darik radio.
Bulgaria and the United Arab Emirates are set to boost business cooperation, Bulgaria's Deputy Economy Minister Radoslav Bozadjiev said following his meeting with Sultan Ahmed Bin Sulayem, one of the leading businessmen in Dubai. Sultan Ahmed Bin Sulayem
July's revenues of the Bulgarian customs reached the record high-level of BGN 280 M per month. This is up by nearly BGN 44 M as compared to July 2002.
Retail sales in Bulgaria have gone up by 3 percent over the first half of 2003. The research was conducted by the National Statistical Institute and aimed at comparing the data to the numbers in last year's H1.
Bulgarian companies Transimpex AD, Corecom Princess AD and Deneb AD, that were licensed to operate as duty free traders, will submit complaints against the decision of Finance Ministry to revoke these licenses. Bulgaria's Finance Ministry announced it wo
The Privatisation Agency floated Monday 20 percent of the shares in biggest Bulgarian insurer DZI and 49 percent of Research and Extraction of Petroleum and Gas-Pleven to be traded against compensatory instruments.
Sultan Ahmed Bin Sulayem, one of the leading businessmen in Dubai, is on a trip to Sofia to conclude talks with two Bulgarian companies for the reconstruction of Iraq. The billionaire runs the gold and diamond business in Dubai and is responsible for the
All companies willing to participate in the tender for management of Bulgaria's State Lottery will have to submit their papers in the country's Finance Ministry by September 8.
Starting from August 10 the subscribers of the Bulgarian Telecommunications Company (BTC) will be able to pay their telephone bills thought the cash-dispensers in the entire country.
The recommendations of Bulgaria's Cabinet to the country's Privatisation Agency over the Bulgarian Telecommunications Company (BTC) deal are useful, protect the state's interests and are not illegal, Petko Nikolov, Chairman of the Supervisory Council of t
Bulgaria's Finance Ministry would not grant licenses for duty free traders until the amendments to the law for the excises are voted. The Finance Ministry would recover the charges to the participants whose papers have already been reviewed.
Bulgaria's Economy Ministry is working on a new strategy for the privatisation of the country's tobacco monopoly Bulgartabac that suggests that all daughter companies of Bulgartabac should be sold separately. This is what the country's Economy Minister Ly
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
