Some 6,000 German tourists can be counted each day in the Bulgarian coastal resort Sunny Beach through tour operator Thomas Cook, the Free Europe radio reported. By the end of the busy season, the number of the Germans will leap to 170,000 which is 50 per
A cutting-edge technology park in Sofia is expected to absorb investments worth BGN 87 M. This is one of the five pilot programs for implementation of Sofia's new urban plan greenlighted by the city councilmen on Wednesday.
The wife of assassinated Bulgarian tycoon Iliya Pavlov -- Darina Pavlova -- founded a charity carrying his name. The family non-profit association will be registered in the United State - the current home of Pavlov's widow and two of his children.
The sale procedure of Bulgaria's telecoms operator the Bulgarian Telecommunications Company has violated the strategy, Turkish bidder in Bulgaria's telecom sale Koc Holding/Turk Telecom said Tuesday. Among the violations the Turkish runner-up pointed out
Non-household users will be able to negotiate the price of electricity with producers as of July 1 2004, Plamen Popov, Head of the National Electricity Transmission Company Market Liberalization Preparation Department, announced on Tuesday. Between 35 an
Moody's Investors Service announced Tuesday it had upgraded the credit rating of the Bulgarian Black Sea city Varna. The credit rating of Varna was raised from B2 to B1.
Bulgaria's Finance Ministry will announce a tender in search of a company to manage the Bulgarian State Lottery. The invitation for the candidates will be published this week in Bulgaria's Official Gazette, Finance Minister Milen Velchev said.
The overall index of confidence in Bulgaria's economy has dropped by 0.5 points in comparison with its April level, reaching minus 14 percent in July 2003, the National Statistical Institute announced.
It was the duty of the Finance Ministry to grant licenses to companies that would operate as duty free traders, Finance Minister Milen Velchev said in an interview for local Darik Radio.
Bulgarian companies are already participating in the reconstruction of post-war Iraq under the Oil for Food program, Georgi Ivanov, Bulgaria's trade representative in New York, said. Ivanov explained that all Bulgarian companies that have been approved b
Consultative Council for the construction of Bulgaria's Second Nuclear plant of Belene will hold a meeting at the Energy Ministry, to be attended by Energy Minister Milko Kovachev.
The requirements, which applied so far to companies and citizens of the European Union willing to invest in the gambling business in Bulgaria, will be lifted at the beginning of 2005, under drafted amendments to the Gambling Act. Currently a foreign comp
The most significant change in Bulgaria's economy over the last several years took place in the banking sector, Pirita Sorsa said in an interview for the Bulgarian News Agency as her two-year stay in the country as resident representative of the Internati
Building up a competitive business environment is one of the recommendations Bulgaria has to fulfil in order to retain the recognition of market economy, Deputy Prime Minister and Economy Minister Lidia Shuleva said Sunday.
In its latest report the Economist Intelligence Unit comments that the risk of early elections in Bulgaria in 2004 or even in 2003 is increasing. According to the world's leading provider of country intelligence current ruling coalition junior partner, th
The future of Maritsa East 1 project will be known in the coming days, when US company AES will make a final bid to negotiate its acquisition of 3 C shares in the project for building a substitute facility at the thermal power plant, the Energy Ministry a
Bulgaria's budgetary salaries will most probably go up by 7 percent in 2004, the country's Finance Minister Milen Velchev said following the discussion over Bulgaria's budget frame. He said that inflation and economy growth are expected to remain the sam
Bulgaria's Prime Minister Simeon Saxe-Coburg said that whatever the decision over the privatisation of a 65-percent stake in Bulgarian Telecommunications Company BTC it would be positive both for Bulgaria and its citizens. He also explained that the priv
A large number of the licensed tour operators in Bulgaria have not obtained the compulsory professional liability insurance, people in the business sounded alarm.
If Bulgaria's Privatization Agency would again rule out the sale of the country's Telecom to Viva Ventures, that move would be illegal, Bulgarian Doctor in law Ivan Todorov said Friday. The instructions of the Supreme Administrative Court allowed back Vi
Turkish bidder in Bulgaria's telecom sale -- Koc Holding -- proposed to Sabanci Holding, a leading industrial and financial conglomerate in Turkey, to become a partner in the consortium with Turk Telecom for the privatization of the Bulgarian Telecommunic
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
