Business

Autumn Strikes in Bulgaria Not Ruled Out

The announced changes in the Cabinet is an admission of its failure to meet the promises in the economic and social sector, one of the two big trade unions in Bulgaria - the Bulgarian Trade Union Confederation of Independent Trade Unions in Bulgaria (CIT

Business | July 16, 2003, Wednesday // 00:00 | Viewed: 261

Power Thefts Cost BGN 75 M to Bulgaria's Utilities

Bulgaria's seven power distribution utilities have declared a loss of BGN 75 M from electricity thefts over the first six months of 2003. Those thefts form the major part of the companies' technological expenses and have negative effect on their financia

Business | July 16, 2003, Wednesday // 00:00 | Viewed: 325

Parliament Postponed Election of Governor of Bulgaria's Central Bank

Bulgaria's Parliament once again postponed Wednesday the election of governor of Bulgaria's National Bank. The negotiations were to resume this week with a meeting of the representatives of left-wing Bulgarian Socialist Party, right-wing United Democrati

Business | July 16, 2003, Wednesday // 00:00 | Viewed: 329

American Business Delegation Set to Boost Cooperation with Bulgaria

Delegation of representatives of eleven American companies led by US Deputy Secretary of Commerce Samuel W. Bodman arrived Wednesday in Bulgaria to explore future business cooperation.

Business | July 16, 2003, Wednesday // 00:00 | Viewed: 267

Prince Charles Praised Bulgaria's Companies Community Involvement

HRH Prince Charles praised Bulgarian companies community involvement in a letter sent to the Bulgarian Business Leaders Forum (BBLF). Maxim Behar, BBLF chair, presented the letter July 15 at a discussion on community involvement and volunteer work in Bulg

Business | July 15, 2003, Tuesday // 00:00 | Viewed: 691

BGN 87 M of Bulgaria's Telco 2002 Profit Goes to State Budget

BGN 87 M of Bulgaria's telecoms operator 2002 profit has been transferred to the state budget under an order of Transport Minister Plamen Petrov of May 9. Shareout of 2002 profit dividend was one of the contentious issues that remained open before the te

Business | July 15, 2003, Tuesday // 00:00 | Viewed: 374

American Companies to Explore Bulgaria's Business Opportunities

Representatives of eleven American companies will explore Bulgaria's business and investment opportunities. These companies will be part of the American delegation led by US Deputy Secretary of Commerce Samuel W.

Business | July 14, 2003, Monday // 00:00 | Viewed: 547

Private Nova TV Lands Bulgaria's 3rd National TV Operator License

Bulgaria's private Nova TV channel won the contest for third national TV operator Monday. The contest started June 2nd and the deadline for candidates to submit their bids was June 23rd.

Business | July 14, 2003, Monday // 00:00 | Viewed: 1003

France's Leading Car Manufacturer to Study Investment Opportunities in Bulgaria

Agents from France's leading car manufacturing company Peugeot Citroen will arrive July 16th on a two-day visit to study investment opportunities in Bulgaria, spokesman of Bulgaria's Economy Ministry said Monday. The invitation for the visit came from Bul

Business | July 14, 2003, Monday // 00:00 | Viewed: 405

Talks over Bulgarian National Bank Governor Resume This Week

The negotiations for governor of the Bulgarian National Bank will be renewed this week with a meeting of the representatives of left-wing Bulgarian Socialist Party, right-wing United Democratic Forces, as well as Oborishte Movement the Bulgarian Women Par

Business | July 13, 2003, Sunday // 00:00 | Viewed: 361

Viva Ventures: Bulgaria's Telco May Collapse on Competitive Market

Bulgaria's telecoms operator BTC faces serious rivalry on the market and may even collapse should its main line of business be taken over by another company, said Sunday a consultant with Viva Ventures, wholly owned unit by Advent International. At the b

Business | July 13, 2003, Sunday // 00:00 | Viewed: 421

Russia behind Schedule with Bulgaria's MiG-29 Fleet Repair

Russia is falling behind schedule with the repair works of Bulgaria's MiG-29 fighter aircraft, national private TV channel bTV reported Saturday, two days before the deadline for completing the repairs of the first six of a total of 20-member fleet expire

Business | July 12, 2003, Saturday // 00:00 | Viewed: 340

Sofia Upbeat on Market Competitiveness in EU

Bulgaria is ready to live up to competition pressure and market powers in the European Union, Deputy Prime Minister and Economy Minister Nikolay Vassilev said in the report that he presented at the Cabinet Saturday meeting in the coastal town of Varna.

Business | July 12, 2003, Saturday // 00:00 | Viewed: 455

Bill on Bulgarian Airport Concessions May be Put to Vote Again

The bill on extending concessions for Varna and Burgas airports will be tabled again in Parliament and must be put to the vote before the end of the current parliamentary session, Transport Minister Plamen Petrov said in the Black Sea town of Varna.

Business | July 12, 2003, Saturday // 00:00 | Viewed: 496

Bulgarian Rural Tourism Promoted in London

Rural tourism in Bulgaria will be promoted for the first time outside the country at the tourism bourse in London November 2003. Rural tourism, balneotourism and mineral springs in the country will be the major subjects of Bulgaria's presentation in the

Business | July 11, 2003, Friday // 00:00 | Viewed: 337

4,000 Bulgarian Firms Went Bankrupt 2002-2003

More than 4,000 Bulgarian firms went bankrupt over 2002 and 2003, Diana Marinkova, Chairwoman of Bulgaria's Association of Companies in Light industry said Friday.

Business | July 11, 2003, Friday // 00:00 | Viewed: 348

Bulgaria Enjoys Mounting Tourist Interest

The number of foreign tourists coming to Bulgaria has gone up by 9.59 percent over the first six months of 2003, officials of Bulgaria's Economy Ministry said Friday.

Business | July 11, 2003, Friday // 00:00 | Viewed: 490

Bulgaria's Finance Ministry, Central Bank Offer New State Budget Bill

Bulgaria's Finance Ministry and National Bank have worked out a bill for the country's state budget, Bulgaria's Deputy Finance Minister Krasimir Katev said Friday. He explained that the bill settles the management of Bulgaria's fiscal reserve as planned

Business | July 11, 2003, Friday // 00:00 | Viewed: 383

Market Share of Low-Nicotine Cigarettes in Bulgaria Increases

Market share of low-nicotine and tar cigarettes in Bulgaria will increase in 2003, Bulgaria's tobacco monopoly Bulgartabac suggested Thursday. Experts at the company also expect to find market for some 23,000 tons of cigarettes in Bulgaria 2003.

Business | July 10, 2003, Thursday // 00:00 | Viewed: 1247

Bulgarian Trade Marked 11% Growth Jan-May

Wholesale trade in Bulgaria marked 11 percent growth over January-May 2003, Bulgaria's National Statistics Institute announced Thursday.

Business | July 10, 2003, Thursday // 00:00 | Viewed: 538

Moscow to Transport Processed Spent N-fuel Back to Bulgaria

Russia will not store the spent nuclear fuel of Bulgaria's Nuclear power plant Kozloduy in the district of Chelyabinsk, Russian Ministry of Nuclear Energy announced July 10, RIA Novosti reported.

Business | July 10, 2003, Thursday // 00:00 | Viewed: 1176
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