Business

BOL Business Group Challenges Telco Deal

BOL Business Group Ltd, headed by Veni Markovski and Dimitur Ganchev filed Wednesday a third claim to the Supreme Administrative Court against the selection of the preferred buyer forthe Bulgarian Telecommunications Company. They demanded to be constitute

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 374

Bulgaria Wants Private Companies to Co-fund EU Programs

Bulgaria may absorb EUR 150 to 200 million more from the EU pre-accession funds if private enterprises get involved in the funding. Finance minister's fiscal advisor Lyubomir Datsov said this was an appropriate way for boosting financial aid for EU-aspira

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 363

TNT - Official Carrier of European Film Awards for Sixth Year in a Row

Provided by TNT Bulgaria TNT Express, the world's leading business to business express delivery company, is the official carrier of the annual star studded European Film Awards, to take place in Rome on December 7.

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 458

Fourteen Companies Eye Varna Shipyard

Fourteen companies are interested in becoming partners of Varna shipyard, Transport Minister Patrov announced. The Navigation Maritime Bulgare looks for a serious partner who can finance and develop the activities of the shipyard.

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 412

Balkan Air Tour Keeps All Balkan Airlines Slots

The slots of insolvent Balkan Airlines in London, Zurich, Frankfurt, Berlin, Amsterdam, Paris, Moscow, Tel Aviv, Moscow, Vienna, Madrid, Brussels, Copenhagen and Stockholm were preserved and will be used by Balkan Air Tour. Balkan Air Tour will conduct al

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 651

WB Strategy Presented in Bulgarian Town of Vidin

The World Bank's Country Manager to Bulgaria Oscar de Bruyn Kops presents today the World Bank strategy for assisting Bulgaria in the Bulgarian town of Vidin. Regional projects of the World Bank will be considered at the meeting of Vidin mayor Ivan Tsenov

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 403

Business Leaders Chairman Invites Prince of Wales to Bulgaria

Maxim Behar, Bulgarian Business Leaders Forum (www.bblf.

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 380

Raiffeisenbank Bulgaria Opens New Branch

An office of Raiffeisenbank Bulgaria will be opened in the town of Montana, North-western Bulgaria. The bank reported a BGN 13,9 M of operating profit for the eleven months of this year.

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 410

Bulgaria's New Flag Carrier Took off

Bulgaria's recently established flag carrier Balkan Air Tour conducted its first flights on Wednesday. A Tupolev-154 aircraft, hired by air squad 28, took off with forty passengers for London and Paris at 8.

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 348

Austria's Erste Bank Serious Contender for DSK Bank

Austria's Erste Bank is interested in the full state stake in the last Bulgarian state-owned credit institution DSK Bank, the Bulgarian News Agency reported. The chief financial director of Erste Bank said the bank strived to make a significant investment

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 607

New Flag Carrier Starts Tickets Sale in Bulgaria

The sale of tickets of the newly established flag carrier Balkan Air Tour began on Tuesday. The first flights of the company are expected to take place on Wednesday.

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 422

Bulgaria's Telco Deal to Be Inked Early Next Year

The Bulgarian Telecommunications Company deal will be inked in the beginning of next year, the Privatization Agency announced. The Finance Ministry is expected to negotiate next week with the preferred buyer Viva Ventures the funding that the company will

Business | December 4, 2002, Wednesday // 00:00 | Viewed: 311

Sofia's Profit from Burgas-Vlora Pipeline Set at USD 80 M a Year

Bulgaria's annual profit from the underground pipeline linking Bulgaria's Black Sea port of Burgas to the Albanian port of Vlora will amount to some USD 75-80 M, Rumen Nikolov, representative of Albanian, Macedonian and Bulgarian Oil Corporation (AMBO), f

Business | December 3, 2002, Tuesday // 00:00 | Viewed: 758

Official Calls Opposition Attack on Telco Deal "Insinuation"

All claims in the signal of the United Democratic Forces for wrongdoings in the privatisation procedure of the telecom are insinuations according to the Executive Director of the Privatization Agency Apostol Apostolov. He defined the signal as "a politica

Business | December 3, 2002, Tuesday // 00:00 | Viewed: 291

Bulgargaz to Cooperate in Turkey-Austria Pipeline Study

An agreement for cooperation in preparing a feasibility study on the construction of a gas pipeline connecting Turkey and Austria was signed by Bulgaria's state-owned gas distributor Bulgargaz and another four central and eastern European oil and gas comp

Business | December 3, 2002, Tuesday // 00:00 | Viewed: 456

First Flights of New Flag Carrier Wednesday

The sale of tickets for the newly established flag carrier Balkan Air Tour is expected to start later today, the spokeswoman of the transport ministry told novinite.com.

Business | December 3, 2002, Tuesday // 00:00 | Viewed: 353

Reynolds Interested in Bulgaria's Tobacco Stake

RJ Reynolds Tobacco Company is interested in acquiring a stake in Bulgarian company Bulgartabac in case Vienna-based Tobacco Holding wins the privatisation procedure for the tobacco monopoly. This transpired at a press conference at the Viennese headquart

Business | December 3, 2002, Tuesday // 00:00 | Viewed: 626

Privatization Body Warns UDF Attack Could Harm Telco Deal

The political discussion on the telecom deal stands in the way of the negotiations with the preferred buyer Viva Ventures, Ani Ruscheva, spokeswoman of the Privatization Agency, commented. On Monday rightist United Democratic Forces MPs approached the chi

Business | December 3, 2002, Tuesday // 00:00 | Viewed: 337

Balkan Oil Project Memo Signing Postponed

The meeting on December 3, during which Bulgaria, Russia and Greece were to sign a memorandum for cooperation for the realization of the trans-Balkan oil pipeline Burgas -Alexandroupolis, was postponed at Russia's request. The reason is death in the famil

Business | December 3, 2002, Tuesday // 00:00 | Viewed: 476

Bulgaria's Rubella Eyes Markets in U.S., Asia

Bulgarian cosmetic company Rubella plans to expand its markets in the United States and Asia, following the big success of its products on international markets. Rubella's best selling toothpaste Dental Academy Whitening and facial creams Deva proved to b

Business | December 3, 2002, Tuesday // 00:00 | Viewed: 566

Business Education Strategies Mulled in Bulgaria

Bulgaria moved to modernize economic higher education with a memorandum signed by three relevant ministers and the presidents of business universities. According to the country's Economy Minister Vassilev, the higher education institutions should update t

Business | December 2, 2002, Monday // 00:00 | Viewed: 405
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