Business
Concrete projects for investments in the machine-building industry, agriculture and metallurgy sectors were presented in Delhi by Alexander Tomov, leader of the Bulgaria's Euroleft Party. Tomov left for India several days ago for a Forum of businessmen an
Business | November 21, 2002, Thursday // 00:00
| Viewed: 326
Bulgaria's Parliament resumed discussions on draft budget 2003 today. The plenary session was postponed Wednesday for lack of quorum after leftist Coalition for Bulgaria and rightist United Democratic Forces left the plenary hall.
Business | November 21, 2002, Thursday // 00:00
| Viewed: 334
The Board of Directors of the European Bank for Reconstruction and Development approved EUR 90 M loan for Bulgaria's second GSM operator GloBul. The funding is provided in the form of debt of EUR 80 M and equity of EUR 10 M.
Business | November 21, 2002, Thursday // 00:00
| Viewed: 397
Munich-based HVB will advise the candidate buyers in DSK Bank but will not bid for equity in DSK Bank, Deputy Prime Minister and Economy Minister Nikolay Vassilev, who is on a visit to Germany, said after a meeting with HVB CEOs. The bank would purchase E
Business | November 21, 2002, Thursday // 00:00
| Viewed: 637
The mission of the International Monetary Fund, which was in Sofia for the second review of the program under the stand-by arrangement with Bulgaria, did not approve draft budget 2003. The Fund leaves Sofia for the first time in four years without reachin
Business | November 21, 2002, Thursday // 00:00
| Viewed: 428
Viva Ventures Holding, the preferred buyer for the Bulgarian Telecommunications Company (BTC) agreed to a process of "open communication" with the trade unions after the first meeting with the syndicates' leaders. The trade unions secured the consent of t
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 371
The Prosecutor's Office and the National Service for Combating Organized Crime have been approached for 85 privatisation deals on suspicions of money draining. This was announced by the Post-Privatisation Control Agency November 20.
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 371
Hyundai Motors Group launched a feasibility study in Bulgaria to decide whether it would opt for green field investment or a joint venture. The Korean giant has already chosen to invest in production of auto parts in Bulgaria through daughter company Hyun
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 447
Bulgarian companies will be contracted by Daimler-Chrysler to manufacture spare parts for the company. This transpired after the meeting of Deputy Prime Minister and Economy Minister Vassilev with Daimler-Chrysler management.
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 541
The Privatisation Agency has prepared a scheme for the privatisation of Bulgaria's new flag carrier Balkan Air Tour and it is set to end in June 2003. This transpired at a press conference of Transport Minister Plamen Petrov November 20.
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 353
Parliament rejected the proposal of leftist Coalition for Bulgaria to halt the privatisation deal of Bulgarian Telecommunications Company (BTC) according to local Darik radio. The majority also declined the proposal of the left-wingers to take over the pr
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 380
The management of the Frankfurt Airport has prepared an investment project for Bulgarian Krumovo Airport. Economy Minister Nikolay Vassilev who is on a visit to Germany broke the news after a meeting with the prime minister of German state Hessen, Roland
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 369
The Privatization Agency organizes today a meeting with the trade unions and Viva Ventures Holding, the preferred buyer for the Bulgarian Telecommunications Company. They will discus the social aspects of the BTC deal.
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 381
The International Monetary Fund is finishing its second performance review for this year under the SDR 240 million two-year standby agreement with Bulgaria. Draft budget 2003 and the tax amendments were discussed during the visit of the IMF mission.
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 414
Deputy Prime Minister and Economy Minister Nikolay Vassilev, on a visit in Germany, met with representatives of Commerzbank and Germany's cooperative bank. During the meetings he invited both Western banks to participate in the privatisation of DSK Bank.
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 347
All four bidders for 80% stake in Bulgaria's tobacco giant Bulgartabac extended the validity of the offers by sixty days November 19. Several days earlier the Privatisation Agency sent letters to the four bidders, asking for confirmation of the validity o
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 349
The three-member Board of Directors of Bulgaria's new flag carrier Balkan Air Tour was elected for a period of three years November 19. These are Lyubka Manova, Hristo Todorov, Tsvetan Manchev.
Business | November 20, 2002, Wednesday // 00:00
| Viewed: 443
Rosbulgartabac, one of the four bidders for Bulgaria's tobacco monopoly Bulgartabac, announced the consortium will confirm its offer. We did not update the offer, since the Privatisation Agency asked for extending the validity of the bid, Tihomir Trendafi
Business | November 19, 2002, Tuesday // 00:00
| Viewed: 334
Sony Ericsson T200 will be launched on the Bulgarian market in a week, Sony Ericsson Bulgaria announced. The mobile phone has already been presented in several countries, including Singapore in the framework of the annual CoomunicAsia 2002 exhibition.
Business | November 19, 2002, Tuesday // 00:00
| Viewed: 513
New terms of the loan agreement with the European Investment Bank for the project of "Reconstruction, development and expansion of Sofia Airport" will be signed Wednesday at the Finance Ministry. The contracting sides will be represented by Finance Minist
Business | November 19, 2002, Tuesday // 00:00
| Viewed: 399
The validity of the offers for the privatisation of 80 percent stake in Bulgaria's tobacco giant Bulgartabac expires on November 19, 2002. The Privatisation Agency sent letters to the four bidders for confirmation of the validity of the bids that were sub
Business | November 19, 2002, Tuesday // 00:00
| Viewed: 358
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