The state loses annually over billion and one million levs from uncollected taxes and insurances, Deputy Finance Minister Gati al-Jebouri said. By the end of June this year, the uncollected taxes are over BGN 900 M.
Customs revenues for the first ten months of this year totalled BGN 2.193 B.
Sofia-based steel maker Kremikovtzi has sent a letter, in which it asks to start paying off its debts from January 1st and to extend by six months the payment of its debts on a couple of projects. The national fund for environment protection will have to
The necessary preparations for the shutting down of nuke units 1 and 2 start in December. That was announced by Energy Minister Milko Kovachev.
The flights of Balkan Airlines will be conducted by Hemus Air till Tuesday. The decision was taken after Sofia City Court ruled the insolvency of Balkan Airlines on Friday and the company stopped operation.
Sofia City Court declared Balkan Airlines insolvent and took a decision to put an end to the company's activities on Friday. Balkan Airlines stopped operation starting from Saturday.
An extraordinary shareholders meeting of Bulgaria's fourth largest bank Commercial Bank Biochim approved the merger of the credit institution with HVB Bank Bulgaria under the commercial name of Biochim. The shareholders also approved a BGN 8,085 M capital
The five-member panel of the Supreme Administrative Court will rule on the lawsuit filed against the choice of buyer for an 80% stake in state-owned company Bulgartabac Holding within a month. During its November 29 session the panel heard some of the mot
Bulgaria's new flag carrier Balkan Air Tour will take off for its first flight in days, Commercial Manager of the company Dimcho Topalov says in an interview for the Bulgarian News Agency. The most probable date is December 4, the plane will take off from
Acting Regional Development Minister Hassan Hassan has been authorised by the Cabinet to sign the memorandum for cooperation on trans-Balkan oil pipeline Burgas -Alexandroupolis between Bulgaria, Greece and Russia December 3 in Athens. According to the mi
An agreement on the liberalization of fish and fish products trade between Bulgaria and the European Union was signed November 28 in Brussels. The agreement is under the form of a supplementary protocol to the European Accession Agreement.
Economy Ministry contracted British company TRANSAS to build a Vessel Traffic Management and Information System (VTMIS) in Bulgaria. TRANSAS won the tender invited for the project that is co-funded by Bulgaria and the PHARE program of the EU.
Cabinet announced an agreement with Germany that provides for up to three months of employment for Bulgarians as restaurants and hotels personnel and up to three year's permits for housekeepers of disabled persons. The Employment Agency will act as interm
Italy intends to become Bulgaria's top investor. Marco Montecchi who runs the freshly opened office of Azzurri nel Mondo Association in Sofia, said that commenting on the warming up interest of Italian business people.
Industrial CEOs were optimistic on output and demand both at home and abroad, a survey of November's business climate conducted by the National Statistic Institute (NSI) shows. The composite business confidence index measured monthly on the basis of manuf
The Supreme Administrative Court is scheduled to proceed today with the lawsuit filed against the choice of buyer for an 80% stake in state-owned company Bulgartabac Holding. The Privatisation Agency, the failed bidders for Bulgartabac deal - Tobacco Hold
Bulgaria moves to establish a Vessel Traffic Management and Information System (VTMIS). The Economy Ministry hosts an official ceremony on Friday, which marks the signing of the contract for implementation of the project.
The government fails to collect social insurances efficiently, Piritta Sorsa, resident representative of the International Monetary Fund (IMF), said in an interview for Bulgarian News Agency. The share of these payments in the GDP has been shrinking since
Bulgaria should establish tax police, Nikolay Popov, head of the Central Tax Directorate said. "There is no country with well developed economy that does not maintain such task force," the tax inspector said.
The Korea Trade-Investment Promotion Agency (KOTRA) re-opened its office in Sofia after seven years of absence. The agency first came to Sofia in 1989 and left later over fading business opportunities in the former communist country.
A suggestion for a golden share of the state in the Bulgarian tie-in for Burgas- Alexandroupolis pipeline was presented by Acting Regional Development Minister Hassan Hassan at his meeting with representatives of the companies to be involved in the pipeli
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