Balkan Air Tour Became Flag Carrier to Austria and Russia
Airlines Balkan Air Tour became flag carrier to Austria and Russia. The government approved that at its regular weekly meeting Thursday.
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Microsoft IT Academy Launched in Bulgaria
Microsoft Bulgaria announced the launch of the Microsoft IT Academy program. The program targets students who aim at taking certification exams, ranging from exams for Microsoft Office Specialist to Microsoft Certified Professional.
Bidders for Bulgaria's Tobacco Monopoly Asked to Confirm Offers
The Privatisation Agency sent letters to the four bidders for 80% stake in Bulgaria's tobacco giant Bulgartabac, asking for confirmation of the validity of the bids that were submitted in July. The validity of the offers for the privatisation procedure ex
Court Proceeds with Appeal Against Bulgaria's Tobacco Deal Ruling
Court proceedings got underway November 14 after appeals were filed against the Supreme Administrative Court ruling on the outcome of the privatisation procedure for an 80% stake in Bulgaria's tobacco monopoly. The Privatisation Agency, the failed bidders
Government Undecided over Change in Agreement with IMF
"It is still not clear whether the future agreement with the International Monetary Fund will be altered to a precautionary one," Finance Minister Velchev said before the regular governmental meeting. Following a meeting with Prime Minister Saxe-Coburg We
Bulgartabac Bidders Will Be Asked to Confirm Offers
The four bidders for Bulgaria's tobacco giant Bulgartabac will receive letters from the Privatisation Agency, asking for confirmation of the bids that were submitted in July. All four bidders for Bulgaria's tobacco monopoly Bulgartabac - consortium Rosbul
EBRD Eyes Stakes in Bulgaria's Telco
The European Bank for Reconstruction and Development is ready to invest in the landline monopoly Bulgarian Telecommunications Company and DSK, the last state-owned domestic credit institution. This was announced by Jean Lemierre, EBRD President who was on
Tourists in Bulgaria Insured against Tour Operator's Bankruptcy
Tour operators will take out compulsory insurance starting to cover next liabilities towards clients according to new Bulgarian legislation. Next year, insurance polic\ies will cover risks related to non-provision of services, to bankruptcy and to the tra
Deputy PM Promotes Bulgaria's Investment Climate in Germany
Deputy Prime Minister and Economy Minister Vassilev will be on an official visit to Germany till November 21. Bulgaria's Deputy Prime Minister and Economy Minister Nikolay Vassilev leaves for a seven day visit to Germany today.
IMF Wants Bulgaria's Performance Review Complete Next Week
We are here to conclude the review of Bulgaria's performance under the agreement. We hope this will be done next week, Jerald Schiff who leads the IMF mission in Bulgaria, said after meeting with Prime Minister Simeon Saxe-Coburg.
WB Releases USD 750 M for Bulgaria's Reforms by 2004
A total of USD 750 M will be released by the World Bank for reforms implementation in Bulgaria till 2004. This transpired at the presentation of the World Bank 2002-2004 strategy for assisting Bulgaria in the town of Plovdiv.
BTC Starts Talks with Siemens and Ericsson for Network Digitalization
The Bulgarian Telecommunications Company starts negotiations with Siemens and Ericsson to supply and install equipment at the territory of the country regarding the digitalisation and expansion of the network. The company says that the deals will be paid
IBRD Credit for Poverty Fight in Bulgaria OKed
A loan agreement for the restructuring of USD 150 M of PAL 1 will be concluded between Bulgaria and the International Bank for Reconstruction and Development, the Bulgarian National Radio reported. The Parliament approved the agreement November 13.
TNT Bulgaria is World Leader in Operational Indices
TNT Bulgaria landed an international award for its performance in the operational indices competition, in which TNT offices from more than 200 countries all over the world took part. The award was handed by Barry Sheldon, IBU Director of Operations, TNT N
Flights of New Flag Carrier Balkan Air Tour Start by End-2002
The flights of the new flag carrier Balkan Air Tour will start by the end of the year, Transport Minister Plamen Petrov said. Some BGN 30 M will be allotted from the fiscal reserve, which is now BGN 4 B, for the operation of the new carrier.
Cisco Systems -Bulgaria's E-government Advisor
Cisco Systems, the worldwide leader in networking for the Internet, will assist the Bulgarian government for making a headway in the development of e-business, company representatives announced at a press conference. They expressed confidence that the com
EBRD Extends Credit Line to United Bulgarian Bank
EBRD extended to the United Bulgarian Bank a EUR 10 M credit line. Jean Lemierre, president of the European Bank for Reconstruction and Development, who is on a two-day visit to Bulgaria and United Bulgarian Bank, signed a loan agreement, the amount of wh
FM Hints Illegal Export Scandal Could Hurt NATO Chances
"Bulgaria's invitation to NATO is not secured. Bulgaria might still face a number of obstacles before the summit in Prague," Foreign Minister Passy said Tuesday.
Appeal against Ruling on Bulgaria's Tobacco Monopoly Filed
The Privatisation Agency filed an appeal against the ruling of the Supreme Administrative Court, which stripped the preferred buyer for Bulgaria's tobacco monopoly, the consortium Tobacco Capital Partners and Clar Inns, of its status. In its official stat
Preferred Buyer Won't Agree to Higher Telco Price
Viva Ventures Holding, the preferred buyer for the Bulgarian Telecommunications Company, will not up the price that it offered, Joanna James, Advent International executive director, said. According to Advent, the 200 million cash bid reflected the state
Balkan Air Tour Became Flag Carrier
Transport Minister Plamen Petrov ordered the newly established carrier Balkan Air Tour to become flag carrier able to operate as such to destinations in France, Germany, Great Britain, Germany, Northern Ireland and the United Arab Emirates. Finance Minis
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