Business

Microcredits Created Some 2,000 Jobs in Bulgaria

Some 2,000 jobs were created thanks to extended microcredits, Deputy Prime Minister and Labour and Social Policies Minister Shuleva said at a meeting of the Confederative Council of the biggest Bulgarian trade Confederation of Independent Trade Unions in

Business | November 4, 2002, Monday // 00:00 | Viewed: 380

Libya Employs Bulgarian Medics Under New Accord

Bulgarian and Libyan medical associations signed an accord that constitutes further employment of Bulgarian medics in the African country. It also secures the basis of medical education cooperation providing an opportunity for Libyans to study in Bulgaria

Business | November 4, 2002, Monday // 00:00 | Viewed: 321

Romania, Bulgaria Join Efforts in Job Creation

A working meeting between the chairs of the Employment Agencies of Bulgaria and Romania will take place in the town of Veliko Turnovo. Projects for cooperation in reducing the unemployment rate in the two countries will be discussed.

Business | November 4, 2002, Monday // 00:00 | Viewed: 387

Cabinet Gave Green Light to Development of Rhodopes Region

One hundred million levs will be invested in the Bulgarian Rhodopes region and six thousand jobs will be opened under a new governmental program for alternative agriculture and infrastructure development. The ministers had a unique meeting in Kurdzhali wh

Business | November 4, 2002, Monday // 00:00 | Viewed: 343

Balkan Air Tour Kicks Off with 600 Employees

Some six hundred people will be appointed in the newly established Bulgarian carrier Balkan Air Tour if it starts operation with three planes. Deputy Transport Minister Lyubomil Ivanov said that for local Darik radio.

Business | November 4, 2002, Monday // 00:00 | Viewed: 452

Preferred Buyer Audits Bulgaria's Telco

Viva Ventures Holding, the preferred buyer for the Bulgarian Telecommunications Company, have been auditing the company since Friday. The Vienna holding is a wholly-owned unit by British-based equity house Advent International especially for the purposes

Business | November 3, 2002, Sunday // 00:00 | Viewed: 368

Economy Minister: Faster Bulgartabac Sale Will Benefit Tobacco Growers

"It will be better for Bulgartabac and the tobacco growers, the privatization of the holding to take place as soon as possible. The new owner, no matter who he is, will have better financial resources to buy out the crop," Deputy Prime Minister and Econom

Business | November 3, 2002, Sunday // 00:00 | Viewed: 493

Bulgarian Companies Will Soon Be Invited to Balkan Oil Project

The Regional Development Ministry will soon renew the bidding for Bulgarian construction companies who wish to participate in the construction of the Burgas-Alexandroupolis oil pipeline. Hasan Hasan, deputy regional development minister, who was on the de

Business | November 3, 2002, Sunday // 00:00 | Viewed: 404

Flights of Bulgaria's New Flag Carrier Start till End-November

Till the end of the month the new Bulgarian flag carrier, Balkan Air Tour, will start flights. Deputy Transport Minister Zlatolina Mukova said that for NET Radio.

Business | November 2, 2002, Saturday // 00:00 | Viewed: 395

New Agricultural Strategies Discussed in Sofia

Bulgaria's agricultural policy should follow the agricultural concept of the European Peoples Party. Nadezhda Mihaylova, leader of rightist opposition party Union of Democratic Forces (UDF) said that during the discussion "Future Agricultural Policies" in

Business | November 2, 2002, Saturday // 00:00 | Viewed: 338

Transport Ministry: Balkan Airlines' Recovery Plan Not Good

The Transport Ministry did not support the recovery plan for Balkan Airlines because it "suffered evident defects". Deputy Transport Minister Lyubomol Ivanov said that for Darik radio.

Business | November 2, 2002, Saturday // 00:00 | Viewed: 335

President Invites German Investors in Bulgaria's Energy Sector

President Georgi Parvanov invited German businessmen to invest in the Bulgarian energy sector at a meeting with representatives of the Business Club of German Economy. This is the most competitive industry which Bulgaria has the ambition to develop, Parva

Business | November 2, 2002, Saturday // 00:00 | Viewed: 287

UDF Want New Procedure for Bulgartabac

The rightist opposition United Democratic Forces (UDF) demanded that a new procedure for Bulgaria's tobacco monopoly Bulgartabac Holding is opened. According to UDF the state has made a grave violation in not securing a transparent and economically effici

Business | November 1, 2002, Friday // 00:00 | Viewed: 352

Moves in Bulgaria's Tobacco Monopoly Sale Defended

No changes happened in the period from July 22, 2002 to August 23, 2002 to make the Privatisation Agency ask for one-off improvement of the bids for Bulgaria's tobacco monopoly Bulgartabac, Apostol Apostolov, head of the Privatisation Agency, said at a pr

Business | November 1, 2002, Friday // 00:00 | Viewed: 569

First Business Ethics Standard Presented in Sofia

The Bulgarian Business Leaders Forum presented the first Business Ethics Standard, which was handed at an official ceremony Thursday evening to the forum's members. CEOs of seventy-seven companies committed themselves to abide by ten main principles and

Business | November 1, 2002, Friday // 00:00 | Viewed: 421

Index Shows Bulgaria's Judiciary Lacks Confidence

Bulgaria's judiciary is still weak, misdirected, underfunded and lacks self-confidence, according to the conclusions of a Judicial Reform Index (JRI) for Bulgaria. JRI is a tool developed by the Central and East European Law Initiative of the American Bar

Business | November 1, 2002, Friday // 00:00 | Viewed: 405

Japan Considers Free Offices for Bulgarian Companies

The possibility for Bulgarian companies to use free offices in the JETRO building in Tokyo was discussed by Bulgarian Deputy Prime Minister and Economy Minister Vassilev and Hiroshi Tsukamoto, President of the Japan External Trade Organization (JETRO). JE

Business | November 1, 2002, Friday // 00:00 | Viewed: 371

VAT Exemption Mulled for Bulgaria's Railways Company

An option for granting VAT exemption to the State Railways Company is being considered by the ministries of transport and finance. This would allow the company to utilize the full amount of the government subsidy.

Business | November 1, 2002, Friday // 00:00 | Viewed: 387

Bulgaria Started Telco Negotiations

Negotiations with the preffered buyer for a 65 percent stake in Bulgaria's telecom monopoly BTC, kicked off Thursday. The delegation of the selected by the Privatization Agency buyer consists of representatives of Advent International Fund as well as of r

Business | October 31, 2002, Thursday // 00:00 | Viewed: 433

Fate of Bulgaria's Tobacco Monopoly Clearer In Days

The Cabinet will decide whether to open a new privatisation procedure for Bulgartabac next week, Prime Minister Simeon Saxe-Coburg said before leaving for Greece. He did not exclude the possibility for the Supreme Court decision to have a negative influen

Business | October 31, 2002, Thursday // 00:00 | Viewed: 350

Nine Million Levs More for Social Expenditures in Budget 2003

Nearly BGN 900 M more will be allotted to social expenditures next year and for reduction of unemployment, which is the main priority of Budget 2003. Finance Minister Velchev handed to Parliament Speaker Ognyan Gerdzhikov the draft budget Thursday afterno

Business | October 31, 2002, Thursday // 00:00 | Viewed: 370
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