Business
The Supreme Administrative Court overruled the decision of the Privatization Agency, with which the consortium of Tobacco Capital Partners and Clar Inns was named winning bidder for an eighty percent stake in Bulgartabac Holding. The Privatization Agency
Business | October 29, 2002, Tuesday // 00:00
| Viewed: 445
Opportunities for Bulgarian-based production of Toyota spare parts were discussed at a meeting in the Japanese company's headquarters in Tokyo. The meeting was attended by Deputy Prime Minister and Economy Minister Vassilev, who is on a four-day visit in
Business | October 29, 2002, Tuesday // 00:00
| Viewed: 740
French tyre producer Michelin presented its new winter products Michelin Alpin 2 and Kleber Krisalp HP, which are already available in Bulgaria for the coming winter season. The market in Central and Eastern Europe has made much more progress than Western
Business | October 29, 2002, Tuesday // 00:00
| Viewed: 453
One of the most influential rating agencies FITCH IBCA upgraded Bulgaria's long-tem credit rating in foreign currency from BB- to BB with positive prospects. The long-term rating in local currency rose from BB to BB+.
Business | October 29, 2002, Tuesday // 00:00
| Viewed: 389
The timing is very bad for the sale of the Bulgarian Telecommunications Company, Apostol Apostolov, head of the Privatization Agency, commented Tuesday. Apostolov said again that if the Bulgarian telecom was sold in 1999, the situation would have been muc
Business | October 29, 2002, Tuesday // 00:00
| Viewed: 384
The general meeting of the creditors of indebted Balkan Airlines will take place today. It will be decided whether the carrier would be liquidated.
Business | October 29, 2002, Tuesday // 00:00
| Viewed: 359
Some ninety companies obtained BGN 1.5 M of loans over the past two years under the JOBS program, a project run jointly by the Social Ministry and the United Nations Development Program (UNDP).
Business | October 29, 2002, Tuesday // 00:00
| Viewed: 366
Japan Credit Rating Agency may again up Bulgaria's credit rating. That emerged during the four-day visit of Deputy Prime Minister and Economy Minister Nikolay Vassilev in Japan that started Monday.
Business | October 28, 2002, Monday // 00:00
| Viewed: 491
The direct passenger and cargo flights Sofia - Johannesburg will be restored starting from November 30 by a South African carrier. The news was announced by the charge d'affaires of South Africa in Sofia.
Business | October 28, 2002, Monday // 00:00
| Viewed: 807
Bulgaria is generally considered safe destination and at least 20 percent leap in holidaymakers' figures is forecasted for next season. These estimates come from one of Germany's biggest tour operators TUI.
Business | October 28, 2002, Monday // 00:00
| Viewed: 384
If steel maker Kremikovtzi does not keep its promises on environment protection, it might be closed down. The warning comes from Environment Minister Dolores Arsenova.
Business | October 28, 2002, Monday // 00:00
| Viewed: 425
Over sixty companies have shown interest in the privatisation of Bulgaria's electricity distribution utilities after signing a contract with consultant BNP Paribas-led consortium in September. This was announced by Deputy Energy Minister Ilko Yotsov.
Business | October 28, 2002, Monday // 00:00
| Viewed: 416
Employees of Balkan Airlines protested Monday against the liquidation of the flag carrier. The protestors insist the general meeting of the Balkan Airlines creditors to be postponed.
Business | October 28, 2002, Monday // 00:00
| Viewed: 324
State-owned Encouragement Bank will receive a 10-year EUR 15 M credit line from the Council of Europe Development Bank. The credit will be utilized to finance investment projects drafted by small companies.
Business | October 28, 2002, Monday // 00:00
| Viewed: 389
Bulgaria's Deputy Prime Minister Nikolay Vassilev leaves today on a four-day visit to Japan. He will be accompanied by a business delegation, including representatives of fourteen Bulgarian companies.
Business | October 28, 2002, Monday // 00:00
| Viewed: 334
Bulgaria and Romania will sign a bilateral agreement for cooperation in energy and a Protocol for cooperation between the two countries' armed forces, during a one-day official visit of Prime Minister Adrian Nastase to Sofia October 29. The Romanian prime
Business | October 27, 2002, Sunday // 00:00
| Viewed: 373
An agreement on the Euroregion's establishment was signed in Skopje Saturday by the mayors of Sofia Stefan Sofiyanski, of Skopje Risto Penov and of Nis Goran Ciric. The signing of the agreement is a result of two-year preparations of the establishment of
Business | October 27, 2002, Sunday // 00:00
| Viewed: 580
"We will do our best to negotiate a better price for the Bulgarian Telecommunications Company," Apostol Apostolov, head of the Privatization Agency said. He also said that the Bulgarian privatization body will negotiate for less cuts of employees in the c
Business | October 26, 2002, Saturday // 00:00
| Viewed: 342
The International Telecommunications Union granted EUR 30,000 for building of a pilot project of Public Key Infrastructure in Bulgaria. The decision for financing the project has been taken on the basis of an analysis of Bulgaria's e-readiness.
Business | October 25, 2002, Friday // 00:00
| Viewed: 434
"I am not satisfied with the parameters of the Bulgarian Telecommunications Company deal," Transport Minister Plamen Petrov said. He added that options were being considered to improve the parameters.
Business | October 25, 2002, Friday // 00:00
| Viewed: 346
Bulgarians have made 2,409,756 trips abroad for the first nine months of 2002. The data of the National Statistic Institute (NSI) shows that business matters have urged Bulgarians to pack their bags more often than the wish for site-seeing and relaxation.
Business | October 25, 2002, Friday // 00:00
| Viewed: 478
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