Koc Holding respects the decision of the Privatization Agency (PA) in the Bulgarian telecom deal. Bulent Yelderem, CEO of Ramstore for Bulgaria and representative of Koc Holding said that commenting on the selection of competitor Viva Ventures as preferre
"I am pleased with every decision of the Privatization Agency," Transport Minister Petrov said regarding the privatisation of the Bulgarian Telecommunications Company. Viva Ventures Holding GmbH was selected preferred buyer for a 65 percent stake in the B
Prosecutors will not be authorized to launch proceedings into dubious privatization deals. This emerged after the Parliament rejected Wednesday amendments to the Code of Civil Procedure.
Deputy Prime Minister Economy Minister Vassilev said the threshold for VAT registration will be lowered next year to BGN 50,000 of annual turnover. He stated that while meeting light industry representatives.
The bonds of AutoBohemia, the company that sells Skoda cars under lease contracts, go to bourse. They will be listed for secondary trading on the Bulgarian Stock Exchange by end-November.
The expansion of Sofia Airport will open 2,000 jobs. The first stage that has already started consists of fortification of the bed of river Iskur.
The Austrian consortium Vab-Vatech with trade partner the Japanese corporation Nichimen will provide equipment for the expansion of port Burgas. The general director of the consortium and the two executive directors of port Burgas will sign the contract.
Viva Ventures Holding GmbH was selected preferred buyer for a 65 percent stake in the Bulgarian Telecommunications Company. That was announced Wednesday by the head of the Privatization Agency Apostol Apostolov.
USAID and the Catholic Relief Services foundation and the USTOI program will launch a micro-financing program in Sofia on Friday. Through USTOI, which means "foundation" in Bulgarian, Catholic Relief Services is supporting small-business development by of
A centre for trade in Bulgarian goods will open in Skopje in a month. It is to acquaint Macedonian consumers and traders on site with the products that Bulgarian companies can supply and to help contacts between business people of the two countries.
The privatization agency will announce its decision regarding how it will proceed with the sale of the Bulgarian Telecommunications Company today. Guidelines were not given to the agency by the Council of Ministers, the agency said last week in a press re
Finance Minister Milen Velchev expects approval by the Council of Ministers of 2003 budget bill next Wednesday. Velchev said this after a two hours and a half extraordinary cabinet meeting on the draft budget.
British Airways will offer a 30-35 percent discount on Sofia-London flights starting October 26. The number of the flights will go up from five to seven.
The budget of Tobacco Fund could double to BGN 131 M in 2003. Agriculture Minister Mehmed Dikme told that tobacco producers.
The software company Oracle wishes to become strategic partner of the Bulgarian government in the e-government project. The regional director of the company explained that Oracle had already contracts with the European Union, the Serbian, Spanish and Brit
The project for modenization and expansion of Sofia Airport begins with fortification of the bed of the river Iskur. Under the project, a new 3.
It is out of the question for Sofia Airport to participate in the establishment of a new Bulgarian airline, Sofia Airport management announced, adding control over Sofia Airlines' finances is strict. The statement was prompted by reports on Sofia Airport
Turkey's aeroconcrete maker AKG is planning to invest some USD 15 M in a joint venture in Bulgaria, the Bulgarian News Agency said. The investor may build a factory in Varna, Burgas, or Plovdiv in 2005-2006.
Prices of real estate properties in the capital Sofia increased by 5% in the third quarter, the National Statistical Institute announced. They reached BGN 712 per sq m and remained the highest real estate property prices in the country.
Bulgaria's banking sector has experienced a lending boom avoiding the rise of bad loans so far in 2002. Data of the central bank shows that the percentage of performing loans remains 93.
The Confederation of the Independent Trade Unions in Bulgaria stages protests in twenty-eight districts' main cities. The rallies are set against the economic and social policies of the government.
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