Agriculture Minister Dikme will present his assessment of the offers for Bulgartabac within ten days, it transpired before the regular meeting of the Cabinet. Minister Dikme declined to comment the offers before reading them through, but he is positive ab
Transport Minister Plamen Petrov and Belgium`s ambassador Edmond de Wilde open officially today the construction of a shelter for winter anchorage of vessels at Russe, on the Danube. The construction of the shelter will not be completed before 2005 but th
A market study by the agricultural information system SAPI covering the period of 1998-2001 shows that a total of 89,805 ha of land changed hands in 51,084 separate transactions. Most of the owners offer for sale fragmented plots, which are not suitable f
The project for construction of Struma highway failed to attract donors due to the low traffic estimates, head of the Road Executive Agency Pavel Dikovski said, quoted by Dnevnik Daily. Struma highway (Sofia-Kulata) is part of the transport corridor 4 and
Investors are willing to run the loss-making Burgas port under a concession contract, Transport Minister Plamen Petrov said. The cargo traffic handled by the port is small.
The foreign investments planned for this year of some one billion dollars can be realized by the end of December, Finance Minister Milen Velchev said in an interview for the Bulgarian News Agency. He recalled that only investments from the privatization o
The Transport Ministry will move a proposal for closing the most loss-incurring destinations for passenger transport of the State Railways Company, Transport Minister Plamen Petrov announced. The decision for closing these activities is needed for fixing
British businessmen will visit Bulgaria in October to study the opportunities for investing in Bulgaria, Great Britain’s Ambassador to Bulgaria H.E.
Transport Minister Plamen Petrov said he expected a qualified company to be attracted as investor in flag carrier Balkan Airlines by October this year. He explained that for one year his ministry has managed to deal with the different interests involved i
Chimko fertilizer plant will produce 6,000 tonnes of carbamide for Italy. The plant has been contracted by the Italian company Indagro.
CEOs of the Israeli investment holding Dankner Group met with Regional Development Minister Georgi Georgiev to discuss their plans to build student dormitories in Sofia, Varna, Blagoevgrad and Plovdiv as well as in other university towns. The company is r
“It is not serious to talk about closure of the Russian market for Bulgarian-made cigarettes, “ Deputy Prime Minister and Economy Minister said during a visit to Vidin. He was asked to comment publications in the Russian press that Russia will close its m
Representatives of consortium Metatabak, placed second among the four bidders for Bulgartabac, said they may appeal the procedure for the sale of the tobacco giant Bulgartabac Holding. In their words more than 20 violations of the procedure have been foun
According to the Union of Democratic Forces the price of Bulgartabac Holding is USD 370 M, which is also the assessment of the holding’s international audit in 2000, it transpired after a meeting of UDF National Executive Council. Ergin Emin, member of th
A day after the final bids for 80 percent stake in Bulgaria's tobacco giant Bulgartabac were unsealed, Tobacco Holding, placed third among the four bidders, asked the Privatisation Agency for a procedure for increasing the offered price. The Executive Dir
A total of EUR 1, 8 M will be released for Bulgarian projects under PHARE programme ACCESS 2000 in the period July 2002 – November 2003. The program aims to strengthen the Civil Society and prepare for accession the candidate countries in Central and East
A 70% stake in Vidin-based chemical plant Vidachim will be transferred to Russe-based company Pristisgroup-Vodno Stopanstvo AD today, after the Supersory Board of the Privatization Agency approved the deal July 18. The company paid one lev for the bankrup
Five offers for the supervision of works involved in stabilizing the banks of the Danube in Zone V at the village of Brushlen were submitted to the Ministry of Regional Development and Public Works before July 22 deadline. The cost of the project for rein
A new state regulatory body will approve water price hikes only after domestic water utilities certify their operating and investment costs, as well as the parameters of their financial state. This is envisaged by a new strategy for rehabilitation of the
Bulgaria’s largest petrol distributor Petrol AD is seeking a buyer for Varna port, Mitko Subev, chairman of Petrol AD said. He explained that managing a sea port was not within the core competence of the company.
The Executive Board of the International Monetary Fund approved the disbursement of the second USD 35 M tranche under the nine-tranche loan signed late last year. The IMF Board made a positive assessment of Bulgaria' macroeconomic stabilization.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
