Business

SEVEN BIDDERS WITH OFFERS TO BUILD BULGARIAN-GREEK BORDER TUNNEL

Three consortia and four companies placed offers to build a motorway tunnel under the Bulgarian-Greek border that is to link the towns of Gotse Delchev and Drama, Dnevnik Daily reported quoting sources from the Regional Development Ministry. Greec and the

Business | June 18, 2002, Tuesday // 00:00 | Viewed: 462

THOROUGH INSPECTION OF SOFIA FILLING STATIONS BEGINS

The Sofia City Council banned on Monday at the initiative of Mayor Sofianski the construction of mobile petrol and gas filling stations and car washes until September 30, 2002 to check compliance with land ownership regulations and building permits. The c

Business | June 18, 2002, Tuesday // 00:00 | Viewed: 441

TWELVE OFFERS SUBMITTED FOR CONSULTANT IN DSK BANK PRIVATIZATION

Twelve out of the nineteen invited investment companies and banks submitted offers for consultant in the privatization of State Savings Bank DSK before the deadline on June 17 expired. Among them are ABM AMPO, Commerzbank, JP Morgan, BNP Parisbas, Raiffe

Business | June 18, 2002, Tuesday // 00:00 | Viewed: 422

BULGARTABAC BIDDERS WITH DEPOSIT FOR 2ND STAGE KNOWN IN DAYS

The Privatization Agency is to announce whether the five bidders for Bulgartabac have submitted the deposit of BGN 5 M for the second stage of the competition on June 21. The term for submitting the deposit was extended from June 10 till June 14.

Business | June 18, 2002, Tuesday // 00:00 | Viewed: 409

SOFIA INVESTS EUR 21 M IN TRANSPORT FACILITIES

More than EUR 7,5 M will be invested for the supply of 45 new single busses in a public procurement to be assigned by Sofia municipality council. The money will be earmarked from EUR 35 M of loan from the European Bank for Reconstruction and Development a

Business | June 17, 2002, Monday // 00:00 | Viewed: 397

BANK OF THE YEAR TO BE ANNOUNCED BY PARI DAILY JUNE 26

Bank of the year is to be announced for the fourth time by Pari Daily at a ceremony at Hilton Sofia June 26. The winner – Bank of the year 2001 – will be awarded a prestigious certificate and a work of plastic art.

Business | June 17, 2002, Monday // 00:00 | Viewed: 440

DUTCH-FINANCED PROJECTS TO BE DISCUSSED WITH FINANCE MINISTER ZALM

Dutch-financed projects are to be discussed by Dutch Finance Minister Gerrit Zalm, who is on an official visit to Bulgaria at the invitation of his Bulgarian counterpart Minister Velchev. Cooperation between the two departments and a joint project for upg

Business | June 17, 2002, Monday // 00:00 | Viewed: 399

SEVEN BIDDERS FOR DANUBE BRIDGE 2 CONSULTANT SHORTLISTED

Seven consortia were shortlisted by the European Commission to bid for the consulting contract for Danube Bridge 2, spanning the river at Vidin and Calafat. The candidates will tour the construction site on July 5 and are expected to submit their offers b

Business | June 17, 2002, Monday // 00:00 | Viewed: 401

BULGARIAN CONSORTIUM BIDS TO BUILD MOTORWAY IN CROATIA

State-owned Stroitelstvo I Vazstanovyavane, in consortium with two other Bulgarian companies, is among the bidders for the construction of Rijeka motorway in Croatia, the company’s Executive Director Kolyo Todorov said, quoted by Dnevnik Daily. The consor

Business | June 17, 2002, Monday // 00:00 | Viewed: 594

INDONESIAN SIGASCO INSPECTED VARNA SHIPYARD FACILITIES

Representatives of Indonesian gas company Sigasco inspected facilities at Varna shipyard end-week. During the talks of the company’s representatives and Transport Minister Plamen Petrov, scheduled for next week, the re-sale of the shipyard to the Indonesi

Business | June 17, 2002, Monday // 00:00 | Viewed: 647

TELECOM ASSESSED AT NO MORE THAN USD 350 M BY INVESTORS, EXPERT SAYS

The investors assess the Bulgarian Telecommunications Company at no more than USD 350 M, Grozdan Karadzhov, member of the Board of Directors of the Center for Economic Development told Info Radio. According to him, the price in the previous privatization

Business | June 16, 2002, Sunday // 00:00 | Viewed: 431

NO CORRECTIONS PLANNED IN THE ECONOMIC POLICY OF THE CABINET

The political council of the ruling Simeon II National Movement approved the economic program of the government presented on Friday by Deputy Prime Minister and Economy Minister Nikolay Vassilev. In the presence of Prime Minister Saxe-Coburg, Vassilev pre

Business | June 16, 2002, Sunday // 00:00 | Viewed: 347

VOLUNTARY PENSION FUNDS REPORT OVER 100 MILLION EUROS IN ASSETS IN Q1

The assets of the voluntary pension funds have reached EUR 104,5 M (BGN 204.4 M) in Q1, going up by 9.

Business | June 16, 2002, Sunday // 00:00 | Viewed: 422

ROMANIAN ELECTRICITY ILLEGALLY TRANSMITTED TO GREECE VIA BULGARIA

Energy Minister Milko Kovachev announced that Romanian electricity for Greece was illegally transmitted through the Bulgarian network. The Romanian-Greek agreement stipulates that electricity is transited through Yugoslavia and Macedonia, but since the tr

Business | June 16, 2002, Sunday // 00:00 | Viewed: 438

OVER USD 300 M EXPECTED AS REVENUES FROM PRIVATIZATION BY END-2002

“I hope revenues from privatization to reach over USD 300 M by the end of this year,” the Executive Director of the Privatization Agency Apostol Apostolov said. He added that some USD 100 M have been received by the agency by the beginning of June from pr

Business | June 16, 2002, Sunday // 00:00 | Viewed: 407

BULGARIAN LEV/EURO CLOSES FLAT, LEV/DOLLAR FIRMER

Bulgaria's lev closed at 1.9474/1.

Business | June 15, 2002, Saturday // 00:00 | Viewed: 842

MINISTER NOTES ADVANTAGES IN STATE CONTRACT WITH MICROSOFT

The contract between the Bulgarian government and Microsoft signed February 13, 2002 that enables the state administration to use the Bulgarian version of MS Windows and MS office XP is one of the most advantageous contracts sealed in the country, State A

Business | June 15, 2002, Saturday // 00:00 | Viewed: 355

NEW ENERGY LAW TO SET FREE MARKET CONDITIONS IN THE SECTOR

New law on energy and energy resources is being prepared, which contains market conception for the sector’s development, Bulgaria’s Energy Minister Milko Kovachev announced at a forum in the seacoast city Varna. Power distribution companies are to be put

Business | June 15, 2002, Saturday // 00:00 | Viewed: 382

FRENCH NUCLEAR EXPERT: CLOSURE OF KOZLODUY N-PLANT WOULD BE A SHAME

“We filed a claim against the stand of the European Commission on the Kozloduy N-plant issue since it is a shame to close a well working nuclear power plant,” Professor Andr? Ma?sseu, chairman of the World Council of Nuclear Workers “ WONUC ” explained. W

Business | June 15, 2002, Saturday // 00:00 | Viewed: 373

PLOVDIV INTERNATIONAL FAIR GOES PUBLIC

Deputy Prime Minister and Economy Minister Nikolay Vassilev, in his capacity as office holder authorized to exercise the rights of the state as owner of International Fair Co. of Plovdiv, announced that he had decided to transform the corporation into a p

Business | June 15, 2002, Saturday // 00:00 | Viewed: 413

BULGARIA AND VENEZUELA AGREE TO BOOST TRADE CONTACTS

Bulgarian companies showed interest in participation in the extension and upgrading of the Venezuelan railway network, it emerged after the final sitting of the First Session of the Bulgarian-Venezuelan Intergovernmental Commission for Economic, Industria

Business | June 15, 2002, Saturday // 00:00 | Viewed: 460
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