Info system to track the illegal import of meat and meat preparations across the border is being contemplated by the Interior Ministry, the Finance Ministry and the National Veterinary Service. A month ago, the three departments signed a memorandum of coo
Every year Bulgaria receives between USD 450,000 and 500,000 in technical aid from the International Atomic Energy Agency (IAEA), Roubin Dobrev, Director of the International Cooperation and European Integration Directorate with the Committee for the Use
Extraordinary revenues to the budget may solve the problem of the municipalities' outstanding expenditures till the end of the year, Finance Minister Velchev said days before his meeting with the Governing Board of the National Association of Municipaliti
The owners of Pleven-based Nova Plama refinery withdrew the claim against state-owned Biochim bank. The refinery’s management insisted that the bank pay about USD 35 M for the release of credits that have led to the bankruptcy of the refinery.
“If Bulgaria is to succeed in EU’s competitive environment, we must invest more than the others in education and high technologies, stimulate private entrepreneurs and made the young people stay in the country, Deputy Prime Minister and Economy Minister V
The Privatization Agency is expected to complete 349 privatization deals in 2002, involving sell-offs of 238 majority stakes, 21 minority stakes and 90 separate parts of large state-owned companies. The sell-offs completed in early 2002 has so far generat
Bulgartabac Holding posted a 7,2 % rise in revenues for May over the same period last year or nearly BGN 3 M. The units of the Holding with the best performance was cigarette factory Bulgartabac BT, marking more than 22% rise in revenue to about BGN 3, 7
Kraft Foods Bulgaria, Germanos, Sony Bulgaria, Group 4 Securitas, Hilti, a Canadian and French companies are to move to a new business center to open June 14 in the outskirts of Sofia, Dnevnik Daily reported. Construction works at the site will go on till
A memorandum on cooperation under Cisco Networking Academy program was signed by Cisco Systems Bulgaria and the Finance Ministry at the first annual meeting for academic partnership at Sofia University. Under the memorandum Cisco Systems is to provide net
The leading Turkish industrial group Koc Holding in consortium with landline monopoly Turk Telekom plan a bid for the Bulgarian telecom monopoly BTC, the Executive Director of Ramstore Bulgaria, part of the Koc Holding confirmed. He added that tender docu
ProCredit Bank whose operation focuses on crediting micro, small and medium business in Bulgaria seeks further expansion of its main business. "An action plan is in place to boost SME-loan disbursements to 1000 loans per month.
Bulgaria’s second GSM operator Globul expects the number of it subscribers to reach half a million at the beginning of next year, which is twice more than the company’s 270,000 subscribers at the beginning of June. At the beginning of 2003 the company, ow
Russia’s gas company Gazprom plans expansion of its activities on the Bulgarian market, it emerged after a meeting of representatives of the company with Bulgaria’s President Parvanov. The Russian monopoly seeks the state support to set up joint ventures
The fourth fair of the Dutch companies in Bulgaria “Keep in touch with the Dutch” opens on June 13 in Sheraton Sofia Hotel Balkan. “The majority of the participating companies are already investors in Bulgaria but there are others who have only so far sho
Swiss government released EUR 100,000 to a network of local governance associations in Southeastern Europe, it emerged at the Congress of Local and Regional Authorities of Europe held in Strasbourg. More funding will come later as the network starts to wo
Three more Bulgarian companies Vanela Ltd, based in the village of Tsarimir near Plovdiv (South Central Bulgaria), Buldex in the village of Belitsa near Silistra (Northeastern Bulgaria) and Markelli of Kazanluk (Central Bulgaria) - will get permission for
Raiffeisenbank Bulgaria opened three new branches in the Black Sea resorts Zlatni Pyasutsi and Slunchev Bryag as well as in the town of Smolyan. Thus, the number of the bank’s branches in Bulgaria reached twenty.
Bulgaria’s Transport Minister Plamen Petrov announced that there were already ten potential bidders for telecom monopoly Bulgarian Telecommunications Company (BTC) at a news conference. He declined, though, to elaborate who these candidate buyers are.
Five bidders for the sell-off of Bulgaria’s tobacco monopoly Bulgartabac Holding were allowed to enter the second stage of the competition. It will open on June 10 and will close on July 22.
We must change Bulgaria together - business, students and the government, Maxim Behar, Bulgarian Business Leaders Forum Chairman said at the opening of an unique roundtable in Sofia University. More than 120 participants for leading local and internationa
On June 5 five years ago the National Bank of Bulgaria Act was adopted, which introduced the Currency board system in Bulgaria. The currency board arrangement is one of the successful political decisions of the last few years, said Martin Zaimov, Deputy G
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
