More than ten foreign companies showed interest in the privatisation of the Varna, Bobovdol and Russe coal—fired thermal power plants, the director of the Foreign Investments Agency Nikolay Marinov announced. Another ten are interested in the privatisatio
The European Union’s PHARE program will co-finance a grant scheme for introduction of quality management systems in small and medium-sized enterprises. The aim of the program is to boost the export and competitiveness of these enterprises.
Bulgaria’s Prime Minister Saxe-Coburg who pays a working visit to the US, attended on Monday a breakfast with representatives of leading US companies like Lockheed Martin, Westinghouse, JP Morgan and Philip Morris. The meeting was organized by the America
The Italian private airline Air One show interest for joint activities with Bulgaria’s flag carrier Balkan airlines. Top officials from Air One met last week with Deputy Transport Minister Milcho Mladenov and Blakan’s receivers Olga Milenkova and Hristo M
Experts from the International Monetary Fund (IMF) arrive in Bulgaria in May to make a detailed analysis on the situation in the country, Piritta Sorsa, IMF Resident Representative announced. She agreed that inflation in the first three months of the year
The preliminary report on environmental effects from the construction of “Danube Bridge 2” is positive and the other activities under the project can continue, Vanya Grigorova, Director of Department for Air Protection and Wastes Management with the Minis
Belgium’s chemicals producer Solvay has invested BGN 120 M in its Bulgarian soda ash arm Sodi Devnya since it bought a majority stake in the plant five years ago, Sodi’s CEO Ivan Bochukov said. He opened a second electrostatic filter at the thermal power
Bulgarian Post Bank joined the local mortgage bond market with an issue of up to BGN 15 M of three-year paper, which is the biggest local issue of mortgage bonds so far, Dnevnik Daily reported. Subscription for the issue started on April 22 and ends on Ma
The Finance Ministry has introduced new regulations, to be promulgated in the State Gazette this week, under which money changers will be able to quote just one “buy” and one “sell” rate no matter what the volumes exchanged by their clients are. The new r
Tsarigradsko Shosse, Sofia’s main road, which links the central part of Sofia with the eastern and southern neighborhoods as well as Sofia airport will close for repairs today till May 20 the earliest. The southern lanes between Orlov Most and Aleya Yavor
The International Monetary Fund expects the high growth of four to five percent to continue in Bulgaria, a report of IMF on the fund’s members states, published before the spring meeting of IMF in Washington reads. The report forecasts inflation and accou
“It is necessary to increase the salaries of the customs officers in Bulgaria, “Jim Williams, head of the team of Britain’s company “Crown Agents,” which was hired to reform the Bulgarian customs said. “You cannot expect from the people to perform their h
“We plan to become top investor in Bulgaria,” US Deputy Chief of Mission Roderick Moore said. "In the recent years we have invested USD 227 M in this country.
Bulgaria's lev closed 1.9499/1.
Bulgaria will export human organs and cells of diseased donors, which will be recovered in France and afterwards will be brought back to the country for transplantations under a contract with US-based Osteotech Inc. The company through its French Subsidia
The initial assessment of Bulgaria's achievement in the field of nuclear safety included in the second national nuclear safety report is extremely positive, the Committee for the Peaceful Uses of Atomic Energy announced. Britain, Spain and Turkey congratu
Bulgaria’s Deputy Economy Minister Milen Keremedchiev and Chinese Deputy Minister of Foreign Trade and Economic Cooperation Zhou Keren opened the 9th meeting of the Bulgarian-Chinese Joint Commission in Beijing on Friday. The Chinese officials reported co
Italy’s Enel Power has urged the withdrawal of Ceylan Holding from the Gorna Arda project to be able to carry further the construction of the Gorna Arda Hydropower in Southern Bulgaria. Two months ago Enel and Bulgaria’s state National Electricity Transmi
President Parvanov insisted Bulgaria to have “worthy” share in the trans-Balkan oil pipeline Burgas –Alexandroupolis at a meeting with Greece’s Prime Minister Costas Simitis. The two high-ranking politicians agreed the working group on the pipeline projec
Balkan Universal Bank has drained from the country some USD 50 M, Vladimir Ivanov, Chief of Economic Police announced. The customs had losses of USD 20 M out of this sum, he added.
The authors of the latest Deutsche Bank report believe that 2007 is a realistic year for Bulgaria's entry in the EU. At the end of 2001 the new government tightened the fiscal policy as it faced an increasing current account deficit, as a result of which
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
