If we look from statistical point of view Bulgaria can be compared with the other countries from the region, World Bank Resident Representative to Bulgaria Oscar de Bruyn Kops commented. The World Bank is the organizer of a two-day similar on poverty in
Bulgarian companies will enjoy preferences when bidding in public procurement tenders, MPs of the parliamentary economic committee decided April 3. The preferences will be stipulated by a Cabinet’s decree on the application of the Public Procurement Act,
A tender for the upgrade to NATO standards Graf Ignatievo and Krumovo airports won by Intelcan Technosystems was contested by one of the its competitors Thales ATM. Thales ATM demanded the tender to be cancelled.
Representatives of Microsoft Bulgaria handed President Parvanov a DELL notebook with the localized version of Office XP Professional and Windows XP Professional. On the part of Bill Gates an invitation was extended to President Parvanov to visit the headq
The signing of the trilateral memorandum on the construction and exploitation the trans-Balkan oil pipeline Burgas –Alexandroupolis might be postponed, Bulgaria’s Deputy Regional Development Minister Hassan Hassan said. The memorandum was about to be sign
Sofia city court allowed the creditors of Bulgaria’s flag carrier Balkan Airlines to review the rehabilitation plan of the carrier, which had been prepared by the receivers of the debt-ridden company Hristo Mollov and Olga Milenkova. The general meeting o
The Cabinet is discussing measures, which will save Bulgarian fertilizer plants, Nikolay Vassilev, Economy Minister, said at the roundtable on Bulgarian fertilizer industry. The Cabinet also expressed readiness to introduce protective six-month duties for
Socia District Court postponed yet one more time the case on siphoning Mineralbank because the witnesses did not turn up in court. The four witnesses, who were summoned to court, failed to give statements, since they were out of the country.
The Privatization Agency announced on April 2 a tender for Incoms-Telecom Holding. An announcement for that was published in the State Gazette.
A consortium of John Deere and Valmont Industries, US-based farm equipment manufacturers, plan to invest in farm irrigation projects in Bulgaria, Todor Todorov, head of the state-owned Irrigation Systems, said. Talks with the two leading world producers h
The contract between Bulgaria’s tobacco giant Bulgartabac Holding and a factory in the Russian city of Podolsk on the production of Bulgarian brands of cigarettes has been declared void, the company’s CEO Georgi Popov said, quoted by Dnevnik Daily. Accord
Bids for Bulgaria’s Varna shipyard reached 84 percent of the company’s evaluation, which amounted to USD 18 M. That means that in case that there are no violations of the tender that took place on April 2 the shipyard will be sold for USD 15,12 M to Navig
iRegent Group Limited, majority owner of Hebrosbank is interested in the privatisation of the Bulgarian Telecommunications Company (BTC), Gautam Vir, CEO of HebrosBank said. A company within the group in a consortium with telecommunications firms will par
A revision of the list of the creditors of Bulgaria’s flag carrier Balkan airlines had revealed debts of BGN 291.538 M as of March 2001, almost double the amount previously announced, receiver Mollov announced April 2.
Two serious investors are expected to bid in Varna shipyard tender, Deputy Prime Minister and Ecomony Minister Nikolay Vassilev said at a press conference in the town of Turgovishte, where he is on a visit. He said that according to the information he has
An Indonesian-American consortium is expected to bid in today’s tender for Varna Shipyard’s assets, sources from the company said, quoted by Dnevnik Daily. Indonesian Ratra Group, which holds a 70% stake in the consortium, is to pay the deposit.
Coca Cola Bulgaria, part of the world’s biggest soft drink group, plans to expand its operations on the Bulgarian market by launching new Fanta soft drink at March-beginning. The sales of the new wild berry-flavored product exceeded the company’s expectat
Sunny Beach Holding posted a record profit of BGN 527,000, or BGN 1.35 per share for 2001.
Bulgaria’s flag carrier Balkan Airlines will lay off 500 employees in April, the company's spokesperson announced. This is envisaged in the rehabilitation program of the carrier and is also one of the requirements of the creditors, tabled in Court last we
The National Bureau Green Card is to be officially opened today, terminating the monopoly of Bulstrad on automobile insurance for travelling abroad, called Green Card. The Bureau was established in July 2001 by eleven insurance companies– Alianz Bulgaria,
Bulgaria’s State Saving Bank DSK should be sold by June 30, 2003, Nelly Kordovska, Executive Director of the Bank Consolidation Company said. The Bank Consolidation Company (BCC), the government body that manages the privatisation of state banks, adopted
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
