Bulgaria and Portugal endorsed agreement on reciprocal employment March 2, which will be enforced after it is signed in Portugal in two moths’ time. Under the agreement no limits or quotas are to be placed on the number of the employees or the type of wor
Layns Holding – Sofia was awarded the traditional Golden Martenitsa annual award of Made in Bulgaria union. The Holding topped the category for Bulgarian company with considerable contribution to raising productivity and quality.
Equities trade on the markets of the Bulgarian Stock Exchange was relatively calm over the last week. The trade in all sectors exceeded that of the previous week.
The privatization procedure of Bulgartabac is expected to be launched in April or May and to be completed in July at the latest, Agriculture Minister Mehmed Dikme said. He confirmed that top priority will be the protection of 250,000 producers’ interests,
Turk Telecom is interested in the privatisation of the Bulgarian Telecommunications Company (BTC),Transport and Communications Minister Plamen Petrov said at the final plenary session of the Bulgarian - Turkish transport and telecommunications commission.
It is highly probable that a new Eurobond issue will be launched in 2002, Finance Minister Milen Velchev announced. We are in constant dialogue with the big players on the market, he added.
Bulgaria has made considerable progress in the physical protection of its nuclear facilities, the mission of the International Atomic Energy Agency (IAEA) which ended on March 1, concluded. The recommendations of the 1996 mission have been fulfilled, whil
Top priority in the sell-off of Bulgartabac Holding is the protection of national interests, a statement of the Economy parliamentary committee, presented in Parliament, reads. The strategy is based on previous experience in the privatisation sector and t
Taxation authorities are to inspect Kremikovtzi steel maker and thirteen companies connected with it, Nikolay Vassilev, Deputy Prime Minister and Economy Minister, said in Parliament. The company’s losses incurred since 1998 total BGN 400 M, while its mid
Craftsmen and driving instructors temporarily terminated their protests against increase of licence taxes in front of the Parliament March 1. The protesters are to have meeting with Finance Minister Milen Velchev on March 5.
Craftsmen and driving instructors continue their protests against increase of licence taxes in front of the Parliament, after spending the night there, The protesters insists on a meeting with Finance Minister Milen Velchev. The protestors demand a recons
US investors AES submitted documents with the State Commission for Energy Regulation for obtaining a licence for generating electricity at the Maritza East 1 thermal power station and construction of new units, representatives of the company’s Bulgarian o
Gas market liberalization is unlikely because the market reaction is yet to be seen, Konstantin Shushulov, hed of the State Commission for Energy Regulation, said, quoted by Dnevnik Daily. His statement was prompted by the Cabinet decision to liberalize g
Bulgaria’s first GSM operator MobilTel will report on its ownership structure once every six months before the Telecommunications Regulations Commission. On February 28 the regulatory body decided to allow the change of ownership of MobilTel.
Swedish company Swedtel AB has expressed strong interest in participating in the bidding procedure for the privatisation of the Bulgarian Telecommunications Company, Sweden’s Ambassador to Bulgaria H.E.
The International Monetary Fund approved a stand-by loan worth USD 299 M, which is to support Bulgaria's economic program, aiming to boost privatization, growth and fight poverty. The funding will be disbursed in nine tranches over two years with the firs
Cabinet approved plans for the sale of up to 65 % of Bulgarian Telecommunication Company (BTC) in a two-stage competition open to both telecoms firms and financial investors. Under the strategy up to 20 % in BTC will be placed on the local stock exchange.
The schedule for extending micro credits will be extended as of April 1, Deputy Prime Minister and Social Minister Lidia Shuleva said. Since the beginning of April residents form all nine districts, where the project was launched, will be able to apply fo
The Privatisation Agency will try to sell a majority stake in the debt-ridden Vazov Group of arms plant (VMZ) at a public tender, the Privatisation Agency announced. According to PA Chairman Apostol Apostolov it is still not clear whether the core product
After the rehabilitation of the Maritsa East 2 and 3 thermal power plants and the addition of new production facilities at Maritsa East 3, the complex will be able to meet 40-50% of domestic electricity demand, former Maritsa East director and incumbent c
Brussels is to grant some USD 5 M to the company consultant on the construction of Danube Bridge 2. The selection of the consultant is already underway, the Transport Ministry announced.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
