Business

NEW TENDER FOR BUSINESS BANK TO BE OPENED

`A new tender for Business Bank will be opened,` Ivan Panchev, Trustee of the bankrupt institution, said. The Agency for Government Claims is dissatisfied with the failed tender and does not approve the evaluation.

Business | October 22, 2001, Monday // 00:00 | Viewed: 709

MOBILE X~RAY DEVICES TO MONITOR IMPORTS

The European Union will provide to the Bulgarian customs a modern X-ray equipment for a precise border control of trucks and containers. The devices will give the opportunity to control the vehicles in any place on the country`s territory.

Business | October 22, 2001, Monday // 00:00 | Viewed: 765

PRICES OF TOURIST SERVICES TO INCREASE

`The prices of the Bulgarian tourist packages sold abroad will rise in the range of 15% to 30% in case that Value Added Tax (VAT) is imposed on them. Thus, the packages will become non-competitive on the European market,` the Bulgarian representatives of

Business | October 22, 2001, Monday // 00:00 | Viewed: 719

CONSULTANT ON BALKAN AIRLINES TO BE SOUGHT

The Bulgarian Ministry of Transport and Communications will open a tender for a consultant on the strategy for the Bulgarian national carrier, Balkan airlines. That was announced by Transport Minister Plamen Petrov.

Business | October 22, 2001, Monday // 00:00 | Viewed: 777

OFFERS FOR VARNA SHIPYARD TO BE OPENED IN PUBLIC

The offers of the companies proposing rehabilitation plans for the Varna shipyard will be opened at the ministry of economy today, it emerged from a statement of vice premier Nikolay Vasilev in Varna. By the Saturday deadline offers were submitted by six

Business | October 22, 2001, Monday // 00:00 | Viewed: 760

SECOND DANUBE BRIDGE `SMOOTHLY AND ON TIME`

Transport and Communications Minister Plamen Petrov expressed a hope that the work on the construction of the second bridge over the Danube will be completed by 2006. He said at a talk show in the Bulgarian National Radio that Bulgaria also should develo

Business | October 22, 2001, Monday // 00:00 | Viewed: 968

HOLOGRAM STICKERS FOR TAXI CABS

Hologram stickers will show the difference between the regular and the fake taxi cabs. By end-January, the special signs will be sticked on all cars in Sofia, sources from the Branch Chamber of Taxi Drivers and Carriers said yesterday.

Business | October 22, 2001, Monday // 00:00 | Viewed: 812

EX MINISTER~ NEW BULBANK SUPERVISORY BOARD MEMBER

Ivan Stanchov, former Bulgarian Ambassador to Britain from 1991 to 1994 and former Foreign Minister from the Reneta Indzhova Cabinet was elected member of the Supervisory Board of Bulbank. That was announced by bank officials after Bulbank`s general meeti

Business | October 20, 2001, Saturday // 00:00 | Viewed: 1156

USAID PROJECT TO FINANCE PUBLIC SERVICES CENTERS

Minister of Regional Development and Public Works Kostadin Paskalev met Debora McClain from the United States Agency for International Development, USAID. They discussed a project, financed by USAID for opening of centers that will improve public services

Business | October 20, 2001, Saturday // 00:00 | Viewed: 811

STRATEGY FOR EU FUNDS HAS TO BE READY BY 2001 END

`The deadline for the preparation of a strategy on Bulgaria`s participation in the EU structural funds expires on December 31 this year,` Bulgaria`s chief negotiator with the EU Meglena Kouneva, told the press after a meeting of the Council on European In

Business | October 20, 2001, Saturday // 00:00 | Viewed: 623

TURKISH COMPANIES MAY INVEST IN BG PROJECTS

Turkish companies may participate in road and energy facilities construction, ownership restructuring in the water and sewerage companies, and waste water treatment in Bulgaria. That was announced after a meeting of representatives of large Turkish constr

Business | October 20, 2001, Saturday // 00:00 | Viewed: 950

MOST BUSINESSMEN: BUSINESS CONDITIONS NOT CHANGED

45% of 196 business people said that the macroeconomic environment in Bulgaria has remained unchanged as far as small and medium-sized enterprises are concerned. Conditions for doing business are improving according to 12 % of respondents, while nearly th

Business | October 20, 2001, Saturday // 00:00 | Viewed: 822

PRINCE ANDREW MET BUSINESS REPRESENTATIVES

Second day of his visit Prince Andrew had a lunch with several members of the Bulgarian Business Leaders Forum. `It was extremely useful and business orientated conversation, which I do hope will turn to a long-term partnership`, Maxim Behar, BBLF Chairm

Business | October 19, 2001, Friday // 00:00 | Viewed: 1017

EU TO FUND TELECOM BORDER NETWORK WITH TURKEY

The European Commission in Brussels will finance the construction of a new mobile telecommunications network, using the Trans European Trunked Radio (TETRA) system along the border between Turkey and Bulgaria. The network will provide mobile connection be

Business | October 19, 2001, Friday // 00:00 | Viewed: 802

PRIVATIZATION AND CONTROL TO BE SEPARATED

The privatization bill, approved by the Government, foresees the split of the newly created Agency for Post-privatization Control from the Privatization Agency (PA). `This is a politically based decision,` Deputy Prime Minister Nikolay Vassilev said.

Business | October 19, 2001, Friday // 00:00 | Viewed: 721

NO STATE GUARANTEE GRANTED TO BG STATE RAILWAYS

The Bulgarian Cabinet has refused to provide state guarantee to the Bulgarian State Railways (BSR) for the EUR 150 M loans extended by the European Investment Bank, Dnevnik Daily wrote. The loans will be used for the construction of a high-speed railway l

Business | October 19, 2001, Friday // 00:00 | Viewed: 687

INSURANCE AND GAMBLING AGENCY TO SPLIT UP

Bulgarian Agency on Insurance Supervision and Gambling will be split up into two separate bodies - State Commission on Gambling and Agency on Insurance Supervision. This is provided by the amendments to the Gambling Act, adopted by the parliament at first

Business | October 19, 2001, Friday // 00:00 | Viewed: 575

TRANSPORT MINISTER HEADS WORKING GROUP ON TELECOM

Transport Minister Plamen Petrov was elected Chairman of the working group that will monitor the privatization of the Bulgarian Telecommunications Company (BTC), the Cabinet decided on October 18. Deputy Prime Minister Nikolay Vassilev, Apostol Apostolov,

Business | October 18, 2001, Thursday // 00:00 | Viewed: 606

PROCREDIT BANK TO GRANT UP TO BGN 250 000 LOANS

ProCredit Bank will provide loans up to BGN 250,000, Standart Daily wrote. Representatives of the ProCredit Bank shareholders announced the bank`s development strategy.

Business | October 18, 2001, Thursday // 00:00 | Viewed: 783

BULGARIA 59TH IN THE WORLD ON GROWTH PROSPECTS

Bulgaria ranked 59th in the world as far as its economic growth prospects are concerned. Finland roared from sixth place last year to become the world`s most competitive nation, knocking the United States out of the top spot, according to a survey release

Business | October 18, 2001, Thursday // 00:00 | Viewed: 728

TRENDS IN REAL ESTATE BUSINESS DISCUSSED IN SOFIA

Sofia hosts the Seventh International Conference `Business to Business Now` and the first for Bulgaria real estate trade show. Both events are organized by the Central European Real Estate Associations Network (CEREAN) and the National Real Estate Associa

Business | October 18, 2001, Thursday // 00:00 | Viewed: 751
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