`I hope that the Government will sign an agreement with the IMF by the end of 2001,` Finance Minister Milen Velchev said after his second meeting with IMF mission leader to Bulgaria Jerald Schiff. It is unlikely that agreement will be reached next week ac
The conclusion of this year`s global report on human development, drafted by the UN Development Programme is that Bulgaria is a potential technological leader. Bulgaria ranks 28th in the index of technological achievement, which arranges 72 countries in t
Nelly Kutskova, Chairman of the Sofia Regional Court will run for Vice-President with Petur Stoyanov at the presidential elections on November 11. The current Bulgarian president Stoyanov will run for second mandate then.
The Japanese Company Chubu Electric Power investigates the opportunities for investing in central heating in Dobrich, Northeastern Bulgarian town. The Nagoya-based company is ready to submit by the spring of 2002 a study on the potential of an unfinished
Globul`s distributor, Global Net registered 8,500 clients in the first three days after the official launch of the second GSM operator in Bulgaria. Pirin Tourist OOD holds 51% of the Hemus Air EAD stock, according to the contract signed with the Privatis
The import in Bulgaria will take place in daylight only. The risky and excisable goods will be imported through certain checkpoints only.
An internal investment fund of Deutsche Bank is willing to buy out Bulgartabac Holding as a whole, Vice-PM Nikolay Vassilev said yesterday. Their branch of the bank has nothing to do with the corporative finances department, consulting us about the BTC (B
The Special Services read the e-mails not only abroad but also in Bulgaria, Dnevnik Daily wrote. This measure was heightened especially after the assaults in the United States.
The Smolyan Regional Court revoked the bankruptcy of Gorubso, the National Television BTV announced, quoted by Dnevnik Daily. The Court decided on that when the Agency for State Loans withdrew its claim for BGN 1.
The Doverie Pension Insurance Company has so far managed to attract 390,000 universal pension insurance applicants, BTA wrote. Suglasie Pension Insurance Company (145,000), the Bulgarian Pension Insurance Company (100,000+), the Rodina Saving Co-operative
`Mobikom might become third GSM operator,` the company`s co-manager Tim Busseret announced. `If Mobikom is awarded a GSM license it can have a network up and running in 6 months.
An electric switchboard in a water treatment building of the Kozlodouy nuclear plant went on fire at 12.30 pm on September 19.
Nearly 600 Bulgarians, mainly from the town Mezdra, are threatened to lose their jobs and professional qualification, since the the metallurgical plant Eliseina may go bankrupt. The overall debts of the plant are BGN 1.
`The Privatization Agency informed the Transport Minister that there are no legal reasons for revising the Hemus Air deal,` Georgi Popov from Pirin Tourist, majority owner of the aviation company, told reporters. A letter, signed by the agency`s CEO Apost
The privatization of the Bulgarian Telecommunications Company /BTC/ and the current condition of the Bulgarian State Railways /BDZ/ were the main topics at the meeting between the Transport Minister Plamen Petrov and the International Monetary Fund repres
Daewoo Engineering and Construction cancels the deal on the sale of its 67-percent stake in Sheraton Sofia Balkan to International Hotel Investments, Reuters announced. The majority owner of the hotel has informed the stock exchange in Seoul that the sale
Krassimir Angarski, economy advisor of Bulgaria`s President, was appointed Chairman of the Board of Managers of the DSK (State Saving Bank) yesterday. He was elected by the new Supervisory Council, including the Deputy Finance Minister Kiril Ananiev, Depu
`The Pleven `Neft i Gaz` company discovered a commercially significant deposit of natural gas and oil-condensate at 3,850 m below ground near Butane in the Pleven region,` Chief Executive Officer Krasimir Manov said on 18 September, quoted by BTA. The dai
A member delegation of the European Round Table of Industrialists will arrive in Sofia next Monday to meet the new Bulgarian government. Baron Daniel Janssen, Chairman of the Board of Solvay, will lead the industrialists` delegation.
A program for partial restoration of the Bulgarian forests, devastated systematically in the last three years by deliberate arsons was launched by Overgas Inc. The forests need 200 years at least to be restored naturally, was emphasized at a round table d
The Sofia Municipal Council decided to finance with USD 75,000 `Company for Luxury Hotels` which is the owner of Hilton hotel. The funding will be extended by the specialized municipal privatization fund.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
