Economy Ministry experts check the procedures of Vidachim Chemical Plant liquidation for the period between September 1999 and June 2001. The Economy Ministry demanded the check-up after an Internal State Control Agency investigation.
The Turkish consortium of the businessman Aidin Dogan and Demirbank`s former owner Halit Cingiliolu are the new owners of Demirbank`s Bulgarian branch. The Turkish agency for bank regulation approved the deal.
The Finance Ministry will give interest free loans to the poorest municipalities. The money will be used for unpaid salaries for the state employees, the Finance Minister Milen Velchev announced in the Parliament.
`The strategy for the Bulgarian Telecommunications Company /BTC/ privatization is in an advanced stage,` Minister of Transport and Communications Plamen Petrov said. Two options are considered: selling BTC with a package of stock and a license agreement f
The National Insurance Institute /NII/ reported BGN 373 M excess spending in FY 2000. The report was voted by parliament on second reading.
Immediately after the new board of directors of Bulgartabac Holding is registered, I`ll ask the State Financial Control to carry out a prompt audit of the whole venture, said Vice-Premier Nikolay Vassilev yesterday. The checkups of the enterprises in diff
The resignation of John Munnery, Managing Director of the Mobile Telecommunications Company Mobikom was voted September 13 at the general meeting of the Radio Telecommunications Company. Managers of the company for a one-year period were elected Tim Buiss
The newest unleaded petrol, Energy Extra, which will appear on the market on September 15, was presented by Austria`s OMV yesterday. The high quality of the new petrol will not affect its price and a liter will cost BGN 1.
Bulgaria and Macedonia will take part in a joint project for a railway connecting Sofia and Skopje, financed by the Stability Pact. That was announced after a meeting between Bulgarian Transport Minister Plamen Petrov and his counterpart Lyubco Balkovski.
The Consultative Council of the State Energy and Energy Resources Agency discussed the problems with the spent nuclear fuel from the Kozloduy nuclear power plant. `Changes in the strategy of the plant are necessary`, according to the chair of the council
The August inflation rate increased with 0.3%, data released by the National Statistics Institute /NII/ showed.
The director of `Construction and Rehabilitation` state-owned company might be replaced. According to unofficial information, the leader of the Bulgarian Socialist Party, Georgi Parvanov, lobbies the Deputy Minister and Minister of Regional Development Ko
Deutsche Bank representatives proposed a strategy for the BTC privatization at a meeting with the Deputy Prime Minister Nikolay Vassilev, Transport Minister Plamen Petrov and Deputy Transport Minister Nikolay Nikolov. The new contract between the Governme
Lukoil-Nefotchim Burgas raised the plant fuel prices, starting at midnight on September 13. The international economic changes triggered by the terrorist acts in the United States necessitated the increase in the prices.
The International Monetary Fund`s /IMF/ mission insisted on a smaller VAT reduction during the negotiations on the Bulgarian macroeconomic framework for 2001 between representatives of the fund and the government. The fund did not approve the financial mi
Two seminars, organized by the IT leader Compaq Computer, will take place on September 17 and September 18. The seminars are designed for its partners and customers.
The former president and CEO of Balkan Airlines, Zvi Frank, denied negotiations with Arabian investors for the sale of 75% of the Balkan airline shares. `It would be very good for Zeevi Group and for Bulgaria if there were such negotiations but believe me
The Deputy Economy Minister Lyubka Kachakova is the new Chairman of Bulgartabac`s Board of Directors. Georgi Popov was elected for Executive Director of the holding.
Saudi Arabia and Izrael investors showed interest in the hotel `Castle Hrankov`and the hotel complex `Hawaii Hrankov` in Dragalevtsi, near Sofia, Dnevnik Daily wrote. The announcement was made by Plamen Hrankov, the owner of `Hotel Chain Hrankov`.
The European Bank for Reconstruction and Development nominated a Bulgarian project for building an information network on the integration of the minority groups in the public life, healthcare minister Bozhidar Finkov said on return from Dubrovnik. A new
Bulgaria was often positively mentioned at the Black Sea- EU conference in Thessalonika. The goal was to outline the development of the 11 member states of the Black Sea Bank for Trade and Development /BSBTD/ and the opportunities for cooperation with the
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