OTE TO INVEST $250 M IN GSM 2
Greece`s OTE Telecom is investing $250 M in the development of its digital cell phone network in BG due to launch operations in mid-July. $80 M of the total amount will be invested this year.
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NEW BBLF PRESIDENT ELECTED
Maxim Behar, M3 Communications Group, Inc. CEO was elected president of the Bulgarian Business Leaders Forum at a general membership meeting.
13% INCREASE OF THE TOURISTS EXPECTED
13 to 15% increase of the tourists in Bulgaria is expected this year. The profits from the tourism industry for Y 2000 are 15% more compared to 1999.
GLOBUL WILL START TO OPERATE FROM JULY
The second BG GSM operator GLOBUL will start operating in mid-July 2001 and by end-2001 it is planned to have 120 000 subscribers, Panayotis Kargados, Chairman of the board of directors of Cosmo Bulgaria Mobile announced. The company is a filial of the Gr
NETHERLANDS FINANCING PROJECT IN BURGAS
At present the Burgas marine association is working on a project for developing a strategy for the waste materials in port Burgas, financially supported by the Netherlands government with NLG 1.6 M.
BULGARIANS IN TURKEY TO VOTE ON JUNE 17
The Turkish government is willing to cooperate with Bulgarian authorities for granting to all Bulgarians living in Turkey the opportunity to vote at the forthcoming general elections in Bulgaria in June, the Turkish Embassy in Bulgaria announced. Bulgaria
MACEDONIAN CONFLICT: WILL NOT ENTER BG
The conflict in Macedonia will not be spread in Bulgaria according to Boiko Noev, Minister of Defence. Bulgaria does not have a special position regarding the conflict in Macedonia and the government`s position is the same as the position of the European
BG/EC AGREEMENTS UNDER SAPARD
The multi- and one-year agreements between BG and the EU Commission on the provision of direct financial assistance under the SAPARD Program entered into force April 20, the Agriculture Ministry reported. A verbal note to this effect was received from the
BCC POSTPONED BIOCHIM SALE AGAIN
`We postponed reviewing the Biochim sale offer because we received a third offer from Hebrosbank`, Peter Zhotev, Deputy PM and Minister of the Economy, announced. BCC`s Board will decide whether to sell Biochim to the candidate buyer or start new procedur
EASY ACCESS FOR BG GOODS TO LITHUANIA
An agreement on setting up a free trade area between BG and Lithuania was signed by H. Michailovski, BG Deputy Economy Minister and Lithuanian Deputy Foreign Minister D.
CANADIAN VISAS OBTAINED EASILY
During the next few weeks the Canadian Consulate Service in Sofia will appoint a visa assistant, which will facilitate the issuing of Canadian visas, announced H.E.
CANADIAN COSULATE SOON IN SOFIA
Canadian consulate services will be avaialable soon in Sofia, Rafael Gerar, Canadian ambassador to Bucharest said today. Canada does not have any official representative to Bulgaria and visas are issued in Buchares, formerly in Belgrade.
DB PREDICTS 4% GROWTH
Deutsche Bank predicts 4% economic growth in Bulgaia fro 2001 in its annual report for the country. That means it will be twice less than Deputy PM P.
TENDER FOR BIOCHIM BANK AGAIN
Bank Consolidation Company did not accept the offer for one of the largest Bulgarian banks Biohim for EUR 26 M. It is the third time offer was not accepted after the selected buyer Hebrosbank offered first EUR 20, 6 M and then incresed the offer to EUR 25
JUSTICE MINISTER MAY RESIGN
Justice minister Teodossy Simeonov may resign, 24 Hours Daily reported. Minister was pushed to resign many times until now.
SIMEON II MOVEMENT REGISTRATION APPEALED
Rodolyubie 2000 political party appealed before the Supreme Administrative Court the Central Elections Committee`s decision to register the Simeon II National Movement for the June parliamentary elections. According to Rodolyubie 2000 party leader Julian
SECOND GSM OPERATOR WITH NEW DIRECTOR
Nikos Avgerinos is the new executive director of the second GSM operator Cosmo Bulgaria Mobile. The former director Atanasios Mihalahristas has officially retired from the post.
NEW VERSIONS FOR STRUMA HIGHWAY
The Italian design company Spea will work out three new versions for the Struma highway building by the end of this fall. The auto ban will be designed on three parts.
BULGARIAN TANKER BLOWN UP IN BLACK SEA
Bulgarian tanker Mesta suffered heavy fire close to the Romanian port of Constantsa. Fire was caused by explosion on board, was reported.
NEW BIBA CHAIRMAN ELECTED
Bulgarian International Business Association members elected new chairman at a general membership meeting. Kirko Kirkov, Union Miniere CEO in Bulgaria was voted to replace John Munnery from Mobikom, a Cable & Wireless NMT mobile operator.
BALKAN TO FLY TO TELL AVIV AGAIN
Balkan Airlines will restore its flights to Tel Aviv soon, was announced today. The current managers agreed with Deputy Minister of Transport A.
Highlights
Ambassador Talks
Russia's Invansion of Ukraine
COVID-19 in Bulgaria
Ups & Downs
The Bulgarian Yogurt is now a Protected Designation of Origin in the EU
Bulgaria is in the Top 25 Countries with the Biggest Debt Slaves
