Business

BLAGOEVGRAD BT CAPITAL NOT INCREASED

The capital of Blagoevgrad-BT was not increased, as the announced agenda the shareholders` general meeting envisaged. Ivan Batsarov, representative of Bulgartabac Holding and chairman of the Directors` Board of the Blagoevgrad-based venture, put forward a

Business | July 17, 2001, Tuesday // 00:00 | Viewed: 803

SUMMER ACADEMY OF PERFORMING ARTS OPENS IN SOFIA

The 5th Summer Academy of Performing Arts, which opens Monday in Sofia, has attracted over 80 participants from 33 countries of Europe, Asia and Australia. Among others, the Academy has welcomed independent artists from the Balkans and other parts of East

Business | July 16, 2001, Monday // 00:00 | Viewed: 990

$3 M FOR HEAT INSULATION OF MUNICIPAL BUILDINGS

$3 M will be invested in heat insulation of some 500 municipal buildings in Sofia, including schools and kindergartens, under an energy efficiency project, which will considerably cut heating expenses, BTA announced. The project will be financed by the Bl

Business | July 16, 2001, Monday // 00:00 | Viewed: 717

$550 FOR A TICKET TO NEW YORK

The ticket of `Balkan Airlines` to New York costs $550. It is valid for half a year and is open, announced officials from the national carrier.

Business | July 16, 2001, Monday // 00:00 | Viewed: 928

PROSECUTORS INVESTIGATE DEAL OF PLOVDIV MAYOR

`The Prosecutor`s Office will resume the check-up against Spas Garnevski, former mayor of Plovdiv, on a scandalous deal during his mandate`, `Standart` Daily published. The investigated deal is about the purchase of 45 new and 48 recycled `Volvo` buses fo

Business | July 16, 2001, Monday // 00:00 | Viewed: 723

SOFIA`S CENTRAL RAILWAY STATION TO BE RENOVATED

A total of $3.5 M will be spend on the renovation of the grounds surrounding the Central Railway Station in Sofia.

Business | July 16, 2001, Monday // 00:00 | Viewed: 927

US DONATES EQUIPMENT WORTH $22 000 TO THE CUSTOMS

The US Embassy in Sofia donated equipment worth $22,000 to the Bulgarian Customs Agency to help its fight against drugs` smuggling. The donation is on behalf of the US Government and includes 30 Motorolla PO40 walkie-talkies and a fiberscope.

Business | July 16, 2001, Monday // 00:00 | Viewed: 816

AREMISSOFT TO COMPETE WITH MS HP AND IBM

AremisSoft, US based company, listed at Nasdaq (AREM) having the contract for developing phase one and two of the project (worth USD 3.7 million) will participate in the National Health Insurance Fund (NHIF) biddings for completing the third and fourth ph

Business | July 16, 2001, Monday // 00:00 | Viewed: 843

`BULGARTABAC` FOR SALE IN A MONTH

The denationalization proceedings of `Bulgartabac Holding` are to start in a month after forming of the new government, said NMS II experts. Under the Privatization Act, the parliament is to approve a plan on selling the holding.

Business | July 15, 2001, Sunday // 00:00 | Viewed: 705

BECHTEL MAY INVEST UP TO USD 450 M IN BULGARIA

US company Bechtel representatives met with MPs of the National Movement for Simeon II Milen Velchev, Nikolai Vassilev and Antonia Parvanova to present their intention to take part in the construction of the Upper Arda cascade. The company is ready to lau

Business | July 15, 2001, Sunday // 00:00 | Viewed: 1106

BUSINESS IN BRIEF

THE WORLD Bank has extended the term of the loan agreement with the Bulgarian State Railways by another year, until June 30, 2002, BDZ`s Gergana Ivanova told Agency Balkan. The credit provided by the WB amounts to USD 95 million.

Business | July 15, 2001, Sunday // 00:00 | Viewed: 669

TENDER FOR DANUBE BRIDGE BUILDING CONSULTANT

The consultant on the second Danube bridge constriction will be selected by the way of an international tender and will be known till end-2001, Standart daily said. The Management Committee of European Union ISPA program will decide early next week whethe

Business | July 15, 2001, Sunday // 00:00 | Viewed: 695

HUSBAND OF OUTGOING FOREIGN MINISTER INVESTIGATED

The Supreme Cassation Prosecutor`s Office will initiate the investigation against Kamen Mihailov, husband of the outgoing foreign minister Nadezhda Mihajlova, Standart Daily announced. Privatization of the former garage of the Central Committee of the Bu

Business | July 14, 2001, Saturday // 00:00 | Viewed: 774

DAEWOO SELLS SHARES IN INTERPRED AND SHERATON

Korea`s DAEWOO Corporation, owner of 70% of Interpred-World Trade Centre of Sofia, and of 67% of Sheraton Sofia Hotel Balkan, has asked the Privatisation Agency /PA/ for permission to transfer the shares to one of its subsidiaries. A month ago the Korean

Business | July 13, 2001, Friday // 00:00 | Viewed: 849

BALKAN AIRLINES AND VIRGIN ATLANTIC SIGN CONTRACT

Bulgaria`s carrier Balkan Airlines and Virgin Atlantic of the US concluded a contract on Friday for reciprocal recognition of flight fares from Sofia to eight destinations in the United States, the Balkan Airlines press centre announced. Balkan will sell

Business | July 13, 2001, Friday // 00:00 | Viewed: 966

OUTBREAK OF SEROUS MENINGITIS IN KURDJALI REGION

Serous meningitis is spreadingin the region of Kurdjali, Tanya Kamenova, chief expert at the Health Ministry, said on Thursday following an epidemiological survey. Twenty-nine children in 13 towns and villages were infected between June 12 and July 12.

Business | July 13, 2001, Friday // 00:00 | Viewed: 656

BUSINESS IN BRIEF

ROSSEXIMBANK opened another office in Sofia, occupying the central office of the bankrupt Mineralbank. Rosseximbank`s total assets amount to BGN 132 M, of them BGN 36 M comprise its credit portfolio.

Business | July 13, 2001, Friday // 00:00 | Viewed: 632

CITIBANK RAISES TOTAL ASSETS TO BGN 200 M

The total assets of Citibank Bulgaria, part of Citigroup Corp., currently amount to BGN 200 M, Citibank managing director for Bulgaria Plamen Ilchev announced.

Business | July 13, 2001, Friday // 00:00 | Viewed: 1348

NEPF FINANCED 440 INVESTMENT PROJECTS

The National Environmental Protection Fund /NEPF/ financed 440 investment projects worth BGN 220 M in the past four years, outgoing Environment Minister Evdokia Maneva said in a report. Most of the funds were invested in the construction of waste treatmen

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 643

NESEBAR TO SUE THE PRIVATIZATION AGENCY

The Mayor of Nesebar Nikolay Trifonov has filed a case against the Privatisation Agency /PA/ for offering for sale several buildings in Sunny Beach resort. These are two hotels, a restaurant and a laundry.

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 1004

BUSINESS IN BRIEF

NOKIA COMMUNICATOR 9210 was presented officially in Hilton Sofia for the media and top level decision makers in Bulgaria. ***

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 741
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