Business

DEMAND FOR CREDITS INCREASES

The demand for credits rose at the end of August, bank data showed. In the week between August 18 and 24 the commercial banks extended 48.

Business | September 4, 2001, Tuesday // 00:00 | Viewed: 569

6.3% TELEPHONE PRICES RAISE POSSIBLE

6.3% increase of telephone services charge proposed the Bulgarian Telecommunications Company /BTC/ to the State Telecommunications Commission.

Business | September 4, 2001, Tuesday // 00:00 | Viewed: 532

BUSINESS IN BRIEF

A special commission audits the Vitren EAD mines, 3 km away from Kyustendil. Experts from the State Energy and Energy Resources Agency, the ministries of regional development, economy and environment are in the commission.

Business | September 4, 2001, Tuesday // 00:00 | Viewed: 541

PM: WE ARE AWARE HOW IMPORTANT BUSINESS ETHICS IS

`We came to that meeting with complete awareness how important business ethics and ethics in the human relations at all, are for the future development of the society`, Prime Minister Simeon Saxe-Coburg said at the presentation of the Code of Business Eth

Business | September 4, 2001, Tuesday // 00:00 | Viewed: 814

ANOTHER 11 DEPUTY MINISTERS APPOINTED

11 new deputy ministers were appointed at eight ministries. Two ladies, Meglena Plugchieva and Adriyana Sukova, will be deputy agricultural ministers.

Business | September 4, 2001, Tuesday // 00:00 | Viewed: 513

UM WITH NEW NAME IN BULGARIA

Copper smelter Union Miniere Pirdop Med has been renamed to Umicor Med by the shareholders of Belgium`s Union Miniere consortium. The change in the name of the works is necessitated by the company`s reorientation in the past few years.

Business | September 4, 2001, Tuesday // 00:00 | Viewed: 583

KOZLODUI CHIEF AGAINST REACTORS CLOSURE

The management of the Kozlodui Nuclear Power Station /NPS/ launched an intensive campaign against its third and fourth reactors early decommissioning, NPS executive director, Yordan Yordanov announced. The reason for that is that the 440 NW reactors closu

Business | September 3, 2001, Monday // 00:00 | Viewed: 868

BULCHIMEX BOUGHT SHARES OF COOPERATIVE BANK

The German company, Bulchimex, acquired 1,325,882 shares or 8.2% of the bank`s stock of the Central Cooperative Bank /CCB/.

Business | September 3, 2001, Monday // 00:00 | Viewed: 686

1 200 MINERS TO BE LEFT UNEMPLOYED

Over 1,200 miners will be left unemployed in case that Gorubso–Madan is judged insolvent, Ivan Nanev, legal adviser of the mining company announced. The Smolyan court will rule whether the bankruptcy of the venture has grounds on September 19.

Business | September 3, 2001, Monday // 00:00 | Viewed: 586

CODE OF ETHICS TO BE PRESENTED TODAY

Code of Business Ethics, launced by the Bulgarian Business Leaders Forum will be presented today at Hilton Sofia, 6 p.m.

Business | September 2, 2001, Sunday // 00:00 | Viewed: 668

FOREIGN TRADE NEGATIVE BALANCE OF USD 694 M

The foreign trade balance for the first six months is negative and stands at - USD 694 million, equivalent to BGN 1,5379 million, the National Statistics Institute announced. The total turnover for the period stands at USD 5.

Business | September 2, 2001, Sunday // 00:00 | Viewed: 831

INVESTORS PRESS FOR LOWER AND DIFFERENTIATED VAT

The Bulgarian International Business Association (BIBA) has recommended in a letter to Prime Minister Simeon Saxe-Coburg to the cabinet a set of measures for the establishment of an ethical and sustainable business environment. The strict application of t

Business | September 2, 2001, Sunday // 00:00 | Viewed: 658

MODEST INFLATION INCREASE BY END OF 2001

`I expect a modest growth` of inflation, something of the range of 4-5%, until the end of this year`, Finance Minister Milen Velchev said for private nation- wide channel bTV.

Business | September 2, 2001, Sunday // 00:00 | Viewed: 547

BUSINESS IN BRIEF

Business climate in industry is improving, the August inquiry of the National Statistics Institute shows. The number of contracts awarded to Bulgarian industry from abroad, is up.

Business | September 2, 2001, Sunday // 00:00 | Viewed: 615

STATE SAVINGS BANK FALSE WEB SITE

A false web site of the Bulgarian State Savings Bank www.dskbank.

Business | September 2, 2001, Sunday // 00:00 | Viewed: 593

NEW DIRECTOR OF ROAD AGENCY

Georgi Simeonov is the new Director of agency `Roads` on the place of Bojidar Bojilov, the press center of the Ministry of Regional Development announced. Simeonov will head department `Road Taxes and Permits` The goal of the new Director is to increase t

Business | September 2, 2001, Sunday // 00:00 | Viewed: 821

GERMAN TOUR OPERATOR TO BUILD A VACATION TOWN

German tour operator ITS Reisen will build a vacation town in Bulgaria, the Company`s Vice President Dirk Berlinghof said after a meeting with Deputy Economy Minister Dimiter Hadjinikolov. The town will be located between the Black Sea resorts Slunchev Br

Business | September 1, 2001, Saturday // 00:00 | Viewed: 831

MINISTER OF FINANCE VELTCHEV IS A DEM MILLIONAIRE

The Minister of Finance Milen Veltchev is a millionaire, his property status declaration showed. In the declaration, submitted to the Accounts Chamber, Veltchev wrote that he owns BGN 944,931 bank deposits, BGN 155,218 securities and has BGN 50,077 claims

Business | September 1, 2001, Saturday // 00:00 | Viewed: 556

NEGOTIATIONS ON TRANSPORT TO RUSSIA OF SPENT FUEL

Kozloduy Nuclear Plant negotiates with companies for export of electricity as a way to cover transportation costs of spent nuclear fuel to Russia. `The Russians offered very attractive terms of spent fuel storage and processing, `Yordan Yordanov the plant

Business | September 1, 2001, Saturday // 00:00 | Viewed: 544

GORUBSO BANKRUPT ECONOMY MINISTER ANNOUNCES

A procedure towards bankruptcy of the mining company Gorubso was opened by the District Court in Smolyan, Southern Bulgaria, Economy Minister and Deputy Prime Minister Nikolay Vassilev announced. The aim of these measures is to recover the company, prepar

Business | September 1, 2001, Saturday // 00:00 | Viewed: 675

SIBANK SUPERVISORY BOARD CHAIRMAN RESIGNS

Slavcho Hristov will no longer be Chief of the Supervisory Board of Sibank. He will stay in the bank`s management as a main shareholder, though.

Business | September 1, 2001, Saturday // 00:00 | Viewed: 1011
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