Business

BG DUTY FREE CORRIDOR

Duty-free zone between Rousse and Varna is to be established. The project aims at provoking interest in the traffic of commodities in the Rhine-Main-Danube directions, as well as to Turkey and the countries in the Arab peninsula.

Business | April 4, 2001, Wednesday // 00:00 | Viewed: 1274

EUR 54.3 M FOR BG RECOVERY PLAN

The implementation of the Greek plan for economic recovery of Southeastern Europe will start in June. The total investment amounts to EUR 500 M.

Business | April 4, 2001, Wednesday // 00:00 | Viewed: 1625

LUXEMBOURG TO FUND BG PROJECTS

BG and Luxembourg Foreign Ministers signed an agreement on Luxembourg funding for health care and environmental protection projects in Bulgaria. The concrete parameters of the aid package will be discussed at expert level within a few weeks.

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 1077

DEM 900 000 FOR ROAD NETWORK

DEM 900 000 have been allocated for reconstruction of municipal roads on the territory of the region of Shoumen. Funds have been provided by Roads Fund and will be extended in several tranches.

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 1152

LUKOIL NEFTOCHIM WITH $50 M PROFIT

According to preliminary estimations the profit of LUKoil Neftochim-Burgas for Y 2000 amounts to $50 M. LUKoil plans to invest $150 M in the modernization of the refinery.

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 1067

BECHTEL TO ENACT UPPER ARDA PROJECT

US construction company Bechtel is ready to start working on the construction site in Upper Arda right away in the case that the Oxford Consortium signs a contract with the National Electricity Company. The consortium has received confirmation from ABSA B

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 1166

MORE POWER FOR THE GOVERNMENT PROPOSED

The ruling party UDF proposed the government to have extraordinary power to take decisions between the desolving of the parliament and the general election, to be held June 17, 2001. The abilities to take extraordinary decisions will be only for decisions

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 1188

BALKAN COUNTRIES SET UP COUNCIL

The chiefs responsible for protection of the population in case of natural disasters and major accidents in BG, Macedonia, Slovenia and Croatia signed an agreement setting up a Council for Civil-Military Emergency Planning of the countries of Southeastern

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 1239

EU INVESTS DEM 5 M

The EU will provide DEM 5 M for a program for special medical aid to the prostitutes working at high-traffic highways. Preliminary data says that at about 200 women prostitute in Southwest Bulgaria.

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 1114

$950 M FOR PLOVDIV AIRPORT

Israeli Dora International is ready to invest $950 M in the Plovdiv airport. The US-based Israeli company submitted the offer to the relevant municipalities.

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 1096

BG RESPONSE TO EU COMPETITION

40% of the total 221 BG companies expect that the EU integration of BG economy will make their production more competitive; 20% think that the EU markets will affect their position on the domestic market, a survey of the Association of the EU Chambers of

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 962

BILLA HYPERMARKET IN HASKOVO

Austrian company Billa will invest in a hypermarket in Haskovo. Construction works will start in 3 months and will provide 120 job positions.

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 18376

FRENCH SOGEA TO INVEST $500 000

French company Sogea is ready to invest $ 500 000 in a project for upgrading the water and sewerage system of the city of Vratsa. The upgrading aims at eliminating hidden leaks along the pipe network.

Business | April 3, 2001, Tuesday // 00:00 | Viewed: 1055

ERICSSON MIGHT SUPPLY SECOND GSM

Unexpextedly Ericsson might substitute Motorola of supplying the equipment for the second GSM operator in Bulgaria. Motorola was announced as preffred supplier by P.

Business | April 2, 2001, Monday // 00:00 | Viewed: 1088

EPAYMENT SECURITY IMPROVED

Digital certificates are being introduced in the Internet payment system ePay.bg.

Business | April 2, 2001, Monday // 00:00 | Viewed: 1328

BLACKSEAFOR TO BE FORMED

Petar Petrov, BG navy commander, Foreign Ministers of Turkey and Georgia, and Deputy Foreign Ministers of Russia, Romania and Ukraine signed a contract in Istanbul for the formation of a naval group for operational cooperation in the Black Sea, under the

Business | April 2, 2001, Monday // 00:00 | Viewed: 984

$380 M INVESTED IN KOZLODUI NPP

The total amount of investments in the modernization of the 3rd, 4th, 5th, and the 6th units of the Kozlodui nuclear power plant for Y 2001 will reach $380 M. The funds for the units` decommissioning and for the radioactive waste depots are already gather

Business | April 2, 2001, Monday // 00:00 | Viewed: 1487

THIRD OFFER FOR VARNA SHIPYARD

Italian financial company Gibar International Ltd. is interested in buying Varna Shipyard.

Business | April 2, 2001, Monday // 00:00 | Viewed: 1128

NEW RIGHTIST PARTY LAUNCHED IN BULGARIA

New Conservative party called EKIP was officially launched today in Sofia and declared to participate in the forthcoming General elections, June 17, 2001. The leader was elected H.

Business | April 1, 2001, Sunday // 00:00 | Viewed: 1040

42 WITH NO BANK SECRETS IN PLOVDIV

Bank accounts of 42 businessmen from Plovdiv, second largest city in BG, were opened by the regional prosecutor. The accounts belong to people suspected for bribes or illegal business incomes.

Business | April 1, 2001, Sunday // 00:00 | Viewed: 1058

FIVE PRIME MINISTERS TO MEET IN SOFIA

Five prime ministers are coming to Sofia for a meeting as a part of a European People`s Party Forum. PMs of Spain H.

Business | April 1, 2001, Sunday // 00:00 | Viewed: 1036
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