BG TO RECEIVE EUR 300 M UNDER ISPA
BG will receive EUR 300 M this year under the ?U program ISPA. ISPA provided assistance for big infrastructure sites.
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BLACK SEA BANK TO ALLOCATE $10.5 M TO BG
Black Sea Bank will allocate $10.5 M for projects in BG.
16% OF GDP ALLOCATED FOR INVESTMENTS
Only 16% of GDP for Y 2000 are allocated for investments, Bojidar Danev, chairman of Bulgarian Industrial Association, announced. The reinvestment in the developed countries is not less than 30-32% of the national product.
300 000 GERMAN TOURISTS EXPEXTED
300 000 German tourists are expected this summer to Bulgaria, M. Assenova, deputy minister of economy announced.
NEW IMF MISSION CHIEF FOR BULGARIA
Jerald Schiff was appominted as new head of the IMF mission to Bulgaria. Juha Kahkonen, former in the office takes over mission in Turkey.
MAJOR INVESTOR ACCEPTS NEW STRATEFY
Isiklar Holding, major investor in BG and owner of 80.3% of the largest paper producer Celhart decided to start implementation of new marketing strategy looking for new markets, was announced today.
OPEN DOORS AT KOZLODUY NUCLEAR PLANT
Open doors day was organized on Sunday at the only Bulgarian nuclear plant in Kozloduy. Teachers, physicians, regular citizens fron neghbouring regional center Vratza came to talk to the plant managers.
PM KOSTOV TO MEET PRESIDENT BUSH IN MAY
Bulgarian prime minister I. Kostov will pay visit to the USA in May to meet president J.
C & W SELLS SHARES IN MOBILE OPERATOR
Cable & Wireless is to sell its share in the Bulgarian NMT mobile operator Mobikom, Dnevnik Daily announced. John Munnery, local Mobikom manager confirmed.
KING`S PARTY LAUNCHED IN SOFIA
King Simeon`s party - National Movement Simeon II was officially launched in Sofia on Sunday. 631 founding memebrs voted for the by laws and ruling bodies.
3 M WITH CELL PHONES BY 2005
By Y 2005 the number of the mobile-operators` subscribers in BG will exceed 2.8 M.
TURKISH COMPANY ACQUIRED USTREM 2
Salimet company won the auction for sale of the automobile plant Ustrem 2, offered by VMZ-Sopot. Salimet was the only candidate with an offer of DEM 493,000.
9.6% ARE THE INTERNET USERS IN BG
The number of Internet users in BG is 585,000 or 9.6% of the population over the age of 15, a survey of the Bulgarian branch of GFK says.
ITALY IS BG LARGEST TRADE PARTNER
Italy seems to be the largest Bulgarian trade partner in 2000. BG export to this country was estimated to $687 M, import was up to $550 M.
TAX REPORTS SOON ON LINE IN BULGARIA
Company`s and private tax reports soon shall be sent on-line not later than 6 months, H. Traykov, Finance ministry IT expert said.
MORE THAN A BILLION TRADE DEFICIT
The foreigh trade balance of Bulgaria in 2000 is negative with USD 1, 2 Bln, statistics said. The export has incresaed with 20 %, import with 17 %.
HUMAN INSTITUTE LAUNCHED IN SOFIA
First in Bulgaria, third in Europe HuMan institute was launched in Sofia today. It will be dedicated to humanistic management tasks and unites leading Bulgarian businessmen, psychologists, decision makers.
GUARANTEES FOR TRAVELING TO ITALY
From April 10 on financial guarantee as well as proof for the purpose of travelling will be required from Bulgarians traveling to Italy. Travellers can present their financial guarantee at the border either in cash or in travelers` check, credit cards or
SIMEON II ENTERED BG POLITICAL LIFE
Exiled BG monarch King Simeon II presented his plans for stepping on the BG political scene. Simeon II declared that he is setting up a national movement for new moral in politics.
477 PRIVATIZATIONS DEALS FOR 2001 IN BG
477 privarization deals are fixed in the governmental program for 2001 approved today. 329 of them are for sales of majority shares of state companies, the rest will arrange smaller private participation.
MINISTER CONFIRMS BTC IS FOR SALE
BG Telecom minister A. Slavinsky denied the information that the Bulgarian Telecommunications Company will be given for international management soon.
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
