Business

BGN 11.6 BLN NECESSARY ON ENERGY SAVING

The average specific consumption of power may dropped by 50% in the existing housing fund, if the energy saving measures are implemented, show the calculations of the National Energy Saving Effectiveness Plan, promoted by the State Energy Effectiveness Ag

Business | July 1, 2001, Sunday // 00:00 | Viewed: 632

CURRENCY EXCHANGE FOR EUROS IN BG STARTS IN 2002

Twelve European currencies will be exchanged for euros in Bulgaria starting January 1, 2002. The single European currency will replace the monetary units of Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, P

Business | June 30, 2001, Saturday // 00:00 | Viewed: 724

SOLVAY SODI SODA ASH MAKER WITH $ 3.7 M NET PROFIT

The Solvay Sodi soda ash maker reported a net profit of $ 3.7 M for last year.

Business | June 30, 2001, Saturday // 00:00 | Viewed: 1226

NUMBER OF `LIFE` INSURANCES IN BG DROPPED

1.094 million life-insurance contracts were effective in 2000, show the data of the Insurance and Gambling Supervision Agency (IGSA).

Business | June 30, 2001, Saturday // 00:00 | Viewed: 586

PEOPLE SMUGGLING RING TROUGH BG BROKEN

A ring smuggling foreigners through Bulgaria was broken in a joint operation of the local police and the Regional Service for Organized Crime Control. Twelve illegal aliens were caught in the operation before sneaking into Yugoslavia.

Business | June 30, 2001, Saturday // 00:00 | Viewed: 700

NETF FUNDED 46 ENVIRONMENTAL PROJECTS IN BG

In the five years since its establishment, the National Environment Trust Fund (NETF) has funded 46 environmental projects (half of them already completed) which have cost a total of BGN 118 M. Some BGN 30 M was granted by the NETF.

Business | June 30, 2001, Saturday // 00:00 | Viewed: 667

BULGARIA SHOWS PROGRESS TO THE EU

At a meeting of the European Integration Council the Government heard information on the country`s progress in implementing the EU membership criteria. The information has been prepared to be used in the annual report of the European Commission on the pro

Business | June 30, 2001, Saturday // 00:00 | Viewed: 784

MINISTER SAID CONTRACT WITH AREMISSOFT IS CLEAR

Health Minister Ilko Semerdjiev has not been officially served an indictment, the Health Ministry press office told BTA Friday following press reports that Semerdjiev would be held liable for violations of the Public Procurement Act in signing a contract

Business | June 30, 2001, Saturday // 00:00 | Viewed: 797

EU TO PROVIDE 8.89 M EUROS TO BG

The EU is going to provide 8.89 M euros to Bulgaria for a project under the Phare Programme, entitled `Grant Scheme for Introducing Quality management Systems`, the Economy Ministry announced.

Business | June 29, 2001, Friday // 00:00 | Viewed: 648

ADS ON BRIDGES AND TUNNELS BANNED

The mounting of advertising and commercial facilities will not be allowed near road junctions and crossroads, reads an ordinance on the special use of roads, which was passed by the cabinet yesterday.

Business | June 29, 2001, Friday // 00:00 | Viewed: 687

BUSINESS IN BRIEF TODAY

YUGOSLAVIA becomes a member of the Black Sea Energy center in September, said Lyulin Radulov, chairing the center. THE CABINET approved the proposal of the State Telecommunications Commission for awarding a 15 year license to the Bulgarian National Telev

Business | June 29, 2001, Friday // 00:00 | Viewed: 750

SELLING BRADY BONDS RECOMMENDED

One of the world`s biggest investment banks, Bear Stearns, recommended to its clients yesterday to sell Bulgarian Collateralised Discount Bonds /DISCs/. Bulgaria`s Brady bonds rose considerably before and immediately

Business | June 29, 2001, Friday // 00:00 | Viewed: 714

40% POPULATION UNDER 100 LEVS MONTHLY

40% of the Bulgarian nationals live with less than 100 levs monthly, show the last data of the National Statistics Institute (NSI). The average annual earnings per capita is worth 1,587 levs, while per month it is 132.

Business | June 29, 2001, Friday // 00:00 | Viewed: 678

BTC WON THE DIGITAL TV LICENSE

BTC won the license for a digital TV network for $75 000. Four companies competed at the public tender in the National Palace of Culture: BTC, Ring CV, private cable television Evrotur Sat TV Engineering and Union Television.

Business | June 28, 2001, Thursday // 00:00 | Viewed: 653

PROJECTS` FUNDING SUSPENDED DUE TO KING`S MP

The Finance Ministry suspended the funding of all projects under the so-called additional programme for investments in municipalities, outgoing Finance Minister Mouravei Radev announced. The decision was prompted by a statement of Vladimir Donchev, an MP

Business | June 28, 2001, Thursday // 00:00 | Viewed: 698

SOFTWARE PIRACY COSTS BG ECONOMY $75 M BY 2004

Bulgaria can expect to lose over $75 M by 2004 to software piracy, according to a report released by Datamonitor. It says the software piracy rate in Bulgaria stands today at 78%, nearly double the rate of Western Europe (34%).

Business | June 28, 2001, Thursday // 00:00 | Viewed: 869

TRADE WITH BALKAN STATES TO BE LIBERALISED

A MEMORANDUM of understanding in the process of liberalisation and facilitating trade between Bulgaria, Albania, Bosnia and Herzegovina, Croatia, Yugoslavia, Macedonia and Romania was signed in Brussels yesterday. The signing of the document obliges the p

Business | June 28, 2001, Thursday // 00:00 | Viewed: 784

FOUR COMPANIES BID FOR BG DIGITAL TV NETWORK

Four companies would bid for a 12-year licence to build and operate the first digital television network in Bulgaria, the State Communications Commission announced. `They are eligible to participate in the tender for a six-channel digital TV network in So

Business | June 27, 2001, Wednesday // 00:00 | Viewed: 888

HAMPARTSOUMYAN CHOSEN AS THE NEW CHIEF OF BULBANK

Levon Hampartsoumyan, so far Executive Director of the Privatisation Agency, will be the new member and Chairman of the Managing Board of Bulbank, says the decision of the bank`s Supervisory Board. Hampartsoumyan will enter upon office on September 1, 200

Business | June 27, 2001, Wednesday // 00:00 | Viewed: 796

BULGARIAN SHIP CAUGHT AGAIN SMUGGLING DIESEL FUEL

The Hristo Botev boat was caught in an attempt to smuggle diesel fuel for the fourth time this year. The motorboat was impounded at the Vidin port.

Business | June 27, 2001, Wednesday // 00:00 | Viewed: 816

BULGARIA/ROMANIA AGREEMENT ON MESTA TANKER

Navigation Bulgare Maritime will pay $850.000 for the putting down of the fire that broke on the Mesta tanker on May 7, in the Romanian port of Constanta.

Business | June 27, 2001, Wednesday // 00:00 | Viewed: 878
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