Business

`CONSTRUCTION AND REHABILITATION` CHIEF MAY CHANGE

The director of `Construction and Rehabilitation` state-owned company might be replaced. According to unofficial information, the leader of the Bulgarian Socialist Party, Georgi Parvanov, lobbies the Deputy Minister and Minister of Regional Development Ko

Business | September 13, 2001, Thursday // 00:00 | Viewed: 627

DEUTSCHE BANK TO PROPOSE STRATEGY ON TELECOM

Deutsche Bank representatives proposed a strategy for the BTC privatization at a meeting with the Deputy Prime Minister Nikolay Vassilev, Transport Minister Plamen Petrov and Deputy Transport Minister Nikolay Nikolov. The new contract between the Governme

Business | September 13, 2001, Thursday // 00:00 | Viewed: 644

LUKOIL RAISES FUEL PRICES

Lukoil-Nefotchim Burgas raised the plant fuel prices, starting at midnight on September 13. The international economic changes triggered by the terrorist acts in the United States necessitated the increase in the prices.

Business | September 12, 2001, Wednesday // 00:00 | Viewed: 587

IMF DID NOT APPROVE GOVERNMENT PROPOSALS

The International Monetary Fund`s /IMF/ mission insisted on a smaller VAT reduction during the negotiations on the Bulgarian macroeconomic framework for 2001 between representatives of the fund and the government. The fund did not approve the financial mi

Business | September 12, 2001, Wednesday // 00:00 | Viewed: 679

BUSINESS IN BRIEF

Two seminars, organized by the IT leader Compaq Computer, will take place on September 17 and September 18. The seminars are designed for its partners and customers.

Business | September 12, 2001, Wednesday // 00:00 | Viewed: 606

FORMER BALKAN CEO DENIED ARABIAN INVESTMENTS

The former president and CEO of Balkan Airlines, Zvi Frank, denied negotiations with Arabian investors for the sale of 75% of the Balkan airline shares. `It would be very good for Zeevi Group and for Bulgaria if there were such negotiations but believe me

Business | September 12, 2001, Wednesday // 00:00 | Viewed: 675

DEPUTY ECONOMY MINISTER CHAIR OF BULGARTABAC

The Deputy Economy Minister Lyubka Kachakova is the new Chairman of Bulgartabac`s Board of Directors. Georgi Popov was elected for Executive Director of the holding.

Business | September 11, 2001, Tuesday // 00:00 | Viewed: 571

HRANKOV NEGOTIATES HOTELS SALE

Saudi Arabia and Izrael investors showed interest in the hotel `Castle Hrankov`and the hotel complex `Hawaii Hrankov` in Dragalevtsi, near Sofia, Dnevnik Daily wrote. The announcement was made by Plamen Hrankov, the owner of `Hotel Chain Hrankov`.

Business | September 11, 2001, Tuesday // 00:00 | Viewed: 730

BUSINESS IN BRIEF

The European Bank for Reconstruction and Development nominated a Bulgarian project for building an information network on the integration of the minority groups in the public life, healthcare minister Bozhidar Finkov said on return from Dubrovnik. A new

Business | September 11, 2001, Tuesday // 00:00 | Viewed: 613

BLACK SEA CONFERENCE DISCUSSES BULGARIAN GROWTH

Bulgaria was often positively mentioned at the Black Sea- EU conference in Thessalonika. The goal was to outline the development of the 11 member states of the Black Sea Bank for Trade and Development /BSBTD/ and the opportunities for cooperation with the

Business | September 11, 2001, Tuesday // 00:00 | Viewed: 821

SHERATON SHARES TRADE TEMPORARILY STOPPED

The trade of the shares of Sheraton Sofia Balkan Stockholding Company stopped for one day. The reason for that was the announcement that the majority owner Daewoo Engineering & Construction Co.

Business | September 11, 2001, Tuesday // 00:00 | Viewed: 830

SUNNY BEACH RESORT ANNOUNCED FOR SALE

Privatization Agency starts selling the pearl of Bulgaria`s Southern Black Sea coast - Slanchev Briag (Sunny Beach). Starting from , in the following 10 days, a total of 14 hotels, 3 restaurants, 2 tennis courts and the laundry facilities of the complex a

Business | September 11, 2001, Tuesday // 00:00 | Viewed: 722

IMF MISSION ARRIVED FOR NEW AGREEMENT NEGOTIATIONS

The IMF mission arrived in Bulgaria for the negotiations on the new agreement with the Bulgarian government. The finance ministry has already prepared the macro framework of the budget that will be discussed with the experts.

Business | September 10, 2001, Monday // 00:00 | Viewed: 644

TRANSPORT MINISTER MET OTE AND INTRACOM DIRECTORS

The Bulgarian Minister of Transport and Communications Plamen Petrov met OTE current managing director Nikolaos Manasis at the Thessalonica Fair. The Hellenic Telecommunications Organization OTE is still interested in the privatization of the Bulgarian Te

Business | September 10, 2001, Monday // 00:00 | Viewed: 830

DEUTSCHEBANK CONSULTS ON THE BULGARIAN TELECOM

Representatives from the Deutschebank corporate finance and investment banking will consult the government on the privatization of the Bulgarian Telecom, starting this week. That was announced by the deputy prime minister and economy minister Nikolay Vass

Business | September 10, 2001, Monday // 00:00 | Viewed: 1413

ECONOMIC RELATIONS WITH RUSSIA TO BE IMPROVED

Deputy Ministers of Economy Lubka Kachakova, Dimitur Hadzhinikolov and members of Parliament participated in a round table, organized by the Bulgarian Embassy in Moscow. They discussed the possibilities for improvement of the economic relations between Ru

Business | September 10, 2001, Monday // 00:00 | Viewed: 600

BUSINESS IN BRIEF

First Investment Bank received $20 M credit from USAID. The money will be used for loans to Bulgarian firms, working in the spheres of tourism, transport, industry and information technologies.

Business | September 10, 2001, Monday // 00:00 | Viewed: 777

CRITERIA FOR BIG TAXPAYERS CHANGED

The criteria for big taxpayers tax registration will be changed. Anton Tonchev, General Tax Director, already issued the order for the changes.

Business | September 10, 2001, Monday // 00:00 | Viewed: 672

PERSIAN GULF COMPANIES MAY ACQUIRE BALKAN

The Emirates Group and Gulf Air are the two airlines that may invest in the Bulgarian Balkan airline, the management of the national carrier announced. Prime Minister Simeon Saxe-Coburg confirmed the information.

Business | September 9, 2001, Sunday // 00:00 | Viewed: 567

ONE KILLED AS TV CREWS CARS CRASHED

The sports reporters of the nation wide bTV and of Nova TV had a car accident on the Trakiya highway. One was killed as a result of the crash.

Business | September 9, 2001, Sunday // 00:00 | Viewed: 877

SWISS DELEGATION INTERESTED IN BULGARIAN ECONOMY

A Swiss economic mission led by Swiss Secretary of State and Head of the State Economy Secretariat David Zits will visit Bulgaria from September 11 to September 13. The main goal of the mission will be to gather information about Bulgaria`s economic polic

Business | September 9, 2001, Sunday // 00:00 | Viewed: 542
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