AIR ATLANTIC LOOKS OVER BALKAN
Consortium Air Atlantic is willing to look over posiblitties to be strategic investor in Balkan Airlines, A. Tomov, Euroleftist party chairman said.
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IN JUNE OPTICAL FROM HASKOVO TO KAVALLA
EU PHARE program provided EUR 1.6 M for the building of optical cable line between South East Haskovo and Kavalla in Northern Greece.
ERICSSON PROMISED BG SUPPORT
Ericsson will be the official Bulgarian consultant for the liberalization of the local telecom market in 2002, was announced in Stockholm after BG Deputy PM P. Zhotev met K.
BUSINESS EASTER APRIL 16 & 17 2001
Bulgarians living abroad and having succesful businesses will gather in Sofia April 16 and 17 for a meeting called Bulgarian Easter. Bulgarians living abroad becomes more and more fluent in the local business events.
UMTS IN BULGARIA AFTER 2004
UMTS licence will be delivered in Bulgaria after 2004, Grozdan Karadzhov, deputy-miniter of telecommunications said. Earlier the ministry announced it might be done in 2008.
CISCO TO DELIVER EQUIPMENT FOR MF
Cisco will deliver the equipment for the Bulgarian Ministry of finance through its local partner Lirex. First stage of the project is estimated for USD 1,5 M and includes delievery, assembling, maintaince and management of the equipment for 300 customers
KAPUSTIN SENTENCED TO 23 Y IN PRISON
Canadian citizen Michael Kapustin was sentenced to 23 years in prison by the Sofia court. Kapustin was a CEO of Life Choice International company, declared bankrupcy a couple of years ago and then left thousands of shareholders with no savings.
JAN/FEB: 1% INFLATION
Inflation From The Beginning Of The Year Amounted To 1 Per Cent by the official statistic today. January 2001 it was 0.
RODINA PRINTING HOUSE ON SALE
Rodina Printing House will be announced for sale soon, AP experts said. The building is located next to Sofia Airport and could be a potential luxury business center, not having in mind the modern printing equipment.
EUR 3.8 BLN FOR BG TRANSPORT
EUR 3.8 Bln will be invested in transport in the next 5 years, minister Slavinski said.
KRAFT FOODS AQUIRES COFFEE PRODUCER
Kraft Foods purchased the biggest BG coffee producer Nova Brazilia. The deal, signed a month ago was oficially permitted by the Competition Commission.
KOKKALIS NEXT HARDVARD PROGRAM
Second meeting of Balkan countries representative behan in the Harvard University in Boston. 25 representatives will discuss on economic and political co-operation and development with prominent lecturers.
EL AL RESTORES FLIGHTS TO BG
El Al resumes regular flights to Sofia, Emanuel Zisman, Israeli ambassador to Sofia said. After Balkan closed all destination a month ago Tel Aviv destination remained empty and the only connections between BG and Israel were via Istanbul, Athens or Warsa
HEMUS AIR FOR SALE PARTLY
Hemus Air the current largest local carrier will be sold soon under so called delayed acquisition procedure, AP director Levon Hampartzumjan said. The procedure will be in two parts - 34% will be the first privatized share, later another 17% will be add.
2008: BULGARIA IN EU SAID DB
Bulgaria and Romania will become members of EU not earlier than 2008, Deutsche Bank analysis said quoted by the Italian Sole 24 Ore. Turkey prospects for EU accession are of longer terms, Croatia must improve for membership in mid-terms.
27% OF BULGARIANS IN BANKS
Only 27% of the Bulgarians have been clients of banks in 2000, a GfK survey says . The five most used banks in Bulgaria are DSK, UBB, Hebros, Bulbank, and Biohim.
INTERNET CONFERENCE: MAY 11
Business in Internet 3rd International Conference will take place at Sheraton Sofia May 11, Maxim Behar, M3 Communications Group, Inc. (www.
RADISSON SAS IN SOFIA
Radisson SAS Grand Hotel opened in the heart of Sofia. The perfect location of the hotel - in the center of the town makes it a perfect meeting point for the local community and for the foreigners visiting the country.
Highlights
Ambassador Talks
Russia's Invansion of Ukraine
COVID-19 in Bulgaria
Ups & Downs
Google Street View is again on its way through Bulgaria
Bulgaria has the Largest Gray Economy in Europe
