Business

MUNICIPALITIES DISCUSS WITH FINANCE MINISTER

National Association of Bulgarian Municipalities will meet with finance minister Milen Velchev today to discuss the 2002 budget related with the municipal budgets and the 2001 budget, chairwoman Ginka Chavdarova said. An agreement between the association

Business | August 13, 2001, Monday // 00:00 | Viewed: 688

NEW TOBACCO BUSINESS REGULATIONS REQUIRED

Association of Private Tobacco Growers insisted on urgent amendments to the implementing regulations for the Tobacco Act and on the state`s active involvement in stipulating the procurement prices of tobacco. Within two weeks I will propose that the new q

Business | August 13, 2001, Monday // 00:00 | Viewed: 710

US FIRM ALSO LOOKS AT VARNA SHIPYARD

We negotiate with three investors aspiring for the `Varna Shipyard`. These are: Bulgarian consortium between `Bulgaria Holding` and `Odesos` dockyard, the U.

Business | August 13, 2001, Monday // 00:00 | Viewed: 739

ONE MILLION FOR CULTURAL TOURISM IN TURNOVO

Nearly 1 million leva of investment have been attracted to the development of cultural tourism in Veliko Turnovo as a result of the 4th International Folk Festival, held here between June 30 and July 7. The Festival is under the auspices of the UNESCO-af

Business | August 12, 2001, Sunday // 00:00 | Viewed: 705

BUSINESS IN BRIEF

Prime Minister of Bulgaria will have 1327 Bulgarian leva monthly salary, same as the speaker of the parliament. The amount of leva equals to the same amount of German marks.

Business | August 12, 2001, Sunday // 00:00 | Viewed: 1169

BMW VARNA DEALER SHOT DEAD

BMW dealer in Vrana Lazar Anev (33) and his bodyguard were shot dead on Fiday. Anev was the owner of Albion Cars company and ran also several hotels.

Business | August 11, 2001, Saturday // 00:00 | Viewed: 1455

LAWYER TO CHAIR PRIVATIZATION SUPERVISORY BOARD

Jurist Petko Nikolov is the new head of the Supervisory Board of the Privatisation Agency. He was elected with consent at the first sitting of the Board.

Business | August 10, 2001, Friday // 00:00 | Viewed: 826

US SUPPORT FOR BULGARIAN HIGH TECH DEVELOPMENT

New ideas for cooperation in high-tech and telecommunications topped the agenda of a meeting between Transport and Telecommunications Minister Plamen Petrov and US Ambassador here Richard Miles. Petrov said that US partners should assist more actively in

Business | August 10, 2001, Friday // 00:00 | Viewed: 725

VICTORIA HOTEL PRIVATISATION CANCELLED

The Privatisation Agency cancelled the privatisation procedure for Hotel Victoria in the village of Ognyanovo, Gotse Delchev municipality. The procedure was re-opened on May 29, 2001, as one of the last decisions endorsed by the former PA CEO, Levon Hampa

Business | August 10, 2001, Friday // 00:00 | Viewed: 665

RAILWAYS PROGRAM LAUNCHED BY THE END OF 2001

`A new rehabilitation programme for the Bulgarian State Railways will be launched by this year`s end`, Transport Minister Plamen Petrov announced on Thursday. A new management concept will be developed for the troubled state-owned railways.

Business | August 9, 2001, Thursday // 00:00 | Viewed: 653

PARLIAMENT ON A NEW IT LEVEL

BGN 680,000 from the parliamentary budget have been set aside for the purchase and installation of computer equipment in parliament, National Assembly General Secretary Ognyan Avramov said. The PC provider will be chosen under the Public Procurements A

Business | August 9, 2001, Thursday // 00:00 | Viewed: 690

KREMICOVTZI TO BUILD DISTRIBUTION NETWORK

In the next 5 years Kremicovtzi Plc. steelworks will open 8 trade outlets around the country, worth a total of BGN 25 M, as part of its domestic distribution network, the board of directors decided.

Business | August 9, 2001, Thursday // 00:00 | Viewed: 648

BUSINESS IN BRIEF

THE BULGARIAN TELECOMMUNICATIONS COMPANY must re-launch the tender on telephone highway cables` supplier, as only one candidate, the MG plant Elcable of Burgas, showed in the first tender. According to the Bulgarian legislation at least three bidders shou

Business | August 9, 2001, Thursday // 00:00 | Viewed: 771

ELECTRONIC CERTIFICATES NETWORK TO BE BUILT IN BG

`The construction of a Bulgaria-based network for issuing e-certificates began`, Information Service Plc. announced.

Business | August 9, 2001, Thursday // 00:00 | Viewed: 610

ECONOMY MINISTRY REDUCED BY 20 PER CENT SOON

Honesty, responsibility and professionalism are the three qualities, which will be valued in the Ministry of Economy. That was what its chief Nikolay Vassilev said yesterday at his first meeting with the chiefs of directorates in the Ministry, held in the

Business | August 8, 2001, Wednesday // 00:00 | Viewed: 914

KOREANS TO INVEST IN BULGARIAN HIGH TECH

Representatives of 12 Korean tech companies have arrived on a five-day visit to Bulgaria to seek opportunities for investing in the growing technology sector of the Balkan state. Delegation head Charm Lee told Reuters thatKorean companies had been attract

Business | August 8, 2001, Wednesday // 00:00 | Viewed: 932

BALKAN AIRLINES: BGN 10 MILLION REVENUE

He revenue made from March 12, when the Balkan Airlines were officially ruled insolvent, up to June 30, stands at BGN 9.656 million.

Business | August 8, 2001, Wednesday // 00:00 | Viewed: 858

BGN 30 MILLION INVESTED IN THE SEA SIDE HOTEL

The money initially invested in the reconstruction of the `International` hotel in `Zlatni Pyasatsi` (Golden Sands) resort equal 30 million levs, said Nikolay Valkanov, CEO of `MG Bulgaria` AD at the inauguration of the five-star hotel. Iliya Pavlov, pres

Business | August 8, 2001, Wednesday // 00:00 | Viewed: 4885

FINANCIALS TO COOPERATE WITH US SERVICES

The Bulgarian Bureau of Financial Investigation and the Financial Crimes Enforcement Network with the US Treasury Department agreed to sign a memorandum of understanding and information exchange. The agreement was reached during the two-week working visit

Business | August 7, 2001, Tuesday // 00:00 | Viewed: 715

BUSINESS IN BRIEF

`DEVIN PLC. started exporting mineral water from the Devin region (the Rodophe mountains, Southern Bulgaria) to Greece`, the company`s Commercial Director Valentin Ignatov announced.

Business | August 7, 2001, Tuesday // 00:00 | Viewed: 1044

HEMUS AIR DEAL MIGHT BE REVISED

The new Supervisory Board of the Privatization Agency will be summoned immediately after the promulgation of the parliament`s decision, said for Standart Daily Petko Nikolov, elected from the NMS II quota. The publication in the `State Gazette` is expecte

Business | August 7, 2001, Tuesday // 00:00 | Viewed: 587
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