Court of Appeals declared Vidachim, which was in a liquidation procedure, bankrupt, considered from June 21, 2001. Creditors Karbonex-Germany, First Private Bank, and Chimgasimpex won the case against the Vidin-based company, said Alexander Dimitrov,
The live road show to showcase Cisco AVVID: the architecture for e-business has been in 30 countries in Europe and the Middle East before coming to Bulgaria. On June 28 and 29, in front of the Hilton Hotel the multi-country road show will offer customers
Balkan Airlines` syndicates demand the sale of four TU 154-M planes be annulled. The complaint, filed in the Sofia Municipal Court, states the sale price is much lower than the actual market value.
Compaq Computer Corporation (NYSE: CPQ) and Intel Corporation today announced a multi-year agreement that accelerates availability of next-generation enterprise servers based on the Intel? ItaniumTM processor family. Both companies are strongly presented
Bulgaria will expand her exchange currency reserve if the population would bring out their own cash in European currencies and start selling them to the Bulgarian National Bank (BNB), said for the `Standart` bank experts. The Managers` Board of the Centra
BULGARIAN companies are attracting much interest at the Business Partnership forum, which started in Istanbul yesterday. The good
BULGARIA`S EXPORTS IN APRIL amounted to USD 372.1 million, imports stood at USD 521.
Democratic Party`s /DP`s/ leader Alexander Pramatarski is driving a black Mercedes S 500L, plate number C 0999 KT, which, according to customs documents which the PARI daily has, is registered to Commodity Market Iliyantsi EOOD.
Ms. Pirita Sorsa will sabstitude Peter Stella as a standing representative of the International Monetary Fund (IMF) for Bulgaria, the Ministry of Finance reported.
Privatization Agency Executive Director Levon Hampartsoumyan will be the new Bulbank Executive Director, several financial media announced simultaneously. Hampartsoumyan is supposed to take over Momchil Andreev`s chair in the biggest private Bulgarian Ban
HOT LINE FOR unfair spends of the foreign loans from the World Bank will be established soon in Bulgaria, Thomas O`Brien, local WB representative stated. Until now World Bank had financed projects for $495 M, another 133.
US famous beer Bud was banned on Bulgarian market as their Czech competitor Budwaiser Budvar won an intellectual rights property court case. The story dated long ago at 1911 when the court cases between the US Corporation and Czech brewery started suing e
The new National Audit Office Act to grant it the right to control the concessions, Associated Professor Georgi Nikolov is to propose. Many of the audit offices over the world are granted this right because one of the recommendations of the EU to the coun
BULGARIA has left behind half of the way to EU accession and the negotiations can be finalized by the end of 2005, which means that on January 1, 2007 Bulgaria can be roclaimed a EU member, said the Belgian ambassador, Edmond de Wilde, in Vratsa at a busi
The General shareholders` meeting of Albena AD, one of the biggest Black Sea resorts changed the board of directors today. The number of directors on the board was increased from five to seven.
A Bulgarian-Serbian joint venture, Vidtabac, will start a regular production of cigarettes in Paracin, Serbia, by the end of June. Machinery and equipment, owned by Bulfgaria`s Vidin BT factory, have been moved to Serbia and Bulgarian workers are now ins
Elections and governmental reshuffles in Bulgaria will not change the attitude of the World Bank towards the country, the WB Permanent Representative Thomas O`Brien said today. World Bank expressed interested in the economic policy that will be implemente
The US corporation `Entergy`, investing in the rehabilitation of the TPP Maritza-East 3 expressed its serious concerns about the statement of the king`s economic expert Milen Velchev about the upcoming deregulation of the energy sector, at a board meeting
Czech Deputy Prime minister Miroslav Gregr sent and angry letter to the Bulgarian Deputy PM Peter Zhotev about the privatization deal with water power cascade Sandanska Bistritsa. He asks Zhotev to be more involved and to puch the Privatization agency to
ProCredit Bank, newly established bank for small and medium-size funding is applying for license from the Bulgarian National Bank. EBRD, the International Finance Corporation further more Comerzbank and IMI are among the shareholders of the bank.
Bulgarian Telecommunications Company was assured today it would obtain the third GSM license in Bulgaria. It was done in an almost urgent matter in order to increase the price for the Telecom before it is privatized.
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability
