Business

INVESTORS FROM JAPAN INTERESTED IN BALKAN

A group of Japanese companies, including Tokuda, is interested in buying the air carrier Balkan. The announcement was made by the financier Stoyan Alexandrov, managing Tokuda Credit Express bank and consulting the corporation in Bulgaria.

Business | July 9, 2001, Monday // 00:00 | Viewed: 991

DZI TO OFFER INSURANCE FOR FOREIGNERS

The State Insurance Institute (DZI) is to offer tourist insurance for foreigners, officials announced. The service provides insurances for foreign citizen in case of 6-month sojourn, as well as transit passing.

Business | July 8, 2001, Sunday // 00:00 | Viewed: 788

ECONOMY REPORTS GRADUAL IMPROVEMENT

The monthly survey of the economic situation conducted by the National Statistics Institute /NSI/ in the first two weeks of June show that the tendency for gradual improvement, observed in the past few months, is preserved though there is no considerable

Business | July 8, 2001, Sunday // 00:00 | Viewed: 784

FERRON LOST THE CASE ON DANIELI EQUIPMENT

The arbitration court at the Bulgarian Chamber of Commerce and Industry rejected as void the claim of Ferron Investment Ltd. against Kamet.

Business | July 8, 2001, Sunday // 00:00 | Viewed: 1048

CABLE & WIRELESS TO EXTEND GBP 15 000

The British Cable & Wireless /C&W/ will extend GBP 15 000 for the archaeological excavations near Veliko Tarnovo, conducted by English archaeologists, under its Public Investments program.

Business | July 8, 2001, Sunday // 00:00 | Viewed: 822

PA PUTS OFF DEALS TO THE NEW GOVERNMENT

Most of the deals and the opened privatisation procedures will be left to the next government because the present team of the Privatisation Agency /PA/ is unable to materialise them, officials from the PA announced. This decision was made because of the d

Business | July 8, 2001, Sunday // 00:00 | Viewed: 951

BIOCHIM READY TO SWITCH INTO EUR

Starting Monday Biochim`s clients will be able to transform, at their initiative, all their accounts in the 12 currencies of the countries in the Euro-zone into EUR, only by submitting an application to the branch of the bank where they hold an account. A

Business | July 8, 2001, Sunday // 00:00 | Viewed: 717

BUSINESS IN BRIEF

BULGARIA will provide 100 cargo carriages worth DEM 1.7 M for the needs of Macedonia`s railways.

Business | July 8, 2001, Sunday // 00:00 | Viewed: 930

BALKAN RESUMES FLIGHTS TO ATHENS

Balkan Airlines resumes its flights along the regional lines. The Sofia-Athens destination is to be resumed as of July 15 and Sofia-Istanbul-as of July 20.

Business | July 7, 2001, Saturday // 00:00 | Viewed: 947

CASES OF `MAD COW` AMONG HUMANS IN BG DENIED

`We are suffering moral damages, three of our patients wanted to be discharged after the information appeared that a patient with `mad cow` disease is hospitalised in our clinic`, Prof. Stefka Yancheva, director of the 1st Neurological Clinic `St.

Business | July 7, 2001, Saturday // 00:00 | Viewed: 2019

TWO WB PROJECTS TO SUPPORT AGRICULTURE

Two projects in support of Bulgaria`s agricultural development were signed by Finance Minister M. Radev and Andrew Vorkink, country director for Bulgaria at the World Bank (WB): the Cadastre and Land Registration project /EUR 33.

Business | July 7, 2001, Saturday // 00:00 | Viewed: 1169

NHIF`S INCOMES FIVE TIMES HIGHER THAN EXPENDITURES

The National Health Insurance Fund /NHIF/ reported Incomes for year 2000 amounting to BGN 549.195.

Business | July 7, 2001, Saturday // 00:00 | Viewed: 889

ELECTRICITY TO RISE BY 20% NEXT YEAR

The price of the electric power will rise by 10% to 20% in 2002, experts from the State Energy Agency (DAEER) announced. The rise is inevitable for new power capacities are put to operation, producing more expensive electricity.

Business | July 6, 2001, Friday // 00:00 | Viewed: 833

TURKEY MAY STOP BUYING ELECTRICITY FROM BULGARIA

Turkey may stop buying electricity from the beginning of 2003, because the contracts on power export have been repeatedly violated. This is an unofficial warning sent by Turkish power-supply company.

Business | July 6, 2001, Friday // 00:00 | Viewed: 706

IFC STILL HESITATES FOR THE SHIPYARD

We will work with the selected best candidate for the Varna Shipyard only after we get acquainted with the business plan, said a representative of the International Financial Corporation while commenting the possible participation in the purchase of the s

Business | July 6, 2001, Friday // 00:00 | Viewed: 834

BUSINESS IN BRIEF

THE SOFIA region will contribute and overall of BGN 952 million from personal income tax to the republican budget, based on the tax returns submitted so fat, the regional tax office announced. ****

Business | July 6, 2001, Friday // 00:00 | Viewed: 986

VEGETABLE WHOLESALE PRICES 20% UP

Tthe wholesale vegetable prices have gone 20% up for a year`s time, due to unfavourable weather conditions in spring and the rise in the electricity and fuel tariffs, said Alexander Iotsov, director of the Bulgarplod-Slatina wholesale market in Sofia. Th

Business | July 6, 2001, Friday // 00:00 | Viewed: 1144

14 HOTELS IN SUNNY BEACH RESORT TO BE SOLD

The Privatisation Agency will open new sale procedures for the hotels, restaurant and auxiliary facilities of the Sunny Beach sea resort. Instead of the negotiations with potential buyers, the agency will sell 14 hotels, 2 tennis courts, five eateries and

Business | July 5, 2001, Thursday // 00:00 | Viewed: 943

INQUEST INTO CHORNY`S MONEY IN CCB COMPLETED

The investigative authorities advised that Dimitur Dimitrov, dealer Pavel Trenev and another five employees of the Central Cooperative Bank (CCB) should be tried for the disappearance of $6 M, which businessman Michael Chorny, expelled from Bulgaria in 20

Business | July 5, 2001, Thursday // 00:00 | Viewed: 1151

STOMANA INDUSTRY TO RAISE CAPITAL TO $25 M

`The joint venture between Eurometal, leaseholder of the core assets of Somana-Pernik, and Greece`s Sidenor, which is part of Viohalco Holding, will raise the company`s capital from $10 M to $25 M in two months`, Lyudmil Stoykov, manager of Eurometal, whi

Business | July 4, 2001, Wednesday // 00:00 | Viewed: 1150

BUSINESS IN BRIEF

THE CONFEDERATION of Independent Trade Unions in Bulgaria /CITUB/ will require from the new parliamentary majority an amendment to be made, ruling that the receivables due to employees in cases of insolvency and bankruptcy, are a priority. The total amoun

Business | July 4, 2001, Wednesday // 00:00 | Viewed: 1108
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