Business

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: 463

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: 426

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: 432

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: 387

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: 515

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: 417

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: 560

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: 510

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: 521

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: 501

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: 376

BGN 1 M OF INVESTMENTS IN CULTURAL TOURISM

Nearly BGN 1 M 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-affiliated

Business | August 7, 2001, Tuesday // 00:00 | Viewed: 435

EXPORT OF CATTLE TO EU STATES ALLOWED

`Bulgaria is allowed to export cattle, sheep and goats to European Union member states in pursuance to Decision 2001/600/EC of the European Commission, published Friday`, the Ministry of Agriculture announced. Some restrictive measures concerning livestoc

Business | August 7, 2001, Tuesday // 00:00 | Viewed: 432

JAPAN TO INVEST IN BULGARIAN PROJECTS

The possible participation of Japanese funds in providing money to the project for a trunk-road connecting Sofia and Nis, Yugoslavia, was a subject to discussion between Deputy PM and Regional Development Minister Paskalev and Japanese Ambassador to Sofia

Business | August 6, 2001, Monday // 00:00 | Viewed: 346

DANUBE RIVER TRAFFIC ALLEVIATED

`The pontoon bridge over the Danube river at Novi Sad will be opened each night from October`, Danail Nedyalkov, general director of the Danube Commission, announced. In this way the river traffic will be gradually alleviated.

Business | August 6, 2001, Monday // 00:00 | Viewed: 410

$100 M SKI CENTER PROJECT DELAYED

`An improved environmental impact assessment on the Sutka project is to be submitted to the Ministry of Environment ??? ?????? in September`, the company`s manager Kostadin Mugev announced after a general shareholders meeting. The project concerns buildin

Business | August 6, 2001, Monday // 00:00 | Viewed: 435

MILES: GOVERNMENT SHOWS SIGNS TO IMPROVE BUSINESS

US ambassador to Bulgaria Richard Miles met businessmen and farmers from the Zavet municipality, a region with ethnically mixed population. He talked with participants in a Peace Corps project for

Business | August 6, 2001, Monday // 00:00 | Viewed: 309

KOREANS INTEND TO INVEST IN BULGARIAN IT BUSINESS

12 CEOs of Korean small and medium-sized enterprises fluent in the IT sector arrived on a five-day visit to Bulgaria to study the opportunities for trade and development of joint projects with Bulgarian partners. The delegation will visit Sofia, Veliko Ta

Business | August 6, 2001, Monday // 00:00 | Viewed: 416

BUSINESS IN BRIEF

The European Union has allowed the import of live sheep, goats and cattle from Bulgaria, except for animals from the regions of Yambol, Haskovo, Kardzhali and Burgas, which are close to the border with Greece and Turkey, the ministry of agriculture said.

Business | August 6, 2001, Monday // 00:00 | Viewed: 410

INTERNAL DEBT DOWN BY 3 PER CENT IN A WEEK

Internal debt to the commercial banks fell by 3.03% in the week to July 20 to a total of BGN 4.

Business | August 6, 2001, Monday // 00:00 | Viewed: 362

TRADE WITH COMPENSATORY NOTES TO BE LIMITED

A single register of compensatory notes and vouchers is planned to be set up with the Central Depository. The new government needs it in order to settle the problem with these instruments by collecting information about the amount and owners of compensato

Business | August 5, 2001, Sunday // 00:00 | Viewed: 477
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