Business

BECHTEL MAY INVEST UP TO USD 450 M IN BULGARIA

US company Bechtel representatives met with MPs of the National Movement for Simeon II Milen Velchev, Nikolai Vassilev and Antonia Parvanova to present their intention to take part in the construction of the Upper Arda cascade. The company is ready to lau

Business | July 15, 2001, Sunday // 00:00 | Viewed: 785

BUSINESS IN BRIEF

THE WORLD Bank has extended the term of the loan agreement with the Bulgarian State Railways by another year, until June 30, 2002, BDZ`s Gergana Ivanova told Agency Balkan. The credit provided by the WB amounts to USD 95 million.

Business | July 15, 2001, Sunday // 00:00 | Viewed: 422

TENDER FOR DANUBE BRIDGE BUILDING CONSULTANT

The consultant on the second Danube bridge constriction will be selected by the way of an international tender and will be known till end-2001, Standart daily said. The Management Committee of European Union ISPA program will decide early next week whethe

Business | July 15, 2001, Sunday // 00:00 | Viewed: 478

HUSBAND OF OUTGOING FOREIGN MINISTER INVESTIGATED

The Supreme Cassation Prosecutor`s Office will initiate the investigation against Kamen Mihailov, husband of the outgoing foreign minister Nadezhda Mihajlova, Standart Daily announced. Privatization of the former garage of the Central Committee of the Bu

Business | July 14, 2001, Saturday // 00:00 | Viewed: 470

DAEWOO SELLS SHARES IN INTERPRED AND SHERATON

Korea`s DAEWOO Corporation, owner of 70% of Interpred-World Trade Centre of Sofia, and of 67% of Sheraton Sofia Hotel Balkan, has asked the Privatisation Agency /PA/ for permission to transfer the shares to one of its subsidiaries. A month ago the Korean

Business | July 13, 2001, Friday // 00:00 | Viewed: 543

BALKAN AIRLINES AND VIRGIN ATLANTIC SIGN CONTRACT

Bulgaria`s carrier Balkan Airlines and Virgin Atlantic of the US concluded a contract on Friday for reciprocal recognition of flight fares from Sofia to eight destinations in the United States, the Balkan Airlines press centre announced. Balkan will sell

Business | July 13, 2001, Friday // 00:00 | Viewed: 662

OUTBREAK OF SEROUS MENINGITIS IN KURDJALI REGION

Serous meningitis is spreadingin the region of Kurdjali, Tanya Kamenova, chief expert at the Health Ministry, said on Thursday following an epidemiological survey. Twenty-nine children in 13 towns and villages were infected between June 12 and July 12.

Business | July 13, 2001, Friday // 00:00 | Viewed: 406

BUSINESS IN BRIEF

ROSSEXIMBANK opened another office in Sofia, occupying the central office of the bankrupt Mineralbank. Rosseximbank`s total assets amount to BGN 132 M, of them BGN 36 M comprise its credit portfolio.

Business | July 13, 2001, Friday // 00:00 | Viewed: 374

CITIBANK RAISES TOTAL ASSETS TO BGN 200 M

The total assets of Citibank Bulgaria, part of Citigroup Corp., currently amount to BGN 200 M, Citibank managing director for Bulgaria Plamen Ilchev announced.

Business | July 13, 2001, Friday // 00:00 | Viewed: 907

NEPF FINANCED 440 INVESTMENT PROJECTS

The National Environmental Protection Fund /NEPF/ financed 440 investment projects worth BGN 220 M in the past four years, outgoing Environment Minister Evdokia Maneva said in a report. Most of the funds were invested in the construction of waste treatmen

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 418

NESEBAR TO SUE THE PRIVATIZATION AGENCY

The Mayor of Nesebar Nikolay Trifonov has filed a case against the Privatisation Agency /PA/ for offering for sale several buildings in Sunny Beach resort. These are two hotels, a restaurant and a laundry.

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 611

BUSINESS IN BRIEF

NOKIA COMMUNICATOR 9210 was presented officially in Hilton Sofia for the media and top level decision makers in Bulgaria. ***

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 407

NEW REGULATIONS AT THE BG STOCK EXCHANGE

The Bulgarian stock exchange is to start working according to new regulations, enforced from July 16, officials from the stock exchange announced. The changes will concern the package deals.

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 489

50.1% OF BUDGETED ANNUAL TAX REVENUES COLLECTED

A total of 50.1% of the budgeted annual tax revenues were collected by June 30, 2001, the Chief Tax Directorate reported.

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 426

CONSORTIUM TO BACK VARNA SHIPYARD

A Bulgarian consortium of banks and companies is ready to support the rehabilitation program for the Varna Shipyard, proposed by the British Camell Laird, PARI Daily reported. Two weeks ago a meeting has been held among political leaders, representatives

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 430

ITALY INCREASES TRADE WITH BULGARIA IN 1STQ

In the first quarter of 2001, Italy increased its trade with Bulgaria by 17.3% in comparison with the year-ago period, bringing its value to $340.

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 487

NOKIA COMMUNICATOR 9210 FIRST STEPS IN BULGARIA

The newest mobile generation from Nokia: Communicator 9210 will be promoted Wednesday at Sofia Hilton officially and the first sales will go on until the end of the week in the country. Nokia Communicator 9210 comes to implement the news stage of the conc

Business | July 11, 2001, Wednesday // 00:00 | Viewed: 427

1600 KG. OF NARCOTICS BURNT IN FURNACES

1600 kg. of narcotics were burnt on Tuesday in the Kremicovtzi furnaces.

Business | July 10, 2001, Tuesday // 00:00 | Viewed: 561

FUNDS EXTENDED TO REDUNDANT MILITARY OFFICERS

The USAID will extend funding for civil qualification courses of 120 military officers made redundant as a result of the liquidation of Pirin Division of the Bulgarian Armed Forces. Some 120 officers out of 900 will study English.

Business | July 10, 2001, Tuesday // 00:00 | Viewed: 516

117 KILLED IN INDUSTRIAL ACCIDENTS IN 2000

117 people were killed in industrial accidents in 2000, Krassimir Totkov, Executive Director of the Chief Labour Inspectorate, announced on Monday. By comparison, 123 were killed in 1997, 104 in 1998, and 89 in 1999.

Business | July 10, 2001, Tuesday // 00:00 | Viewed: 541

RECORD LEVEL OF BG/GERMAN TRADE IN 1STQ

Bulgarian-German trade totalled DEM 757.3 M in the first quarter, according to preliminary data of the German Federal Statistical Service.

Business | July 10, 2001, Tuesday // 00:00 | Viewed: 397
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