Business

BUSINESS IN BRIEF TODAY

THE FOREIGN currency reserves stood at BGN 7 Bln as of end-June, central bank figures show. For a year the reserve has grown by 13.

Business | July 1, 2001, Sunday // 00:00 | Viewed: 425

EIU REVISED ITS FORECAST ON BULGARIA

The Economist Intelligence Unit /EIU/ revised its forecast for private and public consumption, imports and the budget deficit in 2002 according to the latest EIU report on Bulgaria because of higher spending plans by the incoming government.

Business | July 1, 2001, Sunday // 00:00 | Viewed: 458

BAN ON VIP TERMINAL PROJECT FINANCING VIOLATED

A day before outgoing Finance Minister M. Radev banned the financing for all auxiliary investment projects, the Ministry of Transport and Telecommunications transferred a BGN 2 M for the completion of the government VIP terminal at the Sofia Airport.

Business | July 1, 2001, Sunday // 00:00 | Viewed: 523

TURKEY LIFTED VISAS FOR BULGARIANS

Bulgarian tourists will be able to spend up to three months in Turkey without a visa, according to a decision announced by the Turkish government. The new regime is effective as of today.

Business | July 1, 2001, Sunday // 00:00 | Viewed: 421

OVER 150 HOSPITALS APPLIED TO NHIF

Over 150 hospitals submitted documents to the National Health Insurance Fund (NHIF) for signing contracts, Dimiter Iliev, Director of Health Insurance Budget Department of the fund, announced. The hospitals are obliged to provide information on the equipm

Business | July 1, 2001, Sunday // 00:00 | Viewed: 531

NPP KOZLODUI TO RECEIVE NUCLEAR FUEL FROM RUSSIA

Russian company Tvel will supply new nuclear fuel for the small reactors of Nuclear Power Plant Kozlodui, 24 Hours daily announced. The news was announced after the term for submitting offers had expired.

Business | July 1, 2001, Sunday // 00:00 | Viewed: 519

BGN 11.6 BLN NECESSARY ON ENERGY SAVING

The average specific consumption of power may dropped by 50% in the existing housing fund, if the energy saving measures are implemented, show the calculations of the National Energy Saving Effectiveness Plan, promoted by the State Energy Effectiveness Ag

Business | July 1, 2001, Sunday // 00:00 | Viewed: 411

CURRENCY EXCHANGE FOR EUROS IN BG STARTS IN 2002

Twelve European currencies will be exchanged for euros in Bulgaria starting January 1, 2002. The single European currency will replace the monetary units of Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, P

Business | June 30, 2001, Saturday // 00:00 | Viewed: 481

SOLVAY SODI SODA ASH MAKER WITH $ 3.7 M NET PROFIT

The Solvay Sodi soda ash maker reported a net profit of $ 3.7 M for last year.

Business | June 30, 2001, Saturday // 00:00 | Viewed: 800

NUMBER OF `LIFE` INSURANCES IN BG DROPPED

1.094 million life-insurance contracts were effective in 2000, show the data of the Insurance and Gambling Supervision Agency (IGSA).

Business | June 30, 2001, Saturday // 00:00 | Viewed: 371

PEOPLE SMUGGLING RING TROUGH BG BROKEN

A ring smuggling foreigners through Bulgaria was broken in a joint operation of the local police and the Regional Service for Organized Crime Control. Twelve illegal aliens were caught in the operation before sneaking into Yugoslavia.

Business | June 30, 2001, Saturday // 00:00 | Viewed: 437

NETF FUNDED 46 ENVIRONMENTAL PROJECTS IN BG

In the five years since its establishment, the National Environment Trust Fund (NETF) has funded 46 environmental projects (half of them already completed) which have cost a total of BGN 118 M. Some BGN 30 M was granted by the NETF.

Business | June 30, 2001, Saturday // 00:00 | Viewed: 451

BULGARIA SHOWS PROGRESS TO THE EU

At a meeting of the European Integration Council the Government heard information on the country`s progress in implementing the EU membership criteria. The information has been prepared to be used in the annual report of the European Commission on the pro

Business | June 30, 2001, Saturday // 00:00 | Viewed: 561

MINISTER SAID CONTRACT WITH AREMISSOFT IS CLEAR

Health Minister Ilko Semerdjiev has not been officially served an indictment, the Health Ministry press office told BTA Friday following press reports that Semerdjiev would be held liable for violations of the Public Procurement Act in signing a contract

Business | June 30, 2001, Saturday // 00:00 | Viewed: 569

EU TO PROVIDE 8.89 M EUROS TO BG

The EU is going to provide 8.89 M euros to Bulgaria for a project under the Phare Programme, entitled `Grant Scheme for Introducing Quality management Systems`, the Economy Ministry announced.

Business | June 29, 2001, Friday // 00:00 | Viewed: 421

ADS ON BRIDGES AND TUNNELS BANNED

The mounting of advertising and commercial facilities will not be allowed near road junctions and crossroads, reads an ordinance on the special use of roads, which was passed by the cabinet yesterday.

Business | June 29, 2001, Friday // 00:00 | Viewed: 453

BUSINESS IN BRIEF TODAY

YUGOSLAVIA becomes a member of the Black Sea Energy center in September, said Lyulin Radulov, chairing the center. THE CABINET approved the proposal of the State Telecommunications Commission for awarding a 15 year license to the Bulgarian National Telev

Business | June 29, 2001, Friday // 00:00 | Viewed: 476

SELLING BRADY BONDS RECOMMENDED

One of the world`s biggest investment banks, Bear Stearns, recommended to its clients yesterday to sell Bulgarian Collateralised Discount Bonds /DISCs/. Bulgaria`s Brady bonds rose considerably before and immediately

Business | June 29, 2001, Friday // 00:00 | Viewed: 450

40% POPULATION UNDER 100 LEVS MONTHLY

40% of the Bulgarian nationals live with less than 100 levs monthly, show the last data of the National Statistics Institute (NSI). The average annual earnings per capita is worth 1,587 levs, while per month it is 132.

Business | June 29, 2001, Friday // 00:00 | Viewed: 465

BTC WON THE DIGITAL TV LICENSE

BTC won the license for a digital TV network for $75 000. Four companies competed at the public tender in the National Palace of Culture: BTC, Ring CV, private cable television Evrotur Sat TV Engineering and Union Television.

Business | June 28, 2001, Thursday // 00:00 | Viewed: 454

PROJECTS` FUNDING SUSPENDED DUE TO KING`S MP

The Finance Ministry suspended the funding of all projects under the so-called additional programme for investments in municipalities, outgoing Finance Minister Mouravei Radev announced. The decision was prompted by a statement of Vladimir Donchev, an MP

Business | June 28, 2001, Thursday // 00:00 | Viewed: 469
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