Business

RAMSTORE HYPERMATKET OPENED IN SOFIA

Turkish Koc Holding opened first Ramstore Hypermarket in Sofia at the end of the week. More than 5000 goods are for sale, 90% of them Bulgarian or Turkish.

Business | May 20, 2001, Sunday // 00:00 | Viewed: 1486

AREMIS SOFTWARE AGAIN AT NASDAQ

AremisSoft stocks are back at Nasdaq (AREM) after the management decided to stop the trade for one day. `AremisSoft is among the biggest software companies in the world and the stock changes are a common thing that can happen to every company`, Vassil Kol

Business | May 19, 2001, Saturday // 00:00 | Viewed: 527

KING SIMEON LEADS PRE ELECTION RACE

King Simeon II is the absolute leader in terms of confidence by Bulgarian voters, recent opinion polls show. MBMD pooling agency survey, conducted May 11 to May 16, ranks King Simeon II first with 66%.

Business | May 19, 2001, Saturday // 00:00 | Viewed: 723

UNIONS PROMPT INVESTIGATION IN BALKAN

Trade union Promyana approached the Prosecutors Office with a claim for fresh investigation in questionable deals struck by Israeli Zeevy Holdings Group, owner of national air carrier Balkan Airlines. The unionists insist that large sums have been transfe

Business | May 19, 2001, Saturday // 00:00 | Viewed: 449

WB DEVELOPS NEW 3 YEAR STRATEGY

The World Bank (WB) is currently developing its new three-year strategy for Bulgaria. WB experts are drafting a best and a worst case scenario hinged to the outcome of the general elections in this country, scheduled for June 17, 2001.

Business | May 19, 2001, Saturday // 00:00 | Viewed: 614

GERMANY DONATES DEM 20 M FOR NEW BRIDGE

The German Government donates DEM 40 million for the construction of the second bridge over the Danube, Leo Kreutz, department chairman at the German Economy Ministry said. Danube Bridge II is one of the projects to be financed by the German Ministry.

Business | May 19, 2001, Saturday // 00:00 | Viewed: 472

URF PARTY STOPPED IN KEY REGION

Union of Right and Freeedom, mainly the Turkish minority party was rejected registration in key region of Blagoevgrad today with the formal reson that the delayed over the final deadline - 7 p.m.

Business | May 19, 2001, Saturday // 00:00 | Viewed: 560

BG TELECOM TO LAUNCH INTERNET BUSINESS

Bulgarian Telecomunications Company announced a USD 500 000 deal with France telecom for the french shares in GUCIS Intener operator. BTC.

Business | May 19, 2001, Saturday // 00:00 | Viewed: 703

AREMISSOFT REAFFIRMS BULGARIAN CONTRACT

The US AremisSoft, a leading software supplier listed at Nasdaq (AREM), USD 525 M market capitalization, reaffirmed today its Bulgarian contract with the National health Insurance Fund. The contract was signed back in December 1999 for IT solutions at the

Business | May 18, 2001, Friday // 00:00 | Viewed: 465

STATE INSUARER PRIVATIZATION FINALIZED

The privatization deal for the state monopolist State Insurance Institute (SII) will be finalized most likely by the end of May. The only bidder for SII is a consortium between TBI Holdings and the SII 2000 MEBO.

Business | May 18, 2001, Friday // 00:00 | Viewed: 666

BULGARIAN HAULIERS TO TRAVEL VISA FREE

- Bulgarian hauliers will travel visa-free to EU member countries, Nadezhda Mihailova, Minister of Foreign Affairs, announced. The sensitive issue for the Bulgarian hauliers was the crossing of the Greek and Italian borders.

Business | May 18, 2001, Friday // 00:00 | Viewed: 591

SUBSIDY FOR CRIME COMBAT

A Bulgarian levs (BGN) 727,000 subsidy was extended by the Cabinet for additional financing of the institutional building of the information system for the combat of crime. Introduction of the system was initiated back in 1998.

Business | May 18, 2001, Friday // 00:00 | Viewed: 576

ECONOMIC GROWTH 5.8% IN 2000

The economic growth was 5.8 percent in 2000, the Agency for Economic Analyses and Forecasts (AEAF) said in its annual report.

Business | May 18, 2001, Friday // 00:00 | Viewed: 733

UNEMPLOYMENT UP TO 18.51 PERCENT

The unemployment rate in Bulgaria was 18.51 percent in April, up compared month-on-month, the National Employment Service (NES) reported.

Business | May 18, 2001, Friday // 00:00 | Viewed: 526

SWISS GRANT FOR REHAB CENTER

The Swiss government and Swiss donors invested 400 000 Swiss franks in the construction of a center for the rehabilitation of patients after heart attack, brain stroke and traumas at the hospital of Dobrich. H.

Business | May 18, 2001, Friday // 00:00 | Viewed: 624

RUSSIANS WILLING TO BUY `KAOUTCHOUK` PLC

Russian company is willing to buy the Pasardzhik-based `Kaoutchouk` PLC. for $20 M.

Business | May 18, 2001, Friday // 00:00 | Viewed: 633

BRITISH GOVERNMENT TO FUND BG CUSTOMS

The British government will finance a project for the construction of a terminal at the Kapitan Andreevo checkpoint worth $1.5 to 2 M, British Ambassador to Bulgaria Richard Stagg announced.

Business | May 17, 2001, Thursday // 00:00 | Viewed: 521

MELROSE UNIT GETS BG GAS CONCESSION

Petreco S.A.

Business | May 17, 2001, Thursday // 00:00 | Viewed: 542

SIMEON II NOT TO RUN FOR PARLIAMENT

Simeon II will not run for parliament, Prof. Georgi Petkanov, Deputy Chief Organizer of the Simeon II National Movement, confirmed.

Business | May 17, 2001, Thursday // 00:00 | Viewed: 631

BNR MANAGEMENT DISMISSED

The managing body of the Bulgarian national radio was dismissed on the decision of the National Council for Radio and Television. Ivan Borislavov is removed from the director`s post in compliance with the court ruling stating that he had been elected ille

Business | May 17, 2001, Thursday // 00:00 | Viewed: 465

SKY VISION STEPPED ON THE BG MARKET

The UK-based Sky Vision, one of the biggest satellite Internet suppliers in Europe, chose ITD Network as a strategic partner for Bulgaria. The deal is part of the plans of Sky Vision`s for expansion in Eastern Europe.

Business | May 16, 2001, Wednesday // 00:00 | Viewed: 489
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