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.
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
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
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.
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.
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
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.
- 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.
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.
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
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.
50% more Chinese Tourists in Bulgaria
Potentially Defective Aluminum was used by All Car Manufacturers in Japan