Business

Bulgarian Coast Welcomes First Summer Tourists

The first group of summer 2003 tourists in Bulgaria landed Monday on the coastal Varna airport. Their tour operator, Germany's Cur Club, is set to fetch more country fellows to the Black Sea in 2004 than previously.

Business | March 15, 2004, Monday // 00:00 | Viewed: 885

EBRD Praises Bulgaria's Progress

A delegation of the European Bank for Reconstruction and Development assessed highly Bulgaria's progress during their meeting with President Parvanov. It was pointed out that Bulgaria is an excellent example of the successful work of the EBRD.

Business | March 15, 2004, Monday // 00:00 | Viewed: 964

Bulgaria Stirs Interest at Berlin's Tourism Expo

Bulgaria has stirred great interest among visitors of the Tourism Expo Berlin 2004, Bulgarian Darik radio reported. Most of the people are interested in the cultural tourism, Ivailo Gyurov, chief executive of Bulgaria's National tourism and advertising a

Business | March 15, 2004, Monday // 00:00 | Viewed: 905

Old Style Hotel Built in Bulgaria's Former Capital

An old-world style hotel rose in Veliko Tarnovo, Bulgaria's former capital and a town of ancient history. The Tsarevets hotel was actually an old house built in 1891, and its restoration cost more than BGN 600,000.

Business | March 14, 2004, Sunday // 00:00 | Viewed: 962

Bulgarian Customs Upbeat about 2004 Income

Bulgaria's customs chief said Saturday that this year's income should reach BGN 3.5 B.

Business | March 13, 2004, Saturday // 00:00 | Viewed: 731

Unit 5 of Bulgaria's N-Plant Switched Off for Repair

Unit 5 of Bulgaria's only nuclear power plant was switched off grid early on Saturday, in order for repair works to be done. The reactor has to be reloaded, and 25 measures of a special modernization program will be implemented.

Business | March 13, 2004, Saturday // 00:00 | Viewed: 690

Bulgaria Ranks Seventh Most Attractive Tourist Destination

Bulgaria ranks among the top seven tourist destinations, according to a survey by the TUI, the biggest European tour operator. The news broke just a day before the Tourism Expo Berlin 2004 kicks off on Saturday.

Business | March 12, 2004, Friday // 00:00 | Viewed: 1209

Bulgaria to Impose 15% Corporative Tax in 2005

Bulgaria will see a decrease of the corporate tax in 2005, Finance Minister Milen Velchev announced in an online chat. The corporate tax will be reduced from 19,5% to 15%.

Business | March 12, 2004, Friday // 00:00 | Viewed: 666

Bulgaria Happy with 2003 Tourism Flow

Bulgarian authorities expressed content with the constantly increasing number of foreign tourists. The country's efforts to become a desired holiday destination have brought more than six million foreign visitors last year.

Business | March 12, 2004, Friday // 00:00 | Viewed: 824

Austria's Nabucco to Construct Pipeline Passing Through Bulgaria

Austria's Nabucco consortium has started searches over the construction of a petrol pipeline passing through Bulgaria. The registaration papers for the forming of Nabucco Company Pipeline Study GmbH have already signed.

Business | March 12, 2004, Friday // 00:00 | Viewed: 1117

Sale of Bulgaria's Tobacco Giant Factories Starts in 3 Months

The procedures for the privatisation of Bulgartabac factories and their restructuring will start in about three months after Bulgaria's tobacco giant signed a contract with sale consultant Morgan Stanley & Co. March 11.

Business | March 11, 2004, Thursday // 00:00 | Viewed: 1364

Report: Bulgaria's Telecom Evaluated at EUR 1 B

Bulgaria's telecom costs at least EUR 1 B, according to a report by Deutsche Bank of London, consultant on BTC privatization deal. It has evaluated the company's 100 percent stake at minimum EUR 476 M and up to EUR 1.

Business | March 11, 2004, Thursday // 00:00 | Viewed: 919

Bulgaria Upbeat on Electricity Exports after 2007

Bulgaria will continue to export electricity even if it sticks by its commitment to close two of its older nuclear power units by end-2006 in view of its EU accession.

Business | March 10, 2004, Wednesday // 00:00 | Viewed: 883

Bulgarian Student Becomes "Finance Minister for One Day"

Milen Burilkov, a student at Sofia's First English Language High-School, got the chance to spend one day with Bulgaria's Finance Minister Milen Velchev and to become "Finance Minister for One Day". The teenage boy is a part of the Junior Achievement Bulga

Business | March 10, 2004, Wednesday // 00:00 | Viewed: 843

Builder of First Bulgarian Mall Known in April

The company that will be contracted for building Mall of Sofia - Bulgaria's largest trade, business and entertainment center - will be known in April. So far, eleven local and international companies have been invited to submit their bids.

Business | March 10, 2004, Wednesday // 00:00 | Viewed: 1036

Bulgaria's BenchMark Awarded Investment Intermediary Licence

Finance and investing company BenchMark Group was awarded an investment intermediary licence by the Financial Supervision Commission on March 9. BenchMark Finance investment intermediary will focus on trade with shares, bonds, state securities, auctions

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 1689

Bulgarian Business to Benefit from Foreign Policy Achievements

Bulgaria's foreign policy priorities and its role for the business climate improvement in the country were presented Tuesday in a lecture delivered to the Bulgarian Business Leaders Forum (BBLF) by Foreign Minister Solomon Passy. The meeting was attended

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 793

Bulgaria-Made Tuborg on The Market by May

Tuborg beer made in Bulgaria will land on the market by May this year, Carlsberg-Bulgaria Executive Alexander Grancharov announced. The famous beverage will be produced at the Shumensko Pivo brewery.

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 1058

No Variables in Bulgaria's Telco Deal Parameters

There can be no change in the parameters of the deal for sale of 65% stake in Bulgaria's dominant landline carrier BTC after the signing of the contract, Iliya Vassilev, head of Bulgaria's sale body the Privatisation Agency, told private national TV chann

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 1168

Bulgaria to Build Housing in Moscow

Bulgarian civil engineering company is set to build 75,000 sq.m of housing with social infrastructure in the west of Moscow by the end of 2004, Vladimir Resin, first deputy Mayor in the Moscow government said on Tuesday, RIA Novosti reported.

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 746

Russian Units Tipped for Bulgaria's Second N-Plant

Preliminary results from the report on ecology impact of second Bulgarian n-plant Belene have revealed that the pressurized-water reactor, such as the Russian VVER, is better for equipment, Krassimir Nikolov, Chief of the Belene Construction Works Directo

Business | March 9, 2004, Tuesday // 00:00 | Viewed: 1296
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