Business

LUKOIL STEPS UP MAJOR UPGRADE OF NEFTOHIM REFINERY

Russia`s LukOIL plans to expand production lines and introduce new products as part of a planned major upgrade to its Bulgarian refinery Neftohim. The U.

Business | July 26, 2001, Thursday // 00:00 | Viewed: 683

RODOPA INVEST FAILED TO PAY BACK SALARIES

The amount of BGN 492,786 has been extended to the Madan municipality few days prior to the elections for buying the museum of mining, the Crystal Hall and a few sports sites from the privatised mining entity Gorubso. Thus the municipality had to acquire

Business | July 25, 2001, Wednesday // 00:00 | Viewed: 549

BULGARIA INVEST TO SERVE DINERS CLUB CLIENTS

Bulgarian Invest commercial bank is to take up the servicing of Diners Club`s clients. A credit card contract has been already signed with the international organisation for card payments.

Business | July 25, 2001, Wednesday // 00:00 | Viewed: 569

VARNA TO OPEN BUSINESS CENTER IN HARKOV

Varna will open a business center in the Ukrainian town of Harkov by the end of the year. The center will be promoting Varna-based businesses.

Business | July 25, 2001, Wednesday // 00:00 | Viewed: 563

DUTCH COMPANY TO INVEST DEM 50 M IN A RESORT

The Dutch company Capital Ground Building Invest will build a resort complex nearby Pomorie. `This is the largest investment in the Pomorie area, worth some DEM 50 M`, the mayor said.

Business | July 25, 2001, Wednesday // 00:00 | Viewed: 639

BUSINESS IN BRIEF

HEBROSBANK reported a BGN 5.1 M profit for the first half of the year.

Business | July 25, 2001, Wednesday // 00:00 | Viewed: 564

BTC REPORTED BGN 95 M PROFIT

The Bulgarian Telecommunications Company reported a 15.1% revenues` growth for the first half of 2001, compared to the year-ago period.

Business | July 24, 2001, Tuesday // 00:00 | Viewed: 402

SOFIA BT WITH RECORD OUTPUT FOR YEAR 2000

Sofia BT reported a record high output of cigarettes for year 2000. A total of 5,979 tons of cigarettes were sold, worth BGN 74.

Business | July 24, 2001, Tuesday // 00:00 | Viewed: 630

BUSINESS IN BRIEF

The SAPARD selection panel approved on Monday 18 INVESTMENT PROJECTS out of 34 applications. Most of them concern investments in farming machinery.

Business | July 24, 2001, Tuesday // 00:00 | Viewed: 510

BUSINESS IN BRIEF

The two biggest POLYCLINICS in Blagoevgrad will be privatised after the municipality council decided so. The balance value of the two medical establishments is estimated at USD 200,000 and USD 120,000.

Business | July 23, 2001, Monday // 00:00 | Viewed: 538

VIDAHIM CLOSED DOWN

The Unified Revenue Agency will proceed with closing down Vidahim. The general meeting of the creditors decided on Friday to sell out the assets of the venture, which were adjudged insolvent two years ago.

Business | July 23, 2001, Monday // 00:00 | Viewed: 617

SHUMENSKO PIVO WITH 60% SALES GROWTH

Shumensko Pivo brewery ranks among the leaders in this field after Fikret Ince, the owner of the oldest brewery in Bulgaria, reported a 60% sales growth for the first half of 2001, as compared to the year-ago period. By the end of this year the brewery`s

Business | July 23, 2001, Monday // 00:00 | Viewed: 711

NEW STRATEGY FOR BULGARTABAC SOON

The parliament has to approve a privatization plan on Bulgartabac Holding in a month. Then the procedure on its denationalization is to start, experts from king`s coalition stated today.

Business | July 21, 2001, Saturday // 00:00 | Viewed: 562

FAMOUS SEA RESORT DEAL CANCELED

The vacation settlement `Elenite` neighboring the `Slanchev Bryag` (Sunny Beach) resort will change its owner, it transpired yesterday after the Supreme Administration Court announced its decision on the litigious deal. In 1999 the Privatization Agency un

Business | July 21, 2001, Saturday // 00:00 | Viewed: 488

BEARINGS FACILITY SALE POSTPONED

The sale of the bearings facility of the Sopot-based VMZ military works to the Swedish company SKF was postponed for formal reasons, the Privatisation agency announced. The cadastral layout of the plant has been classified, and the Agency cannot present i

Business | July 20, 2001, Friday // 00:00 | Viewed: 555

GLOBUL NETWORK CHECKED UP

The Telecommunications Commission will check up the level of the signal of the second GSM operator in Bulgaria, GloBul, in different points in Sofia. The new operator started officially on Wednesday.

Business | July 20, 2001, Friday // 00:00 | Viewed: 544

FORD CELEBRATES 90 YEARS IN BULGARIA

A double anniversary of 90 years Ford in Bulgaria and 10 years Moto-Pfohe celebrate the exclusive representative of Ford, Volvo and Jaguar in Bulgaria on Friday. The celebration will begin with a concert in the center of Sofia, where there will be an open

Business | July 19, 2001, Thursday // 00:00 | Viewed: 586

BUSINESS IN BRIEF

The second unit of the KOZLODUY Nuclear Power Plant was re-connected to the national grid after completing the planned annual outage and reached 50% of its capacity on Wednesday. The sixth unit is still in annual outage.

Business | July 19, 2001, Thursday // 00:00 | Viewed: 614

FIRST BOBOVDOL MINE SOLD

The private Bobovdol Transport AD ranked first in the bidding for the open mine Christo Botev in Bobovdol. It is the largest creditor of the mines in South-western Bulgaria.

Business | July 19, 2001, Thursday // 00:00 | Viewed: 493

DRUG TRAFFICKING RING FROM TURKEY BROKEN

Drug trafficking ring from Turkey to Western Europe, based in the city of Silistra, has been broken with 14 kg of heroin seized. The heroin was concealed in a specially made compartments of a Bulgarian-registered car.

Business | July 19, 2001, Thursday // 00:00 | Viewed: 565

96 000 TONS OF BARLEY SOLD TO THE MIDDLE EAST

Bulgaria has sold 96,000 tons of barley from the new crop to the Middle East at $85-$92 per ton. The forecast for the total exports is up to 200,000 tons, traders and analysts said on Wednesday.

Business | July 19, 2001, Thursday // 00:00 | Viewed: 468
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