Business

VISA AGREEMENT WITH RUSSIA DRAFTED

Russian citizens will be issued visas only against an invitation, Cabinet decided. Cabinet drafted the visa agreement between Bulgaria and Russia.

Business | June 1, 2001, Friday // 00:00 | Viewed: 753

PRICES UNDER ENERGY DEALS FIXED

Cabinet fixed buying prices for the electricity generated by Maritza Iztok (Maritza East) units one and three, for which it approved finalisation of the deals with the US American Electricity Systems (AES) and Entergy. Initially the National Electricity C

Business | June 1, 2001, Friday // 00:00 | Viewed: 765

USD APPRECIATES AGAINST BGN

The US dollar appreciated against the Bulgarian lev (BGN) in the domestic market reaching selling quotations of BGN 2.31 for $1.

Business | June 1, 2001, Friday // 00:00 | Viewed: 774

MS OFFICE XP ALREADY IN BULGARIA

Microsoft Bulgaria today launched the Microsoft Office XP in Bulgaria gathering over 80 journalists on the St. George terrace at the Sheraton Sofia to witness the symbolic assembling of the Microsoft Office puzzle of all the previous versions of Office pr

Business | May 31, 2001, Thursday // 00:00 | Viewed: 725

SALE OF MARITZA IZTOK LAUNCHED

Cabinet opened the procedure for signing of the contracts with the US companies American Electricity Systems (AES) and Entergy for new construction and rehabilitation of the coal mining and energy generating facilities Maritza Iztok (Maritza East) units o

Business | May 31, 2001, Thursday // 00:00 | Viewed: 719

TALKS FOR MOBICOM MAY FAIL

The negotiations for the stake of Cable and Wireless in Mobicom by the Bulgarian Telecommunications Company (BTC) might fail, insiders said. Cable and Wireless holds 49% in Mobicom.

Business | May 31, 2001, Thursday // 00:00 | Viewed: 809

GLOBUL TO BECOME OPERATIVE IN JULY

Kosmo Bulgaria Mobile, the second GSM operator in Bulgaria, will launch its net by the end of July. The company registered the trade mark Globul after winning last December the tender for the second GSM operator for Bulgarian levs (BGN) 135 M.

Business | May 31, 2001, Thursday // 00:00 | Viewed: 649

FOREIGN COMPANIES CUT REINVESTMENT

Companies with foreign participation have drastically cut the reinvested profit for the first quarter of 2001 to barely $4.6 M, Bulgarian National Bank (BNB), said.

Business | May 31, 2001, Thursday // 00:00 | Viewed: 805

BUSINESS CLIMATE POLL RESULTS OPTIMISTIC

Business climate expectations for the industrial sector in Bulgaria are more optimistic for May compared month-on-month, a survey of the National Statistics Institute (NSI) shows. Poll conducted among Bulgarian entrepreneurs identifies as their major prob

Business | May 31, 2001, Thursday // 00:00 | Viewed: 660

PM AUTHORISES MAJOR ENERGY DEALS

PM Ivan Kostov signed the permission for finalisation of the contracts with US companies AES and Entergy for new construction and rehabilitation of Maritza Iztok I and II coal mining and electricity generating units. Cabinet approval was needed for closin

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 789

BULGARIA ISSUES VISAS WITH PHOTO

Bulgaria initiated issuing visas for foreigners with a photo, Ministry of Foreign Affairs said. Visas will be issued at the new Visa Centre, which was opened at the ministry.

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 651

BALKAN AIRLINES FLIES TO TEL AVIV

National air carrier Balkan airlines started servicing the destination from Sofia to Tel Aviv. Flights are scheduled Wednesday and Sunday.

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 659

BULGARIAN LOTTO REVIVED

The State Lotto is revived after a year`s suspension. The game was very popular in this country and was solid source of revenues for the national purse.

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 788

ECONOMIST: INFLATION IN BULGARIA DOWN

Inflation in Bulgaria will be down by two-fold in 2001, analyses department of Economist weekly said. Projected inflation is 8 percent while Economist puts it at 4.

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 685

THREE TO BID FOR HEMUS AIR AGAIN

The three bidders for the state Hemus Air submitted their upgraded offers under the new requirements of the Privatisation Agency (PA). The highest bidding price was offered by Albanian Airlines, according to unofficial sources.

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 689

COPYRIGHTS DISCUSSED AT WIPO CONFERENCE

As intellectual property is becoming a major instrument for creating wealth, its protection is becoming increasingly important. The effectiveness of the system of intellectual property protection depends on the mass awareness of the system itself and of i

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 676

OPINION POLL MIGHT BE FABRICATED

Two Bulgarian polling agencies circulated in local media protests against data presented recently on their behalf. State National Center for Opinion Polls (NCOP) and private Alfa Research denied they have conducted the cited opinion polls and hinted for p

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 714

USD RATE NOT TO JEOPARDIZE BUDGET

Appreciation of the US dollar against the Bulgarian lev (BGN) in the domestic market will not jeopardise the 2001 national budget and Bulgaria`s foreign debt service, Ministry of Finance said. 2001 national budget estimations are based on an exchange rate

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 728

GERMANY INVESTS DEM 100 M IN TOURISM

Germany will invest DEM 100 million in Bulgarian tourism in 2001, Mariana Assenova, Deputy Minister of Economy, said after the meeting of the joint Bulgarian-German Tourist Council. Germany invested the same amount last year according to official statisti

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 914

NEGATIVE TRADE BALANCE USD 279 M

Bulgaria`s trade balance was negative to the amount of USD 279 million for January-March, 2001, the National Statistics Institute (NSI), said. The trade deficit is down by USD 23.

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 747

UDF MIGHT FORM BROAD COALITION

The ruling Union of Democratic Forces (UDF) might form a broad coalition with major political partners, which back up transparent targets, after the June 17 general elections, Ivan Kostov, Bulgarian Prime Minister, said. Kostov added that he does not excl

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 660
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