Business

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: 500

BALKAN NEGOTIATES WITH NECKERMANN

Balkan Airlines is negotiating charter flights with one of the biggest tour-operators Neckermann. Next week experts from the commercial department of Balkan leave for Germany.

Business | July 19, 2001, Thursday // 00:00 | Viewed: 738

MS PRAISES SOFTWARE PIRACY RESISTANCE IN BULGARIA

`Microsoft appreciates the political will of President Stoyanov to fight software piracy and to promote the enforcement of copyright legislation`, MS Senior Vice President Jean-Philippe Courtois writes in a letter to Stoyanov. The two met on June 21, 2001

Business | July 19, 2001, Thursday // 00:00 | Viewed: 643

BUSINESS IN BRIEF

Russian president VLADIMIR PUTIN expressed Russia`s readiness to support the Burgas-Alexandroupolis oil pipeline, which he sees as the optimal route for oil deliveries to the Balkans and Southern Europe. ***

Business | July 18, 2001, Wednesday // 00:00 | Viewed: 669

CASE AGAINST PLAMA FORMER RECEIVER POSTPONED

The lawsuit against Nova Plama`s former receiver, Nikolay Penev was postponed for a second time by the Pleven Regional Court. According to the prosecutor, Penev has committed breach of trust and has caused damages to the company amounting to BGN 150,000.

Business | July 18, 2001, Wednesday // 00:00 | Viewed: 573

SIEMENS TO DEVELOP 3G MOBILE SYSTEM IN BG

Siemens plans to build a third-generation mobile communications system in Bulgaria in 2004, the company`s General Manager Uwe Quecke announced. The Bulgarian Government plans to license an operator of a 3G mobile network in 2005.

Business | July 18, 2001, Wednesday // 00:00 | Viewed: 616

GREECE TO PROVIDE EUR 1.5 M TO KOZLODUY NPP

Greece will provide EUR 1.5 M to the fund for closure of the Kozloduy nuclear power plant, which is run by the European Bank for Reconstruction and Development.

Business | July 18, 2001, Wednesday // 00:00 | Viewed: 546

BULGARIA TO PARTICIPATE IN $1 BLN PROJECT

Bulgaria will take part in a joint project for orbiting a television geo-stationary satellite, which will allow broadcasting 37 channels. The project will be carried out by Cyprus and the Vatican and is assessed at some $1 Bln.

Business | July 17, 2001, Tuesday // 00:00 | Viewed: 571

SOFIA MED GRANTED EUR 32.5 M

Sofia Med received a EUR 32.5 M loan from the World Bank`s International Finance Corporation and the National Bank of Greece, to finance part of the company`s investment program, amounting to some EUR 88 M.

Business | July 17, 2001, Tuesday // 00:00 | Viewed: 769

BLAGOEVGRAD BT CAPITAL NOT INCREASED

The capital of Blagoevgrad-BT was not increased, as the announced agenda the shareholders` general meeting envisaged. Ivan Batsarov, representative of Bulgartabac Holding and chairman of the Directors` Board of the Blagoevgrad-based venture, put forward a

Business | July 17, 2001, Tuesday // 00:00 | Viewed: 647

SUMMER ACADEMY OF PERFORMING ARTS OPENS IN SOFIA

The 5th Summer Academy of Performing Arts, which opens Monday in Sofia, has attracted over 80 participants from 33 countries of Europe, Asia and Australia. Among others, the Academy has welcomed independent artists from the Balkans and other parts of East

Business | July 16, 2001, Monday // 00:00 | Viewed: 827

$3 M FOR HEAT INSULATION OF MUNICIPAL BUILDINGS

$3 M will be invested in heat insulation of some 500 municipal buildings in Sofia, including schools and kindergartens, under an energy efficiency project, which will considerably cut heating expenses, BTA announced. The project will be financed by the Bl

Business | July 16, 2001, Monday // 00:00 | Viewed: 555

$550 FOR A TICKET TO NEW YORK

The ticket of `Balkan Airlines` to New York costs $550. It is valid for half a year and is open, announced officials from the national carrier.

Business | July 16, 2001, Monday // 00:00 | Viewed: 671

PROSECUTORS INVESTIGATE DEAL OF PLOVDIV MAYOR

`The Prosecutor`s Office will resume the check-up against Spas Garnevski, former mayor of Plovdiv, on a scandalous deal during his mandate`, `Standart` Daily published. The investigated deal is about the purchase of 45 new and 48 recycled `Volvo` buses fo

Business | July 16, 2001, Monday // 00:00 | Viewed: 574

SOFIA`S CENTRAL RAILWAY STATION TO BE RENOVATED

A total of $3.5 M will be spend on the renovation of the grounds surrounding the Central Railway Station in Sofia.

Business | July 16, 2001, Monday // 00:00 | Viewed: 741

US DONATES EQUIPMENT WORTH $22 000 TO THE CUSTOMS

The US Embassy in Sofia donated equipment worth $22,000 to the Bulgarian Customs Agency to help its fight against drugs` smuggling. The donation is on behalf of the US Government and includes 30 Motorolla PO40 walkie-talkies and a fiberscope.

Business | July 16, 2001, Monday // 00:00 | Viewed: 647

AREMISSOFT TO COMPETE WITH MS HP AND IBM

AremisSoft, US based company, listed at Nasdaq (AREM) having the contract for developing phase one and two of the project (worth USD 3.7 million) will participate in the National Health Insurance Fund (NHIF) biddings for completing the third and fourth ph

Business | July 16, 2001, Monday // 00:00 | Viewed: 700

`BULGARTABAC` FOR SALE IN A MONTH

The denationalization proceedings of `Bulgartabac Holding` are to start in a month after forming of the new government, said NMS II experts. Under the Privatization Act, the parliament is to approve a plan on selling the holding.

Business | July 15, 2001, Sunday // 00:00 | Viewed: 580

BECHTEL MAY INVEST UP TO USD 450 M IN BULGARIA

US company Bechtel representatives met with MPs of the National Movement for Simeon II Milen Velchev, Nikolai Vassilev and Antonia Parvanova to present their intention to take part in the construction of the Upper Arda cascade. The company is ready to lau

Business | July 15, 2001, Sunday // 00:00 | Viewed: 952

BUSINESS IN BRIEF

THE WORLD Bank has extended the term of the loan agreement with the Bulgarian State Railways by another year, until June 30, 2002, BDZ`s Gergana Ivanova told Agency Balkan. The credit provided by the WB amounts to USD 95 million.

Business | July 15, 2001, Sunday // 00:00 | Viewed: 520

TENDER FOR DANUBE BRIDGE BUILDING CONSULTANT

The consultant on the second Danube bridge constriction will be selected by the way of an international tender and will be known till end-2001, Standart daily said. The Management Committee of European Union ISPA program will decide early next week whethe

Business | July 15, 2001, Sunday // 00:00 | Viewed: 580
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