Business

APRIL 19 BG PARLIAMENT WILL BE DESOLVLED

April 19 will be the last working day of the Bulgarian parliamanet, the Constitutional court decided on Thursday. This pariament is the first one since 10 years to serve full 4years term.

Business | March 20, 2001, Tuesday // 00:00 | Viewed: 1371

THREE BG DIPLOMATS OUSTED FROM MOSCOW

Three Bulgarian diplomats left Moscow already, ousted from Russian authorities as a response to the BG decision to ask three Russian diplomats to leave Sofia. Two of them left Moscow by car to Ukraina, the third left on a plane.

Business | March 20, 2001, Tuesday // 00:00 | Viewed: 1167

NATO TROOPS TO CROSS BG FOR 5 YEARS

BG Government approved agreement with NATO allowing troops and equipment across Bulgaria. The agreement was signed in Brussels in March and now is pending for Parliament approval also.

Business | March 20, 2001, Tuesday // 00:00 | Viewed: 1174

INTERNET PROVIDER PROLINK ON SALE

One of the largest local Internet providers ProLink is on sale, the owners announced. The investors might be telecommunications or financial companies interested to have sagnificant share on Bulgarian Internet market.

Business | March 19, 2001, Monday // 00:00 | Viewed: 1144

BALKAN TO RESUME DOMESTIC FLIGHTS

Balkan Airlines might get back partly its licence and resume the domestic flights to Varna and Burgas, at the sea shore. Balkan was announced insolvent, but there is still a small chance to implement recovery program.

Business | March 19, 2001, Monday // 00:00 | Viewed: 1162

FRENCH EMBASSY IN SOFIA TO BE SUED

Pension security fund Rodina will sue the French Embassy in Sofia, Executive director D. Vuchev said.

Business | March 19, 2001, Monday // 00:00 | Viewed: 1745

FROM 10 APRIL NO VISAS TO EU

No visas will required for Bulgfarian citizens traveling to the EU countries, dated April 10. Some of them although may impose limits of the days to stay, others, like Germany, requiring 50 DEM per day to be shown, can put financial requirements.

Business | March 19, 2001, Monday // 00:00 | Viewed: 1275

CEREAN CONFERENCE IN OCTOBER

Seventh Central European Real Estate Association (CEREAN) conference will take place in Sofia, October 18-20, 2001, Valeri Leviev, its president announced. More than 250 participants from all over the world are xpecting to come, the first ever Real estate

Business | March 19, 2001, Monday // 00:00 | Viewed: 1283

OTE WILL BID FOR BULGARIAN TELECOM

The Greek OTE will bid for Bulgarian Telecom as soon as the tender will be announced, George Skarpelis, OTE Executive VP said. OTE is building the second GSM network in BG now and was unsucessful bidder together with Dutch KPN for the BG Telecom an year a

Business | March 18, 2001, Sunday // 00:00 | Viewed: 1301

ASTRA ZENECA INTENDS TO PACK IN BG

The pharmaceutical corporation Astra Zeneca is going to invest in a packaging line in Bulgaria. Some of the already existing factoires might be used for the purpose, Astra Zeneca BG office said.

Business | March 18, 2001, Sunday // 00:00 | Viewed: 1294

GSM LICENCE TO BE GIVEN TO BTC

Third GSM licence in Bulgaria will be given to the local state-owned Telecommunications Company BTC, sources said. Possibly it will increase the price of the old fashioned analog company, which privatization deal failed last year.

Business | March 18, 2001, Sunday // 00:00 | Viewed: 1196

DRESDNER BANK READY TO PULL OUT BULGARIA

The German Dresdner Bank will not remain in Bulgaria after splitting procedure with the French BNP, Werben Fick, deputy director of BG branch said. A couple of months ago Dresdner bank sold its share of the joint bank to BNP and now The French own 80% of

Business | March 18, 2001, Sunday // 00:00 | Viewed: 1435

82% OF ALL INDUSTRY IN BG IS PRIVATE

82% of Bulgarian industry is already private, N. Nikolov, MP said.

Business | March 18, 2001, Sunday // 00:00 | Viewed: 1172

MARCONI CONTRACT RENEGOTIATED

The Bulgarian army contract with Marconi Mobile S.p.

Business | March 18, 2001, Sunday // 00:00 | Viewed: 1239

METRO REMOVES SHOPPING LIMITS

Metro Bulgaria announce it removes the limits for a minimmuim amount of one-time shopping of 50 DEM. The german company owns the largest hypermarket network in Bulgaria - 6 shops with more than 10 000 customers daily.

Business | March 18, 2001, Sunday // 00:00 | Viewed: 1285

$5 M INVESTED IN BG NUCLEAR PLANT

$5 M will be invested in safety maintenance of 1 & 2 power units of the Kozlodoui nuclear power plant on the Danube. The two reactors will be decommissioned by 2003.

Business | March 17, 2001, Saturday // 00:00 | Viewed: 1211

TWO FIRED FROM GERMAN EMBASSY

Two Bulgarian employees were fired from German Embassy in Sofia, Knut Abraham, embassy spokesman said. Both were released for `bribe allegations` and used to be responsible for the entry lines which often are long couple of tens of meters.

Business | March 17, 2001, Saturday // 00:00 | Viewed: 1262

DEM 85 MINIMUM SALLARY IN BULGARIA

The minimum monthly sallary in Bulgaria is already 85 DEM, government decided. It is stil mich lower than the average minimum in Central and Eastern Europe, expert said.

Business | March 17, 2001, Saturday // 00:00 | Viewed: 1138

10% OF BG COMPANIES COMPETITIVE ABROAD

Only 10% of all Bulgarian companies could be competitive on the international markets, Market Economy Institute survay says. There are some 500 000 companies registered in Bulgaria, only 1/3 of the are active, K.

Business | March 17, 2001, Saturday // 00:00 | Viewed: 1489

NATIONAL RADIO BOSS DECLARED ILLEGAL

The newly appointed director of National Radio I. Borisslavov was declared illegal by the High Administrative court after one of the candidates apply against the procedure.

Business | March 16, 2001, Friday // 00:00 | Viewed: 1221

19% UNEMPLOYMENT RATE IN BULGARIA

713 761 people are unemployed in BG. It is some 5 032 more than a month national employment service experts said.

Business | March 16, 2001, Friday // 00:00 | Viewed: 1299
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