Business
The government mulls a Swissair type recovery plan for Bulgaria’s flag carrier Balkan Airlines, Dnevnik daily reported, quoting a source from the government. The idea includes setting up of a new air carrier, which will replace the insolvent Balkan Airlin
Business | July 26, 2002, Friday // 00:00
| Viewed: 468
Bulgaria must have stored up a total of 1,1 million tonnes of oil and oil products stock till 2012, under a bill on the obligatory amounts of oil and oil products stocks, adopted by Cabinet July 25. Following the bill Bulgaria’s stock of oil and oil produ
Business | July 25, 2002, Thursday // 00:00
| Viewed: 358
The Cabinet adopted amendments and supplements to the regulation on calculating prices and tariffs of electricity, heating and natural gas in accordance with last week’s ruling of the Supreme Administrative Court. Through its decision the Cabinet explains
Business | July 25, 2002, Thursday // 00:00
| Viewed: 377
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved a loan of EUR 112,1 M for the rehabilitation of Maritsa East 3 thermal power plant July 23. The total cost of US Entergy project is USD 470 M.
Business | July 25, 2002, Thursday // 00:00
| Viewed: 401
Agriculture Minister Dikme will present his assessment of the offers for Bulgartabac within ten days, it transpired before the regular meeting of the Cabinet. Minister Dikme declined to comment the offers before reading them through, but he is positive ab
Business | July 25, 2002, Thursday // 00:00
| Viewed: 344
Transport Minister Plamen Petrov and Belgium`s ambassador Edmond de Wilde open officially today the construction of a shelter for winter anchorage of vessels at Russe, on the Danube. The construction of the shelter will not be completed before 2005 but th
Business | July 25, 2002, Thursday // 00:00
| Viewed: 419
A market study by the agricultural information system SAPI covering the period of 1998-2001 shows that a total of 89,805 ha of land changed hands in 51,084 separate transactions. Most of the owners offer for sale fragmented plots, which are not suitable f
Business | July 25, 2002, Thursday // 00:00
| Viewed: 963
The project for construction of Struma highway failed to attract donors due to the low traffic estimates, head of the Road Executive Agency Pavel Dikovski said, quoted by Dnevnik Daily. Struma highway (Sofia-Kulata) is part of the transport corridor 4 and
Business | July 25, 2002, Thursday // 00:00
| Viewed: 523
Investors are willing to run the loss-making Burgas port under a concession contract, Transport Minister Plamen Petrov said. The cargo traffic handled by the port is small.
Business | July 25, 2002, Thursday // 00:00
| Viewed: 426
The foreign investments planned for this year of some one billion dollars can be realized by the end of December, Finance Minister Milen Velchev said in an interview for the Bulgarian News Agency. He recalled that only investments from the privatization o
Business | July 24, 2002, Wednesday // 00:00
| Viewed: 416
The Transport Ministry will move a proposal for closing the most loss-incurring destinations for passenger transport of the State Railways Company, Transport Minister Plamen Petrov announced. The decision for closing these activities is needed for fixing
Business | July 24, 2002, Wednesday // 00:00
| Viewed: 401
British businessmen will visit Bulgaria in October to study the opportunities for investing in Bulgaria, Great Britain’s Ambassador to Bulgaria H.E.
Business | July 24, 2002, Wednesday // 00:00
| Viewed: 396
Transport Minister Plamen Petrov said he expected a qualified company to be attracted as investor in flag carrier Balkan Airlines by October this year. He explained that for one year his ministry has managed to deal with the different interests involved i
Business | July 24, 2002, Wednesday // 00:00
| Viewed: 363
Chimko fertilizer plant will produce 6,000 tonnes of carbamide for Italy. The plant has been contracted by the Italian company Indagro.
Business | July 24, 2002, Wednesday // 00:00
| Viewed: 451
CEOs of the Israeli investment holding Dankner Group met with Regional Development Minister Georgi Georgiev to discuss their plans to build student dormitories in Sofia, Varna, Blagoevgrad and Plovdiv as well as in other university towns. The company is r
Business | July 24, 2002, Wednesday // 00:00
| Viewed: 470
“It is not serious to talk about closure of the Russian market for Bulgarian-made cigarettes, “ Deputy Prime Minister and Economy Minister said during a visit to Vidin. He was asked to comment publications in the Russian press that Russia will close its m
Business | July 23, 2002, Tuesday // 00:00
| Viewed: 367
Representatives of consortium Metatabak, placed second among the four bidders for Bulgartabac, said they may appeal the procedure for the sale of the tobacco giant Bulgartabac Holding. In their words more than 20 violations of the procedure have been foun
Business | July 23, 2002, Tuesday // 00:00
| Viewed: 653
According to the Union of Democratic Forces the price of Bulgartabac Holding is USD 370 M, which is also the assessment of the holding’s international audit in 2000, it transpired after a meeting of UDF National Executive Council. Ergin Emin, member of th
Business | July 23, 2002, Tuesday // 00:00
| Viewed: 728
A day after the final bids for 80 percent stake in Bulgaria's tobacco giant Bulgartabac were unsealed, Tobacco Holding, placed third among the four bidders, asked the Privatisation Agency for a procedure for increasing the offered price. The Executive Dir
Business | July 23, 2002, Tuesday // 00:00
| Viewed: 603
A total of EUR 1, 8 M will be released for Bulgarian projects under PHARE programme ACCESS 2000 in the period July 2002 – November 2003. The program aims to strengthen the Civil Society and prepare for accession the candidate countries in Central and East
Business | July 23, 2002, Tuesday // 00:00
| Viewed: 585
A 70% stake in Vidin-based chemical plant Vidachim will be transferred to Russe-based company Pristisgroup-Vodno Stopanstvo AD today, after the Supersory Board of the Privatization Agency approved the deal July 18. The company paid one lev for the bankrup
Business | July 23, 2002, Tuesday // 00:00
| Viewed: 598
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