The British company BNFL and Westinghouse will take part in the tender for consultants in the decommissioning of first and second units of the Bulgarian Nuclear Power Plant Kozloduy, representatives of the company announced at the international nuclear fo
By the end of 2002, Bulgaria’s second GSM operator will finish with the construction of its Black Sea coast network, the company announced. Now, the network covers the resorts Golden Sands, Sunny Beach, St.
“There is a trend for steady increase of the Swiss investments in Bulgaria,” Bulgaria’s Deputy Prime Minister and Economy Minister said. He explained that some BGN 12 M have been invested in Bulgaria for the first four months of the year, only in April th
The leaders of the three syndicates in Chimko Vratsa Fertilizer plant – Bulgaria’s Trade Union “Podkrepa”, Confederation of Independent Trade Unions in Bulgaria (CITUB) and syndicate “Promyana” signed an agreement to organize a joint protest. The demands
Gordon Adam from the European Parliament recommended at a news conference Bulgaria to negotiate for prolonging the terms for exploitations of third and fourth units of the Kozloduy Nuclear Power Plant especially after the positive assessment of the missio
The government is resolute to realize the Gorna Arda project and to employ as many as possible Bulgarian workers in the construction of the hydropower cascade, Deputy Prime Minister and Regional Development Minister Kostadin Paskalev said. He added that t
Bulgaria shares 97th place together with Albania, Niger and Cameroon in the 6th global economic freedom report that ranks 123 nations on 37 variables with data back to 1970. The report is published by The Fraser Institute, the US-based Cato Institute, and
The price of electricity will increase for the entire 2002 by 20%; a 15% hike is scheduled for 2003 and a further 10% increase for 2004, State Energy Regulation Commission chairman Konstantin Shushulov announced. The bills of customers whose monthly consu
Deputy Prime Minister and Economy Minister Nikolay Vassilev presented Bulgaria’s economic and political situation during a plenary session, entitled “The Challenge of Economic Growth and International Competitiveness” in the framework of the international
The mission of International Atomic Energy Agency (IAEA) made an extremely positive assessment of the safety of third and fourth units of Nuclear Power Plant Kozloduy, Emil Vapirev, head of the Committee for the Use of Atomic Energy for Peaceful Purposes
The suprme prosecution of the cassation asked the Privatization Agency and the Post-Privatization Control Agency last week to cancel seven large privatization deals, the Bulgarian News Agency reported. No reasons for the request were quoted.
Bulgaria will be among the priority destinations for Swiss investments, it emerged after a meeting of Economy Minister Nikolay Vassilev with representatives of the State Secretariat for Economic Affairs and the Swiss Organization for Facilitating Investme
The Board of Directors of the Bank Consolidation Company (BCC) gave Bank Austria until July 26 to sign the contract for the acquisition of the full 99,6 % state stake in Biochim Bank. In late May, the Bank Consolidation Company (BCC) chose Bank Austria as
LUKoil-Neftochim, Burgas-based oil refinery, will pay off all its liabilities to the state under the privatisation contract till end-July. The company’s profit for last year stands at some BGN 3, 800 M, taxes and instalments to the municipal councils excl
The falling levels of the dollar reflect positively on the budget since in this way the amount of the foreign debt in dollars is reduced, Finance Minister Velchev said. If the foreign debt totals USD 8 BLN, then 10% means 20% reduction of the foreign debt
Defense Minister Nikolay Svinarov guaranteed that final decision for the technology, place and time of the destruction of the SS-23, SCUD and FROG missiles will be taken after an experiment on the destruction of a single missile complex is made. On June 2
Complains for missing luggage at Sofia Airport have dropped dramatically in the last seven months, Airport CEO Stoil Pashkounov said. This has been achieved through improved security and the mounting of security cameras.
Austria’s CSI Handels und Beteiligungs was selected buyer of telecommunications equipment maker Incoms Telecom Holding (90% of the capital of Incoms Telecom Holding, 40% of Incoms IRET AD, 29% of Incoms SET of Russe and 40% of Incoms Household Equipment).
Deputy Prime Minister and Economy Minister Nikolay Vassilev presented investment opportunities in Bulgaria at a business forum dedicated to Bulgaria in Zurich. Over seventy Swiss companies participated in the forum.
First Investment Bank is named Bank of the Year 2001 for the whole banking system by Pari Daily, it transpired at a press conference at Hilton Sofia June 26. Besides the award under the complex criterion four more banks were ranked first in different cate
The sale of Bulgaria’s fourth largest bank Biochim Bank is expected to be completed by July 12, Finance Minister Velchev announced upon his return from the United States. In late May, the Bank Consolidation Company (BCC) chose Bank Austria as an exclusive
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
