Business

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: 1303

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: 1163

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: 1533

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: 1260

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: 1366

CATTLE EXPORT BAN TO EU LIFTED

Ban on Bulgarian export of live cattle to the EU countires will be lifted, V. Varbanov, BG minister of agriculture and Robert Callman, EU chief of Commission for health and consumers protection agreed in Brussels.

Business | March 16, 2001, Friday // 00:00 | Viewed: 1388

DEM 420 M BUDGET DEFICIT

DEM 420 M is the Bulgarian budget deficit, estimated at the end of February. DEM 892 M are the incomes, 1 312 M were the expenses.

Business | March 16, 2001, Friday // 00:00 | Viewed: 1313

PRINCE OF WALES FORUM ON TOURISM

Conference on tourism and environment was held in Radisson SAS in Sofia under the organization of The Prince of Wales International Business Leaders Forum. More than 85 high level opinion makers in the business presented their views how to keep both touri

Business | March 15, 2001, Thursday // 00:00 | Viewed: 1552

AIR ATLANTIC LOOKS OVER BALKAN

Consortium Air Atlantic is willing to look over posiblitties to be strategic investor in Balkan Airlines, A. Tomov, Euroleftist party chairman said.

Business | March 15, 2001, Thursday // 00:00 | Viewed: 1729

IN JUNE OPTICAL FROM HASKOVO TO KAVALLA

EU PHARE program provided EUR 1.6 M for the building of optical cable line between South East Haskovo and Kavalla in Northern Greece.

Business | March 15, 2001, Thursday // 00:00 | Viewed: 1903

ERICSSON PROMISED BG SUPPORT

Ericsson will be the official Bulgarian consultant for the liberalization of the local telecom market in 2002, was announced in Stockholm after BG Deputy PM P. Zhotev met K.

Business | March 14, 2001, Wednesday // 00:00 | Viewed: 2214

BUSINESS EASTER APRIL 16 & 17 2001

Bulgarians living abroad and having succesful businesses will gather in Sofia April 16 and 17 for a meeting called Bulgarian Easter. Bulgarians living abroad becomes more and more fluent in the local business events.

Business | March 14, 2001, Wednesday // 00:00 | Viewed: 3111

UMTS IN BULGARIA AFTER 2004

UMTS licence will be delivered in Bulgaria after 2004, Grozdan Karadzhov, deputy-miniter of telecommunications said. Earlier the ministry announced it might be done in 2008.

Business | March 14, 2001, Wednesday // 00:00 | Viewed: 2648

CISCO TO DELIVER EQUIPMENT FOR MF

Cisco will deliver the equipment for the Bulgarian Ministry of finance through its local partner Lirex. First stage of the project is estimated for USD 1,5 M and includes delievery, assembling, maintaince and management of the equipment for 300 customers

Business | March 14, 2001, Wednesday // 00:00 | Viewed: 2707

KAPUSTIN SENTENCED TO 23 Y IN PRISON

Canadian citizen Michael Kapustin was sentenced to 23 years in prison by the Sofia court. Kapustin was a CEO of Life Choice International company, declared bankrupcy a couple of years ago and then left thousands of shareholders with no savings.

Business | March 13, 2001, Tuesday // 00:00 | Viewed: 3376

JAN/FEB: 1% INFLATION

Inflation From The Beginning Of The Year Amounted To 1 Per Cent by the official statistic today. January 2001 it was 0.

Business | March 13, 2001, Tuesday // 00:00 | Viewed: 3337

RODINA PRINTING HOUSE ON SALE

Rodina Printing House will be announced for sale soon, AP experts said. The building is located next to Sofia Airport and could be a potential luxury business center, not having in mind the modern printing equipment.

Business | March 13, 2001, Tuesday // 00:00 | Viewed: 3607

EUR 3.8 BLN FOR BG TRANSPORT

EUR 3.8 Bln will be invested in transport in the next 5 years, minister Slavinski said.

Business | March 12, 2001, Monday // 00:00 | Viewed: 3402

KRAFT FOODS AQUIRES COFFEE PRODUCER

Kraft Foods purchased the biggest BG coffee producer Nova Brazilia. The deal, signed a month ago was oficially permitted by the Competition Commission.

Business | March 12, 2001, Monday // 00:00 | Viewed: 4211

KOKKALIS NEXT HARDVARD PROGRAM

Second meeting of Balkan countries representative behan in the Harvard University in Boston. 25 representatives will discuss on economic and political co-operation and development with prominent lecturers.

Business | March 12, 2001, Monday // 00:00 | Viewed: 4142

EL AL RESTORES FLIGHTS TO BG

El Al resumes regular flights to Sofia, Emanuel Zisman, Israeli ambassador to Sofia said. After Balkan closed all destination a month ago Tel Aviv destination remained empty and the only connections between BG and Israel were via Istanbul, Athens or Warsa

Business | March 12, 2001, Monday // 00:00 | Viewed: 4324
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