Brussels: Bulgarian Steel-maker Restructuring Failed
The European Commission has found that the Bulgarian steel producer Kremikovtzi did not implement the business plan established for its restructuring, its spokesman announced.
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Business » Industry
Bulgarian Maritsa Iztok 2, Bulgargaz Top Management Changed
The Board of Directors of Bulgarian Energy Holding (BEH) have announced a reshuffle of the top management of subsidiaries Bulgargaz and Maritsa Iztok 2.
Japan Supplies Engines to Bulgaria Shipbuilder Bulyard
Bulyard Shipbuilding Company, the largest Bulgarian marine constructor, has recently begun work on an international project.
Bulgarian Industry Association Wants Emergency State Aid over Crisis
The National Council of the Bulgarian Industrial Capital Association (BICA) has demanded emergency government measures to guarantee the survival of the country's industry sector.
Chinese Car Factory to Open in Bulgaria's Lovech by End of 2010
A Chinese car factory is supposed to start operating by the end of 2010 in the northern Bulgarian city of Lovech.
Bulgaria Lost 29 000 Jobs in Machine Building Sector over Crisis
The economic crisis has had a "devastating impact" on the machine building sector in Bulgaria, according to Iliya Keleshev, head of the Bulgarian Branch Chamber for machine building.
Economic Crisis Brings Bulgarian Industry back to 1985 Levels
The effects of the economic crisis have brought the Bulgarian industry back to its levels from 1985.
Bulgaria Obsolete Steel Mill Relinquishes Permit Quest
Bulgaria's former largest steel mill "Kremikovtzi" had withdrawn the application for a complex permit for its environmentally clean productions.
Bulgaria Govt, Trade Unions Clash over Steel Mill
Bulgaria's government has ruled out adopting a proposal for two of the biggest bondholders of indebted Kremikovtzi steel mill, state-owned companies, to acquire a majority stake in it to prevent an imminent shutdown.
Bulgaria Trade Unions Seek Way Out of Steel Mill Deadlock
Trade unionists have repeated their calls on the government to adopt a recovery plan for Bulgaria's indebted steel behemoth Kremikovtzi and prevent its imminent shutdown.
Bulgaria Steel Mill Rally Calls on Bondholders to Buy Majority Stake
Protesting workers from Bulgaria's indebted Kremikovtzi steel mill have demanded that two of the biggest bondholders of the ailing plant acquire a majority stake in it to prevent an imminent shutdown.
Bulgaria Steel Workers Protest over Kremikovtzi Liquidation Plan
Workers from Bulgaria's former largest steel-maker Kremikovtzi are protesting Monday against the center-right GERB government’s plan to liquidate the mill.
Bulgaria Steel Workers Delay Rally against Shutdown
Workers from Bulgaria's Kremikovtzi steel mill have postponed their Thursday's rally for Monday, when they will protest against unpaid salaries and the imminent closure of the indebted plant.
Sofia Architect: Kremikovtzi Liquidated, Bulgarian Capital Expands North
The Bulgarian capital is set to expand to the north with the almost certain liquidation of the Kremikovtzi steel-maker.
Bulgaria Steel Workers Rally as Shutdown Looms
Workers from Bulgaria's Kremikovtzi steel mill have announced they will renew their protests on Thursday, rallying against unpaid salaries and the imminent closure of the indebted plant.
Bulgaria Ministers Write off Crippled Steel Giant Kremikovtzi
Key Bulgarian Ministers have made it clear that bankrupt steel-making giant Kremikovtzi would most likely be liquidated.
National Electric Company Capitalizes Debts in Bulgaria Steel Mill
Bulgaria steel mill Kremikovtzi’s administrator, Tsvetan Bankov, stated Tuesday that their largest creditor the National Electric Company (NEK) has agreed to capitalize the money the factory owns them
Bulgaria Industrial Production with Slight Increase in Sept 2009
Bulgaria's industrial production registered an overall increase of 2,7% in September 2009 compared to August 2009, according to latest data released Friday by the National Statistical Institute.
Economy Minister: Kremikovtzi Steel-Maker to Be Liquidated
Bulgaria's former largest steel-maker Kremikovtzi is a "fake industrial entity", and is to be liquidated.
Bondholders Decide on Bankrupt Bulgarian Steel Mill Fate
The deadline for shareholders of the troubled steel-maker Kremikovtzi to make a final decision on the recovery plan proposed by the assignee in bankruptcy expires on November 9.
BGN 55 M of Salaries Delayed at Bulgaria Steel Mill Kremikovtzi
The workers of Bulgaria’s bankrupt steel mill Kremikovtzi are awaiting delayed salaries and social security payments totaling BGN 56 M.
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