Business » Industry

Military Plant Recovery Talks Launched in Bulgaria

The recovery plan negotiations between workers, trade unions and management of Bulgaria's State-owned arms manufacturer, VMZ Sopot, have finally started Thursday.

Business » Industry | January 24, 2013, Thursday // 11:33 | Viewed: 1687

Bulgarian Cabinet Mulls Fate of Faltering Military Plant

The Bulgarian Council of Ministers is examining Wednesday at the regularly scheduled meeting the future and the fate State-owned arms manufacturer, VMZ Sopot.

Business » Industry | January 23, 2013, Wednesday // 09:13 | Viewed: 1740

Bulgaria Launches Recovery Plan for Faltering Military Plant

The management of Bulgaria's State-owned arms manufacturer, VMZ Sopot, is to provide for the trade unions Wednesday an economic analysis.

Business » Industry | January 16, 2013, Wednesday // 09:58 | Viewed: 2859

Bulgarian PM Backs Layoffs at Faltering Military Plant

Hundreds of workers at Bulgaria's State-owned arms manufacturer VMZ Sopot must be laid-off in order for the company to be privatized, Bulgarian Prime Minister, Boyko Borisov, says.

Business » Industry | January 15, 2013, Tuesday // 16:01 | Viewed: 2077

Sole Bidder for Bulgaria's Military Plant Offered BGN 1 in Price

EMKO EOOD, the sole candidate to buy Bulgaria's State-owned arms manufacturer, VMZ Sopot, has proposed a price of BGN 1.

Business » Industry | January 15, 2013, Tuesday // 14:35 | Viewed: 2642

Sole Bidder for Bulgaria's Ailing Military Plant to File Binding Offer

The sole bidder in the privatization of military plant VMZ Sopot is to submit a binding offer with the Privatization and Post-Privatization Control Agency on Friday.

Business » Industry | January 11, 2013, Friday // 09:36 | Viewed: 1659

Bulgaria's Faltering Military Giant Goes on All-Out Strike

Thousands of workers of the largest Bulgarian military plant, the state-owned VMZ Sopot, are staging once again Wednesday an effective strike.

Business » Industry | January 9, 2013, Wednesday // 09:40 | Viewed: 2311

Bulgaria's Faltering Military Giant Fate Decided by Jan 23

The Council of Minister will issue a decision about the privatization of the largest Bulgarian military plant - the State-owned VMZ Sopot, Economy and Energy Minister, Delyan Dobrev, pledged Monday.

Business » Industry | January 7, 2013, Monday // 18:04 | Viewed: 1950

Bulgaria's Producer Prices in Industry Grow by 6.4% Y/Y Nov 2012

Bulgaria's producer price index on the domestic market grew by 6.4% year on year in November 2012, according to the National Statistical Institute.

Business » Industry | December 28, 2012, Friday // 17:24 | Viewed: 1510

Strike at Bulgaria's Faltering Military Giant Enters Day 3

Thousands of workers of the largest Bulgarian military plant, the state-owned VMZ Sopot, are staging Saturday for the third day in a row an effective strike.

Business » Industry | December 15, 2012, Saturday // 13:15 | Viewed: 1747

Bulgaria's Faltering Military Giant Goes for All-out Strike

Thousands of workers of the largest Bulgarian military plant, the state-owned VMZ Sopot, are expected to start an effective strike on Thursday.

Business » Industry | December 13, 2012, Thursday // 08:08 | Viewed: 1510

China's BYD Moves to Build Auto Assembly Plant in Bulgaria

China's electric-vehicle maker BYD Co Ltd signed a joint-venture agreement on Tuesday with a Bulgarian partner to build an auto assembly plant in the country.

Business » Industry | December 12, 2012, Wednesday // 17:10 | Viewed: 2503

Chinese Investors to Set Up 3 Bus Plants in Bulgaria - EconMin

Chinese investors are planning to build three factories for the production of buses in Bulgaria, Bulgarian Economy Minister Delyan Dobrev revealed Monday

Business » Industry | December 10, 2012, Monday // 18:40 | Viewed: 3081

Bulgaria's Industrial Production Slightly Down in October

Bulgaria's seasonally adjusted industrial production index decreased by 0.4% in October 2012 compared with the previous month.

Business » Industry | December 7, 2012, Friday // 12:52 | Viewed: 1869

Dundee to Export Bulgaria-Produced Pyrite to China

Dundee Precious Metals is to sell to China's Xiangguang Copper Co up to 200,000 tons of pyrite concentrate per year to, to be produced in Bulgaria, the company announced.

Business » Industry | December 7, 2012, Friday // 11:58 | Viewed: 4159

ABB to Invest USD 23 M in 4th Bulgarian Factory, Add 600 Jobs

Swiss-based global engineering group ABB plans to invest about USD 23 M to build its second greenfield factory in Bulgaria, the company announced Thursday.

Business » Industry | December 6, 2012, Thursday // 17:24 | Viewed: 5204

Bulgarian Great Wall Cars to Boast Bulgarian Batteries, Lubricants

Bulgarian-assembled Chinese Great Wall vehicles will use Bulgarian-produced batteries and lubricants, informed Bulgarian Great Wall contractor Litex Motors.

Business » Industry | December 4, 2012, Tuesday // 17:05 | Viewed: 2928

Bulgaria's Faltering Military Giant Goes for All-out Strike

Thousands of workers of the largest Bulgarian military plant, the state-owned VMZ Sopot, will be out on an effective strike as of the morning of December 13, 2012, the Podkrepa ("Support") Labor Confederation announced Monday.

Business » Industry | December 3, 2012, Monday // 17:33 | Viewed: 1713

Bulgarian Bank Moves to Kill Largest Metal Factory

All workers at the troubled OTzK Kardzhali, Bulgaria's largest non-ferrous metal works, will be shortly fired, according to media reports.

Business » Industry | December 2, 2012, Sunday // 10:18 | Viewed: 2578

Investment Agency: Foreign Carmakers Eye Bulgarian Market

Four to five automobile industry factories are going to open in Bulgaria soon, according to the Executive Director of the Bulgarian Agency for Investments, BAI, Borislav Stefanov.

Business » Industry | November 30, 2012, Friday // 11:46 | Viewed: 2925

Bulgarian Bank Swallows Non-Ferrous Behemoth

Bulgaria's First Investment Bank, FIB, the largest creditor of troubled Lead and Zinc Complex (OTzK) Kardzhali, has acquired its lead plant in a tender without competition.

Business » Industry | November 27, 2012, Tuesday // 15:44 | Viewed: 2547
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria