Business » Industry

British American Tobacco Remains Only Strategic Bidder for Bulgartabac

Only three companies have remained to bid for the privatization of Bulgaria's state-owned cigarette-making giant Bulgartabac Holding, and only one of them is a strategic investor – British American Tobacco.

Business » Industry | July 4, 2011, Monday // 19:26 | Viewed: 5612

Bulgaria's Economy Minister Upbeat about Bulgartabac's Privatization

The privatization of the Bulgarian state-owned cigarette produce Bulgartabac will be successful thanks to the privatization criteria, according to Economy Minister Traicho Traikov.

Business » Industry | June 24, 2011, Friday // 15:32 | Viewed: 2118

BGN 50 M Waste Recycling Plant Launched in Bulgaria's Varna

A waste recycling plant, an investment worth about BGN 50 M, was formally inaugurated at the Bulgarian Black Sea city of Varna.

Business » Industry | June 18, 2011, Saturday // 19:33 | Viewed: 6268

Philip Morris, BAT Dump Bulgaria's Cigarette Maker Sale - Report

Philip Morris and British American Tobacco, the two biggest companies, which purchased public procurement documents for acquiring a majority stake in Bulgaria's cigarette maker Bulgartabac, have no intentions to bid, reports say.

Business » Industry | June 14, 2011, Tuesday // 12:34 | Viewed: 5057

Great Wall JV to Produce EU Cheapest Cars in Bulgaria

Voleex C10 sedan, Hover H5 SUV and Steed pickup are the three different vehicle models, which Chinese car maker Great Wall Motor Co and Bulgarian company Litex Motors will produce in the town of Lovech, Northern Bulgaria, at very competitive prices.

Business » Industry | June 12, 2011, Sunday // 15:40 | Viewed: 10879

Minister: Rising Productivity in Bulgaria Mandates Upping Minimum Wage

The Bulgarian government's decision to up the minimum wage starging July 1 is based on a stably increasing productivity of workers in the country, argued Bulgarian Minister of Labor and Social Affairs Totyu Mladenov.

Business » Industry | June 11, 2011, Saturday // 10:32 | Viewed: 1969

10 Potential Bidders Eye Bulgaria's Bulgartabac

Ten companies, including four top-notch investors, have purchased public procurement documents for acquiring a majority stake in Bulgaria's cigarette maker Bulgartabac, the Privatisation Agency said on Friday.

Business » Industry | June 10, 2011, Friday // 19:51 | Viewed: 2334

3 Tobacco Giants Eye Bulgaria's Bulgartabac

Three top-notch investors have purchased public procurement documents for the bid to privatize Bulgaria's cigarette maker Bulgartabac.

Business » Industry | June 10, 2011, Friday // 07:53 | Viewed: 2050

Bulgaria's Jan-Apr 2011 Exports to Non-EU Countries Up by 50.4% Y/Y

In the period January-April 2011, Bulgaria exported goods worth a total of BGN 12.5 B to non-EU countries, posting an increase of 50.4% on the year.

Business » Industry | June 9, 2011, Thursday // 12:54 | Viewed: 2908

Bulgaria's Q1 2011 Exports to EU Up by 56.4% Y/Y

In the period January-March 2011, Bulgaria's exports to the EU increased by 56.4% compared to the same period a year earlier, totaling BGN 5.7 B, the National Statistical Institute reported (NSI).

Business » Industry | June 9, 2011, Thursday // 12:29 | Viewed: 2162

Borisov, Boc to Open Factory of Bulgarian Firm Monbat in Romania

A EUR 13 M factory of Monbat Recycling, a subsidiary of Bulgarian company Monbat, in Romania will be inaugurated formally by the Prime Ministers of Bulgaria and Romania Boyko Borisov and Emil Boc on Thursday.

Business » Industry | June 8, 2011, Wednesday // 19:47 | Viewed: 4475

Elder Pharma to Sell Indian Brands in EU through Bulgarian Subsidiary

Drug maker Elder Pharmaceuticals based in Mumbai, India, has announced that it will be starting to sell Indian brands in the EU through its Bulgarian subsidiary Elder Biomeda AD.

Business » Industry | June 8, 2011, Wednesday // 18:48 | Viewed: 7285

Bulgaria's Industrial Index Up 1.5 % in April 2011 M/M

The seasonally adjusted industrial production index increased by 1.5% in April 2011, compared to March 2011.

Business » Industry | June 7, 2011, Tuesday // 13:55 | Viewed: 1833

Bulgarian Cigarette Company Tables EUR 1 M Profit Q1

Bulgarian state cigarette producer Bulgartabac registered a net profit of BGN 2.17 M for the first quarter of 2011.

Business » Industry | May 31, 2011, Tuesday // 10:50 | Viewed: 1666

Bulgaria Socialists Slam Tobacco Giant Third Sale Attempt

The requirements for the potential investors in the privatization of Bulgaria's state tobacco giant Bulgartabac Holding practically ban big foreign players from bidding, according to the opposition Socialist party.

Business » Industry | May 30, 2011, Monday // 15:07 | Viewed: 2191

Chinese Cars to Be Made in Bulgaria Furor at Ruse University Fair

Prototypes of the cars of Chinese manufacturer Great Wall Motors that will be produced in Bulgaria's Lovech generated heated interest Thursday at the opening of the auto and agricultural equipment fair at the Ruse University "Angel Kanchev.

Business » Industry | May 19, 2011, Thursday // 17:30 | Viewed: 17231

EC to Finally Give Green Light to Sofia Waste Plant

The European Commission's approval of the first stage of the construction of the waste plant near Sofia is expected in just weeks, according to the Head of the Regional Policy Directorate, Dirk Ahner.

Business » Industry | May 14, 2011, Saturday // 17:35 | Viewed: 2815

Coca-Cola Announces New Bulgarian Investments on Its 125th Birthday

Coca-Cola Hellenic has announced new investments in Bulgaria's capital Sofia amidst the celebrations of Coca-Cola's 125th birthday.

Business » Industry | May 13, 2011, Friday // 18:58 | Viewed: 4910

Bulgaria's Corporate Bank Head Eyes Tobacco Giant

The head of Bulgaria's Corporate Commercial Bank, which is believed to finance the media group of mogul Irena Krasteva, has confirmed his interest in the privatization of the country's state tobacco giant Bulgartabac Holding.

Business » Industry | May 11, 2011, Wednesday // 13:37 | Viewed: 2864

Bulgaria Pinpoints Strategic Areas to Boost FDI, Create Jobs

Bulgaria's sector-based strategy for the attraction of foreign investments was presented by Minister of Economy and Energy Traicho Traikov at a forum in Sofia Tuesday.

Business » Industry | May 10, 2011, Tuesday // 14:25 | Viewed: 2037

Bulgaria's Tobacco Giant in Third Sale Attempt

A notice for the privatization of Bulgaria's former state tobacco monopoly Bulgartabac Holding is due to be published in the State Gazette on 10 May.

Business » Industry | May 10, 2011, Tuesday // 10:16 | Viewed: 2330
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