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.
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.
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.
Bulgaria's industrial sector grew by 5.1% in March 2011 year-on-year, which is its smallest growth in the past 5 months.
Bulgarian pharmaceutical giant Sopharma has registered record sales for a fourth quarter in a row at the beginning of 2011.
Integrated Micro-Electronics Inc. (IMI), the electronics manufacturing services unit of Philippines-based company Ayala, is buying out EPIQ NV's assets in Bulgaria, Mexico, and the Czech Republic.
Two of the cars of the Chinese motor company Great Wall to be made in the Bulgarian city of Lovech made their debut, the site "Automedia.bg" informs.
Bulgaria's producer price index in the domestic Market grew by 12.1% year on year March 2011, according to the country's National Statistical Institute.
Bulgaria's state cigarette producer Bulgartabac Holding, which is undergoing a privatization procedure, announced a profit of BGN 1.
Bulgaria's state revenue agency has vowed to keep a non-stop watch over the tax papers of the buyer of the country's biggest steel mill Kremikovtzi as many question marks surround the deal.
Korea's КТ&G, Japan Tobacco International, Philip Morris and a few financial investors have declared interest in the privatization of Bulgaria's state cigarette producer Bulgartabac Holding, according to the consultant of the deal.
The Sofia cigarette factory of Bulgaria's still state-owned tobacco giant Bulgartabac has registered a substantial growth in exports.
Bulgaria's largest pharmaceutical producer Sopharma, which registered record profit in 2010, plans to boost its presence in key Eastern European markets.
The lead production facility in the Lead and Zinc Complex in Bulgaria's Kardzhali has been closed down over its management's failure to comply with environmental regulations.
Bulgaria's largest mattress producer TED-BED Jsc has registered impressive results on the European markets, and has directed its attention towards new export destinations such as South Korea and Taiwan.
Drug maker Elder Pharmaceuticals based in Mumbai, India, will beef up the production of its Bulgarian subsidiary Elder Biomeda AD in order to target the European market.
The sale of the bankrupt steel mill Kremikovtzi is good for the State, the Bulgarian capital, and the workers, Sofia's Chief Architect, Petar Dikov, declared Sunday.
The corporate members of the Bulgarian Chamber of Mining and Geology are primarily optimistic about the country's mining industry, a survey of the Chamber indicated.
Bulgaria's state revenue agency said it has launched a thorough probe into the tax papers of the buyer of the country's biggest steel mill Kremikovtzi as many question marks surround the deal.
It is no secret for anyone which financial and industrial group bought the assets of the Bulgarian steel mill giant Kremikovtzi, the Bulgarian Economy Minister Traicho Traikov said Friday.
The Eltrade Company has wired to the Bulgarian Bank for Development, BBD, the amount of BGN 284 399 500 for the purchase of the bankrupt Kremikovtzi steel mill, located near the Bulgarian capital.
Bulgaria's privately-owned First Investment Bank said it had extended a loan of EUR 59 M to the buyer of the country's biggest steel mill Kremikovtzi despite the controversy surrounding the deal.
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