Business » Industry

Bulgaria Steel Giant Kremikovtzi to Lay off 600 More Workers

600 more workers will be laid off by the ailing Bulgarian steel mill Kremikovtzi, according to its syndic, Tsvetan Bankov.

Business » Industry | September 23, 2009, Wednesday // 19:49 | Viewed: 1899

Bulgaria Sofia to Build Tram, Subway Car Factory

Sofia is planing to build a plant for the production of tram and metro cars, the city's Chief Architect, Petar Dikov, announced Thursday.

Business » Industry | September 17, 2009, Thursday // 15:31 | Viewed: 2276

Dundee Precious Metals CEO Gives Thumbs up to Bulgaria Cabinet

Bulgarian Prime Minister, Boyko Borisov, and the new cabinet have the will and the desire to change the investment climate and turn their country into a preferred business destination.

Business » Industry | September 15, 2009, Tuesday // 19:26 | Viewed: 4745

Bulgaria Gets EU Globalization Fund Aid for Steel Giant Layoffs

Bulgaria is going to get BGN 5 M from the European Globalization Adjustment Fund in order to help the workers laid off from its ailing steel giant Kremikovtzi to find new jobs.

Business » Industry | September 13, 2009, Sunday // 19:36 | Viewed: 2280

Bulgaria Industry with Small Growth in July 2009

Bulgaria's industrial production grew by 1,6% in July 2009 compared to the previous month.

Business » Industry | September 10, 2009, Thursday // 19:12 | Viewed: 2057

Bulgaria Steel Behemoth Faces Cash Hole of BGN 1 B

The market evaluation of Bulgaria's obsolete steel mill Kremikovtzi is BGN 837 M, according to the appraisers' report published on the company's internet site.

Business » Industry | September 3, 2009, Thursday // 16:01 | Viewed: 1961

Bulgaria Steel Mill Creditors 'Ready' to Become Shareholders

The 57 largest creditors of the Bulgarian steel mill Kremikovtzi are ready to capitalize their debts and become shareholders according to Podkrepa union leader Lyudmil Pavlov.

Business » Industry | August 30, 2009, Sunday // 15:28 | Viewed: 1876

Bulgaria Producer Prices Continue to Fall in July

Bulgaria's producer price index (PPI) dropped 10,6% in July on an annual basis, following a decrease by 7,3% year-on-year the previous month, official data shows.

Business » Industry | August 28, 2009, Friday // 12:00 | Viewed: 1467

Bulgaria's Canned Food Made with Chinese Tomatoes

Bulgaria's canned food production has declined by 30% in 2009 compared to the 2008 level because of the economic crisis.

Business » Industry | August 27, 2009, Thursday // 17:06 | Viewed: 3321

Metallurgy Workers in Bulgaria's Kardzhali Start Strike over Salary Cuts

About 300 workers in the Lead and Zinc Plant in Bulgaria's Kardzhali started a spontaneous strike on Wednesday.

Business » Industry | July 29, 2009, Wednesday // 13:04 | Viewed: 3736

Bulgaria Arms Producers Want State Guarantees, Protectionism

The Bulgarian arms producers have demanded special state measures for protecting their business.

Business » Industry | July 18, 2009, Saturday // 19:36 | Viewed: 2087

Bulgaria Textile, Clothes Export Expected to Drop by 20%

Bulgaria's export of textile products and clothes is expected to decline by 15%-20% in the fall of 2009 and the winter of 2010.

Business » Industry | July 18, 2009, Saturday // 15:41 | Viewed: 3916

Bulgaria Cosmetics Producer Rubella with 25% Sales Growth in EU

The sales of Bulgarian cosmetics producer Rubella on the EU market have increased by 25% in the first half of 2009 compared to the same period of 2008.

Business » Industry | July 14, 2009, Tuesday // 15:16 | Viewed: 8803

Bulgaria’s Industry, Trade Hit Badly by Economic Crisis

Bulgaria's industry and trade have been affected substantially by the effects of the global financial and economic crisis according to latest statistical data.

Business » Industry | July 10, 2009, Friday // 18:50 | Viewed: 2362

Bulgarian Shipbuilders Demand BGN 200 M Government Aid

The Bulgarian National Shipbuilding and Ship-repairing Association (BULNAS) is demanding a government bailout aid of BGN 200 M.

Business » Industry | July 2, 2009, Thursday // 14:18 | Viewed: 1793

Bulgaria Shipyard Workers Get Half Salary to Stop Strike

The workers of "Rousse Shipyard" in Bulgaria's Danube city of Ruse have received a 50% of one monthly salary Tuesday.

Business » Industry | June 30, 2009, Tuesday // 17:23 | Viewed: 5782

Bulgaria Ailing Steel Mill to Heal in 18 Months

The new "Kremikovtzi Health Plan" provides that in 18 months the steel mill would increase its production from 25 000 to 120 000 tons.

Business » Industry | June 30, 2009, Tuesday // 09:25 | Viewed: 1823

New "Health Plan" Revives Hopes for Bulgaria Steel Mill Kremikovtzi

Bulgaria's ailing steel giant has a new "Health Plan" after its assignee in bankruptcy, Tsvetan Bankov, submitted it to the Sofia City Court Monday.

Business » Industry | June 29, 2009, Monday // 20:52 | Viewed: 2037

Bulgaria Ruse Shipyard Jolted by Workers' Protest over Delayed Pay

Over 600 workers from the "Rousse Shipyard" Jsc, the shipbuilding plant in Bulgaria's Danube city of Ruse, have declared civil disobedience over delayed salaries.

Business » Industry | June 29, 2009, Monday // 14:54 | Viewed: 5471

Bulgaria Dying Steel Mill Faces Crucial Deadline

The deadline for the submission of the "Kremikovtzi Health Plan" with Sofia's City Court expires Monday.

Business » Industry | June 29, 2009, Monday // 11:09 | Viewed: 1974

Two of Bulgaria's Cement Factories Stop Work over Crisis

Two of Bulgaria's five cement factories, Devnya Cement Jsc and Vulkan Cement Jsc are going to shut down temporarily over the lack of demand created by the global economic crisis.

Business » Industry | June 23, 2009, Tuesday // 16:26 | Viewed: 6722
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