All articles - Page 8990

PHARMACHIM ACQUISITION DEAL APPROVED

The Fair Competition Commission approved on Wednesday the acquisition of a 100 % stake in drug maker Pharmachim Holding and of a 45,9 percent stake in the holding’s research unit by domestic pharmaceuticals maker Sopharma. The all-cash deal values at EUR

Business | August 1, 2002, Thursday // 00:00

DECISION ON ONE-OFF IMPROVEMENT IN BULGARTABAC BIDS TAKEN SOON

The Privatization Agency (PA) will decide by the end of next week whether to ask the four bidders for an 80% stake in the Bulgarian tobacco monopoly Bulgartabac for a one-off improvement in their offers, PA Executive Director Apostol Apostolov said, quote

Business | August 1, 2002, Thursday // 00:00

PIRINSKO PIVO BREWERY INCREASES MARKET SHARE TO 12%

Blagoevgrad-based beer maker Pririnsko Pivo boosted in market share from 3-4% in 1998 to 12% in 2002, Dnevnik Daily reported. Some BGN 5 M have been invested in the brewery after it was acquired in 1997 by the Zlaten Lev privatisation fund to boost annual

Business | August 1, 2002, Thursday // 00:00

DRAFT CONTRACT FOR SALE OF INSURER DZI SIGNED

Draft contract for the sale of 80% stake in the State Insurance Institute DZI was signed by representatives of the Privatization Agency (PA) and the sole bidder for the state insurer Contract Sofia July 31, Pari Daily reported. For the deal to materialize

Business | August 1, 2002, Thursday // 00:00

EXPERTS: DEMOLITION OF THREE MISSILES' COMPONENTS IS DANGEROUS

The pyrotechnical method the American company CDI proposed for the destruction of eight out of the eleven groups of components of Bulgaria's Scud, SS-23 and Frog missiles pose no hazards to people or the environment, the conclusions of experts and scholar

Politics | August 1, 2002, Thursday // 00:00

TELECOM MONOPOLY REMAINS VALID IN 2003 UNDER BILL

The monopoly of the Bulgarian Telecommunications Company over fixed telephone network and leased lines, which expires officially December, 31 2002 will be also valid the year after that, under Telecommunications Bill, which is being prepared by the Transp

Business | August 1, 2002, Thursday // 00:00

CONSUMER ATTITUDE ABOUT STATE OF ECONOMY DETERIORATES

Consumer confidence in the current state of the Bulgarian economy declines with one point each three months since October last year, the National Statistical Institute announced. In July 2002, it reached a level of minus eighteen percent.

Business | August 1, 2002, Thursday // 00:00

TURKEY'S PARLIAMENT VOTED ON WEDNESDAY TO HOLD AN EARLY GENERAL ELECTI...

Turkey's parliament voted on Wednesday to hold an early general election on Nov. 3.

World | July 31, 2002, Wednesday // 00:00

SIX EXPLOSIONS ROCKED AN ETHNICALLY MIXED VILLAGE IN KOSOVO ON WEDNESD...

Six explosions rocked an ethnically mixed village in Kosovo on Wednesday, injuring two U.S.

World | July 31, 2002, Wednesday // 00:00

ON AUGUST 12 THE LATEST, THE BULGARTABAC SUBSIDIARIES IN ISPERIH AND D...

On August 12 the latest, the Bulgartabac subsidiaries in Isperih and Dulovo will have to pay what is owed to the tobacco producers for last year’s crop. That agreement was reached by the Executive Director of the tobacco holding Georgi Kostov and the prot

Politics | July 31, 2002, Wednesday // 00:00

BULGARIA DECLARES WAR ON MODERN HIGHWAYMEN WHO PREY ON FOREIGNERS

AFP Bulgarian authorities are taking tough action to combat the country’s growing number of “road pirates” — armed men posing as police officers who are attacking and robbing drivers.

Views on BG | July 31, 2002, Wednesday // 00:00

THERE IS NOTHING DANGEROUS IN THE DEMOLITION OF THE SS-23 MISSILES, TH...

There is nothing dangerous in the demolition of the SS-23 missiles, the stockpiles inventor Academician Sergey Nepobedimii told Radio Free Europe. He explained that the engine could be incinerated at a special stand.

Politics | July 31, 2002, Wednesday // 00:00

THE BULGARIAN STATE RAILWAYS WILL USE SPECIAL WAGONS TO TRANSPORT ITS ...

The Bulgarian State Railways will use special wagons to transport its clients’ cars in the destinations of Sofia-Karlovo-Varna and Plovdiv- Burgas. The price of the new service varies from BGN 30 to BGN 50 depending on the size of the vehicle.

Politics | July 31, 2002, Wednesday // 00:00

THIRTY UNEMPLOYED BULGARIANS, AMONG WHOM UNIVERSITY GRADUATES, OBTAINE...

Thirty unemployed Bulgarians, among whom university graduates, obtained their international certificates after completing a training course under the PHARE program. They have acquired entrepreneurship skills.

Politics | July 31, 2002, Wednesday // 00:00

PRICEWATERHOUSECOOPERS WILL SELL ITS CONSULTING ARM TO IBM FOR ROUGHLY...

PricewaterhouseCoopers will sell its consulting arm to IBM for roughly USD 3.5 B.

World | July 31, 2002, Wednesday // 00:00

A PALESTINIAN BOMBING KILLED AT LEAST SEVEN PEOPLE AND WOUNDED MORE TH...

A Palestinian bombing killed at least seven people and wounded more than 80 on Wednesday in a cafeteria at an international students center in Jerusalem's Hebrew University. The military wing of the fundamentalist Islamic group Hamas claimed responsibilit

World | July 31, 2002, Wednesday // 00:00

CASE OF ALLEGED BULGARIAN SMUGGLERS POSTPONED AGAIN

Only five minutes lasted Wednesday’s hearing in the Turkish court on the case of the twenty-nine Bulgarian nationals, arrested at the Kapi Kule border checkpoint, Bulgarian consul in Edirne Georgi Dimov announced. The defendants were detained on May 10 an

Politics | July 31, 2002, Wednesday // 00:00

TRADE UNIONS TO RENEW DEMAND FOR REFERENDUM ON N-PLANT

The Confederation of Independent Trade Unions in Bulgaria (CITUB) will renew their demand for a referendum on the future of Kozloduy Nuclear Power plant. According to the assessment of the International Atomic Energy Agency, parts of which were presented

Politics | July 31, 2002, Wednesday // 00:00

LOCALS PROTEST AT ZMEEVO FIRING GROUND

Some two hundred locals from the Stara Zagora municipality gathered at noon in front of the Zmeevo firing ground, a no entry zone. They protest against the demolition of Bulgaria’s SS-23, Scud and FROG missiles there.

Politics | July 31, 2002, Wednesday // 00:00

CONSULTATIVE COUNCIL CONFIRMS MISSILES DEMOLITION WILL TAKE PLACE AS PLANNED

The Consultative Council on National Security reaffirmed the political will for the destruction of the missiles at a meeting on Wednesday. President Parvanov talked in details about the incineration of Bulgaria’s SS-23, Scud and FROG missiles.

Politics | July 31, 2002, Wednesday // 00:00

ADDITIONAL FUNDING OF BGN 34 M FOR ROAD EXECUTIVE AGENCY SUGGESTED

A proposal for the disbursement of additional funding of BGN 34,3 M to Road Executive Agency will be moved to the Cabinet on August 1 by Deputy Prime Minister Paskalev and Finance Minister Velchev. The money has been secured through expenditure cuts in th

Business | July 31, 2002, Wednesday // 00:00
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