GENERAL ELECTIONS TO BE HELD JUNE 17
The general election in Bulgaria will take place June 17, 2001, President P. Stoyanov stated on Thursday.
Business | March 30, 2001, Friday // 00:00
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EUR 5.4 M FOR SOCIAL PROJECTS
Funds amounting to EUR 5,4 M have been provided for the fulfillment of two social projects in Northwestern Bulgaria. EUR 4 M of the total amount will be invested in the development of the labor market and in the education field on behalf of the Social Min
Business | March 29, 2001, Thursday // 00:00
DEM 10 M FOR MARKET PLACES
The german crediting institution Creditanschtalt fur Wiederaufbau will invest DEM 10 M in the building of market places for producers of fruits and vegetables in the city of Pleven.
Business | March 29, 2001, Thursday // 00:00
RWE REMBRAUND TO INVEST DEM 1 B
By the end of April a Bulgarian-German joint venture will be established to operate Maritsa-East mines. German RWE Rembraund is ready to invest DEM 250 in Maritsa-East mines to rehabilitate the equipment.
Business | March 29, 2001, Thursday // 00:00
GREECE TO GRANT EUR 54.3 M
In April the Greek Parliament will vote for a non-resource loan of EUR 54,3 M to Bulgaria. The funds will be used for the implementation of the recovery plan for the Balkans and in particular for the fulfillment of projects for development of the infrastr
Business | March 29, 2001, Thursday // 00:00
BG AND GREECE WITH JOINT PROJECTS
Bulgarian-Greek investment forum was held in Plovdiv resulting in the cooperation of the Chamber of Commerce and Industry of Seres, Greece and the Plovdiv Chamber in implementing joint projects under the EU INTERREG 3 program. The preliminary agreed proje
Business | March 28, 2001, Wednesday // 00:00
HILTON OPENED IN SOFIA
Five stars Hilton Hotel in Sofia made a soft opening for journalists. Hilton, which is located nearby the National palace of Culture, is ready for its official opening.
Business | March 28, 2001, Wednesday // 00:00
$1 B LOSSES FROM BLACK SEA POLLUTION
Losses from pollution of the Black Sea amount to $1 B. Losses from fishery industry amount to $240 M and the lost revenue from the tourist sector amount to $400 M.
Business | March 28, 2001, Wednesday // 00:00
FISON TO INVEST $10 M IN VARNA SHIPYARD
Swedish Fison Invest AB is ready to invest $10 M in Varna shipyard in the case that it can buy the whole works. The company intends to make long-term investments in the shipyard and to build two cruise ships with capacity of 850 to 1250 passengers.
Business | March 27, 2001, Tuesday // 00:00
$306 000 GRANTED FOR REVENUE AGENCY
$306 000 will be granted for establishing Unified Revenue Agency in Bulgaria. The money has been lent by the Japanese budget as a non-recourse loan and will be administered by the World Bank.
Business | March 27, 2001, Tuesday // 00:00
IMF SKOPIE MEETING POSTPONED
The forthcoming meeting of International Monetary Fund, due to be held in Skopie, Macedonia March 31 was postponed, a letter to Bulgarian finance minister M. Radev says.
Business | March 27, 2001, Tuesday // 00:00
RILA SOLUTIONS IS MS GOLDEN PARTNER
The Bulgarian company Rila Solutions received on Tuesday the official certificate for Microsoft Golden partnership. It is the first MS Golden partner in the region.
Business | March 27, 2001, Tuesday // 00:00
ISRAELI LEVAEV OWNER OF MOBILTEL
Israely businessman Lev levaev became oficially owner of 100% of Mobiltel - the only one GSM operator in Bulgaria on Tuesday. LL Telecommunications Holding owned by Levaev received the shares, but the it will sell soon some 25% to two other Israeli busine
Business | March 27, 2001, Tuesday // 00:00
4% Threshold to Make It to Parliament*
The paries must have at least 4% of the votes to enter the parliament in the forthcoming elections. It is the same requirement as it exist at the moment.
Business | March 27, 2001, Tuesday // 00:00
PRINCESS TO BUILD $3.5 M TRADE CENTER
Turkish company Princess will invest $3,5 M in the building of a trade center in Mladost District in Sofia by March 2001. The center will consist of supermarket and stores for various goods, 3 cinemas, bowling hall, 11 to 12 fast-food restaurants, and ent
Business | March 26, 2001, Monday // 00:00
BALKAN OWNER INVESTIGATED IN ISRAEL
Israeli Gad Zeevi, the majority owner of Balkan Airlines is investigated in Israel for the privatization of the local telecom Bezeq. Balkan was announced insolvent a couple of weeks ago.
Business | March 26, 2001, Monday // 00:00
TWO SENTENCED FOR ILLEGAL SOFTWARE USAGE
First ever trial for illegal software usage in Bulgaria was finilized with a sentence. The regional court in Blagoevgrad sentenced two owners of small company to pay a penalty.
Business | March 26, 2001, Monday // 00:00
TEXACO ACQUIRES PRISTA OIL
Texaco will acquire 50% of Prista Oil by mid-April. Last year the share of the foreign company in Prista Oil was 25%.
Business | March 26, 2001, Monday // 00:00
50% MORE ORDERS FOR BURGAS SHIPYARD
The Burgas shipyard has gained DEM 1 100 000 from ship repairs since the beginning of Y 2001. This marks 50% increase in comparison with last year`s orders for the same period.
Business | March 26, 2001, Monday // 00:00
AMBASSADOR ASK: 2007 BULGARIA ENTERS EU
I see January 2007 Bulgaria as a full EU member, Swedish Ambassador to Sofia Sten Ask said in a press conference on Monday dedicated to Stockholm summit. Many Swedish companies like Ericsson, Astra Zeneca and Fison Invest express great interest to invest
Business | March 26, 2001, Monday // 00:00
BCC WITH DEM 457 M PROFIT
The net profit of the BG Bank Consolidation Company for Y 2000 is DEM 457 M, Deloitte & Touche reported. The profit will be distributed in the form of dividends at a general meeting on April 6, 2001.
Business | March 25, 2001, Sunday // 00:00
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Bulgaria has the Largest Gray Economy in Europe
