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.
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.
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
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
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.
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.
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.
$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.
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.
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.
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
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.
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
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.
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.
Texaco will acquire 50% of Prista Oil by mid-April. Last year the share of the foreign company in Prista Oil was 25%.
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.
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
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.
One of the largest departments stores in Bulgaria - TZUM will offer bond debts worth EUR 8 M on Sofia Stock Exchange soon, managers said. The 5 Y bonds are expected to have annual interest of about 13%.
Light earthquake had shaked Strazhitsa in Nothern Bulgaria Saturday midnight. 2.
Bulgaria will start exproting electricity to Italy, I. Shiljashky, Energy Agency chairman said.
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