Sevlievo-based Ideal Standard, bathroom fixtures and ceramics maker, owned by American Standard, stopped using the nearby airport at Gorna Oryahovitsa. So far the company used the airport for exporting its produce and was its main client.
The privatisation in the Economy Ministry was halted, following Economy Minister’s Nikolay Vassilev order of January 8, which abolishes the methods of denationalisation of 6 ventures and one separate business. The companies are: “Vinimpex”, “Agrocomplect”
Bulgarian-registered Hebros Bank, owned by Hong Kong investment fund Iregent, would be the first potential buyer of Biochim bank to launch a legal and financial analysis at the state-owned bank. The other candidates are expected to announce the dates of t
According to Finance Minister Milen Velchev, the deal on the biggest GSM operator MobilTel is already “effective“ and the money has already been transferred. Bulgarian Prime Minister Saxe-Coburg as well as Deputy Prime Ministers Nikolay Vassilev and Lidia
Imprisonment and fee of up to BGN 2,000 will be the punishment for those who sell alcohol to children, amendments to the penal code envisage. The Justice Ministry has already tabled the amendments in Parliament.
Former Nevada governor Bob Miller and his Bulgarian partner Maxim Behar (CEO, M3 Communications Group, Inc.) met on Wednesday President- elect Georgi Parvanov and Deputy PM Nikolay Vassilev.
US Ministry of Agriculture granted credit guarantees amounting to USD 7 M for the sale of US agricultural goods in Bulgaria, the US center in Sofia reported. Five Bulgarian banks will be allowed to participate in the program – First Investment Bank, SG Ex
Twenty Bulgarian military men will leave for Afghanistan till the middle of February, Foreign Ministry spokeswoman Elena Poptodorova announced. They are to participate in the maintenance of special facilities for cleansing the human body from radioactive
Devices similar to sensor scales are to be installed on the desks of MPs in the Bulgarian Parliament. The move has been initiated by Ognyan Gerdzhikov, Parliamentary Speaker, and aims to stop the double voting.
The privatization strategy of Bulgartabac will be presented to Deputy Prime Minister Nikolay Vassilev by January 15, Apostol Apostolov, Executive Director of the Privatization Agency announced. After being discussed by the working group on Bulgartabac’s p
Former Yugoslav President Slobodan Milosevic clashed with U.N.
Bulgarian sports delegation leaves for Greece. The Bulgarian officials will discuss with their Greek colleagues cooperation during the 2004 Olympic Games in Greece.
A total of 130 privatisation deals concluded since 1997 are to be checked by the Transport Ministry. On some of them have already been imposed BGN 3 M of forfeits.
U.S.
Reuters Sale consultant Deutsche Bank has advised Bulgaria's government to sell state telecom monopoly BTC through a two-stage tender without setting a starting price, a Deutsche Bank source said on Tuesday.
Reuters Bulgaria has restructured indebted state railway company BDZ by splitting it in two, ending its monopoly in the sector, the Transport Ministry said on Wednesday.
Pope John Paul II confirms his desire to visit Bulgharia on May 24 and to have a meeting with the Patriarch of the Bulgarian Orthodox Church in a letter handed on January 9 to patriarch Maxim by Archbishop Leonardo Sandri, First Deputy Secretary of State
British American consortium negotiates with the Government for the purchase of Mobikom. The English telecom giant Vodafone has a leading part in the consortium.
Bulgargas, Bulgaria’s gas distributor monopolist, expects to post a profit of BGN 30 M, before the taxation for 2001, Dnevnik Daily wrote. The company’s loss for the precious year was put at BGN 95 M, a result of the company’s and big consumers’ liabiliti
A special US committee that will work on the destruction of Scud and SS-23 missiles is expected to be formed by the end of January. The committee will arrive in Bulgaria for talks, Defence Minister Nikolay Svinarov said.
What happened in Libya is just an ordinary crime, neither the first nor the last of its kind, Foreign Ministry spokeswoman Elena Poptodorova said, commenting the incident with the Bulgarians in a village near the Libyan capital Tripoli, who were detained
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