Radisson SAS Grand Hotel opened in the heart of Sofia by the corporate president and CEO Kurt Ritter and mayor of Sofia Stefan Sofianski. The perfect location of the hotel - in the center of the town makes it a perfect meeting point for the local communit
Bulgarian export should increase rapidly, US ambassador to Bulgaria Richard Miles said at the opening of a conference on competitiveness of the Bulgarian economy, organised by the US Agency for International Development. The state usually fails to point o
Italian bank UNICREDITO was annnounced today the investor of 2000 in Bulgaria. UNICREDITO aquired largest BG bank Bulbank for the amount of USD 301.
Very much unemployed young people, strong region differentiation and high percent /around 50%/ of people who are unemployed for more than a year – these are some of the typical employment features in Bulgaria which makes us close with developed countries
OMV Austria intends to acquire a 15% share of the BG oil market. Since 1998, when OMV Ltd.
BG will complete successfully the three-year agreement with IMF and will receive the last tranche of $60-70 M in May. There are no obstacles for BG to receive the last tranche, Johannes Wijnholds, IMF executive director for the Dutch Group and Bulgaria sa
A tender for the construction of a 6-km part of a road between Varna and Burgas on the Black sea coast will be opened soon, regional development ministry sources said. The construction will be funded by one of EU programs.
The State Tax Administration forbade to 121 persons to leave the country for unpaid taxes, authorities reported. They are mainly managers of companies which owe to the state budget amounts exceeding more than DEM 3000 each.
An appeal againts the Labour code, issued by the Union of Employers for its members not to sign contracts with employees put a strong dispute with the two other organizations - Bulgarian Industrial Association and Bulgarian Chamber of Commerce. No comment
Bulgarian airlines Balkan may restore flights to London and Dubaj, starting April 30, was announced today. Balkan creditors supported the idea, otherwise the company will be expelled from IATA, sources added.
National movement Simeon II, which will run for the forthcoming elections and was launched a week ago opened today office at Tsar Shishman Street downtown Sofia. The chief of staff will be Nikolay Matinov, Bulgarian living for the past 27 years in the USA
Bulgarian government held an open session in Sofia with more than 450 participants in Business Easter discussions. Ministers reported to the business representatives, some of them Bulgarian living abroad, on their activities.
BG Deputy Prime Minister P. Jotev and Dick Benschop, Dutch State Secretary for Foreign Affairs signed a memorandum of understanding on development of projects between BG and the Netherlands.
Strategy for the sale of the Bulgarian Telecom (BTC) is almost ready and will be submitted for approval to the government before general elections June 17, Transport and Telecom Minister A. Slavinski stated.
Johannes de Beaufort Wijnholds, director of the IMF `Dutch Group`, responsible also for Bulgaria arrived in Sofia. A new agreement with Bulgaria will be discussed after the elections, he said at the airport.
Bulgarian prime minister I. Kostov will pay visit to the United States in May to meet vice president R.
NATO will provide equipment for a modern air base center for airborne emergency medical help in the vicinity of Plovdiv. The new medical center will be built on the site of the existing military hospital and it will be equipped with most sophisticated app
More than 1000 participants joined Bulgaria Easter business discussions all around Bulgaria. Some 50 to 70 of them are Bulgarian living abroad, who were invited to share their opinion on the current issues.
National movement Simeon II will participate in the forthcoming elections with no coalitions with other parties, a press announcement from King`s office said. The movement launched by the living in exile BG king Simeon is expecting registation in the cour
Dutch prime minister Wim Kok arrives to Sofia for official visit on Tuesday.He will meet BG PM I.
Turnover on the Bulgarian Stock Exchange-Sofia is comparatively low: the sale of 3,347 shares worth slightly over BGN 5,200. No bonds were sold.
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