The German company Schille plans to invest DEM 40 M in Bulgaria for the construction of four waste recycling plants in the next 2 or 3 years in Varna, Sliven, Russe and Plovdiv, Emil Fingarov, Schille manager announced.”Our initiative is very difficult an
ABSTRACTED from The Herald Imperial Tobacco, cheered by regaining its market leadership in the UK, is now on the hunt to make acquisitions overseas and particularly in countries where cigarette manufacturing is being privatised.
The imposition of road tax may be postponed till 2003, it transpired after the meeting of the Budget and Finance Parliamentary Committee on November 27. In the opinion of the Council on Legislation the taxes can’t be imposed by secondary legislation such
General Atanas Atanassov, Director of National Security Service filed his resignation with the President on November 27. In the afternoon, Atanassov had a meeting with Stoyanov and personally handed in his resignation.
The Parliamentary Group (PG) of the Union of Democratic Forces (UDF) is to decide on Evgeni Bakurdzhiev’s membership in the PG at a meeting on November 28. The leader of UDF Sofia was expelled from the party on November 26.
“A team from the Ministry of Economy will lobby for the attraction of foreign automobile producers to invest in Bulgaria. Highly qualified and comparatively low paid Bulgarian employees coupled with the low taxes are Bulgaria’s advantages, “ Economy Minis
A chapter on Cyberspace Crimes is to be added to the Criminal Code, Justice Minister Anton Stankov, announced on November 27. Cyberspace Crimes include computer frauds, viruses, children’ s pornography, illegal access to computer data.
Bulgarian Foreign Minister Passy and the Yugoslav President Vojislav Kostunica discussed possibilities for bigger cooperation in the border regions of Bulgaria, Yugoalavia and Romania. The officials defined the construction of the Nis-Sofia highway as ext
Coalition “ Antispin” announced that a five-day national anti-aids campaign is to start on December 1. The organizers said that 353 Bulgarians are registered as HIV positive.
Bulgarian Foreign Minister Solomon Passy will pay a two-day working visit to Greece on November 29 and November 30. Passy is scheduled to meet Greek President Konstandinos Stephanopoulos, Foreign Minister Yeoryios Papandreou and parliamentary speaker Apos
Shipping on the Danube is to be restored in 2002 to its level before NATO bombing in April 1999, France press announced. The stopping and subsequent decrease in the Danube navigation affected most of all the countries along the lower reaches of the river.
“Spanish businessmen may invest in the Bulgarian tourism,” Prime Minister Saxe-Coburg said in his address to Bulgarian businessmen and intellectuals in Kurdzali. He visited the Bulgarian town on November 27.
Margarita Pesheva was elected chair of the Council on Electronic Media on November 27. Her opponent was Georgi Lozanov, seven members of the Council voted in favor of Pesheva's candidature.
The Varna Court of Appeal turned down Varna shipyard`s reconstruction plan, prepared by the British shipbuilder Cammel Laird. The plan was rejected due to the British company's bad financial situation.
The Italian Banking Group UniCredito gave positive assessment to the decision to purchase the Bulgarian Foreign Trade Bank Bulbank a year and two months ago and is fully satisfied with the achieved results, BBC announced. Roberto Nicastro, Supervisory Boa
Negative trade balance for 2001 will reach USD 1.9 B a report, presented by Stefan Uzunov, an expert of the Export Encouragement Center, envisages.
Bulgarians rank fourth in the world in annual rise in the number of bank deposits in Switzerland, a report of Swissmoney, UK-based industry researchers, shows. A total of CHF 154,5 M have been transferred from Bulgaria to Switzerland in 2000.
President Petur Stoyanov accepted the accreditive letters of Abdesalam Garbaui, Maroko ambassador, Mahdi Saleh al-Samarai, Iraq ambassador and Marta Ruedas, ambassador of the UN Development Program.
Kostadin Paskalev, Deputy Prime Minister and Minister of State Administration and Richard Miles, US Ambassador to Bulgaria, will open a local administration forum today at the Sheraton Hotel.
The Consultative Council for Legislation Initiatives with the Parliamentary Committee for Labor and Social Policy discussed the Budget Bill 2002 and the amendments to the Compulsory Social Security Code at its session on November 27. The Employment Encou
Bulgarian Press Agency The current account deficit for January-September reached 493.
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