One of the largest local Internet providers ProLink is on sale, the owners announced. The investors might be telecommunications or financial companies interested to have sagnificant share on Bulgarian Internet market.
Balkan Airlines might get back partly its licence and resume the domestic flights to Varna and Burgas, at the sea shore. Balkan was announced insolvent, but there is still a small chance to implement recovery program.
Pension security fund Rodina will sue the French Embassy in Sofia, Executive director D. Vuchev said.
No visas will required for Bulgfarian citizens traveling to the EU countries, dated April 10. Some of them although may impose limits of the days to stay, others, like Germany, requiring 50 DEM per day to be shown, can put financial requirements.
Seventh Central European Real Estate Association (CEREAN) conference will take place in Sofia, October 18-20, 2001, Valeri Leviev, its president announced. More than 250 participants from all over the world are xpecting to come, the first ever Real estate
The Greek OTE will bid for Bulgarian Telecom as soon as the tender will be announced, George Skarpelis, OTE Executive VP said. OTE is building the second GSM network in BG now and was unsucessful bidder together with Dutch KPN for the BG Telecom an year a
The pharmaceutical corporation Astra Zeneca is going to invest in a packaging line in Bulgaria. Some of the already existing factoires might be used for the purpose, Astra Zeneca BG office said.
Third GSM licence in Bulgaria will be given to the local state-owned Telecommunications Company BTC, sources said. Possibly it will increase the price of the old fashioned analog company, which privatization deal failed last year.
The German Dresdner Bank will not remain in Bulgaria after splitting procedure with the French BNP, Werben Fick, deputy director of BG branch said. A couple of months ago Dresdner bank sold its share of the joint bank to BNP and now The French own 80% of
82% of Bulgarian industry is already private, N. Nikolov, MP said.
The Bulgarian army contract with Marconi Mobile S.p.
Metro Bulgaria announce it removes the limits for a minimmuim amount of one-time shopping of 50 DEM. The german company owns the largest hypermarket network in Bulgaria - 6 shops with more than 10 000 customers daily.
$5 M will be invested in safety maintenance of 1 & 2 power units of the Kozlodoui nuclear power plant on the Danube. The two reactors will be decommissioned by 2003.
Two Bulgarian employees were fired from German Embassy in Sofia, Knut Abraham, embassy spokesman said. Both were released for `bribe allegations` and used to be responsible for the entry lines which often are long couple of tens of meters.
The minimum monthly sallary in Bulgaria is already 85 DEM, government decided. It is stil mich lower than the average minimum in Central and Eastern Europe, expert said.
Only 10% of all Bulgarian companies could be competitive on the international markets, Market Economy Institute survay says. There are some 500 000 companies registered in Bulgaria, only 1/3 of the are active, K.
The newly appointed director of National Radio I. Borisslavov was declared illegal by the High Administrative court after one of the candidates apply against the procedure.
713 761 people are unemployed in BG. It is some 5 032 more than a month national employment service experts said.
Ban on Bulgarian export of live cattle to the EU countires will be lifted, V. Varbanov, BG minister of agriculture and Robert Callman, EU chief of Commission for health and consumers protection agreed in Brussels.
DEM 420 M is the Bulgarian budget deficit, estimated at the end of February. DEM 892 M are the incomes, 1 312 M were the expenses.
Conference on tourism and environment was held in Radisson SAS in Sofia under the organization of The Prince of Wales International Business Leaders Forum. More than 85 high level opinion makers in the business presented their views how to keep both touri
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