ROYAL FRANS MAAS TO INVEST DEM 6 M
Royal Fans Maas Group will invest DEM 6 M in the building of terminal and logistics facilities in Sofia. The international forwarding and logistics concern acquired 51% of BG companies VECTRA Ltd.
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NEW RIGHTIST PARTY FOUNDED IN BG
A new party named Conservative Union Ekip was founded Thursday in Sofia. It is based on the former PM`s key countrerparther in UDF (ruling party) Hristo Bisserov, recently expelled.
9 BULGARIAN IT COMPANIES AT CEBIT
9 BG IT companies are represented at CeBIT in 2001. Datecs and Daisy Technology have their own stands.
DEM 2 M HIGHEST PER ELECTION CAMPAIGN
Each coalition in BG will be allowed to spend DEM 2 M at highest for its election campaign, the amount for single parties will be twice lower, parliamentary legislative comission decided. All participants must have clear invoices for the expenses.
LEVIEV TO INVEST $200 M IN MOBILTEL
The Israeli businessman Lev Leviev, owner of BG GSM operator MobilTel, plans to invest $200 M in the GSM operator in the next few years. The investment aims at developing the GSM network, raising the quality and reducing the prices of the services.
BAVARIA TO IMPROVE BG JUDICIAL SYSTEM
Bavaria will provide help to improve Bulgaria`s judicial system. In May Bavarian leading prosecution experts will arrive in Bulgaria to provide legal assistance on national and regional level.
ELECTRONIC SIGNATURE LAW APPROVED
The parliament approved on Thursday The e-Signature bill, which come into power 6 months after prublication in the State Gazette. E-signatures will not be valid if transactions require qualified written form or if the act of holding of a document or a cop
$ 6 M TO INVEST SPANISH ROCA IN BG
The Spanish corporation Roca will invest near USD 6 M during the coming one year for production of bathroom equipments in a plant nearby Shoumen, NorthEast Bulgaria. Roca is already the official supplier of the the newly built Hilton in Sofia.
APRIL 19 BG PARLIAMENT WILL BE DESOLVLED
April 19 will be the last working day of the Bulgarian parliamanet, the Constitutional court decided on Thursday. This pariament is the first one since 10 years to serve full 4years term.
THREE BG DIPLOMATS OUSTED FROM MOSCOW
Three Bulgarian diplomats left Moscow already, ousted from Russian authorities as a response to the BG decision to ask three Russian diplomats to leave Sofia. Two of them left Moscow by car to Ukraina, the third left on a plane.
NATO TROOPS TO CROSS BG FOR 5 YEARS
BG Government approved agreement with NATO allowing troops and equipment across Bulgaria. The agreement was signed in Brussels in March and now is pending for Parliament approval also.
INTERNET PROVIDER PROLINK ON SALE
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 TO RESUME DOMESTIC FLIGHTS
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.
FRENCH EMBASSY IN SOFIA TO BE SUED
Pension security fund Rodina will sue the French Embassy in Sofia, Executive director D. Vuchev said.
FROM 10 APRIL NO VISAS TO EU
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.
CEREAN CONFERENCE IN OCTOBER
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
OTE WILL BID FOR BULGARIAN TELECOM
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
ASTRA ZENECA INTENDS TO PACK IN BG
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.
GSM LICENCE TO BE GIVEN TO BTC
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.
DRESDNER BANK READY TO PULL OUT BULGARIA
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 ALL INDUSTRY IN BG IS PRIVATE
82% of Bulgarian industry is already private, N. Nikolov, MP said.
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