Kremikovtzi steel mill is inevitably heading toward bankruptcy, a senior executive at steel giant ArcelorMittal said on June 4, as quoted by investor.bg.The latest quotes of Kremikovtzi's stock on the Bulgarian Stock Exchange (BSE) showed investors finally believed that this scenario was the sole plausible, the website said.Shares of the debt-laden steel mill plunged to 4. още »

The biggest yacht exposition on water in Bulgaria - 'Bulgaria Boat Show', will be opened tonight in the sea capital Varna. The expo will continue 3 days and there will be presented over 50 new models yachts, 20 of which will be on water, and the rest can be seen on the6 ground. The expensive vessels will be spread over surface of 2,000 square meters. още »

2 new thermo- electric units will be built in ‘Bobov Dol' TPP in Bulgaria. This is the plan of one of the two companies - candidates for the big investment.‘There will be invested in sylph cleaning installations for the already existing 3 units. We need the new two units to reach the acceptable power of 1,000 megawatts' the company's owner Nikofor Vangelov declared. още »

In a remote corner of Hungary close to the Ukrainian border engineers are starting work on construction of the biggest power station in the former communist states of south-east Europe since the fall of the Berlin Wall. The first pair of 400MW units at the Ђ1.5bn ($2.3bn, Ј1.2bn) plant at Nyнrtass are due on stream in 2011, with another four due for completion in 2013. още »

Bulgarian national Valery Bojinov and his wife the chalga singer Alisia are on the edge of divorce, Bulgarian media informed. According to the singer their relationship is not brilliant and the couple faces problems for sure. ‘It is the same with all people', Alisia, who gave birth to a son of the footballer last year comments.According to the rumours during the last few nights the recently returned to his native Bulgaria ‘Manchester City' player was seen in the company of the popular ‘playmate' Zlatka Rajkova. още »

Byala town is preparing to strong tourism season, informed Anastas Trendafilov, mayor of the Black sea municipality. He believes that this summer the resort will welcome more European tourists compared to the previous year.It is also expected growth of the Russian tourists, because they are weakly affected by the current financial crisis worldwide.Trendafilov pointed out that the visa problems continue to get the tourists in difficult positions. още »

A total of 130 million EUR had been invested in 'Stomana Industry' steel producer from 2001 until nowadays. This was told in a press conference by the executive of the company Sarados Mihitos.Entering into function the new department for new steels, which opening occurred on Tuesday, the dynamics of the production is expected to reached 1,4 million tons, Mihitos informed. още »

Bulgarian factory of Nestle - the Swiss nutrition, health and wellness company was picked to develop and start the production of a new chocolate product foreseen for export, informed from the Dnevnik a.m. The work on the new recipe was launched three years ago and so far had been absorbed around 10 million EUR.The investment was spent for the modernization of  local factory and for new production equipment. още »

1 million BGN (0,5 million EUR) will be the investment for infrastructure in the central part of Veliko Turnovo's park Ksilifor, from the tourist association 'Trapezitza 1902' announced. The amount will be used for investments including forming of children spots, alleys, sport playgrounds, swimming pools and others. It is important all the projected facilities and new equipments will be conformed with the disabled persons. още »