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Business
09-05-2008 13:12
The Finnish Tourists Ignore Bulgaria
The number of Finnish tourists in the last years decreases. The unpleasant tendency was commented by the Finland Ambassador to Bulgaria. In 2005 Bulgaria was visited by 90,000 Finnish people, while in 2007 their number decreased to 65,000.No matter that Bulgaria ranks third in attractive tourism destination according to the Finnish tourists. They like Bulgaria a lot, but also have very serious remarks about local services and loud resorts. още »
13-05-2008 00:59
Investors Run Away From Bulgarian Mafia, Move to Romania
The foreign investors were scared by the Bulgarian mafia and are seriously considering to move their business to Romania, writes the online media “Romania libera” citing the Romanian TV “The money channel”. The situation in Bulgarian from the viewpoint of the business climate is much more difficult than that in Romania, because the Bulgarian politicians and officials are in close relations with the mafia, claim anonymous businessmen, cited by the newspaper. още »
12-05-2008 14:00
Bulgaria and Romania are the Biggest Contributors to Coca-Cola HBC's Profit
Coca-Cola HBC saw a 10% increase in its volume of sales on emerging markets in the first quarter of the year, after it sold 202.2 million unit cases, up from 184 million a year ago, with Romania, Bulgaria, Russia, Serbia and Ukraine making the biggest contribution to this increase. Net revenues from sales witnessed in this area climbed by 14%, and reached 538. още »
12-05-2008 13:04
Bulgarian Export Raises with 30%
Bulgaria has exported 30% more goods for January and February compared to the same period last year, money.bg announced. In money the raise equals 1, 147 billion BGN (573 million EUR).The biggest is increasing of the export of fats, butters and waxes of animal origin for the EU countries - more that 6 times. The mineral fuels and products, soft and alcohol drinks and tobacco's export to EU also have increased twice. още »
12-05-2008 12:15
Bulgaria Has the Highest Budget Surplus
The money of the budget surplus should be somehow returned to the tax payers. That claims Georgy Angelov, economist of the ‘Open Society' foundation. Since the beginning of the year to the moment the surplus has raised to 1,660 000 000 BGN (880 million EUR). The data of the Finance Ministry's last report shows this amount is triple than the same period of the last year. още »
12-05-2008 10:38
Plovdiv International Fair Starts Today
The Bulgarian minister of economy and energy Peter Dimitrov will open today in Plovdiv the International fair of consumer goods and technologies.991 companies from 36 countries have registered for participation in the event, 668 of which are Bulgarian. Most of the foreign companies are from Italy, Poland, Germany, Turkey, Greece and Spain. The new participant countries are Ukraine, Norway, San Marino and Singapore. още »
11-05-2008 18:10
Foreign Investments in Bulgaria - Dirty Money Laundering?
As EU newcomer Bulgaria aims to attract ever larger flows of foreign investment, authorities and analysts have raised fears that part of the money streaming into the country may have been laundered. "A growing number of investigations come to a dead end as we find that money that we had good reason to consider dirty, or resulting from criminal activity, has been transferred through foreign banks and returned to Bulgaria as 'fresh' investment," said national investigation service chief Boyko Naydenov. още »
09-05-2008 14:44
US to Fund Establishment of Bulgarian Naval Surveillance System
The United States will finance under international military funds the establishment of a coastal radio location system for navigation control and safeguarding Bulgaria's sea border, local press reported Thursday citing Bulgarian Naval Forces Commander Vice Admiral Minko Kavaldzhiev.Kavaldzhiev announced this during a joint news conference held together with the visiting US Chief of Naval Operations Admiral Gary Roughead in Bulgarian Black Sea city of Varna. още »
09-05-2008 13:38
Bulgarian Builders Turn to Venezuela
There are strong chances Bulgarian firms to realize projects in the constructions field in Venezuela due to the increased demand of real estates in there. This was informed by Stefan Zlatarov, chairman of Bulgarian - Venezuelan Trade Chamber on a meeting with Tsvetan Simeonov, vice-chairperson of Bulgarian Chamber of Commerce.Between the both organizations was reached an agreement for exchanging of information for supply and demand by Venezuelan and Bulgarian companies with the business contacts purpose. още »
09-05-2008 12:18
German "Heinemann" Plans Investments in Bulgaria
One of the biggest operators of duty free trade in the world – the German “Heinemann” has serious investment intentions towards the Bulgarian market, writes “Pari” newspaper.The company has officially deposited its interest in a letter to the Bulgarian prime minister Sergei Stanishev. The letter is signed by Christoph Hoisser, member of the board of directors of “Heinemann” on 29 April. още »
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