The Bulgarian-German Consortium “KG Maritime Shipping” bought 70% of the capital of the company “Navigation Maritime Bulgare”.The contract for privatization was signed by the director of the Privatization agency Todor Nikolov and Yavor Iliev – executive director of “KG Maritime Shipping”. The Bulgarian-German Consortium was the only candidate for privatization of 70% of the shipping company which was in compliance with all the competition criteria. още »

We are continuing to act according to the contract for supply of resources to "Kremikovtzi". We are glad from the court's decision to declare the factory insolvent and to appoint a syndic, chosen by us. These were the words of the Director of the Ukrainian company "Vorksla Steel" Viktor Demeniuk, cited by BGNES.He expressed his satisfaction from the date since which "Kremikovtzi" has been declared insolvent - December 31 2005 as well as from the fact that the current management can no longer control his assets and liabilities. още »

The Bulgarian Association of the Food and Drink industry insists on a reduction of VAT for food products, BNR announced. The arguments are that the average value of VAT on foods in the European Union is 6-7%.16% of the income of citizens from the old member states goes for food, statistics reveals. In comparison Bulgarian citizens give 40% of their income for sustenance. още »

Both inventories and extremely important financial-accounting documents are being looted from Kremikovtzi. This is written in a letter of the KNSB and KT “Podkrepa” trade unions' organizations in the Bulgarian metallurgy enterprise to the chief prosecutor, the minister of interior and the minister of justice, informed BTA.To remind, yesterday Sofia city court adjudged “Kremikovtzi” in insolvency. още »

The electric company "CEZ" has issued 2 million invoices in the last 3 months as only 7 thousand reclamations have been made from the company's start in Bulgaria. This was announced at the presentation of the ways of alternative payment of energy bills to "CEZ".Lubos Pavlash, Regional Manager for "CEZ" Bulgaria said that there are problems in the company not because of the three month term for reading but in the renewal of registration of clients. още »

A body of the Sofia city court decreed that "Kremikovtzi" AD is insolvent. A start date of the insolvency and a motion for bankruptcy of the company has been set in the judicial act, news.bg announced.A temporary syndic has been appointed for Kremikovtzi AD. The "Kremikovtzi" press center said that they have been informed for the court's decision, but refused comments for now. още »

An Austrian business delegation arrived on a visit to the Bulgaria Danube town of Vidin. The Austrian trade chamber together with its foreign trade representations in Bucharest and Sofia organize a trip with a ship on the Danube from Jelezni vrata. Serbia to Constanta, Romania under the leadership of the vice-president of the Austrian trade chamber Rihard Schentz and the Austrian vice-minister of economy and labour Joseph Meyer. още »

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The Commission for Consumer Protection permitted the acquisition of direct or indirect independent control by "Evrokom Cable Management Bulgaria" on a separate business of "Insait-Kom". The Commission decreed a preliminary execution of the decision, reads a message from anti-monopoly body. "Insait-Kom" OOD distributes TV signal through the cable network and offers Internet access for Sofia city. още »