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Business
14-05-2008 17:13
Zhevago and Mittal to Contract Only After 'Kremikovtzi' Declare Bankrupt
‘Vorskla Steel' Company of Ukraine businessman Konstantin Zhevago and ‘Arcelor Mittal' Company of Indian Lakshmi Mittal are in serious competition for the buying of 71% of ‘Kremikovtzi' Steel Mill Company, the Bulgarian Economics Minister Peter Dimitrov declared. In his words, though, both firms have proposed to contract the deal after official declaring the mill's bankrupt. още »
26-08-2008 14:56
Transformer With 50 Tones of Oil Set on Fire in Kremikovtzi
A transformer full with 50 tones of oil burned today on the territory of the Bulgarian metallurgy enterprise “Kremikovtzi” in Sofia, informed the press center of the company. So far there is no information about people injured by the fire.According to information from the Ministry of Interior, seven fire-fighting cars have arrived at the place of the incident. още »
26-08-2008 13:29
Another Increase of Fuel Prices
Since 7 o'clock of August 26 2008 "Lukoil" increased the end prices of all fuels, according to information from the website of the company. The most heavily used gasoline A-95 H is increased by 1.3% and its price is now 2 120.40 levs per 1000 liters.Gasoline A-98 H is increased by 1.25% and will be offered at 2 229.60 levs/1000 liters.The price of diesel registered an increase of 1. още »
25-08-2008 17:28
Major Increase in Construction Wages
A serious increase in the wages in construction throughout the country and Ruse. Because of the lack of workers some construction sites pay 40-50 levs per day for unqualified labor, while skilled workers receive more than that figure, ruseinfo announces.Construction in Ruse does not decrease and in the summer season a small part of construction workers are on seaside sites, because the local mayors have issued orders for freezing construction, while there are tourists. още »
25-08-2008 17:01
New Frauds in the SAPARD Programme
Only in the last 10 days, the internal audit of the reimbursement agency has found 3 new firms, which committed frauds in the SAPARD programme. This was announced by the executive director of "Agriculture" Fund - Atanas Kanchev. The firms have won projects from the programme and have received financing.Kanchev refused to announce the names of the firms, but specified that there is no connection between them and the already known cases with SAPARD violations. още »
25-08-2008 16:34
Tourism 14% of Bulgarian GDP
The tourist industry in Bulgaria provides 14% of the GDP of the country, Moreto.net announces, quoting information from Darik radio. These are the results of the authoritative publishing company Oxford Business Group, on data from 2007. According to the issue in 2008 the tourist sector continues to have an important role in the development of the Bulgarian economy, creating new job positions and providing a constant flow of foreign tourists in the country. още »
22-08-2008 15:28
Seaside Real Estate Agencies Go Bankrupt
An increasing number of real estate agencies have financial difficulties and will stop working in the end of the year. 110 licensed brokers worked in the Burgas region in the beginning of the year.Ten of them have discontinued their activity and 30-40 are on the brink of survival.The information was confirmed by managers of leading Burgas agencies such as "Foros", "Bulgaria" and others. още »
22-08-2008 13:10
Mass Lay Offs in E.ON and EVN
Between 150 - 170 employees of the electric company E.ON will be laid off, because of lack of funds for salaries, BTA claims. Company analysis has shown that there is a potential for optimization of the number of employees in the entire Northeastern Bulgaria.Compensations for the amount of 4 to 16 monthly salaries will be offered to some employees if they leave the company. още »
22-08-2008 12:32
4000 Bulgarian Citizens Receive Income from Interest in the EU
About 4000 Bulgarian citizens receive money from bank account interest, stock interest, securities interest and others in the EU, the National income agency (NAP) announced. That was revealed by information from the tax administrations of the EU member states on income from interest of Bulgarian citizens. Except member states, NAP receives information from Switzerland, Monaco, Liechtenstein, Andorra and San Marino, as well as from ten independent associated territories. още »
22-08-2008 10:25
55% of Bulgarians Work in the Service Sector
Over 55% of the economic active population of Bulgaria (about 3.4 million people) works in the service sector, data from NSI (National Statistics Institute) shows, cited by ipo.bg. The second biggest employer is the industry, where 1.2 million people or 36.7% of the economic active population work. Third is agriculture and foresting, which provides 272. още »
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