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 »

The German company "Golden Buffalo" intends to establish wind generators in the Bulgarian village of Gorski goren Trambesh. This became clear after a meeting between representatives of the company and the mayor of the municipality Yordan Mihtiev, informs “Yantra today” newspaper.According to the official information, the German company is specialized in the breeding of buffaloes and trade with their products as well as in the setting of wind generators and solar collectors and the cultivation of plants for biofuel. още »

For the first in the last 2 years SOFIX closed under 1000 points for the day. Today's deals stroke a number resembling a summer clearance sell - 999,999 points. The other three market indexes also turned red. BG40 ended at a level of 248.09 points, after reductions in the companies comprising the index by 1.41%. The property index BGREIT lost 0,61% down to 88,00 points, while BGTR30 lost another 0,87% down to 652. още »