The Bulgarian government granted 1.959 million BGN (0.979 million EUR) from the budget for electricity supply of the Industrial part “Rousse”, Bulgaria. The money is needed for the for the implementation of an investment plan of the French company Montupet S.A.Aluminium motor units for world brands such as Renault, Peugeot, Audi and Ford will be made in the car factory. още »

At a working meeting in Belene, Bulgaria, representatives of the National electric company (NEC), “Atomstroyexport”, “WorleyParsons” and Belene municipality have signed a protocol for opening of a construction line of a nuclear power plant. This announced the press center of the municipal administration, cited by BNR.The document was signed by the chief executive director of NEC Lyubomir Velkov, the manager of “NPP Belene” enterprise Yordan Georgiev on the part of the Contractor, the vice-president of “Atomstroyexport” Genadii Tepkiyan – head of “Management of the NPP Belene construction”, the manager of “Atomstroyexport – branch Belene” Sergei Hudyakov, the chief architect of Belene Plamena Agalova and representatives of “WorleyParsons”. още »

"Bulgargaz" issued an ultimatum to the Bulgarian metallurgic enterprise “Kremikovtzi” - if the management board of the company does not pay its duties until 4 p.m., "Bulgargaz" will stop the gas supplies to the enterprise. The ultimatum has been presented through a letter of the executive director of “Bulgargaz” Dimiter Gogov to “Kremikovtzi”, informs the Lyudmil Pavlov, leader of “Podkrepa” syndicate. още »

The Swedish media company Modern Times Group (MTG) announced the signing of a contract for the purchase of the Bulgarian Nova Televiziq (Nova TV) for the price of EUR 620 million, Reuters announced. The new owners expect the final closing of the deal within 3 months. The Swedish company intends to expand its activities in Eastern Europe, because it assesses the region as rapidly expanding. още »

The Commission for Consumer Protection fined the Association of Milk Producers in Bulgaria (AMB) with 15,000 levs and levied a fine of 10,000 levs to the "National Association of Milk Producers" union for violations. The commission also decreed the cessation of the activity of the association and the milk union. The Commission started its session after series of messages from the media as well as data from different state institutions of a sharp increase of the price of white and yellow cheese in July and August 2007. още »

The debt of Bulgarian citizens towards banks and leasing institutions amounts to 10 billion levs. Credits have increased by 50%, "Industry Watch" reports.At the same time, however, the wealth of the Bulgarian citizen has increased by 23% for a year from June 2007 until now.According to economist Georgi Angelov real income 2-3 times above what is declared is being concealed in the construction and tourism sectors. още »

Prices in the industry have increased by 14 and half percent for a year in Bulgaria. This is shown by data of the national statistics of the country, cited by BNR (Bulgarian National Radio)In the recycling industry in July prices in the internal market have risen by almost 18 percent in comparison to the same period in 2007.The biggest increase is in the food and beverage industry - by 22. още »

The management of "Kremikovtzi" has declared an emergency at the factory because of suspended gas supply. This was announced by the deputy chair of "Metalici" federation in KNSB Reneta Petrova. KNSB (major Bulgarian syndicate) insists on immediate acceleration of the bankruptcy announcement procedure, the appointment of syndics and the renewal of gas supply to the factory. още »

"Kremikovtzi" will most probably be declared bankrupt. The reason is that the company declares insolvency and financial obligations of over 2 billion levs, the attorney of Konstantin Zhivago's firm "Rua investment" said, cited by BNR (Bulgarian National Radio). The comment was made after the end of the suit for bankruptcy of the company at the Sofia city court. още »