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Business
16-05-2008 10:19
KG Maritime Shipping Buys Bulgarian Maritime Navigation Co.
Bulgaria's government decided to sell a 70% stake of local Maritime Navigation shipping company to a German-led consortium for the price of 225 million EUR, Bulgarian Premier Sergei Stanishev Announced on Thursday. The KG Maritime Shipping - Bulgarian-registered consortium, led by Germany's Martrade Shipping & Transport, was the only one remaining bidder. още »
02-10-2008 12:31
Moody's Reduces the Credit Rating of Three Bulgarian Banks
The credit agency Moody's reduced the prospect on the rating of deposits in foreign currency of three Bulgarian banks. The prospects of DSK Bank, "Raiffeisen Bulgaria" and "Pireos Bank" are changed from positive to stable, Financial Mirror announces. The ratings of the rest of the banks, operating on the Bulgarian market have not changed.This rating follows Moody's decision to change Bulgaria's prospect for deposits in foreign currency from positive to stable in the next week. още »
02-10-2008 10:35
Bulgarian Export to Azerbaidjan Doubled
In 2007 Bulgarian export to Azerbaijan reached 20 million Euro, compared to 10 million Euro in 2006. This was announced by the deputy-minister of Economy Valentin Ivanov during the Bulgarian-Azeri business forum carried out simultaneously with the third session of the Bulgarian-Azeri intergovernmental commission for economic cooperation.There is a potential for even bigger increase of export of products in the fields of machine building, electronics, electric technology, equipment for the food industry, food products, pharmaceutics, perfumery. още »
01-10-2008 15:13
The Base Rate in Bulgaria Increases
Today the Bulgarian National Bank increased the base rate to 5,38 percent, BNB announced. The base rate increases by 0,15 percent compared to September.Compared to October 2007, when the base rate was 4.24 percent, the increase is 1.14 percent.For the period January-October 2008 the base rate has increased by 0.7 percent, following a tendency of gradual increase. още »
01-10-2008 11:30
The Real Estate Market Remains Major for Investors
The major market for investors in the Bulgarian economy remains the real estate market and not the stock exchange. This was announced by Georgi Stoev from "Industry Watch" on "Darik Kafe". His forecast is that the segment of vacation properties is the one, which will be most affected by the financial crisis.According to Stoev, the people who save money in Bulgaria depend mostly on their homes as investment number one and investment number two is bank deposits. още »
01-10-2008 10:49
Danish Company То Build a Wind Generator Park in Bulgaria
A wind-generator park for 150 million euro will be built in Stara Planina above the village of Dulgi del, Georgi Damiyanovo municipality by the Danish company “Greentech”. This announced the mayor of the municipality Dilyan Dimitrov, cited by BNR.It is expected by the end of October the company to obtain the construction permit. The municipality and the investor have registered a joint company which to construct the park. още »
01-10-2008 10:20
The Price of Natural Gas Increases by 24%
The price of natural gas increases by nearly 24% as of today after a decision by DKEVR (State commission for energy and water regulation). There will be another price increase in January by about 21%. With yesterday's decision the value of "blue fuel" will be 538,66 levs for 1000 cubic meters without VAT. The increase is by 103,86 levs over the current price of "Bulgargaz" for the "blue fuel", which is 434. още »
30-09-2008 16:33
The World Financial Crisis Knocks Food Prices Down
The world financial crisis knocks the prices of the basic food products in Bulgaria and around the world down. Since the beginning of the year bread grain on the Bulgarian market has decreased by more than 70% and vegetable oil by 13%, BNR announced.Vegetable oil is the product, which decreases in price the fastest since the beginning of the year. Compared to the peak price in January, when a bottle of vegetable oil cost 2,60 levs wholesale, the price now has decreased to 2,30 levs according to data by of the Stock Exchange. още »
30-09-2008 13:13
Europe To Be Flooded With Advertisements About Bulgaria
The Bulgarian State agency on tourism has started negotiations carriers for advertising the Bulgarian tourism on the T.I.R.s from the international transport. Thus successfully we can draw the attention, for example, over our golden treasures. This said the chair of the agency Aneliya Krushkova at a seminar in Velingrad, which marks the international day of tourism, informs “Yantra TODAY” newspaper. още »
30-09-2008 11:02
Bulgatian Stock Exchange With A Record Fall Off
The Bulgarian stock exchange (BSE) also opened with a record fall off. The leading indexes started with a collapse of somewhat over 7%, informed Money.bg.The shares of Moststroy, Evrohold, Lead-Zinc complex, Corporate trade bank are greatly decreasing. The turnover exceeds 1 million BGN (0.5 million EUR).A little afer 10 am the fall off of SOFIX is 5. още »
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