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Business
16-05-2008 11:35
Equest Sells Hotel “Serdika” in Sofia
Equest Balkan Properties plans to sell the former hotel “Serdika” to Uniqa Real Estateq, informed sgrada.com.The idea to transform the hotel into an office center with trade areas is expected to be preserved. Uniqa Real Estate have already made an advance payment. The deal, however, needs to be finalized after the project gets all construction permissions, informed Dnevnik newspaper, citing the managing partner in Equest Georgi Krumov. още »
27-05-2008 11:04
NPP Belene May Costs Twice More Expensive
The construction of Belene nuclear power pant may exceed a couple of times the initial price of 4 billion EUR given by the government. This was informed by Georgi Kaschiev, an expert at the risk research institute with the Vienna University, quoted by the Dnevnik a.m.Kaschiev commented that the consumers will have to include an extra annual bill of 110 million EUR for consulting services, the repayment of a syndicated loan to the French Bank BNP Paribas and the costs of the Belene enterprise. още »
26-05-2008 18:45
Germany Grands 4 Million EUR for Stimulation of Bulgarian Economics
Germany provides 4 million EUR for programs of encouraging of Bulgarian economics and employment, of professional education and also for metrology and Rodopi Mountain regional development. That is previewed in the contracted today by the Bulgarian Economics Minister Peter Dimitrov and Germany ambassador for Bulgaria Michael Gayer agreement for technical cooperation. още »
26-05-2008 12:50
Greek Company Intends to Build Wind Park in Bulgaria
‘Alpha Grissin Infotech' - Greek energy company intends to build a 400MW wind park in Bulgaria, Greek media informed, quoted by The Sofia Echo. The investments are estimated to 400 million EUR and the constructions are foreseen to start this year.The company appeared on local market with a portfolio of residential and office buildings.The Greeks plan to divest its entire property business by 2011 expecting a net profit of 40,8 million EUR, added from Sofia Echo. още »
26-05-2008 10:31
ArcelorMittal Drops More Serious Offer for Kremikovtzi Than Zhevago
The preposition of ArcelorMittal for the purchase of 71% of Kremikovtzi metallurgic mill is quite more considerable than the offer of the Ukrainian businessman Konstantin Zhevago. This was announced by Angelo Moskov, representative of QVT Fund, one of the shareholders of the allowed loan of 325 million EUR.According to his words the deal's delay is due to the law's complexity of the deal. още »
25-05-2008 13:44
Summer Tourism Season in Bansko Mountain Resort Started
Summer tourism season in Bulgaria mountain resort of Bansko started with the folklore festival 'Between Three Mountains', informed the mayor of the city Aleksander Kravarov. He highlighted that the event coincides with the holiday of Bulgarian education and Slavic literacy - May 24. The opening of the season enters in the atmosphere of the holidays of Bansko's traditions, organized every year by the municipality, Karvarov added. още »
23-05-2008 14:16
Our Intentions For Kremikovtzi Are Serious - ArcelorMittal
Our intentions are serious. We not only give promises, but take considerable actions about it. That's why we covered the 30 million EUR loan for the mill with the purpose to pay all salaries, row materials supply and resolving of the emergency ecological issues.This was stated by the representatives of ArcelorMittal by the time of the meeting with the Economy Minister Peter Dimitrov. още »
23-05-2008 13:25
Great Success for Bulgaria at Wine Fain in London
Bulgarian wine - cellars received 40 awards in London's International Wine Fair. This is the best achievement in the last years, DW revealed. The attainment is modestly compared to world leaders like France, which bottles left with hundreds of medals and diplomas.This is the strongest presentation of Bulgarian wines on an international expo during the latest years. още »
23-05-2008 12:52
Spaniards to Invest Millions in Alternative Energy Sources in Plovdiv
The Spanish company ‘Ebame' will invest millions of EUR alternative energy sources in Plovdiv. The Spaniards intend to build solar parks and wind power plants.It appeared that the world famous ex footballer Hristo Stoichkov brought the company to Bulgaria.The foreigners will use Plovdiv land for the purpose - they will buy it or will use the variant for public-private partnership. още »
23-05-2008 12:07
120 Foreign Banks Eye Bulgarian Market
The number of foreign banks interested in the Bulgarian market has reached 120, informed the Dnevnik a.m. Since 2008 started, 28 new entries were made in the list. According to Bulgarian Central Bank the information doesn't mean that the banks will necessary start doing business in Bulgaria.The Dnevnik also reported that the list includes powerhouses like Credit Suisse, ABM AMRO, JP Morgan, Merrill Lynch and Goldman Sachs. още »
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