The National Electric Company (NEC) is reconsidering its investment programme for next year because of the world financial crisis. This was announced by the company's Executive Director Lyubomir Velkov, cited by BNR.According to him, it still cannot be said whether the amount of funds for investment will be reduced and for which energy projects this can become reality. още »

Protests are expected today in the automobile industry. Reason for the discontent is the price of fuels in the country in comparison to the prices in Europe.The industry expects the Consumer protection commission to announce its decision whether or not there is a cartel agreement on prices.According to transporters, the current price of diesel is ungrounded. още »

Direct foreign investment in Bulgaria decreases. For the first 9 months direct investment covers 68% of the deficit on the current account - for January - in September 2007 this part is 120.9%.In real money, direct foreign investment in Bulgaria up to now in 2008 is 3659.8 million Euro (10.8% of GDP), given 4715.2 million Euro (16.3% of GDP) for the same period in 2007. още »

The demand for fuel in Southeast Europe (SEE) will continue to increase in the next years regardless of the world financial crisis and its negative effects on the economies in the region, which are expected to hit the consumption, informs dnevnik.bg. This forecast was made in London by the Austrian oil and gas corporation OMV on the annual meeting of the leadership of the company with media representative from Europe. още »

Because of the world financial crisis, workers are being laid off in a Razgrad firm, money is being saved from electricity and business trips abroad, and there would be no Christmas salaries. This was announced by the Executive Director of the factory for car pistons and segments "Druzhba" Ivan Bolyarov."The orders of all contractors of "Druzhba" have decreased in the last months, our income is 20-30% lower", Bolyarov said. още »

The leader of the Confederation of the independent syndicates in Bulgaria (KNSB) at the metallurgic enterprise “Kremikovtzi” Vassil Yanachkov said to journalists that all conditions are present for next week the enterprise to “restart again”.He pointed out that the Ukrainian “Smart group” was expected any moment to officially present its interest in “Kremikovtzi”, informed BTA. още »

The American food company Kraft Foods decided to transfer its production from the Romanian town of Brasov to Bulgaria by the end of 2009 aiming at increase of the production capacity. The chief executive director of Kraft Foods Romania commented: the strong development in Romania in the last year led to the necessity for additional production. The corporate manager of Kraft Foods Romania has added that the company didn't have problems with the global financial crisis in the country. още »

Bulgaria needs 12 billion euro for the modernization of the water infrastructure. This claimed at a seminar in Istanbul Georgi Georgiev, representative of the subsidiary of EVN in Bulgaria WTE, which is an electric energy and infrastructure services supplier. The company deals also with management, financing and exploitation of water supply and sewerage systems. още »

The Austrian company EVN shows interest in the construction of the hydroenergy cascade “Gorna Arda” in Bulgaria.EVN wants to become a strategic investor in the project, which is currently frozen. The Austrian company has send a letter to the Bulgarian minister of economy and energy about its investment intentions, in which it points our that EVN could participate both alone and in joint cooperation with other companies from the field, informed the executive director of EVN-Bulgaria Stefan Shishkovitz. още »