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Business
23-07-2008 14:15
Massive Hotel Bankrupts on Bulgarian Seaside
Average 3 - 4 holes are bankrupting every week on the Bulgaria seaside, the State Agency of Tourism (SAT) data shows. That was announced by the SAT chairman Anelia Krushkova.Dozens of hotels are being announced for sale, but there are no buyers. That's how, because of debts, the hotels become property of finance institutions, but is it possible for them to sell it, if their owners didn't manage, Krushkova rhetorically asks. още »
28-10-2008 12:15
Growth on BSE
The Bulgarian stock market stock market started reacting to the financial reports for the nine months. Today's session began and is developing predominantly on a positive territory, with only the SOFIX index being under pressure.Most of the active positions on Tuesday are traded with increases, with the reductions in “Roads holding”, Chimimport and First investment bank weighing down on SOFIX and for a short time the index was under the level at which it opened. още »
28-10-2008 10:00
"Kremikovtzi" stops
This night started the stopping of two of the blast furnaces of the metallurgic enterprise “Kremikovtzi”. The process started with blast furnace 1. It has not been completed yet. With an order of minister Dzhevdet Chakurov a team of experts from the Regional inspection on environment and waters – Sofia and from Environmental executive agency is present at the staged stopping of the enterprise's work. още »
27-10-2008 17:50
BSE – down and down and down ...
The strong pessimism again gripped Bulgarian stock exchange on Monday. The sales led to lower average levels for most of the traded positions and the indexes sunk with the very start of the trade. The level at which SOFIX closed today was with 3.88% less than the one from the previous session: 526.76. BG40 went down with 4.38% to 143.06 points. The index of the companies investing in real estate BGREIT lost 3. още »
27-10-2008 17:21
Bulgaria needs active international marketing
Bulgaria needs an extremely active international marketing in order to show that it is a stable island in Eastern Europe, claimed the chairman of the Bulgarian economic forum Georgi Tabakov during the presentation of the forthcoming 10th edition of the forum. According to Tabakov the state should give bigger stimuli to the foreign investors, who are becoming more and more conservative towards the risk markets. още »
27-10-2008 17:03
“Black sea” mine to make electricity from the sun
The coal mine “Black sea” near Burgas started developing an alternative energy production. On the territory of the enterprise a “solar” electric plant has been built and put into operation.So far the plant is an experimental one and is situated at one of the industrial buildings on the territory of the mine. The special panels, which transform the solar light and heat into electric energy, are extremely modern and are imported from Japan. още »
27-10-2008 15:15
"Bulgartabac" declares a profit
"Bulgaratabac holding" ends the first 9 months with 50,59% increase of sales income, the holding announced. The net profit for the period is 54,344 millio levs. The increase is a result of the sale of the company's share in "Slunce Stara Zagora-Tabac" and "Cigarette factory - Plovdiv".Compared to the same period in 2007, there is an increase of 42 765 million levs or 369. още »
27-10-2008 15:13
Belgium to infuse 3,5 bln EUR in the owner of DZI and EIBank
Belgium will inject 3.5 billion euro to support the Belgian bank KBC whose shares are continuously going cheaper on the stock exchange for the last weeks, informed AFP. KBC announced that the bank would be supported by the government with 3.5 billion euro for which the bank would concede shares with profitability of 8.5% or more depending on the scale of the dividends for the ordinary shareholders. още »
27-10-2008 13:31
The crisis hits mobile phone manufacturers
Hard times are coming for mobile phone manufacturers next year. The forecasts show a sharp decrease of sales for the first time in 8 years, Broker.bg reports. Sales next year might decrease between 4 and 27% compared to this year.The slowdown of the market, caused by the credit crisis, is already affecting markets in the developed countries and especially Western Europe. още »
27-10-2008 12:37
Taxi companies increase prices on November 3
Beginning November 3, we are increasing taxi fares. This was confirmed for "24 chasa" by the director of "Okay supertrance" Lyudmil Lazarov. The news for the price increase of fares in one of the biggest firms was announced two weeks ago. Back then other companies said that they will consider a price increase.Later on, however, "Taxi-C-express" announced that serious consideration will be given before they increase prices. още »
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