Mass lay offs have already aleready started, as over 400 people beginning October are jobless in the Plovdiv regoion. This was announced by the chair of the Regional syndicate "Podkrepa" Atanas Krastev, cited by Radio Plovdiv.According to him, the collapse is first expected in construction, tourism and railroad transport.About 150 people will be discharged from BSR (Bulgarian State Railroads), but the reason is the not the global crisis, but the decisions of the management of the company, Krastev said and added that the lay offs of personnel threatens the security of transports and at the same time violate clauses from the contract with the syndicates. още »

According to the Bulgarian section of the international analytic agency IDC in the last quarter of 2008 the sales of computers have increased with 72.6% and the incomes from them – with 44.6% compared to the same period in 2007, informs IDG.BG.The fastest growth (117% on an annual basis) in Q3 2008 marks the notebooks segment, which form 57.4% from the total PC market in Bulgaria, informs IDC. още »

The Commission on competition imposed a property sanction for the amount of 200 000 levs to "Bulsatcom" AD. The case has started in connection with complaints by "Interactive technologies" AD and "Evrocom cable management Bulgaria" EOOD.The reason is an advertisement, according to which only Bulsatcom offers HD signal on the market, as well as the company "is the only HD operator in Bulgaria". още »

The Brazilian company CSN shows serious interest in investing in “Kremikovtzi”. The Bulgarian minister of economy and energy Peter Dimitrov, who is on official visit to Brazil, has met the chief executive officer of the company Banjamin Steinbruchm informs the press center of the economic ministry, cited by lev.bg.The main activity of CSN is in the metallurgic field. още »

Nearly 230 people will be laid off from the department of BTC - Administrative region "South", BNR announced. 130 of them are in Plovdiv, Pazardzhik and Smolyan municipality, the regional coordinator of KNSB Tatyana Miran announced and added that 25 people have been discharged from the firm "Metal" as well.100 people have been discharged from "Maritzatex", because of a decrease of production, Dimitar Tabakov, national secretary of "Light industry" federation, announced. още »

"Saubermacher Bulgaria" will invest over 9 million Euro in the construction of modern infrastructure for waste collection in the Sofia residential districts "Mladost", "Lyulin", "Ovcha Kupel", "Vitosha" and "Triadica", manager Stanimir Dobrev announced. The company won a municipal competition for the cleaning of the five districts and starts work on March 1 next year. още »

“Bourgasgas” will invest 5 million euro in a new gas distribution network in Southeast Bulgaria in 2009, announced the executive director of the company Zlatin Dimov.The places to benefit the most from this decision are the Black sea resorts of Nessebar and Sunny beach. Meanwhile the construction of gas supply road on the territory of Aytos and Karnobat will continue. още »

There are warning signals everywhere, yet the European Union’s poorest member insists it can weather the global financial crisis.Standard and Poor’s last month downgraded Bulgaria’s long-term debt to BBB. Fitch this month cut its rating to BBB- – just one notch above junk bond status.On Friday, the Bulgarian Industrial Association urged the finance ministry to redraft next year’s budget and cut the growth forecast from 4. още »

The Arab businessman Adile al-Shanfar, who is vice-president of the situated in Oman holding company “Al Shanfari Group”, will investigate the opportunities for investment in the field of agriculture and tourism in Bulgaria. This was announced after a working meeting between Shanfar and the mayor of the Bulgarian town of Pleven Nayden Zelenogorski. The company has interests in the field of energy, oil industry, tourism, trade, technologies, transport, automobiles, real estate management. още »