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Business
19-08-2008 10:09
Bulgaria Second in Export Increase in the EU
The trade balance of the Euro zone towards the rest of the world for June 2008 is 100 million Euro deficit according to information of the statistics agency in Eurostat. In May the deficit was 3.9 billion Euro. In June export has increased by 1.4%, while import - by 2.9% compared to the previous month.For the period January-May 2008 Bulgaria registered a 26% increase of export and import compared to January-May 2007. още »
21-11-2008 16:49
Russian and European companies collaborate on "Belene"
The Russian company "Atomstroyexport" and "European consortium" signed an agreement for collaboration in the construction of the atomic power plant "Belene". Leading producers of atomic energy like the French "Areva" and the German "Siemens" are a part of the European atomic consortium.The consortium has the task of making a project of the system for control and management of the systems for normal exploitation and the system for security of the reactors of the power plant, the delivery of equipment for the heating systems, ventilation and air temperature regulation, as well as the electric systems. още »
21-11-2008 16:20
2000 people to become jobless in Troyan
Lay offs of workers in Troyan companies have already begun. This was announced by the mayor of the town Minko Akimov. In the electric motor factory "Elma" AD workers have gone on a forced vacation, but it is expected that from 2000 they will be reduced to 400.The company "Mashstroy" has already laid off 400 people.It is also expected that a firm, working with a world renowned Swedish company, will also decrease its production to a minimum. още »
21-11-2008 15:19
September salaries paid in "Kremikovtzi"
The salaries of workers in the metallurgical factory "Kremikovtzi" for September are being paid. It is expected that today, by the end of the day, everyone will receive their remunerations.October salaries will be paid next week, Lydmil Pavlov, Chair of the "Metallurgy" Federation in KT "Podkrepa", announced, cited by BNR.He commented that he will not let a lay off of workers in "Kremikovtzi" and an opportunity will be sought that they go on a holiday, while the factory stabilizes. още »
21-11-2008 14:59
Bulgaria & Romania live long beyond their possibilities and resources
“Fantasy is dead, long live fantasy” - under this title the Austrian newspaper “Wirtshaftsblatt” published an article devoted to the consequences of the global financial crisis on the investment and development in East Europe, informs BGNES. The newspaper marks that the financial crisis and the recession in the developed industrial states hang as sword of Damocles over Central and Eastern Europe and especially over Hungary, Bulgaria and Romania. още »
21-11-2008 13:25
The Health Bank found financial abuses in 29 hospitals
Financial abuses and violations in the execution of the contracts have been established in 29 hospitals in the country. These are the results of check-ups of the Health Bank, BNR announces.The total over-spending for the 9 months of the year is 21 million levs.With this money the hospitals have exceeded their planned budget, paid by the Health Bank for performed health services. още »
20-11-2008 16:13
50 million levs inter-firm indebtedness in Bulgaria
The inter-firm indebtedness in Bulgaria has reached 50 billion levs. This is the biggest danger for Bulgarian business in the conditions of a crisis, the chair of the Bulgarian commerce-industry palace Bozhidar Bojinov said."The internal indebtedness - nowhere is it written how much it is". A lot of companies will go bankrupt momentarily, Bozhinov considers. още »
20-11-2008 15:49
Projects south of Burgas for 350 million Euro suspended
Construction investment programmes for a total value of 360 million Euro have been temporarily suspended because of the economic crisis. This relates to objects south of Burgas, concerning the tourist towns of Sozopol, Primorsko, Tzarevo, Ahtopol as well as the nearby camps in-between them.Investors have suspended the financing, which means that a new wave of construction workers will go on the market, while the firms in the industry will continue to have serious liquidity difficulties. още »
20-11-2008 14:15
Sofia signs with EIB for a loan for the subway
Sofia municipality and the European investment bank (EIB) will sign a contract for a long-term loan for the funding of 6.35 km sections from the extension of the subway in Sofia. This announced the press center of the municipality. The contract will be signed on Friday by the mayor of Sofia Boiko Borissov and the EIB vice president Marta Gajecka. The loan is worth 105 million euro, with a 25-year period of return payment and with a 7-year gratis period, interest rate EURIBOR+0. още »
20-11-2008 13:41
Czech company also interested in "Kremikovtzi"
The syndicate federations of Confederation of labour “Podkrepa” and the Confederation of the independent syndicate in Bulgaria (KNSB) have confirmed that yesterday negotiations at a very high level were held between the government and representatives of the Ukrainian “Smartgroup”, which is a candidate to buy the Bulgarian metallurgic enterprise. There is another candidate for “Kremikovtzi” - a Czech company, which at the moment is making its presentation to the syndicates, informed BNR. още »
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