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Business
12-05-2008 12:15
Bulgaria Has the Highest Budget Surplus
The money of the budget surplus should be somehow returned to the tax payers. That claims Georgy Angelov, economist of the ‘Open Society' foundation. Since the beginning of the year to the moment the surplus has raised to 1,660 000 000 BGN (880 million EUR). The data of the Finance Ministry's last report shows this amount is triple than the same period of the last year. още »
12-05-2008 10:38
Plovdiv International Fair Starts Today
The Bulgarian minister of economy and energy Peter Dimitrov will open today in Plovdiv the International fair of consumer goods and technologies.991 companies from 36 countries have registered for participation in the event, 668 of which are Bulgarian. Most of the foreign companies are from Italy, Poland, Germany, Turkey, Greece and Spain. The new participant countries are Ukraine, Norway, San Marino and Singapore. още »
11-05-2008 18:10
Foreign Investments in Bulgaria - Dirty Money Laundering?
As EU newcomer Bulgaria aims to attract ever larger flows of foreign investment, authorities and analysts have raised fears that part of the money streaming into the country may have been laundered. "A growing number of investigations come to a dead end as we find that money that we had good reason to consider dirty, or resulting from criminal activity, has been transferred through foreign banks and returned to Bulgaria as 'fresh' investment," said national investigation service chief Boyko Naydenov. още »
09-05-2008 14:44
US to Fund Establishment of Bulgarian Naval Surveillance System
The United States will finance under international military funds the establishment of a coastal radio location system for navigation control and safeguarding Bulgaria's sea border, local press reported Thursday citing Bulgarian Naval Forces Commander Vice Admiral Minko Kavaldzhiev.Kavaldzhiev announced this during a joint news conference held together with the visiting US Chief of Naval Operations Admiral Gary Roughead in Bulgarian Black Sea city of Varna. още »
09-05-2008 13:38
Bulgarian Builders Turn to Venezuela
There are strong chances Bulgarian firms to realize projects in the constructions field in Venezuela due to the increased demand of real estates in there. This was informed by Stefan Zlatarov, chairman of Bulgarian - Venezuelan Trade Chamber on a meeting with Tsvetan Simeonov, vice-chairperson of Bulgarian Chamber of Commerce.Between the both organizations was reached an agreement for exchanging of information for supply and demand by Venezuelan and Bulgarian companies with the business contacts purpose. още »
09-05-2008 13:12
The Finnish Tourists Ignore Bulgaria
The number of Finnish tourists in the last years decreases. The unpleasant tendency was commented by the Finland Ambassador to Bulgaria. In 2005 Bulgaria was visited by 90,000 Finnish people, while in 2007 their number decreased to 65,000.No matter that Bulgaria ranks third in attractive tourism destination according to the Finnish tourists. They like Bulgaria a lot, but also have very serious remarks about local services and loud resorts. още »
09-05-2008 12:18
German "Heinemann" Plans Investments in Bulgaria
One of the biggest operators of duty free trade in the world – the German “Heinemann” has serious investment intentions towards the Bulgarian market, writes “Pari” newspaper.The company has officially deposited its interest in a letter to the Bulgarian prime minister Sergei Stanishev. The letter is signed by Christoph Hoisser, member of the board of directors of “Heinemann” on 29 April. още »
08-05-2008 11:58
Bulgaria Among Top 10 Destinations in US Tourist Guide
The Internet issue ‘E-Media Wire' published tourist guide for 2008 for best tourist destinations as this year the edition includes Bulgaria, money.bg announced. The author and selctioneer of the guide Pauline Fromer listed the 10 Top tourist destination by the criteria of expends, romantic journey, family tourism and exotic destinations for travelers, looking for adventures. още »
07-05-2008 15:32
Greeks Conquer Bulgarian Property Market
True Greek invasion is happening in the moment on the property market in Bulgaria in the last two years, comments the Greek business edition ‘Imerisia', quoted by local Investor.bg. There is an interest by constructional companies, mostly from North Greece, that build many residential complexes, trade centers and office buildings in Romania, Bulgaria, Croatia, Albania and recently in Macedonia. още »
05-05-2008 13:40
Israeli Company Gets Credit For Business Park Varna Project
Israeli conglomerate Africa Israel Investments announced on Sunday its subsidiary AFI Europe signed a deal with Investcredit bank for 59 million EUR, Reuters reported. The sum is foreseen to finance the Business Park Varna project in Bulgarian seaside city of Varna.From the company said that acquiring the property and three existing buildings cost 76,5 million EUR. още »
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