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Economics & Business News and Articles related to District Gabrovo
Current date: 2009-11-30 09:23

Gabrovo:[Place description][Properties][Hotels][Postal codes][Phone codes][Population][Coordinates][Distances][Area sizes][Photo Gallery][Video & Webcams][News][Schools]

Gabrovo District is located in North-Central Bulgaria. The District consists of 4 municipalities. The regional center is Town of Gabrovo.
Information about District Gabrovo


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Business: Sevlievo-based Ideal Standard increases the sales but close 2008 with a loss
Town of Sevlievo >> Wednesday, 2009-07-08 10:00
Source: Dnevnik.bg
Sevlievo -based bathroom fixtures manufacturer Ideal Standard Bulgaria posted a rise in sales for 2008 but closed the year with a loss. Sales added up to BGN 87.75 million, mainly thanks to the higher prices of sold produce. The company swung to an after-tax loss of BGN 1.66 million from a profit of BGN 1.425 million for 2007, citing higher raw material and energy prices coupled with increased labour costs. Ideal Standard Bulgaria was built from scratch in 1997, while Ideal Standard Vidima is the succe...

tags: Ideal Standard


Business: Sevlievo-based Ideal Standard Vidima planning to discharge an additional 153 workers
Town of Sevlievo >> Monday, 2009-06-15 10:05
Source: Darik Radio
Ideal Standard Vidima announced over the weekend they were planning to discharge an additional 153 workers due to the reduced production volume. 40 job positions in the factory located in the town of Sevlievo will be cut in the summer - July and August while the remaining 113 will be terminated in October. Currently 662 workers from the company work shorter days with a salary of only BGN 120 per month. Ideal Standard Bulgaria is part of Ideal Standard International, which was created after the Bain Ca...

Business: Vidima Sevlievo will rise its revenue only 4-5% compared to 20-25% before
Town of Sevlievo >> Monday, 2009-03-09 08:00
Source: Dnevnik.bg
The revenue of Bulgarian bathroom fixtures manufacturer Vidima will rise by 4-5% compared to 20-25% before, forecast Vasil Kanev, Eastern Europe manager of owner Ideal Standard International.  The firm traditionally wins contract awards for 200 or 300 hotels but now it is hoping to furnish only 15-20, and these are the market’s all major ongoing projects , Kanev said. At the end of January the Sevlievo -based plant laid off around 100 workers, planning a 24% reduction in production capacity in firs...

Business: Shareholders of Gabrovo-based factory Kapitan Dyado Nikola without dividends for 2007
Town of Gabrovo >> Wednesday, 2008-12-03 09:44
Source: Banker
The general shareholders meeting of Gabrovo -based Kapitan Dyado Nikola JSC (manufacture of plastic pipes and products) decided not to allocate dividends for 2007. 10% of the profit, totaling to BGN 147,543.22 will be transferred to the Reserves Fund and then remaining 90% - as undistributed profit. The general shareholders meeting also discharged from liability the members of the board of directors – Kyamran Yozgur-CEO, Hatidzhe Hasanova Yumerova, Antoaneta Grigorova Gugleva and Irin Karamfilov Klimentov,...

Business: Enel plans to produce wind energy in the municipalities of Gurkovo and Sevlievo
Municipality Gurkovo >> Friday, 2008-10-10 10:40
Source: Profit.bg
The largest utility company in Italy Enel is implementing a 7.4 billion euro plan for the development of renewable energy sources and innovative technologies in the 5 year period between 2008 and 2012. " The biggest challenge for energy companies nowadays is the reduction of carbon dioxide emissions ,” says Sauro Pasini, head of the Enel research center in Livorno, Italy. The center in Livorno is currently working on technologies for carbon dioxide capture and sequestration. Enel scientists are developin...

tags: Enel Maritsa East energy sources


Business: Toyota to build 2nd sales and service center in Sofia
City of Sofia >> Wednesday, 2008-08-27 02:25
Source: Dnevnik.bg
TM Auto, one of the Toyota dealers in Bulgaria, said it has started the construction of a second sales and service center in Sofia , naming no investment estimate. The 12,000 sq m site of the new Toyota center is located on the Evropa boulevard in the direction of the Bozhurishte borough. Toyota Sofia West will have a build area of 11,000 sq m, 400 parking spaces and the capacity to service simultaneously 20 vehicles. It should be operational by the second half of 2009. The first Toyota center...

tags: Toyota


Business: Ecobulpack to launch new recycling facility in Sofia
City of Sofia >> Friday, 2008-08-15 01:00
Source: Dnevnik.bg
Ecobulpack, one of Bulgaria`s packaging recovery organisations, said it will launch a new waste recycling installation on the Sofia ring road by the end of September. In May, the organisation opened in Sofia`s Filipovtsi borough a plant for the recycling of waste glass and the sorting and baling of plastic and paper waste. Ecobulpack has so far launched recycling installations in Sliven , Gabrovo and Ruse and plans to add to the list Plovdiv , Yambol and Gorna Oryahovitsa by the end of 2008.

Business: Zona For Home furniture retailer opens Burgas store
City of Bourgas >> Tuesday, 2008-08-12 09:00
Source: Dnevnik.bg

Zona For Home, the local furniture retailer, said it has opened an outlet in Burgas, on the Black Sea. The two-level Burgas store is the company`s third overall and first on Bulgaria`s Black Sea coast. More than 1,000 pieces of furniture are on display on an area of 5,000 sq m. The store will be open 24/7. The other two Zona For Home stores are located in Sofia and Sevlievo.



Business: Pleven industrial park project on hold
Town of Dryanovo >> Thursday, 2008-07-17 00:16
Source: Dnevnik.bg

The project for an industrial zone in the city of Pleven, Northern Bulgaria, has been postponed indefinitely due to the suspension of Phare funding, said a municipal official. The city was expecting to get some 6 mln levs in aid under the program to finance the necessary preparations and monitoring. With the Phare option now off the table, the municipality will have to develop the 12.7 ha site on its own in the face of rising area demand for industrial space.



Business: Gas network deployment in Dryanovo to start `09
Town of Dryanovo >> Thursday, 2008-07-17 00:14
Source: Dnevnik.bg
The Black Sea Technology Company (BSTC) , owned by Italy`s AMGA Azienda Multiservizi S.p.A., said it will begin the installation of a gas network in the town of Dryanovo in early `09. Administrative buildings and production facilities will switch to natural gas first to be followed by household customers later. BSTC has a gas distribution licence for the Mizia and Dobrudja regions centered around the cities of Pleven and Dobrich, respectively.[1] [2] [3]

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