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News and Articles related to Town of Kaolinovo
Current date: 2012-02-11 06:13
Kaolinovo:[Place Info][Properties][Hotels][Postal codes][Phone codes][Population][Coordinates][Distances][Area sizes][Photo Gallery][Video & Webcams][News][Schools]
Town of Kaolinovo (Shoumen District) is located in North-Eastern Bulgaria. It is part of Kaolinovo Municipality.
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News: Workers of the Shumen-based Cherno More Highways demanded their unpaid salaries
City of Shoumen >> Tuesday, 2009-06-09 11:36
Source: StandartNews
Workers of the Shumen -based Cherno More Highways JSC demanded their unpaid salaries by force and broke in the office of the Municipality Governor. The salaries have been delayed due to controversy between the Roads Agency and the company. Cherno More Highways seeks BGN 13 mln for the construction of a road to Kaolinovo . However, the company has constructed it on its own, without a signed contract and without approval of the project by any European programs. The workers demanded a meeting with the head...
Business: Shumen to get 20 km of gas mains by Mar `09
City of Shoumen >> Friday, 2008-05-09 17:05
Source: Dnevnik.bg
The local Black Sea Technology Company (BSTC), 99.69%-owned by Italy`s AMGA Azienda Multiservizi S.p.A., said it plans to spend 2.279 mln levs through March 2009 on the rollout of over 20 km of gas mains in the city of Shumen.
The company has already installed 43 km of gas mains in the Shumen municipality, pumping gas to 300 households, 28 industrial enterprises and 80 public and administrative buildings. BSTC said it will start the deployment of gas networks in Kaolinovo, Hitrino, Vetrino, Devnya and Suvorovo by Mar `09.
Business: Bad winter chills Kaolin Q1 sales
Town of Kaolinovo >> Thursday, 2008-04-24 01:26
Source: Dnevnik.bg
Kaolin, the Bulgarian mining company, said Q1 sales fell marginally to 22.3 mln levs versus 22.7 mln a year ago after the severe winter conditions this past Jan affected production operations across the group. The weakening U.S. dollar and higher fuel costs also left their mark on the Q1 financial report. Net profit was reported at 1.35 mln levs, down from 5.46 mln a year earlier when the company pocketed 2 mln levs from the disposal of a subsidiary company. Upcoming investment is expected to boost turnover by 20% this year to over 141 mln levs.
Business: Bulgarian mining co Kaolin continues to diversify revenue sources
Town of Kaolinovo >> Wednesday, 2008-02-27 10:00
Source: Dnevnik.bg
Revenues at Kaolin, the biggest producer of industrial minerals in South-east Europe, should rise at least 20% in 2008, Konstantin Nenov, chairman of the supervisory board of the company, said at a meeting with reporters and investors on Tuesday. The management made no further forecasts about the financial performance of the company in 2008. In 2006 and 2007, Kaolin posted consolidated income growth of 28% and 30%, respectively, while coping with significant exposure to currency and resource price fluctu...
Business: Kaolin `07 unconsolidated profit doubles
City of Rousse >> Monday, 2008-02-04 08:00
Source: Dnevnik.bg
The mining company Kaolin said unconsolidated profit more than doubled to over 17 mln levs in `07. Sales added 23% y/y to 105.3 mln levs while operating costs were up 26% y/y to 90.7 mln levs. Financial income more than tripled to 5.5 mln levs. The company stock gained 2.37% on Fri to 14.02 levs on a volume of 30,000 shares. Kaolin has just announced the acquisition of a silica sand quarry in Serbia as part of its expansion in Southeast Europe.
Business: Bulgarian mining co Kaolin buys Serbian quarry for 1 mln euro
Town of Kaolinovo >> Friday, 2008-02-01 08:00
Source: Dnevnik.bg
Local mining company Kaolin said it has paid 1 mln euro for a 99% stake in Serbian silica sand quarry Nemetala.
The deal was executed by Kaolin`s Serbian subsidiary Kaolin Jugo.
The acquisition is in line with the company`s strategy for market expansion across South-eastern Europe.
In December 2007, Kaolin acquired for an undisclosed amount M.I.D. AL Shpk, a leading producer of limestone in Albania.
In Serbia, Kaolin operates two subsidiaries. Yugo Kaolin, in Zajecar, produces silica sand a...
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