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Economics & Business News and Articles related to Bulgaria
Current date: 2013-05-22 01:30
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Bulgaria is beautiful small country situated in south-eastern Europe. Learn more about Administrative Territorial Division of Bulgaria - regions, districts, municipalities, cities and villages.
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Business: Shumen-based Carlsberg brewery starts again after temporary winter break
City of Shoumen >> Thursday, 2013-03-07 13:45
Source: Darik Radio
Carlsberg brewery, based in Shoumen starts work again. After a temporary cease of production in the winter period the brewery started boiling and bottling of popular beer brands under the name of Shoumensko Premium Malt, Shoumensko Svetlo and TUBORG. In that way the company is ready to ensure production for exports, as well. The winter break was utilized for making of a complete diagnostics, activities connected with maintenance and training. The first production of the brewery is to be delivered for ...
Business: Colossal project for extraction and processing of gold containing ores near Breznik
Town of Breznik >> Thursday, 2013-03-07 13:31
Source: Capital
A colossal project for development of Breznik is due to come true, after the investment proporal of Thrace resources for extraction and processing of gold containing ores was approved by the Regional inspectorate of environment and water- Pernik . The decision will allow the company to register a commercial discovery and to issue application for concession. If the concession contract is signed till the end of the year, Thrace resources will start work on the project. It is expected that 50 people are to...
Business: Shumen municipality may terminate contarct with Israeli company for heating utility Toplofikatsia Shumen EAD
Municipality Shoumen >> Thursday, 2013-03-07 13:28
Source: klassa.bg
Bulgaria`s Shumen municipality has warned the executive director of Israeli company Telemania that it will terminate the privatization contract for heating utility Toplofikatsia Shumen EAD at one month`s notice. The Israeli company has violated its obligations under the privatization contract. Telemania has failed to pay a sum of BGN 51 000, the difference between the price of the heating utility and the advance payment submitted by the company. If the Israeli company fails to transfer the sum wit...
Business: Bulgarian ski resort operator Pamporovo raises its capital to BGN 1.61 million
Bulgaria >> Friday, 2013-02-22 15:33
Source: Capital
Bulgarian ski resort operator Pamporovo plans to raise its capital to BGN 1.61 million from the current BGN 1.08 million. The company plans to issue 538,050 new shares with a nominal value of BGN1.0 and sell them at a price of BGN 3.0 each. The decision will be put to the vote at an extraordinary shareholders’ meeting scheduled for April 3. The main shareholders in the company are CSIF (48.76%) and Pearl Management (40.04%). The company is public and its shares are traded on the Bulgarian Stock Exchan...
Business: Vinprom Peshtera JSC is amomg the largest taxpayers in Bulgaria
Town of Peshtera >> Wednesday, 2013-02-13 15:37
Source: Money.bg
Nearly BGN 70.5 million were submitted to the Treasury by Vinprom Peshtera JSC in 2012, which for the tenth consecutive year lead the company to the leading position among the largest taxpayers in Bulgaria. The leader producer of alcoholic beverages paid VAT to the amount of BGN 8.8 million and nearly BGN 2 million in insurance for employees and local taxes, said the company`s CEO Ivan Papazov. According to him, in 2012, the company reported a revenue of nearly BGN 88.7 million, which grew by BGN 9 millio...
Business: The government terminated concession contract for the sea beach Shkorpilovtsi - north
Village of Shkorpilovtsi >> Wednesday, 2013-02-13 15:33
Source: Dnevnik.bg
The government is to terminate unilaterally concession contract with Black sea holidays OOD for the sea beach Shkorpilovtsi -north. The concessionaire did not provide water rescue, which is obligatory under the Law for development of the Black sea coast . Towards the end of the last year the company owes over BGN 34.5 thousand concession fees, interest and penalties.After that the ministry is to take up all necessary activities for rendering the beach for rent or concession.
Business: ABB Group reorders its organizational structure - merged units in Varna, Sevlievo and Rakovski
City of Sofia >> Tuesday, 2013-02-12 11:09
Source: Construction City
ABB Group has merged its Bulgarian corporate units in order to improve the synergy of the processes and activities, as well as of the functions and policies. This adjustment is also leading to the centralization and optimization of the organizational structure. ABB will now operate in Bulgaria through one company with the head office in the capital Sofia , having offices and branches in five locations. The ABB production units in the country are located in Petrich for low voltage products, in Sevlievo ...
Business: German Mecalit redirects its clients towards its Plovdiv-based factory
City of Plovdiv >> Friday, 2013-02-08 13:14
Source: Capital
German Mecalit, which opened a factory near Plovdiv in September 2012, redirects its Southern European clients towards the Plovdiv-based capacity. The reason the German company to invest nearly EUR 7.5 million via its Bulgarian subsidiary is that the investment ensures the company strategic proximity to its Western European customers that are increasingly moving production to the East, attracted by the big Asian markets and competitive labor costs. Mecalit produces details for building in household appl...
Business: In Q4 of 2013 Trakya Cam will launch second production line in Targovishte
Town of Targovishte >> Thursday, 2013-02-07 16:08
Source: seenews.com
Trakya Cam, the flagship company of Turkish glassmaker Sisecam, will launch flat glass manufacturing from the second production line at its Bulgarian plant by the fourth quarter of the year. The second line at the company’s Bulgarian glass plant, located in northeastern city of Targovishte , is expected to increase the plant’s annual production capacity to 450,000 tonnes from current 225,000 tonnes. Erste expects 2.0% price hike for Trakya Cam operations in Bulgaria in the first quarter of 2013. Trakya...
Business: The government terminated concession for the mineral water spring in Bratsigovo
Town of Bratsigovo >> Thursday, 2013-02-07 13:04
Source: investor.bg
Bulgaria’s government has terminated the 35-year concession on a mineral water spring at the Bratsigovo site granted to local company First Financial. The concession contract was cancelled due to First Financial’s failure to fulfil key obligations under the deal. The concession on the Bratsigovo mineral water spring located in the district of Pazardjik , in southern Bulgaria, was granted in August 2007. [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] >>
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news
- Shumen-based Carlsberg brewery starts again after temporary winter break
- Colossal project for extraction and processing of gold containing ores near Breznik
- Shumen municipality may terminate contarct with Israeli company for heating utility Toplofikatsia Shumen EAD
- Bulgarian ski resort operator Pamporovo raises its capital to BGN 1.61 million
- BG Parliament accepted the resignation of Prime Minister Boyko Borisov and his Cabinet
- SMS alert service notifies for any change in ownership of own property in the National Land Registry
- Vinprom Peshtera JSC is amomg the largest taxpayers in Bulgaria
- The government terminated concession contract for the sea beach Shkorpilovtsi - north
- The average monthly salary in Bulgaria - near EUR 415 for December 2013
- ABB Group reorders its organizational structure - merged units in Varna, Sevlievo and Rakovski
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