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Current date: 2013-05-22 05:32
The region South-Central consists of 5 districts: Kardjali, Pazardjik, Plovdiv, Smolyan, Haskovo.
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Business: Vinprom Peshtera JSC is amomg the largest taxpayers in Bulgaria
Town of Peshtera >> Wednesday, 2013-02-13 15:37
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: 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
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: The government terminated concession for the mineral water spring in Bratsigovo
Town of Bratsigovo >> Thursday, 2013-02-07 13:04
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.
News: Assenovgrad-based factory starts production of popular in the past Bulgarian gum "Ideal"
Town of Asenovgrad >> Monday, 2013-01-21 10:17
The popular Bulgarian gum "Ideal" is back on the market by the end of the month. It is to be produced by the Asenovgrad -based candy factory Alpi, which is already a registered brand. The ex-producer- cooperation Hristo Nikov fell into serious financial difficulties and from last summer is in bankruptcy. Renewal of production will start with classical gums, as on a future stage other modifications will be launched. The company is introducing a new line of toffees filled by extrusion, where filled chewin...
Business: Workers of military plant VMZ-Sopot on protest
Town of Sopot >> Sunday, 2013-01-13 18:14
Source: Focus Agency
Workers with Bulgaria’s VMZ-Sopot military plant are readying to continue their protest on Monday, January 14, the trade unions announced. VMZ workers will gather in front of company’s management office at 8:10 a.m. to stage their latest protest. Bulgaria’s Privatisation Agency extended the deadline for the candidates to file an offer until 3 p.m. today. The sole company interested in the privatisation - Emko EOOD, did not file an offer on Friday, as initially announced. Earlier company’s owner, Emil...
Business: New mini thermal power plant for EUR 5 M will be built near village of Kadievo
Village of Kadievo >> Friday, 2013-01-04 11:19
Source: Darik Radio
A new mini thermal power plant (TPP) worth over EUR 5 M will be built near the village of Kadievo , Plovdiv district . The sod-turning ceremony of the TPP project is to take place in January 2013. The TPP project is the largest investment in the southern Bulgarian municipality for the past 12 months. The investor is Nat 2004 and the owner of the facility is Vasil Tanev. The TPP near Kadievo is to produce 10 million KWh of energy per year. The project envisages a concrete wall to be built in the riverb...
Business: New small hydropower plant will be constructed near village of Gabrovitsa
Village of Gabrovitsa >> Friday, 2012-12-21 11:53
The government issued a permit to local firm Tevani & Co for the
construction of a small hydropower plant (HPP) on the Maritsa river. The monthly
electricity output of the future HPP Tevani 1 will be 237,500 kWh. The
power plant will be located near the village of Gabrovitsa , in the Belovo municipality .
Business: Candian Magna International is the new owner of Plovdiv-based machine building factory Ixetic
City of Plovdiv >> Friday, 2012-12-07 11:07
Source: Capital daily
Magna International, Canadian producer of automobile parts is the new owner of Plovdiv -based machine building factory Ixetic. The change is part of the deal for sale of the German Ixetic Verwaltungs, which is the sole owner of the Bulgarian company. The deal was concluded by the operative department of the Canadian company Magna Powertrain and is assessed to EUR 308 million. The group has 305 manufacturing companies and 88 development and shopping centers in 27 states. The German Ixetic is specialized...
Business: The French Ambassador and mayors of Plovdiv visited the factory of Schneider Electric in village of Radinovo
Village of Radinovo >> Tuesday, 2012-12-04 10:41
Source: Construction City
French Ambassador Philippe Otie and deputy mayors of Plovdiv Rosalyn Petkov, Alexander Darzhikov and Stefan Stoyanov visited the factory of Schneider Electric in the village of Radinovo . At the meeting was presented recently expanded production of modular low voltage equipment and capabilities of the company in the direction of "Smart city". The guests had the opportunity to personally examine the installations, which occupy 8,000 square meters area and provide workspace for 750 people. The delegation w...                    >>
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- 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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