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88 million euro in advance for Bulgaria in 2009
Wednesday, 8 Apr, 2009 – 14:02 | No Comment
88 million euro in advance for Bulgaria in 2009

Bulgaria will receive nearly 88 million euro additional advance payments from the European Commission for the operative programs in 2009. The money will serve as a counter-crisis measure. The announcement came from the cabinet of …

The CEO of Post bank won the grand prize of “Next generation”
Tuesday, 7 Apr, 2009 – 19:08 | No Comment
The CEO of Post bank won the grand prize of “Next generation”

Petia Dimitrova, chief execuitve and manager of the Coucil of directors of Post bank received the grand prize for the most successful young manager in the contest “Next generation”. The award was given to her …

France Presse: Bulgaria needs the EU funds now
Sunday, 5 Apr, 2009 – 19:03 | No Comment
France Presse: Bulgaria needs the EU funds now

Diana Simeonova, reporter for the France Presse from Sofia commented that the endangered Bulgarian construction sector is worried that many infrastructure projects that were financed by the European Union will be left to dust due …

Czech company to supply Bulgarian subway with safety systems
Saturday, 4 Apr, 2009 – 22:03 | No Comment
Czech company to supply Bulgarian subway with safety systems

The press center of the Ministry of transport announced that the minister of transport Petar Mutafchiev met the chief executive of the AZD (Prague) company Zdenek Hradle today.
Two contracts have been signed in the presence …

“Kremikovtzi” protesting again
Friday, 3 Apr, 2009 – 17:08 | No Comment
“Kremikovtzi” protesting again

Workers in the factory “Kremikovtzi” will protest in front of the Parliament and the Coucil of ministers once again in attempt to save their working place and the jobs of thousands.
Yesterday, the chairman of the …

Bulgaria establishes a center for nanotechnologies
Friday, 3 Apr, 2009 – 13:03 | No Comment
Bulgaria establishes a center for nanotechnologies

A decision of the Council of ministers approved the creation of a center for nanotechnologies in Bulgaria. The union “Bulgarian center for nanotechnology” EAD will be financed with 50 million leva.
The American company IBM will …

FIB offers investment through the KfW credit line
Thursday, 2 Apr, 2009 – 20:09 | No Comment
FIB offers investment through the KfW credit line

Using credits from the German investment bank KfW, the Bulgarian First investment bank (FIB) will provide fresh finances to the Bulgarian business.
The German bank, which co-operates with the Bank for development in the Council of …

Rousse with four new malls against the crisis
Thursday, 2 Apr, 2009 – 16:07 | One Comment
Rousse with four new malls against the crisis

Despite the ongoing financial crisis, investors didn’t put on halt the construction works in Rousse. Four out of five trade centers that began construction will be completed, announced the newspaper “Forum”.
The only construction that was …

The real estate sector in Bulgaria: a market of buyers and construction leaders
Wednesday, 1 Apr, 2009 – 20:09 | No Comment
The real estate sector in Bulgaria: a market of buyers and construction leaders

The ongoing crisis will show the real estate business the harsh reality; it will clean up the investment environment from speculative offers and non-profitable projects and will lead to a balanced level of estate prices. …

The Bulgarian business demands the keeping of the currency board and the reworking of the budget
Wednesday, 1 Apr, 2009 – 13:05 | No Comment
The Bulgarian business demands the keeping of the currency board and the reworking of the budget

In the case of worsening economical situation and in the context of the upcoming elections campaign KRIB suggested several governmental measures. The main one suggests that the political forces should sign a treaty that obliges …

Flight companies expect government aid
Tuesday, 31 Mar, 2009 – 13:06 | No Comment
Flight companies expect government aid

The government must cover the airport taxes to help the Bulgarian flight companies in the environment of an international crisis. The proposal comes from the Association of Bulgarian flight companies (ABA). This year, the association …

20 firms will hire young specialists at “Careers 2009” in Veliko Tarnovo
Monday, 30 Mar, 2009 – 20:04 | No Comment
20 firms will hire young specialists at “Careers 2009” in Veliko Tarnovo

The minister of national administration and administrative reforms Nikolai Vasilev opened officially the forum “Careers 2009 – a good career, a good life” in Veliko Tarnovo.
For the fifth consecutive year, the University of Veliko Tarnovo …