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07 12 2009 |
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Russia may be forced to step back from its demands as it struggles to push Bulgaria into cooperation in the implementation of Burgas-Alexandroupolis oil pipeline, according to reports."Greece supports the pipeline, but Bulgaria is clearly opposed against it," an article in Nezavisimaya Gazeta newspaper points out.The article cites Russian Energy Minister, Sergei Shmatko, who said the Bulgarian gov...
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07 12 2009 |
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Bulgaria’s largest PR agency M3 Communications Group, Inc. is among the country’s strongest business brands, according to the global Superbrands program, the company has announced.For a third year in a row, M3 Communications Group has become part of the prestigious catalogue of Superbrands, the world"s largest independent arbiter of brands, which acknowledged Bulgaria’s top 50 br...
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07 12 2009 |
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Anheuser-Busch InBev announced on Wednesday it has completed the sale of its operations in Central Europe and the Balkans to private-equity firm CVC Capital Partners. The deal is valued at USD 2.23 B in cash, bonds and minority shares. Included in the sale are A-B InBev’s operations, to be renamed StarBev, in Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, Romania, Ser...
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07 12 2009 |
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Bulgaria"s parliament decided to increase the revenues from corporate taxes by BGN 70 M as they debated at second reading the budget bill for next year. The additional revenue is expected to come from the increased tax on gambling and will be allocated to the Health Ministry. The government has set a fiscal deficit at BGN 465.7 M or 0.7% of GDP next year but will target a zero gap in a bid to spe...
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07 12 2009 |
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The assets of mutual funds in Bulgaria remained almost unchanged in November compared with the previous month, Dnevnik online reported. Bulgarian funds and foreign schemes in the country had net assets of BGN 526 million last month against BGN 528 million in October. Most of the funds followed the mood of the capital markets and faced strong competition from bank deposits. No serious withdrawals...
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