
Bulgaria’s brewing industry brings the state budget some BGN 297 M annually, according to the Chair of the Bulgarian Brewers’ Union and General Manager of Heineken Zagorka Ruud van den Eijnden. The total added value of the Bulgarian beer production and distribution is estimated at BGN 219 M, Ruud van den Eijnden said at the [...]
December 6, 2011 | Posted in
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The name of the actual buyer of the State-owned cigarette-maker monopoly Bulgartabac is going to be revealed very soon, Economy and Energy Minister, Traicho Traikov, promised. Speaking Saturday from the Black Sea city of Varna, Traikov, however, stressed that the most important issue was who the investor is, not the buyer. He added that there [...]
September 7, 2011 | Posted in
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A Bulgarian exterior designer, Deyan Denkov, is the author of the design concept of Renault‘s latest concept car, the Renault Frendzy. Denkov, a native of Yambol in Eastern Bulgaria, has been working for Renault since 2007, according to the Renault website. “I took inspiration from a wide variety of sources, including unconventionally shaped aircraft such as [...]
July 11, 2011 | Posted in
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The Bulgarian subsidiary of Swiss-based engineering manufacturer ABB Group has marked the employment of its 1000th employee in Bulgaria, the company announced in a statement. ABB Bulgaria has managed to accomplish the doubling the number of its employees within two years, thus securing jobs to a significant number of people, even in regions with a [...]
July 7, 2011 | Posted in
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Philip Morris and British American Tobacco, the two biggest companies, which purchased public procurement documents for acquiring a majority stake in Bulgaria‘s cigarette maker Bulgartabac, have no intentions to bid, reports say. The two companies have bought documents just with the aim of collecting information, they have no plans to bid in the tender, Dnevnik [...]
June 18, 2011 | Posted in
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The two affiliates of Ideal Standard International that operate in the Bulgarian town of Sevlievo were formally merged in one company, officials have announced. The merger between Ideal Standard Bulgaria and Ideal Standard Vidima was completed on January 31, 2011, company executives announced at a news conference in Sofia. The merger was originally supposed to [...]
February 25, 2011 | Posted in
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The British company Zero Carbon 2020 plans to begin, during the second quarter of 2011, putting together electric cars in a plant in Bulgaria’s southern city of Stara Zagora. The initial investment is estimated at BGN 6.5 M, and if the market reacts well, it is planned it would reach EUR 10-12 M. Two models [...]
February 12, 2011 | Posted in
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