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Deutsche Bank Acquires Nearly 30% of Postbank
Friday, 12 Sep, 2008 – 17:51 | No Comment
Deutsche Bank Acquires Nearly 30% of Postbank

The biggest German bank, Deutsche Bank is going to acquire a 29,75% share of Postbank for nearly EUR 2,8 B, according to an announcement made by both companies.
This way Deutsche Bank becomes the bigger shareholder …

Bulgaria 13 Companies Included in Deloitte CE Top 500 Ranking
Friday, 12 Sep, 2008 – 15:31 | No Comment
Bulgaria 13 Companies Included in Deloitte CE Top 500 Ranking

LUKoil Neftochim is the largest Bulgarian company, ranking 29th in Central and Eastern Europe, according to the recently published Deloitte’s CE Top 500 list.
The Deloitte Central Europe Top 500 charts companies’ progress in the region, …

BTC gives up on fixed-to-mobile rate cut ultimatum
Friday, 12 Sep, 2008 – 14:12 | No Comment
BTC gives up on fixed-to-mobile rate cut ultimatum

Bulgaria’s former state telecom monopoly BTC has withdrawn its ultimatum that pressed for dragging fixed-to-mobile wholesale termination prices down to mobile call termination prices by September 15.
Dnevnik daily has learnt the news from the communications …

Bulgaria Real Estate Investments More Profitable Than Stocks
Friday, 12 Sep, 2008 – 14:01 | No Comment
Bulgaria Real Estate Investments More Profitable Than Stocks

Despite their low liquidity, real estate investments in Bulgaria yield significantly higher profits from sales compared to financial assets, according to a real estate market survey for the third trimester of 2008 conducted by Industry …

Bulgaria Registers 13,8% Inflation for First Eight Months of 2008
Friday, 12 Sep, 2008 – 13:04 | No Comment
Bulgaria Registers 13,8% Inflation for First Eight Months of 2008

Inflation in Bulgaria for the first eight months of 2008 compared to the same period of the previous year is 13,8%, according to data from the National Statistics Institute (NSI).
The index of the consumer prices …

Bulgaria Maritsa-Iztok Mine Produces Large Quantities of Coal
Thursday, 11 Sep, 2008 – 23:05 | No Comment
Bulgaria Maritsa-Iztok Mine Produces Large Quantities of Coal

Since the beginning of 2008, the coal miners from the “Maritsa-Iztok” mine have extracted over 15 millions tons of coal, which is 107% of the quantity planned for the entire year.
In August only the company …

First supercomputer in South Eastern Europe is Bulgaria’s
Thursday, 11 Sep, 2008 – 9:13 | No Comment
First supercomputer in South Eastern Europe is Bulgaria’s

Bulgaria’s National Centre for Supercomputer Applications (NCSA), located in the country’s capital and which houses the first supercomputer in South Eastern Europe, was officially unveiled on September 9 2008.
The opening ceremony was led by Bulgarian …

Bulgarian mobile telecom Globul plans handset recycling programme
Thursday, 11 Sep, 2008 – 9:07 | No Comment
Bulgarian mobile telecom Globul plans handset recycling programme

Globul, Bulgaria’s second largest mobile operator, and Germanos Telecom Bulgaria, the local unit of Greek handsets and accessories retailer Germanos, have announced plans to recycle old mobile phones and accessories collected in special containers at …

Financial regulator clears two investment brokers
Wednesday, 10 Sep, 2008 – 9:22 | No Comment
Financial regulator clears two investment brokers

Bulgaria’s Financial Supervision Commission licensed investment brokerages Adamant Capital Partners and ABC Finance to operate on the local stock exchange.
The market now has 62 non-banking financial brokers and of these seven have been cleared to …

Sofia to inject BGN 60M into subway project
Wednesday, 10 Sep, 2008 – 9:15 | No Comment
Sofia to inject BGN 60M into subway project

Sofia municipality will make an advance payment of 60 million leva for the construction of the metro stretch linking the northern borough of Nadezhda to Cherni Vruh Boulevard in the centre of the city.
Councilors are …

‘Eurobank Properties’ bought a compound project in Sofia for 90.8 million Euro
Monday, 8 Sep, 2008 – 12:07 | No Comment
‘Eurobank Properties’ bought a compound project in Sofia for 90.8 million Euro

‘Eurobank Properties’ has signed a preliminary contract with the real estate company ‘Acron Constructions’. According to the contract, ‘Eurobank properties’ will receive 100% of the capital of a Bulgarian compound estate company and will pay …