18.6.2007

Carlsberg will invest in the next 3 years over 20 mln levs in Shumensko Pivo, one of the two brewery the Danish company operates in Bulgaria, said Alexander Grancharov, executive director of Carlsberg Bulgaria. The resource will be spend on new equipment, renovation of production premises and the construction of a new wastewater treatment plant....

15.6.2007

The hearing on the appeal of the death sentence of the Bulgarian nurses and the Palestinian doctor in front of Libya's Supreme court is scheduled for 20 June, reported BNR.According to the defender of Bulgarian nurses Osman Bisanti on the first session, the judges will pronounce on the admissibility of the medics' appeal. If the appeal of the...

15.6.2007

JPMorgan Chase & Co. agreed to build a skyscraper near Ground Zero for its investment-banking headquarters, becoming the second Wall Street firm to commit to moving into the area devastated by the terror attacks of Sept. 11.The third-largest U.S. bank will occupy a tower with about 40 stories, 1.3 million square feet and six trading floors,...

14.6.2007

Scorching heat could spell more dangerous summers for the Mediterranean over the next 100 years, a new analysis finds.A 2003 heat wave took 15,000 lives in France and 3,000 in Italy as temperatures soared over 100 degrees Fahrenheit, but if greenhouse gases continue to build up in the atmosphere at their present rate, temperature rises could...

14.6.2007

SOFIA, June 14 (Reuters) - Brussels should impose financial sanctions on Bulgaria to force the government to speed up reforms and fight high-level graft effectively, local human rights groups said on Thursday.The European Union newcomer faces possible cuts in financial aid from the bloc if it fails to prove it is taking effective action to uproot...

14.6.2007

Ten European energy groups have shown interest in becoming strategic investors in a €2bn ($2.7bn) project to build a new nuclear plant at Belene in Bulgaria.Three nuclear operators - France's EDF, the Czech group CEZ and Eon of Germany - are among the potential bidders for a 49 per cent stake in a Bulgarian-controlled company that would...

14.6.2007

European Commission president Jose Manuel Barroso said after a meeting in Brussels with Romanian prime minister Calin Popescu Tariceanu that a decision on the introduction of safeguard clauses for Bulgaria and Romania has not been taken yet.Bulgaria and Romania expect EC evaluation of the progress they made in problematic areas. EC decided to...

14.6.2007

Bulgaria's population declined by nearly 40,000 or 0.05 % over the last year, when it numbered 7, 679, 290, official data shows. There is a gradual increase in the number of babies born over the last four years, but the large part of them - 70 out of every 100 - come from socially vulnerable groups. The data was published as the government...

13.6.2007

GTC Bulgaria, the local unit of Polish developer Globe Trade Centre (GTC), has acquired a 65% stake in a retail project in Bulgarian coastal city Varna, the parent company said in a press release on its corporate website. The project comprises 37,000 sq m of net rentable area. Upon completion, scheduled for Q4 2008, the shopping center will...

13.6.2007

Russian property developer Karrat Group is offering for bulk conveyancing apartment buildings in the Fountains City residential scheme it is building in Sofia's Mladost 4 borough. Simeon Mitev from RE/MAX Shans Grup, which has the agency contract for the residential stock, said talks are already...