Sat, Feb 11 2012

EMPLOYERS AND INDUSTRIALISTS IN BULGARIA MERGE

Tue, Jun 06 2006 10:30 CET

454 Views

On May 5 the Employers Association of Bulgaria (EAB) and the Bulgarian International Business Association (BIBA) merged to create the new Confederation of the Employers and Industrialists in Bulgaria (CEIBG).

With its 370 member companies, the CEIBG generates over two thirds of the total national production., 24 Chassa reported.

The companies participating in the organisation provide 75 per cent of the country's export and employment for over 400 000 people. The union was politically and financially independent as it relied entirely on the membership fee, Capital newspaper publisher and former EAB head Ivo Prokopiev said.

Prokopiev and Hewlett-Packard executive director and BIBA president Sasha Bezuhanova presented the new organisation in the Sheraton Hotel.

Finance Minister Plamen Oresharski said that the union should protect the country's interests rather than the ones of its member companies. He added that the confederation should consider the advice of its social partners as CEIBG's objectives were the same as the ones of the labour unions.

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

More in this category

US embassy in Sofia announces youth essay contest

Works will be reviewed by a group of judges, and winners will receive certificates and prizes.

Bulgarian police bust drug distribution gang in ‘Operation Hammer’

Seven arrested, including ‘The Squirrel’ who was found in possession of 10 00 euro, Interior Ministry says. Mobile phones, computer equipment and drug paraphernalia seized.

Bulgaria’s winter weekend weather – cloudy and cold with light snow

Maximum temperatures across the country will remain mostly below zero.

Mild earth tremors in Bulgaria on February 10

The first tremor was at about 12.34am, followed by another three minutes later. Their epicentres were located between the towns of Radnevo and Topolovgrad.

Bulgaria halts electricity exports after power plant accident

There was no risk of blackouts caused by insufficient power supply, Economy Minister Traicho Traikov told Bulgarian National Radio.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.