Tue, Feb 09 2010
Photo: Tsvetelina Angelova
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To raise revenue and discourage smoking, Bulgaria is poised to radically raise cigarette excises from 2010
If the ministry succeeds in raising the excise duty to 76 euro in 2010 from the previously planned 64 euro, prices would increase by an average 30 per cent
In spite of increasing competition from local and foreign firms, company beleives that 2009 will reap superior benefits due to higher produce.
Bulgartabak Holding has registered a 347 per cent revenue growth - amounting to 58.7 million leva for the fiscal year 2008 as opposed to 13.1 million leva for 2007, company data showed, as cited by investor.bg.
Toyota made a global statement announced that around 436 000 vehicles worldwide are to be recalled for inspection and upgrade, including the latest Prius model which is sold in 60 countries, Bulgaria included
Builders have met all municipal requirements and will also pay to renovate parks.
Non-Bulgarians can also be nominated as long as the company they own or work for has a minimum of five per cent Bulgarian capital.
The Christmas shopping season has not driven up retail sales in Bulgaria, according to the latest data of Eurostat, the EU’s statistical office.
The global financial crisis has slowed down globalisation, but only temporarily, one study says

Yavor Nedev has been appointed head of the state National Agency of Fisheries and Aquaculture. He replaces Yordan Staikov who join the team of advisers of Agriculture Minister Miroslav Naidenov. In 2009, Nedev was appointed by Naidenov as director of the recently-founded state Fishery Resources company, which is to manage fishing ports and operate with EU funds. He has been vice president of the Bulgarian - Swiss Chambers of Commerce as well as president of Cherno More football club in Varna. Nedev has also worked as a political scientist and university professor.