Most Sofia bourse indices fall, Fibank paces blue-chip losers
UPDATE 1 - Bulgarian regulator okays 6.5% hike in Dec natgas price
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Fitch reaffirms Euroins Insurance Group at B+, outlook stable
Croatia's competition watchdog opens probe into Cakovecki Mlinovi, Tvornica Stocne Hrane
Oct 28, 2009 14:36 EEST
October 28 (SeeNews) - Following are some of the main stories in Bulgarian newspapers on Wednesday morning. SeeNews has not verified these reports and cannot vouch for their accuracy.
- Thirty-four companies have bought documents for a tender to build a waste recycling plant in Sofia, the newspaper reported. The deadline for the placing of bids will expire on December 28 and the offers will be opened on January 4, 2010.
- Rental prices for Class A office spaces in Sofia fell to 14 euro ($10.59/7.16 euro) per sq m from 19 euro year-to-date, Sofia-based commercial property advisors Forton International said.
- Bulgaria's state budget loses 500 million levs ($378.26 million/255.62 million euro) a year from tax benefits, the Institute for Market Economics, a Sofia-based think-tank, said in an analysis. Tax exemption of local tobacco growers cost the budget 110 million levs in the current year.
- The combined revenue of telecommunication companies in Bulgaria are expected to shrink by 7.5% on the average to 2.188 billion levs this year, New-York based IT consulting company Light Reading said.
- Bulgarian banks have extended credits worth a combined one billion levs in September, the country's central bank said. Lending rates are expected to go down in the following months, the newspaper reported.
- Until the end of the year Bulgaria will absorb 35 million euro in European Union funding for the purchase of three new helicopters for the surveillance of the bloc's outer borders, the daily reported. The Finance Ministry has invited offers for the supply of the helicopters.
(1 euro = 1.95583 Bulgarian levs)
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