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A DOUBLE BLOW TO BULGARIAN INDUSTRY.
(From Market - Europe)
Bulgarian industry is cutting back on capital investment because of weak sales both at home and abroad. Internal sales are not likely to improve during 2003 because discretionary spending is very limited at the household level. Purchasing power is not likely to improve over the next year
With purchasing power parity per capita of about US$6,200 per annum, the average Bulgarian has about one-fourth the consumer clout of his Western European counterpart. Most households have very limited ability to buy manufactured goods because over 40 percent of their earnings go to the purchase of food. Real wages have been severely undermined by rampant inflation that amounted to about 3,600 percent from 1995 to 2001
With consumers on the ropes, Bulgaria became an attractive destination for contraband merchandise and low-cost ...
- A DOUBLE BLOW TO BULGARIAN INDUSTRY.(capital investment falls due to poor...
- Newspaper article from: Market Europe January 1, 2003 700+ words
...on the ropes, Bulgaria became an attractive...longer compete. Bulgarian industry lacks modern...demand depressed, Bulgaria's industrial...disappear from Bulgaria within a few years. Bulgarian industry should experience...
- BULGARIA: TELEPHONE ROW PLUGS INTO DEEPER INDUSTRIAL MALAISE
- News wire article from: Inter Press Service English News Wire Boris Basmadjiev April 13, 1996 700+ words
...reported from Paris that Bulgaria had a new telephone company...power, foreign investment in Bulgaria has reached only $530 million...obstacles to investment in Bulgaria. And this month Britain...local support. As with all Bulgarian industry, the telecoms sector has...
- DuPont Opens Office in Emerging Market of Bulgaria.
- Press release article from: PR Newswire November 27, 2007 700+ words
...its first office in Sofia, Bulgaria. The Sofia office represents...marks our first office in Bulgaria, DuPont has had a sales...fastest growing sector of Bulgarian industry, according to data from...DuPont's business in Bulgaria is led by its strong agriculture...
- BULGARIA: WINE INDUSTRY SQUEEZED BY LOW PROFITS AND LOW INVESTMENT
- News wire article from: Inter Press Service English News Wire Plamen Tzvetkov December 6, 1996 700+ words
...capitalized to meet the challenge. Bulgaria exemplifies the problems...grape harvest. Like most Bulgarian industry they are starved of cash...grapes also poses a threat to Bulgaria's present export supplies...limit the bottle falls. Bulgaria's cheap wines have made...
- Russia Protests Expulsion Of Businessmen.(Bulgaria bans Russian businessmen;...
- Newspaper article from: NEFTE Compass August 31, 2000 700+ words
...Chorny, has ties to Naftex Bulgaria, which, until the end of last year, was known as Yukos Bulgaria. Chorny has vowed to contest...invested some $200 million in Bulgarian industry Bulgarian oil industry officials...who has been active in Bulgaria for several years. Now residing...
- Incinerator projects for Bulgaria and Slovakia
- Newspaper article from: Haznews June 1, 1996 700+ words
...can be used as a training model for Bulgarian industry. Bulgaria's main hazardous waste generators...fertilizer wastes are "dumped" in Bulgaria every year without pre-treatment: "Bulgaria has, as yet, no industry capable...
- Supplement: South East Europe - Sailing A Tight Line - In The Six Years Since...
- Magazine article from: The Banker May 1, 2003 700+ words
...arrangement has worked well for Bulgaria. "Any monetary policy is...board arrangement has been Bulgaria's commitment to structural...was difficult - given that Bulgarian industry was created by the communists...says. The decision to offer Bulgaria's six biggest banks to...
- Mutual Split Between Elbit, Bulgaria Over Helo Upgrades.
- Newspaper article from: Defense Daily International March 9, 2007 700+ words
...end and dispelled rumors of Bulgaria seeking additional compensation...agreement, Elbit will return to Bulgaria part of the advance payments...filed its previous lawsuit in Bulgaria without Lockheed Martin...likely transfer the work to Bulgarian industry, according to industry sources...
