Search Results for: Bulgarian

BY PAUL COCHRANE in Beirut

THE APPEAL hearing of the five Bulgarian nurses and Palestinian doctor sentenced to death for allegedly infecting over 400 Libyan children with HIV has been brought forward to December 25. The hearing was originally slated for January 31, but was altered in response to concerns by the defence team over the health and psychological conditions of the defendants, who have been in jail since 1999.…

KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is lending Euro 20.1 million to three Bulgarian banks to create a special fund financing small-scale domestic investments promoting energy efficiency and renewable-energy use. United Bulgaria Bank, Postbank and RZB Bulgaria are participating in the scheme which has been developed under the EBRD’s policy of helping Bulgaria deal with the forced decommissioning of its Kozloduy nuclear reactors.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to lend Bulgaria’s Maritza East I Power Company Euro 430.5 million to finance construction of a two-300MW generator lignite-fired power plant on a ‘build-own-operate-transfer’ basis. The project will help Bulgaria deal with the closure of nuclear power plants at Kozloduy – a safety-inspired condition of the country’s 2007 European Union (EU) accession.…

BY ALAN OSBORN
IT’S fair to say that neither Bulgarian nor Romanian wine stands very high in wine-lovers’ affections at the moment. That wasn’t always so.

The wines were held in some esteem in the 80s, for instance, under the last years of communist rule, but standards have slipped pretty drastically in the score of years since then.…

KEITH NUTHALL
THE NETHERLANDS government has shown how rich countries can fulfil their Kyoto Protocol commitments by promoting the overseas development of efficient green energy production, claimed the European Bank for Reconstruction and Development (EBRD). The Dutch are funding a Euro 5 million conversion of a Bulgarian paper mill from generating energy via oil and gas to biomass via the EBRD-managed Euro 32 million Netherlands Emissions Reduction Co-operation Fund.…

BY KEITH NUTHALL
FRENCH drinks group Belvédère is to sink Euro 30 million into the Bulgarian wine industry, as the country prepares to become a European Union (EU) member state in 2007. The company is planning to invest in local vineyards to be able to provide approximately 30% of its grape supplies for its Bulgarian production, which is owned by subsidiary Belvédère Capital Management Ltd.…

BY PUAL COCHRANE, in Beirut

THE APPEAL hearing of the five Bulgarian nurses and Palestinian doctor sentenced to death for allegedly infecting over 400 Libyan children with HIV has been brought forward to December 25. The hearing was originally slated for January 31, but was altered in response to concerns by the defence team over the health and psychological conditions of the defendants, who have been in jail since 1999.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is lending French wine group Belvedere Euro 9 million to break into the Bulgarian market, paying for it to reconstruct existing wineries and to acquire vineyards. The bank said the loan would “support (Belvedere) in the process of becoming one of the biggest local players in the wine sector and (in) increasing its export sales”.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend Dundee Precious Metals Inc US$10 million to modernise and expand its Chelopech Gold Copper mine and associated processing plant in Bulgaria. Its aim is to boost the complex’s processing of ore from 500,000 to 1.5 million tonnes per year, which it converts into copper/gold concentrates.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to lend Dundee Precious Metals Inc US$10 million to modernise and expand its Chelopech Gold Copper mine and associated processing plant in Bulgaria. Its aim is to boost the complex’s processing of ore from 500,000 to 1.5 million tonnes per year, which it converts into copper/gold concentrates.…