The losses from the decommissioning of NPP Kozloduy’s units will be calculated again. Consultants from the companies Arcadis and Pleyadis are arriving on a second visit to Bulgaria, Mr. Slavcho Neykov – Chief Secretary of the Ministry of Energy and Energy Resources, announced. The companies were selected as independent evaluators of the social and economic consequences from the decommissioning of the Third and Fourth unit. The experts’ intermediate report should be ready by the end of the month. Bulgaria has already evaluated the losses to EUR 1.7 million.
Source: Standard 

The final privatization of five companies from Minstroy system started on January 6 with the beginning of consecutive tender from the mass privatization. It took place for a first time on the stock exchange and the tenders will continue every day by February 2. There was a big activity at them during the first several days when were bought most of the qualified shares. The situation with the stakes of the subsidiaries of Minstroy holding is the same. All of them are a major property of MG corporation. Just for a day was finalized the trade with Minstroy Burgas.
Source: Dnevnik

During 2005 will be initiated the production of glass in the factory of the Turkish company Sisecam in Targovishte became clear after a meeting of the management of the company with the Prime Minister Simeon Saxe-Coburg and the Minister of Economy Ms. Lidia Shuleva. The Turkish company invested USD 160 million in the construction of the glass factory. It is expected that in the factory will be opened over 700 new workplaces.
Source: Sega 

State Claims Agency will sell through a tender 99.62 per cent from Angora-99 JSC, acquired by the State in the insolvency procedure of Businessbank JSC, Petrich. The price of the company is BGN 600 000.
Source: Trud 

On January 16 started the secondary trade with bonds of Alma tour BG on the stock exchange. They will be traded on the non-official market of bonds. The amount of the issue is EUR 750 000 with a deadline of 3 years. The bank in service of the issue is Allianz Bulgaria. The funds will be used for construction of new hotels.
Source: Dnevnik

The Board of Directors of Hotel Rila JSC decided to increase the capital of the company from BGN 180 299 to BGN 2.794 million through the issue of new personal shares with face value of BGN 1. The company possesses the hotels Rila in Sofia and Elitza in Vitosha and is property of MEBO Riel 99. The shareholders must pay within 30 days from the date of the invitation’s promulgation. The additional funds in the capital will be a part of the investment programme of the company for 2004, during which will expire the privatization contract.
Source: Dnevnik 

UK-based Melrose Resources, researching the two Black sea natural gas deposits near Galata in Varna stated their testing proved successful, Dow Jones agency announced. The deposits contain significantly larger reserves than initially found. The proved reserves are already estimated at 1.841 billion c.m., compared to 12.265 billion c.m. initially expected. Melrose Resources holds the full rights to research and develop the deposits near Varna. The good news made the UK company’s shares jump to GBP 144 at LSE on Friday.
Source: Dnevnik 

USA
U.S. computer and printer maker Hewlett-Packard Co. Ltd. said on Tuesday it will invest USD1 billion in Singapore over the next five years to expand its manufacturing, including of high-end computer servers.  The world's second-largest computer maker said it would shift part of the production of its high-end Superdome servers out of the United States to Singapore, in a bid to save costs and speed delivery times for its Asia Pacific customers.   HP's investment will be a boost for Singapore's electronics industry, which accounts for over half the city state's non-oil exports but has been declining as factories shift to lower cost countries like China.   Paul Chan, managing director for HP Asia Pacific, said the $1 billion would be used to boost production capacity, buy new machines and train staff. It employs 6,000 people in Singapore.   "China and Korea are two of the strongest growth countries in the world for Superdomes," Chan said.   He added that the move will result in "sizeable cost savings" for HP, but declined to reveal figures. The refrigerator-shaped Superdome, which weigh up to 4,409 pounds and costs between USD 300,000 and USD 9 million to set up, allows big corporations to run multiple operating systems on one platform and supports large-scale applications and databases.   HP has installed over 500 Superdomes in Asia Pacific in the last two to three years, and customers include Singapore Airlines Ltd., South Korea's SK Telecom Co, as well as memory chips maker and electronics giant Samsung Electronics Co Ltd.
Source: Reuters