St. St. Konstantin and Helena JSC will build two new hotel complexes during 2003, became clear after the Extraordinary General Meeting of the shareholders of the company, which was conducted in the end of last week. At the General Meeting was made a decision for raising the capital of the company from BGN 224 105 to BGN 2 913 365. One of the new complexes will be in the resort St. St. Konstantin and Helena. The value of this investment is EUR 6.8 million. The other hotel complex will be built in Golden Sands resort. The value of the investment is EUR 6 million.
Source: Dnevnik (20.10.2003)

For the fifth year in a row the Bulgarian Chamber of Commerce and Industry is making a rank list of Bulgaria’s leading 100 companies, using the world recognized assessment criteria such as Forbs and Fortune.The selection for 2002 has been made between 400 Bulgarian companies, distributed in two top lists. TOP 100 -1 includes companies, ranked on the basis of their incomes from sales, while TOP 100 – 2 has an additional criteria, excluding the companies whose debts to suppliers, employees or social funds exceed their profit. For the first time the experts from Bulgarian Commercial and Industrial Palace have prepared two more rank lists – TOP 50 of small and medium-sized enterprises and TOP 50 of the public companies. The first rank list includes companies with incomes from sales exceeding BGN 10 million in 2002, rated by their production capacity per employee working under labour contract. The second list includes winning companies, traded at the Bulgarian Stock Exchange – Sofia, rated by the return of the invested own funds in 2002 and by the change of this indicator compared to 2001. The private commercial companies are already pushing away the big state-owned enterprises from the top positions of the best developing companies in Bulgaria. Two industrial companies occupy the two top positions by profit, correlated to BGN 100 incomes from sales. The number one company is Pernik-based Stomana registering a profit of BGN 61 per BGN 100 incomes, and the number two company in the list is the cement factory Vulkan – Dimitrovgrad, which posted BGN 14 per BGN 100 incomes. Sofia-based company Telelink is number three with a result of BGN 13, followed by Hewlett Packard Bulgaria (BGN 10).
Source: Dnevnik (23.12.2003)