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Mon, Aug 13 2007 09:00 CET

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KREMIKOVTSI FINED
Minister of Environment and Waters Affairs, Djevdzhet Chakurov, imposed a  monthly fine of more than 24 000 leva (12 000 euro) on Kremikovtsi JSC for polluting waste waters, the ministry's press office announced on August 6. The new, higher fine was imposed on Kremikovtsi for exceeding the levels of harmful substances allowed in the waste water from the company's activities. Levels of phenols, nitrite-nitrogen, lead, manganese and dissolved substances were higher than those for which the company was fined more than 5500 leva a month in 2006. The new fine is being applied retrospectively from March 13 2007. On August 7, Economy and Energy Minister Peter Dimitrov met with Global Steel Holdings Ltd. president and Kremikovtsi supervisory board chairman Pramod Mittal at Dimitrov's request, to discuss how Kremikovtsi will fulfil its individual viability plan.

EXCISE DUTY
Although there is currently no EU norm that requires excise duty to be increased, Bulgaria's alcoholic drinks industry as a whole may face severe sanctions from the EU if the Government fails to curb the illegal production of alcoholic beverages. This was said by Branimir Botev, chairman of the alcohol association in an interview with Darik Radio. The association of alcohol producers, importers and traders vowed to put all their efforts into maintaining the current excise tax on alcohol. Botev said that this year the state will earn 40 per cent more from excise duty, which means that legal production has increased by 40 per cent.

MORE GOLF
Two golf courses will be built in Straldja municipality, Yambol region, over the next five to seven years the local municipal council announced, as quoted by Pari daily. The projects will be built on 3.1 sq km of municipal land in the village of Alexandrovo. Solas Nua Ltd has offered to invest 250 million euro in the projects, which include two 18-hole golf courses as well as adjacent training facilities, a club building, a maintenance complex, a four or a five-star hotel, a spa centre, recreation and sports facilities, commercial sites and about 3000 residential properties.

CAR PARTS
French car parts manufacturer Montupet has completed the construction phase of its project in the Danube city of Rousse. Montupet plans to launch test production by the end of October while regular production is scheduled to start in April next year,  a Montupet report said as quoted by Intellinews. The installation of equipment in the newly built industrial building has already been started. The total investment is estimated at 36 million euro. The French company will produce aluminium wheels for European car makers such as Audi, Dacia, Peugeot-Citroen and Renault. The industrial zone in Rousse provides convenient ties to the Romanian-based facilities of Renault and Dacia as well as cheap transport links to central Europe and neighbouring Turkey.

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Appointments

Employment Agency

Employment Agency

Kamelia Lozanova has been appointed the executive director of the Employment Agency, a position she has held ad interim since September 2011, following the resignation of her predecessor Rossitsa Stelianova. Prior to that, Lozanova was the agency's deputy executive director in charge of international projects and European programmes. She has been with the agency for more than 20 years. Lozanova has a degree in Slavonic philology from the St Kliment Ohridski University of Sofia.

Uniqa

Uniqa

Gloria Dimitrova has been appointed executive director and member of the managing board at Uniqa Life Insurance Bulgaria. Dimitrova began her career in 1998 at the insurance supervision directorate, but moved to the private sector and worked for professional services and insurance brokerage firm Marsh&McLennan and US insurer AIG, both in Bulgaria and the Middle East. She joined Uniqa as regional director for Sofia in 2010. Dimitrova has a degree in economics from the University for National and World Economy in Sofia and a master's degree in insurance from the Business Academy in Svishtov.

Kamenitza

Kamenitza

Yassen Lyubenov is the new head of marketing at Bulgarian beer brewer Kamenitza. Lyubenov has 12 years of experience in marketing in the fast-moving consumer goods sector and has started his career as assistant brand manager at Kraft Foods Bulgaria. He later became brand manager at Wrigley Bulgaria, with responsibilities for Bulgaria and Macedonia. Prior to joining Kamenitza, he was senior marketing manager at Wrigley Russia, where he was in charge of brand expansion into Ukraine, Belarus, Central Asia and the Caucasus. Lyubenov has a bachelor's degree in international business administration from the University of Lincoln, UK.

Beiersdorf

Beiersdorf

Bedros Kalfayan, general manager of skin care and cosmetics company Beiersdorf Bulgaria, will oversee the parent's company units in Romania and Moldova starting April 1. Following company restructuring, Beiersdorf's subsidiaries in the three countries were merged and are now one unit, part of Beiersdorf Central and Eastern Europe. Kalfayan joined Beiersdorf in 2007 as sales manager and was promoted to general manager in 2008. Prior to that, he worked for Axxon Bulgaria, Ferrero and Rubella. Kalfayan has a master's degree in industrial management from the Technical University in Sofia.

Hewlett-Packard

Hewlett-Packard

Sasha Bezuhanova has been appointed Hewlett-Packard public sector director for emerging markets, where she will oversee HP public sector activities in 63 countries, including Bulgaria. Bezuhanova will also be in charge of HP's relations with the European Union. Bezuhanova has been HP's public sector director for Central and Eastern Europe since 2008; before that she was general manager of HP Bulgaria since 1998. Bezuhanova has a master's degree in electronics from the Technical University in Sofia and has completed a managment programme at INSEAD.

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