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Amcham Body87v4.Qxd issue 87 march 2008 Events: AmCham Ski Tournament 2008 Analysis: Stanishev Survives Again Kosovo’s Independence Day NewNew VolumesVolumes ofof PrivatizationPrivatization inin BulgariaBulgaria American Chamber of Commerce in Bulgaria Business Park Sofia, Mladost 4 Area, Building 2, Floor 6, 1766 Sofia Tel.: (359 2) 9742 743 Fax: (359 2) 9742 741 homepage: www.amcham.bg e-mail: [email protected] editorial Dear Reader, I am restraining myself from following the recent fad in Bulgarian media and writing an anti-corruption commen- tary brimming with indignation. I may want to do this, but it has been exactly what most newspapers in Sofia are doing daily. The media are criticizing the government on the grounds that it is not providing the optimal conditions for Bulgaria to receive various EU program funds. AmCham Bulgaria Magazine has a clear position on this issue. We do not think that the Bulgarian business should suffer by being cut off investments from the EU because of corruption or poor preparation of the authorities. All the same, we believe that no matter how much noise the media create, it is not going to change the status quo much. I have a 17-year-long practice as a journalist, and cannot recall a single instance when a newspaper publication or television expose on corruption issues has brought down Cabinet members or stimulated a true institutional reorganization. The reason for this low effectiveness is that the media do not go much further than stating the obvious: a) corruption exists in Bulgaria, and b) it is bad. We all know that - but so what? Media rarely if ever provided solutions to this pervasive problem. I should admit that our own reporting team is not ready to propose much in this respect, either. A serious investigation with pertinent solutions requires some serious investigative work, long time, inside informa- tion from government sources, who would agree to speak on the record, too. Some jour- nalists may even need to go "under cover." All that is an impossibly complex task, which goes well outside the mandate that AmCham Bulgaria Magazine has - to inform the members of the American Chamber of Commerce about the business opportunities and conditions in our country. We have always believed that this magazine should be an honest broker for the business relations in Bulgaria. Even more, AmCham Bulgaria Magazine has usually tried to find the positive aspects of any event we have covered. That way, managers and owners of member companies can take care of their 2008 March Magazine AmCham Bulgaria business without the deluge of negative news, which are the domain of most other media. I am certain that our readers know all too well about the problems in the country. So I think we are doing well in this respect. At least, we have never wasted your time with lengthy stories containing corruption insinuations, which end with a short commentary to the tune, "This is really, really bad." As usual though, this issue has numerous interesting and valuable materials. Please, enjoy. page 1 Milen Marchev Editor-in-Chief contents issue 87 march 2008 AmCham Bulgaria Magazine is a primary forum for political and economic analyses, news, viewpoints as well as for the presentation of new business oppor- tunities. The articles in the AmCham Bulgaria Magazine express the opinions of the authors and do not necessarily reflect the position of the American Chamber of Commerce in Bulgaria. Publisher Writers: American Chamber of Commerce in Bulgaria Boyko Vassilev, Marina Tzvetkova, Business Park Sofia, Mladost 4 Area Mina Georgieva, Panayot Angarev, Building 2, Floor 6, Sofia 1766, Bulgaria Yuliana Boncheva Tel.: +359 (2) 9742 743 Fax: +359 (2) 9742 741 Advertising e-mail: [email protected] AmCham Bulgaria: www.amcham.bg Nadejda Vakareeva, [email protected] AmCham Bulgaria Magazine: Editor-in-Chief Milen Marchev, [email protected] Milen Marchev Deputy Editor-in-Chief: The AmCham Bulgaria Magazine reaches a broad audience Christopher Karadjov of AmCham members, leading US, Bulgarian and internation- al companies, US and Bulgarian decision-makers, all Senior Editor: AmChams around the world. Irina Bacheva Subscription is free of charge. If you would like to subscribe to AmCham Bulgaria publications, please contact the ISSN 1312-935X AmCham Bulgaria office. iF YOUR AD WERE pLACED HERE, AMCHAM ADVERTISING RATES BACK COVER ....................1330 BGN OUR ESSAGE SECOND COVER ................1220 BGN Y M THIRD COVER ..................1180 BGN • WOULD BE CONVEYED TO THE LEADING US, INTERNATIONAL AND TWO PAGES SPREAD ............1440 BGN BULGARIAN COMPANIES OPERATING WITHIN BULGARIA; FULL PAGE ........................960 BGN HALF PAGE ........................780 BGN • WOULD REACH THE DESKS OF SENIOR EXECUTIVES AND DECISION-MAKERS QUARTER PAGE ....................580 BGN WHO DEMAND HIGH QUALITY PRODUCTS AND SERVICES; LOGO ..............................350 BGN INSERT ............................840 BGN • WOULD TRAVEL ACROSS THE EUROPEAN CONTINENT AS WELL AS THE UNITED STATES, TAKING FULL ADVANTAGE OF THE INTERNATIONAL NET- DISCOUNTS: WORK OF AMERICAN CHAMBERS OF COMMERCE; 2 AMCHAM MEMBERS ..................20% • WOULD SERVE AS AN IDEAL NETWORKING OPPORTUNITY FOR POTENTIAL ADVERTISING AGENCIES ..............15% FOREIGN INVESTORS AND BUSINESSMEN VISITING BULGARIA. MAX VOLUME DISCOUNT ............10% THE RIGHT MESSAGE TO THE RIGHT AUDIENCE. For more details please contact: AmCham Bulgaria Office – Nadia Vakareeva, phone: 974 27 43/4, e-mail: [email protected] AmCham Bulgaria Magazine – Milen Marchev, phone: 846 88 32, e-mail: [email protected] AmCham Bulgaria Magazine March 2008 March Magazine AmCham Bulgaria amcham bulgaria Board of Directors of the American Chamber of Commerce in Bulgaria President Mr. Borislav Boyanov Borislav Boyanov & Co. First Vice President Mr. Anthony Hassiotis Bulgarian PostBank Contents Vice President Mr. Kenneth M. Lefkowitz New Europe Corporate Advisory Treasurer Tanya Kosseva-Boshova Landmark Property Bulgaria politics The Stanishev Cabinet Preparing Members Ms. Olga Borissova Ellief Center, AUBG For Another Term . .4 Mr. George Georgiev Motorola Bulgaria By Marina Tsvetkova Mr. Thomas Higgins Balkan Accession Fund Mr. Andon Ichev General Electric economy Mr. Stefan Ivanov Citibank N.A. New Wave in Privatization? . .12 Ms. Dana Leff AbCRO Bulgaria Mr. Chris Thompson Bearing Point, CLRP By Yuliana Boncheva Ms. Elitsa Tsaneva Ideal Standard Bulgaria news Bulgaria and the United States Ex-Officio Member Mr. James Rigassio US Senior Commercial Attache Executive Director Valentin Georgiev Sign Eleven Agreements on Bases . .18 By Panayot Angarev 3M (East) AG . AA KRES EOOD . ABB Bulgaria EOOD . Abbott Laboratories S.A. AbCRO - Bulgaria . Accor Services Bulgaria . ACO Building Elements Ltd. ACSIOR Ltd. ADIS Ltd. Advance International the balkans Transport (Balkan) EAD . AES Corporation . AFA OOD . AIG Bulgaria Insurance & Reinsurance Company Kosovo's Independence Day and Serbia's EAD . AIG Life Bulgaria . AIMS Human Capital . Alcoa Packaging Bulgaria . Alexander Hughes Bulgaria OOD . ALEXANDROV GROUP CORPORATION . Alfred C.Toepfer International . Alliance One Tobacco Day of Sorrow . .20 Bulgaria . Allied Pickfords Bulgaria . Alter Ego Company OOD . American College of Sofia . American English Academy . American Resarch Center in Sofia . American University in Bulgaria (AUBG) . Anglo- By Boyko Vassilev American School of Sofia . Anton Preslavski, Liebert Hiross . APIS - BULGARIA Ltd. APOLO Ltd. Aries Commerce . Ashtrom International Ltd. Association Integra-BDS . Astra Zeneca UK Ltd. Astral Holidays market AD . AT Engineering 2000 Ltd. Auditing Company Versi and Partners Ltd. AVON Cosmetics Bulgaria Ltd. BAE Systems International Ltd. Balkan Accession Fund . Balkan News Corporation Plc. Balkan Star Wireless Telecom Market in Bulgaria - Automotive EOOD . Baxter AG . Bayer Bulgaria EOOD . BC Serdon . Berlitz Schools of Languages . Really Impressive Figures . .24 BG Radio . BMG Ltd. Bodyguard-Fire-K Ltd. Borislav Boyanov & Co. Braykov's Legal Office . British American Tobacco . Brown Forman Beverages Worldwide Sofia Branch LLC . Bulgaria Platinum Group analysis EAD . Bulgarian American Enterprise Fund . Bulgarian Charities Aid Foundation (BCAF) . Bulgarian Land Development EAD . Bulgarian Telecommunications Company AD . Business Media Group . Business Park The Textile Industry - Myths and Realities . .26 Sofia EOOD . CallPoint New Europe AD . Candole Partners EOOD . Car Rental Bulgaria Ltd. Carlsberg Bulgaria AD . Cefin Bulgaria EOOD (IVECO dealer) . Center for the Study of Democracy . CENTURY 21 By Mina Georgieva Bulgaria . Chelopech Mining EAD . Chris Thompson, Independent Consultant . Cisco Systems Bulgaria . Citibank N.A.- Sofia Branch . City University of Seattle . Cleves EOOD . CMS Cameron McKenna EOOD amcham events . Coca-Cola HBC Bulgaria AD . Coface Bulgaria Credit Management Services EOOD . Colgate-Palmolive Adria . COLLIERS International . ConsulTeam Recruitment and Selection Ltd. Cook Communications . Record Number of Skiers Corstjens Worlwide Movers Group . CPM Consultancy Sllc . Curtis / Balkan Ltd. D&IC (Dun and Bradstreet Vie for AmCham Trophy . .32 Representative) . DeConi International . Deloitte Bulgaria OOD . DENIMAR Ltd. Devin AD . DHL Express Bulgaria Ltd. Diageo Bulgaria Ltd . Diamed Ltd. Dimitrov, Petrov & Co. Djingov, Gouginski, Kyutchukov, & Velichkov . DLA Piper Weiss-Tessbach Branch Sofia . Dobrev, Kinkin & Lyutskanov Law Firm . Astral Holidays Teams Up Domaine Boyar International AD . Dr.
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