Eurolease Auto, the leasing arm of Eurohold Bulgaria, has placed a five-year bond worth 5.0 million euro ($6.7 million).
The company issued 5,000 bonds with a par value of 1,000 euro each and a floating coupon equal to six-month EURIBOR +2.95% on an annual basis, but no less than 6.0% annually.
The issue, dated June 8, 2007, will be listed for secondary trading on the Bulgarian Stock Exchange within six months of the issue date.
Last year Eurolease Auto placed a five-year 3.0 million euro bond and another five-year bond issue worth 5.0 million euro earlier this year.
What are your expectations about the levels of foreign direct investments (FDI) in the south-east European countries by end-2008, considering that in the first six months of the year half of the countries in the region registered lower FDI inflow y/y?
Aug 5, 2008
Less FDI will be attracted
FDI will exceed last year’s level
The level of FDI will be almost unchanged
The level of FDI will depend on global business climate
Bulgaria is one of the biggest producers of rose oil in the world...
Bulgaria is one of the biggest producers of rose oil in the world. The reason hidden in the high qualities of the Bulgarian Kazanluk rose, a special type, which was cultivated in the country after many years of production and development. The Bulgarian roses are inheritors of the so called Damascena rose that was brought in the country ages ago.
The rose oil is called "the liquid gold" of Bulgaria and used mainly for the making of perfumes, chocolates, liqueur and jam.
The rose oil is three times more expensive than the gold. One kilogram rose oil is extracted from 3,000 kg of roses, which means that for one gramme of rose oil more than 1300 rose blossoms should be used!
The Valley of Roses (Kazanlak region) is one of the biggest producers of rose oil in the world. The conditions in Kazanlak proved to be more favourable for the cultivation of the rose than those in its own country of origin - Tunisia.
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