FOREIGN INVESTMENTS OVER USD 1 MILLION
(as of December 1998)

Source: Bulgarian Foreign Investment Agency

INVESTOR

COUNTRY

SECTOR

BULGARIAN PARTNER

YEAR

VOLUME
IN USD

EBRD International    

94-98

190 000 000

SOLVAY BELGIUM chemical industry SODI DEVNYA

97,98

184 000 000

UNION MINIERE BELGIUM copper smelter MDK PIRDOP

97,98

103 700 000

SHELL OVERSEAS HOLDINGS UK trade SHELL BULGARIA

94-98

77 655 000

WILLI BETZ GERMANY, SPAIN transport SOMAT

94-98

64 784 880

HEIDELBERGER ZEMENT GERMANY cement industry ZLATNA PANEGA

GRANATOID

97

97

53 500 000

IVAN ZOGRAFSKI GERMANY tourism HOTEL INTERCONTINENTAL

94

53 095 090

AMERICAN STANDARD USA industry IDEAL STANDARD

VIDIMA IDEAL

93-98

52 133 780

EASTSTARCH NETHERLANDS food industry AMYLUM

96

46 000 000

DAEWOO CORPORATION KOREA hotel, office building SHERATON SOFIA BALKAN

INTERPRED

96

97

42 300 000

BREWINVEST GREECE food industry ZAGORKA

95

40 375 635

KLARINA HOLDING LUXEMBOURG food industry SOFIA BEVERAGE COMPANY

COCA COLA BOTLERS

BENAX

PLEVEN BOTLING COMPANY

PLOVDIV BOTLING COMPANY

TARGOVISHTE BOTLING COMPANY

BOURGASS BOTLING COMPANY

93

94

95

96

97

97

97

38 556 371

ALICO/CEH CYPRUS finance POSTENSKA BANKA

98

38 000 000

HOLDERBANK SWITZERLAND cement industry BELOIZVORSKI ZEMENT

97

32 500 000

CEMENT FRANCAIS FRANCE cement industry DEVNYA CEMENT

98

29 855 000

METRO GERMANY trade METRO BULGARIA

98

27 000 000

WESTDEUTSCHE ALLGEMEINE ZEITUNG GERMANY newspaper PRESSGROUP 168 HOURS

97

20 423 500

BARECK OVERSEAS LTD. CYPRUS glass DRUZHBA JSCO.-PLOVDIV

98

20 000 000

LUXCRAFT UK food industry STORKO

95, 96

19 125 714

SPARKY TRADING GERMANY electro industry,

machinebuilding

ELTOS

AGROMASHINA

96, 97

18 500 000

CABLE AND WIRELESS UK telecommunications RADIO-TELECOMMUNICATION COMPANY PLOVDIV

RADIO-TELECOMMUNICATION COMPANY SOFIA

92

93

97

17 945 093

NAVAN BULGARIAN MINING IRELAND mining BIMAK

95

16 947 653

REGENT PACIFIC GROUP UK trade ZUM SOFIA

98

16 678 000

EASTERN MARKET TELECOM FUND LTD BAHAMAS telecommunication MOBILTEL AD

98

16 496 000

McDONALDS USA food industry MCDONALDS BULGARIA

96

15 700 000

SEABORD OVERSEAS USA vine prod. VINPROM RUSSE

98

15 000 000

RAIFFEISEN BANK AUSTRIA finance RAIFFEISEN BANK BULGARIA

BANK OF AGRICULTURAL CREDIT

94

14 100 188

CS FIRST BOSTON LTD UK finance  

96

13 791 360

G. FOGELSTETTER AUSTRIA trade METALEX

92

12 756 592

INTERLICHTER HUNGARY transport INTERLICHTER

92

12 262 355

SOFTBUL INVESTMENT LTD CYPRUS food industry PLEVEN BOTLING COMPANY

TARGOVISHTE BOTLING COMPANY

BOURGASS BOTLING COMPANY

97

97

97

12 226 345

KRAFT FOODS INTERNATIONAL USA food industry KRAFT JACOBS SUCHARD BULGARIA

94-96

12 052 000

KUDRETMEHDY ADGAR TURKEY hotel NOVOTEL EUROPA

98

12 050 000

KERAMIK HOLDING SWITZERLAND building materials FAYANS KASPICHAN

96

11 040 000

NESTLE SWITZERLAND food industry NESTLE SOFIA

95,96

10 630 000

INTERBREW BELGIUM food industry BOURGASSKO PIVO

KAMENITSA PLOVDIV

95

96

10 292 565

KNAUF AUSTRIA building materials KNAUF GIPSFAZER

97

10 225 000

BEARING BROTHERS LTD UK finance  

96, 97

10 051 637

BULGARIAN RUSSIAN INVESTMENT BANK RUSSIA finance BULGARIAN RUSSIAN INVESTMENT BANK

95

9 259 259

WHITEBEAM HOLDINGS LTD INTERNATIONAL chemical industry ORGAHIM-ROUSSE

98

8 900 000

BANQUE NATIONALE DE PARIS FRANCE finance BNP DREZDNER BANK BULGARIA

95

8 600 000

DREZDNER BANK GERMANY finance BNP DREZDNER BANK BULGARIA

95

8 600 000

TKM FRUIT AND JUICE GREECE food industry VITAMINA

96

8 550 000

ISOLA BULGARIAN INVESTMENT CYPRUS finance  

95- 97

8 188 011

VNESHEKONOMBANK RUSSIA finance CORPORATIVE TRADE BANK

96

7 800 000

WORLD TRADE COMPANY USA hotel SOFIA HOTEL

98

7 100 000

ROLLMANN GERMANY clothing PIRINTEX

96,97

7 060 000

KLOCKNER & CO AG GERMANY trade Metalsnab Holding

98

6 700 000

BROADHURST INVESTMENT LTD SYPRUS finance  

96

6 504 206

THRACE PAPER MILL GREECE paper prod. KMH BELOVO

97

6 392 000

PROGRESS FINANCE CORPORATION CYPRUS finance  

96

6 314 331

STAMBOULI ENTERPRISES CYPRUS trade, textile STAMBOULI-BULGARIA

96,97

6 100 000

DANONE FRANCE food industry DANONE SERDIKA

94-96

5 802 687

BULGARIAN AMERICAN ENTERPRISE FUND USA finance FESTINVEST

BULG. AMERICAN CREDIT BANK

bIL

STORKS

93,

94,

95,

96

5 668 561

TC ZIRAAT BANK TURKEY finance  

98

5 560 000

DELTA GREECE food industry DELVI T

DELVI P

VITALAKT AD

93-96, 97

97

5 552 352

CHIPITA INTERNATIONAL GREECE food industry CHIPITA-BULGARIA

95-97

5 551 820

HELIAN COMMODITIES NETHERLANDS food industry KAMBANA BOURGASS

97

5 500 000

ALEXANDER PAVLOVICH LYAH RUSSIA trade 22 ND JULY

95

5 475 183

DTS USA trade SUPERABRAZIV

95

5 307 248

ERLTON FUND Ltd. IRELAND essential oils BULGARSKA ROSA SEVTOPOLIS

97

5 210 000

EUROPAC AUSTRIA paper RULON ISKAR

98

5 046 000

PLANZEE TIZIT AUSTRIA instruments INSTRUMENT

96

5 041 000

ATUSA SPAIN industry BERG MONTANA FITINGI BULGARIA

96,97

5 000 000

INTERINVESTMENTS CORPORATION USA trade BUHAL

97

5 000 000

EUROTECH USA industry PIRINSKA MOURA

95

4 845 851

SIEMENS GERMANY electronics DIGIKOM

94-97

4 780 590

BANQUE NATIONALE DE PARIS FRANCE tourism ALBENA

97

4 595 748

ROSNEFT RUSSIA trade ROSBULNEFT

96,97

4 420 500

HYUNDAI KOREA electronics ELPROM TRAFO

97

4 200 000

GLASINVEST LTD CYPRUS glas industry STIND

97

4 050 000

LONDON INVESTMENT PARTNERS LTD UK finance UNION BANK

97

3 947 049

YTONG HOLDING GERMANY building materials ITONG BULGARIA

94

3 790 586

GIBU ITALY building materials ESKOS DOGRAMA

94

3 772 667

KOMKO HOLDING SWITZERLAND trade KOMKO TRADING BULGARIA

EVROLOGISTIC

93

3 712 819

INTRACOM GREECE telecommunication BULFON

95-97

3 583 000

HUGO PHOE GERMANY trade MOTO PHOE

94

3 446 372

UKOS FINCONSULT CYPRUS trade UKOS PETROLEUM BULGARIA

96

3 428 571

HELIAN COMMODITIES NETHERLANDS food industry PRIMA M

98

3 315 000

CRONOSPAN CZECH REPUBLIC industry BULES

97

3 200 300

KAINDL CRONOSPAN AUSTRIA trade BULES

97

3 200 000

IONIAN BANK GREECE finance IONIAN BANK

95

3 004 356

CONSORTIUM FRANCE IRELAND FRANCE refrigerator MRAZ

96

3 000 000

CARESBACK USA finance CARESBACK BULGARIA

95

2 757 723

ABB GERMANY electrical industry AVANGARD, ACEA BROWN BOVERI,

ABB ELEKTROIMPEX

94-98

2 596 043

CARGIL FINANCIAL MARKETS UK finance  

96

2 500 000

MAILER GERMANY industry MAILER LACH

95

2 441 892

POLIHROM     POLIHROM

97

2 373 433

SWEDISH MATCH SWEDEN prod. of safety-match PLAM-BULGARSKI KIBRIT

97

2 350 000

TETRA INTERNATIONAL LUXEMBOURG finance  

95

2 330 000

RWE ENTZORGUNG CZECH REPUBLIC trade REB RWE ENTZORGUNG BULGARIA

95

2 328 628

BONARKO LTD CYPRUS finance  

96

2 161 134

ISIKLAR HOLDING TURKEY paper TZELHART-STAMBOLISKI

98

2 100 000

BULGARLIZING SWITZERLAND industry INKOMS

96

2 003 000

DEMEX BERATUNGS LICHTENSTEIN finance  

97

2 000 000

NOVAC CORP. JAPAN textile SVOBODA ED

97

1 900 000

GLOBAL ONE HOLDING NETHERLAND telecommunication GUKIS OOD

93-97

1 817 286

MESER GRIISHAM GERMANY industry MG HIMKO GAZ

96

1 728 330

UNIBUL WINES UK food industry VINPROM-POPOVO OOD

97

1 645 000

ILIAS EVSTRATIO KATSIYANIS GREECE   KOLIS

93

1 640 965

M + M MILITSER INTERNATIONAL SWITZERLAND   M + M MILITSER BG

93

1 603 120

KONTRAKO USA   ILINDEN

95

1 587 582

VAE AUSTRIA transport BULGARIAN RAILROADS

96

1 500 000

CLASMAN ENTERPRISES CYPRUS hotel HOTEL LONGOZA

98

1 496 200

PRAMET BULGARIA CZECH REPUBLIC industry FEROMAGNIT

96

1 487 000

EAGLE USA industry ORIGINAL

95

1 479 170

PARMAN CAPITAL INVETMENTS USA finance INTERNATIONAL BANK FOR INVETSMENT AND DEVELOPMENT

93

1 443 526

GAO GUANFU INDIA   ZHON TAJ

95

1 400 000

RAO GAZPROM RUSSIA industry TOPENERGY

OVERGAZ

96

1 366 666

FIN METAL TURKEY food industry SHUMENSKO PIVO

98

1 325 000

NADODZHANSKIE OILREFINING PLANTS POLAND industry MK OLIVIA

97

1 300 000

GLOTRACO LTD CYPRUS hotel GLARUS

98

1 298 000

ALKO   trade GAMZA 1922

97

1 240 030

KOSTRA DEVELOPMENT ISRAEL industry ELPROM NAJDEN GEROV

96

1 237 000

BRITISH GAZ EXPLORATION AND PRODUCTION UK mining COMMITTEE ON GEOLOGY AND MINERAL RESOURCES

93

1 135 603

NOREKOM GMBH GERMANY paper VELPA-91

98

1 121 374

NOREKOM GMBH GERMANY paper industry VELPA-91, STRAJITZA

98

1 121 374

GOODYS GREECE restaurant GOODYS

97

1 100 000

WELDE AUSTRIA industry LESOPLAST

97

1 100 000

SANOVO FOODS DENMARK   TRUDOVA

97

1 071 991

BULFARM LIBERIA trade BULFARM

94

1 043 773

BIRD FINANCE LIBERIA trade BIRD FINANCE

94

1 013 847

OZIRIS SHIPPING LIBERIA trade OZIRIS SHIPPING

94

1 013 847

K + A VOLEY OVERSEAS LTD CYPRUS trade  

97

1 002 223

ADUT-ADOX SKALICA SLOVAKIA paper prod. ZKO HADJI DIMITAR, SVOGE

97

1 000 000

BOSTON HOLDING LTD UK finance  

96

1 000 000