Economy
South Steam Shareholders to Strike New Agreement in 2011
A new shareholders' agreement for the South Stream gas transit pipeline will be signed in 2011, Gazprom CEO Alexei Miller has announced. The shareholders are going to com...
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Economy News from Bulgaria
Bulgarian Economic News: Economy stories for investors from InvestBulgaria, with an archive going back to 2010.
Economy
Economy
US Contour Global OKed to Buy Enel Stake in Bulgaria Plant
Bulgaria's antitrust regulator has given approval to US investment fund Contour Global to acquire the majority stake of Italian energy giant Enel in Maritsa East 3, a Bul...
Economy
Shale Gas to Win Bulgaria's Energy Independence - Minister
The shale gas resources in Bulgaria could greatly improve the country's energy independence and would create a new alternative for its gas needs, Bulgarian Economy and En...
Economy
Bulgaria's Kozloduy NPP Launches New Spent Fuel Depot
A new dry spent nuclear fuel storage facility was officially launched at Bulgaria's Kozloduy NPP by the country's PM, Boyko Borisov, and Economy and Energy Minister, Trai...
Economy
Business » Energy UniCredit, Raiffeisen Seek to Broker E.ON Bulgaria 33% Sale
UniCredit SpA (UCG), Italy's biggest bank and Vienna-based Raiffeisen Bank International AG (RBI) have bought tender documents to broker Bulgaria's 33% stake sale in an E...
Economy
Bulgaria Minister: Gray Economy Better than No Economy
In a highly controversial statement, Bulgaria's economy minister has defended, though half-heartedly, the flourishing gray sector in the country, saying that still it gen...
Economy
Bulgarian Exports to Non-EU Countries Up by 56% Q1 2011 Y/Y
In the period January - March 2011 Bulgarian exports to non-EU countries increased by 55.9% year on year. The data was released by the National Statistics Institute Tuesd...
Economy
601 New Residential Buildings in Bulgaria in Q1 2011
In the first quarter of 2011, the newly built residential buildings in Bulgaria were 601, according to the preliminary data of the National Statistical Institute, NSI, re...
Economy
Bulgaria Might Opt for Short-Term Gas Contracts with Gazprom
Bulgaria might chose to press for short-term contracts for natural gas delivery with Russian giant Gazprom after 2012, stated vice-Minister of Energy Mariy Kosev Tuesday....
Economy
PM: Bulgarian Economy Needs Own Nuclear Power
Bulgaria is fully committed to developing its nuclear energy sector, stated PM Boyko Borisov at a foreign investment forum held in Sofia Tuesday. In the past year or so,...
Economy
Bulgaria Set to Privatize Diplomatic Real Estate Agency
Bulgaria plans to privatize the ADIS real estate agency that manages the properties of the Ministry of Foreign Affairs within the country. This was announced Sunday by Bu...
Economy
Nabucco Pipeline Delayed for 2 Years over Natural Gas Supplies
The much-anticipated EU-sponsored Nabucco gas transit pipeline will be delayed by two years, the Nabucco consortium has announced raised doubts of increasing uncertainty...
Economy
Ayala's IMI Buys Out EPIQ Assets in Bulgaria, Mexico, Czech Republic
Integrated Micro-Electronics Inc. (IMI), the electronics manufacturing services unit of Philippines-based company Ayala, is buying out EPIQ NV's assets in Bulgaria, Mexic...
Economy
Bulgarian Govt to Privatize Railway Freight Services
Bulgaria's Cabinet is taking steps in order to privatize the freight services of the state railway company BDZ, according to Vladimir Vladimirov, chair of the Board of Di...
Economy
Shocked Investors: New Law Shatters Bulgaria's Renewable Energy Sector
Bulgaria's newly adopted Renewable Energy Act contradicts the Constitution and EU law, and will shatter the country's energy future, according to the Bulgarian Wind Energ...
Economy
Bulgarian-Chinese Car Models Debut in Veliko Tarnovo
Two of the cars of the Chinese motor company Great Wall to be made in the Bulgarian city of Lovech made their debut, the site "Automedia.bg" informs. The models Hover and...
Economy
Russia Halts Oil Export, Bulgaria Demands Guarantees
Bulgaria's Economy and Energy Minister, Traicho Traikov, has asked for guarantees from Russia for enough fuels for the country's market amidst reports that the Federation...
Economy
WikiLeaks: Bulgaria N-Plant Manager Forced to Shut Up over Incident in 2006
The manager of Bulgaria's sole nuclear power plant Kozloduy has been threatened with being "knocked off" unless he keeps quiet about an incident on the first day of March...
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