Financial
Bulgaria Sets Pricing on 5-Year Eurobond at Swaps +3.50 Area
Bulgaria has set pricing on its euro-denominated, benchmark-size, five-year bond in the area of 350 basis points over midswaps, one of the banks running the deal said Mon...
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Bulgarian Business and Investment News
Short briefs on the data and rule changes that matter to investors, with an archive of Bulgarian business news going back to 2010.
Financial
Investments
Bulgarian Construction Company Planex Opens Office in Bucharest
One of biggest Bulgarian construction companies, Planex, has opened an office in the Romanian capital Bucharest, the company announced. It said the move is "in line with...
Macroeconomic Data
National Stats Release Key Indicators for Bulgaria
In June 2012, the industrial confidence indicator in Bulgaria decreases by 1.1 percentage points in comparison with May. The report on key indicators of Bulgarian economy...
Infrastructure
High-speed Railroad Launched in Southern Bulgaria
All trains serving the railroad line between the second largest city of Plovdiv and the town of Dimitrovgrad in southern Bulgaria can now travel with speeds up to 160 km/...
Investments
Lukoil, ERG Pay EUR 52 M for Bulgarian Wind Park
LUKERG Renew, a joint venture between Italy's ERG SpA (ERG) and Russia's OAO Lukoil, completed the acquisition of a wind park in Northeastern Bulgaria. Thus, Lukoil and E...
Financial
Bulgaria Expects Great News on Eurobond Float, FinMin Says
Bulgarian Finance Minister and Deputy PM Simeon Djankov has made clear his high expectations for the country's upcoming Eurobond float. "There has been a calming of the i...
Romanian Police Officers to Patrol Bulgarian Resort
This year's first group of four Romanian police officers are to start patrolling the Bulgarian Black Sea resort of Albena together with their Bulgarian colleagues on Sund...
Infrastructure
Key Highway Section Opened in Bulgaria
The section of Bulgaria's Trakiya Highway between Nova Zagora and Stara Zagora was officially opened on Sunday. "The construction of highways will yield its results over...
Infrastructure
2nd Bulgaria-Romania Danube Bridge to Be Ready by End 2012
The second bridge over the Danube linking Romania and Bulgaria at Calafat and Vidin will be ready by the end of the year, announced Bulgarian Minister of Transport Ivaylo...
Business
Czech Energo-Pro Starts Operating Network in Northeast Bulgaria
German electric energy company E.ON has finalized the deal to sell its Bulgarian unit E.ON Bulgaria to private Czech company Energo-Pro, it emerged on Friday. The news co...
Sports
Bulgaria's Lalova Sprints into 200 m Semifinals in Helsinki
Bulgaria's Ivet Lalova, who triumphed in the 100 m sprint at the European Championship in Helsinki on Thursday, made it easily to the 200 semifinals the next day. The Bul...
Investments
Sofia Airport May Build 3rd Terminal
Veselin Peykov, CEO of Sofia Airport, has said that the management of the company will start designing a new terminal at the beginning of 2013. In a Friday interview for...
Business
Bulgaria's Globul Expected to Fetch Greek OTE EUR 800 M
Greek telecoms group OTE will seek to sell its Bulgarian businesses - a mobile phone company and an electronic appliance retail chain – for no less than EUR 800 M, accord...
Investments
Bulgaria Sees Large Increase in Greek, Romanian Companies 2011
The number of fully Greek-owned companies in Bulgaria increased by 72% year on year in 2011, Bulgaria's National Revenue Agency has revealed. The same year saw a 50% incr...
Infrastructure
South Stream Consortium Starts Eco Assessment in Bulgaria
The South Stream Transport AG consortium has has formally initiated the Environmental Impact Assessment (EIA) procedure for the Bulgarian section of the South Stream Offs...
Economy
Bulgaria's Organic Honey Ouput Reaches 1 200 tons per year
Bulgaria makes over 1200 tons of organic honey per year but the largest share of it is exported, according to Plamen Ivanov, Chair of the National Beekeepers' Union. In a...
Infrastructure
Bulgaria PM to Inaugurate Trakia Highway Stretch, New Road Junction
Bulgarian President Rosen Plevneliev, Prime Minister Boyko Borisov and European Commissioner for Regional Policy Johannes Hahn will cut the ribbon Sunday on the Trakia Hi...
Business
Bulgarian-Romanian Fest to Present 'Danube Wine Destinations'
A joint Bulgarian-Romanian wine festival will be opened in Bulgaria's Ruse as part of an EU-funded project entitled "Danube Wine Destinations". The Bulgarian-Romanian Win...
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