Financial
Romanians Flock to Pay Taxes in Bulgaria's Ruse
More and more Romanian citizens decide to register their businesses and pay their taxes in the Bulgarian Danube city of Ruse, according to the Balkan country's national r...
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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
Business
Bulgaria, China Ink IT Cooperation Memorandum
Bulgaria and China signed a memorandum on mutual cooperation in the sphere of Information Technologies Friday. Broadband technologies, e-government, joint research projec...
Infrastructure
Electric Power Station Launched in Bulgarian Beach Resort
Bulgaria's Prime Minister, Boyko Borisov and Economy and Energy Minister, Traicho Traikov, are opening Saturday the first stage of the building of a new electric power su...
Investments
Bulgaria's 1st Open Air Mall to Be Built in Burgas
The Black Sea city of Burgas will feature Bulgaria's first "open-air mall" as the shopping mall project dating back to 2008-2009 will be unfrozen. "The Strand" shopping m...
Economy
Bulgaria Gives Up on Trying to Make Gas Pipe to Turkey Part of Nabucco
The Bulgarian government is no longer trying to make the future gas interconnection between Bulgaria and Turkey a section of the EU-sponsored gas transit pipeline Nabucco...
Business
Subsidiaries in Bulgaria, Romania Fund Greek Parent Companies - Nomura
Romanian and Bulgarian subsidiaries of Greek banks have been funding their parent companies in the local market, analysts at Nomura Research Institute have observed. Acco...
Economy
Bulgaria's Economy Minister Upbeat about Bulgartabac's Privatization
The privatization of the Bulgarian state-owned cigarette produce Bulgartabac will be successful thanks to the privatization criteria, according to Economy Minister Traich...
Economy
Bulgaria Expects 10% More Tourists in Summer Season
Bulgaria expects a 10% growth in tourists, according to Deputy Economy Minister in charge of tourism Ivaylo Marinov. In an interview for the morning broadcast of the Bulg...
Economy
Burgas-Alexandroupolis Oil Pipeline Gets Further 2-Month Delay
The highly controversial project for the construction of the Burgas-Alexandroupolis oil pipeline has been delayed further as the Bulgarian Environment Ministry has return...
Investments
Bulgaria Vivacom to Invest BGN 600 M to Expand Network
Bulgarian telecoms operator Vivacom plans to invest BGN 600 M over the next three years to develop its fibre-optic internet network and improve its services, the company...
Economy
Bulbrokers to Broker EVN Bulgaria Stake Sale, CCBank - EVN
Bulbrokers, a local financial and investment company, has been picked to broker Bulgaria's 33% stake sale in Austria's EVN AG unit, while Central Cooperative Bank - the s...
Economy
Bulgaria Reports Moderate Progress in Cutting Red Tape
Bulgaria's Council of Ministers has approved a report on the implementation of the Action Plan for Reducing Administrative Burden by 20% by end-2012. The set of measures...
Real Estate
Bulgaria Ranked 6th in World by Property Price Drop
Bulgaria's real estate market is ranked sixth in the world by the property price drop in the first quarter of 2011, according to a study of the global property services a...
Economy
Bulgaria Stages Emergency Electricity Exports to Greece over Strike
Bulgaria's Electricity System Operator (ESO) has carried out an emergency export of electricity to Greece at the request of its Greek counterpart HTSO because of a strike...
Economy
Protest Looms in Bulgaria's Largest Sea Resort
Some 500 hotel and restaurant owners, taxi drivers and salespeople rallied in Sunny Beach, Bulgaria's largest Black Sea resort, against regulations set by the company man...
Financial
Bulgarian Trade Unions Fume over Wage Increase Controversy
The minimum monthly wage in Bulgaria is to go up on September 1, according to a proposal of the Finance Ministry, extended to the trade unions. The proposal was made Tues...
Economy
Number of Planes at Sofia Airport Up 5.4% in May 2011 Y/Y
Bulgaria's Sofia International Airport serviced 310 866 passengers in May, 2011, which is 11% more than the same period of 2010. The data was reported by the airport auth...
Economy
Overgas, Bosch Join Efforts on Household Gasification in Bulgaria
Bulgaria's gas distribution company Overgas has signed a contract with Germany's Bosch for mutual cooperation in the sphere of household gasification. The aim is to simpl...
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