Business
Great Wall JV to Produce EU Cheapest Cars in Bulgaria
Voleex C10 sedan, Hover H5 SUV and Steed pickup are the three different vehicle models, which Chinese car maker Great Wall Motor Co and Bulgarian company Litex Motors wil...
Sofia
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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.
Business
Business
Bulgaria Registers Drop in Produce Prices
Prices of fruit and vegetables are falling with their wholesale price index going down to 1.035 points. The data was released by the State Commission for Commodity Exchan...
Economy
Russian Ambassador to Bulgaria: South Stream Will Be Ready 2015
The first natural gas will flow in the South Stream pipeline no later than end of 2015, stated Russian Ambassador to Bulgaria Yuriy Isakov. In an interview for the Bulgar...
Economy
10 Potential Bidders Eye Bulgaria's Bulgartabac
Ten companies, including four top-notch investors, have purchased public procurement documents for acquiring a majority stake in Bulgaria's cigarette maker Bulgartabac, t...
Economy
Bulgaria's Port Varna CEO Defends Giving Up Crucial Japanese Loan
Bulgaria's Cabinet has been right to seek to turn down a large-scale Japanese low-interest loan for the expansion of the largest Bulgarian sea port Varna, according to th...
Economy
3 Tobacco Giants Eye Bulgaria's Bulgartabac
Three top-notch investors have purchased public procurement documents for the bid to privatize Bulgaria's cigarette maker Bulgartabac. The news was reported by the Bulgar...
Economy
Russia Comes Up with New Ultimatum on Bulgaria's Belene NPP
If a contract on the construction of Belene, Bulgaria's second nuclear power plant, is not signed by July 1, the project will become useless, a Russian official has said....
Economy
Bulgaria Plans to Start Exporting Electricity to Turkey in July
Bulgaria and Turkey have agreed to speed up the construction of a gas grid interconnection between the two countries, Bulgarian Energy Minister Traicho Traikov said Thurs...
Economy
Bulgaria's Q1 2011 Exports to EU Up by 56.4% Y/Y
In the period January-March 2011, Bulgaria's exports to the EU increased by 56.4% compared to the same period a year earlier, totaling BGN 5.7 B, the National Statistical...
Business
Borisov, Boc to Open Factory of Bulgarian Firm Monbat in Romania
A EUR 13 M factory of Monbat Recycling, a subsidiary of Bulgarian company Monbat, in Romania will be inaugurated formally by the Prime Ministers of Bulgaria and Romania B...
Infrastructure
Bulgaria's Struma Highway to Feature Bear Bridges, Rabbit Fences
The future Struma Highway connecting Sofia to the border with Greece will be the first one in Bulgaria to feature special facilities for wild animals such as bears and ha...
Macroeconomic Data
Bulgarian Economy Grows 3.4% in Q1 y/y
The Bulgarian economy expanded by 3,4% in the first quarter of the year on an annual basis, revised data of the statistics office showed on Wednesday, well above the flas...
Business
Europa Capital Buys Bulgaria's Mall of Sofia
London private equity fund manager Europa Capital has bought the Bulgarian capital's Mall of Sofia or more than EUR 100 M. The sale generates a gain of more than EUR 20 M...
Business
Earnst & Young Rank Bulgaria 32nd in Renewable Energy Attractiveness
Bulgaria has been ranked among the most attractive countries in the world for investments in renewable energy projects, a report from the US auditing and consulting compa...
Business
Bulgaria's New Car Market Sees Tangible Recovery in 2011 H1, Q2
Bulgaria's sales of new cars grew by 21.3% in the first half of 2011 year-on-year, according to data of the Association of Car Importers. A total of 10 954 new vehicles w...
Business
Kyustendil Voted Top Spa Destination in Bulgaria
The western Bulgarian city of Kyustendil was voted "Most dynamically Developing SPA destination" at the second edition of the annual "Spa Nominations" ceremony. The event...
Investments
The US is going to be once again the biggest investor in Bulgaria in 2011
The US is going to be once again the biggest investor in Bulgaria in 2011 over continuous American trust in the country, according to US Ambassador in Sofia, James Warlic...
Business
Bulgarian PM Announces Political Seal of Nabucco Gas Line
The political agreement for the European Nabucco gas pipeline project is going to be signed Wednesday in Turkey. The announcement was made Tuesday by Bulgarian Prime Mini...
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