Macroeconomic Data
Bulgaria's Unemployment Rate Drops to 11% May 2012
Bulgaria's unemployment rate dropped to 11% in May 2012 from 11.4% the previous month, according to the country's Employment Agency. Bulgaria's employment offices listed...
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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.
Macroeconomic Data
Infrastructure
Bulgarian Capital with New Modern Beltway Section
A new repaired and modernized section of the beltway of Bulgaria's capital Sofia is opening for traffic Wednesday. The section is on the southern loop from the Mladost di...
Infrastructure
Infrastructure at 2nd Bulgaria-Romania Danube Bridge 90% Completed
The second bridge linking Bulgaria and Romania across the Danube has been completed at 81%, the Spanish construction firm FCC announced Monday. The adjacent infrastructur...
Investments
Luxury BMW Seats to Be Produced in Bulgaria
South Africa company ALC will open a production facility Tuesday for luxury seats and interior for BMW cars in the village of Musachevo near the town of Elin Pelin, just...
Infrastructure
Bulgaria's Railway Freight Services Formally on Privatization Table
Bulgaria's Agency for Privatization and Post-Privatization Control has formally declared the cargo department of the Bulgarian State Railways (BDZ) for sale. The privatiz...
Investments
Bulgarian BMW Seats Plant to Boast EUR 30 M Output by 2013
Bulgarian Prime Minister Boyko Borisov, Energy and Economy Minister Delyan Dobrev and Sheila Camerer, Ambassador of the Republic of South Africa to Bulgaria, opened Tuesd...
Economy
Number of Belarusian Tourists in Bulgaria Doubles in May-June
The number of Belarusian tourists in Bulgaria has doubled in May-June 2012 year-on-year, the Bulgarian Foreign Ministry announced. According to the Ministry, in May and e...
Economy
Bulgaria's State-Owned Gas Company Seeks 16% Price Hike from July
State-owned gas supplier Bulgargaz has requested a 15.73% price increase from July 1, according to a media statement published on the company's website on Monday. Bulgarg...
Financial
Bulgaria's FinMin to Join World Bank Knowledge Council
Bulgaria's Deputy Prime Minister and Minister of Finance Simeon Djankov has been invited to join the World Bank Knowledge Advisory Council, the press service of the Finan...
Macroeconomic Data
Bulgaria's Exports to EU See 4.6% Drop Y/Y Q1 2012
Bulgaria's exports to other EU countries decreased by 4.6% year on year in the first quarter of 2012, amounting to BGN 5,4 B (approximately EUR 2,8 B), according to preli...
Infrastructure
Sofia Airport to Launch New Cargo Flight
Sofia Airport will launch a new cargo service in May, operating the Sofia-Belgrade-Prague route. Czech Airlines will run the cargo flights twice weekly, on Wednesday and...
Macroeconomic Data
Bulgaria's Non-EU Exports Drop by 2% Y/Y Jan-Apr 2012
Bulgaria's exports to non-EU countries decreased by 2.0% year on year in the period January-April 2012, according to preliminary data released by the country's National S...
Sports
Bulgarian Swimmer Petar Stoychev Earns Olympic Berth
Bulgaria's best swimmer Petar Stoychev earned a berth to London 2012 with a bronze medal finish Sunday in the men's 10-kilometre race at the FINA Olympic Marathon Swimmin...
Macroeconomic Data
Bulgaria Registers Negative May 2012 Inflation
The consumer price index (CPI) in Bulgaria in May 2012, compared to April 2012, was 99.9%, i.e. the monthly inflation was -0.1%. The data was reported Tuesday by the Bulg...
Economy
Bulgaria's Largest Beach Resort Opens for 'Optimistic' Season
Bulgaria expects a 5% to 8% increase of foreign tourists during summer season 2012, according to the Minister of Economy, Energy and Tourism, Delyan Dobrev. Dobrev attend...
Financial
Bulgarian FinMin to Reward Fiscally Stable Municipalities
Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, has promised additional funding from Budget 2013 for municipalities with a stable fiscal state. The...
Infrastructure
Bulgaria Rehabilitates 35% of Plovdiv-Burgas Railway
Bulgaria has completed the rehabilitation of its key southern railway linking the cities of Plovdiv and Burgas at about 35%, the Transport Ministry announced Friday night...
Infrastructure
Bulgaria's Sofia to Complete 1st Overpass in July 2012
Bulgaria's capital Sofia will have its first operational overpass road junction in July 2012, Sofia Mayor Yordanka Fandakova promised. The Sofia Municipality has launched...
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