Economy
Bulgaria's Export to EU Up by 17% in 2010 H1
Bulgaria's export to the other EU member states registered a substantial growth in the first half of 2010. In January-June, it grew by 17.4% reaching BGN 8 B. At the same...
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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.
Economy
Investments
UK Fund Set to Open Electric Car Plant in Bulgaria by 2011
UK investment fund Quorus Ventures will open Bulgaria's first factory for electric cars by the end of 2010. This has been announced by Encho Enev, a Bulgarian consultant...
Business
14 Bulgarian Companies Make It to Deloitte CEE Top 500 List
The Bulgarian refinery of Russian oil company Lukoil has come in 47th on the list of 500 largest companies from Central Europe compiled by auditing firm Deloitte. Lukoil...
Economy
WEF: Bulgaria Rises to Spot 70 in Competitiveness List
Bulgaria's competitiveness slightly improved from last year but continues to lag behind most Central and Eastern European countries and EU member states, an annual rankin...
Investments
Luzhkov Opens Moscow-Owned Resort on Bulgarian Sea Coast
Mayor of Moscow Yury Luzhkov and Bulgarian Prime Minister Boyko Borisov have foramlly inaugurated a resort complex on the Bulgarian Black Sea coast owned by the Russian c...
Investments
International Investment Bank Eyes Bulgaria
The International Investment Bank, formed as an initiative of the Soviet Union in 1970, has started to actively invest in the countries of the former Eastern Bloc, includ...
Investments
Transneft offers to finance the Burgas-Alexandroupolis project
The Russian company Transneft, which is the majority shareholder in the Burgas-Alexandroupolis project, has offered to take on the entire funding for the construction of...
Heads of the largest family companies to arrive in Sofia
In late November, the owners of one of the biggest family companies in the world, including Bonnier Group, Lombard Odier, IMD Group, will arrive in Bulgaria. The reason f...
Financial
UDF demands the introduction of a fiscal board in Bulgaria
UDF (Union of Democratic Forces) will propose a fiscal board to be introduced in Bulgaria, stated yesterday UDF Chairman Martin Dimitrov after a meeting of the National E...
Economy
Financial Appraisal Deal Brings Nabucco Closer to Securing Funding
The shareholders and project company of Nabucco have singed a mandate letter with three international financial institutions for the appraisal of the future natural gas t...
Economy
Bulgaria to Up Some Taxes to Boost 2011 Revenue
The Bulgarian Ministry of Finance has published proposals for adjustments in the tax system in a bid to increase revenue for the 2011 state budget. The proposals, posted...
Economy
Bulgaria, Romania Mull Joint Hydropower, Nabucco Efforts
Bulgarian and Romanian government representatives met in Bucharest and reached agreements on a number of joint energy pursuits, reported Mediafax.ro quoting the Romanian...
Investments
Bulgarian Minister Woos German Investors in Berlin
Bulgaria's Regional Development Minister Rosen Plevneliev is presenting investment opportunities at a forum in Berlin on Tuesday. The "economic dialogue" forum "Bulgaria-...
Business
Bulgarian Scientific Institute Praised for managing to sell its high-level discoveries
The Varna-based Bulgarian Ship Hydrodynamics Center (BSHC) has been praised by a Bulgarian minister for managing to sell its high-level discoveries. Bulgarian Minister in...
Financial
Bulgarian Government Vows to Obliterate Budget Deficit by 2013
Bulgaria will have a budget deficit of 2.5% in 2011, and will bring it under 1% in 2013, according to Deputy Finance Minister Vladislav Goranov. Speaking at a public disc...
Investments
Russian Investment Funds Eye Bulgarian SPA Centers
Russian Investment funds show increased and growing interest in Bulgarian SPA centers both on the Black Sea coast and inside the country. The information was reported by...
Business
A total of BGN 3 mln will be allocated for furthering business contacts of SMEs
The Executive Agency for Promotion of Small and Medium-sized Enterprises (EAPSMEs) will allocate more than BGN 3 mln to organize business missions by 2012. The aim is to...
Financial
The three largest Bulgarian banks to sell 'used-up' assets worth BGN 32.4 mln
The three biggest Bulgarian banks have put up for public sale seized real estates worth BGN 32,449 mln, shows an inspection of Klassa on the websites of the leading finan...
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