Business
BMI: Rents in Bulgaria Track Sideways
Rental levels in Bulgaria have tracked sideways in mid-2010 as the impact of softness in demand had been offset by the effect of restricted new supply, according to globa...
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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
Investments
Greece's Bluehouse to Ink EUR 27 M Deal in Bulgaria
Greek investment fund Bluehouse Capital is to acquire four properties of Sofia-based ERG Capital 1 and ERG Capital 2 REITs in a EUR 27 M deal, according to media reports....
Economy
Bulgaria to Get BGN 41 M Dividend from Power Utility CEZ
The Bulgarian government is going to receive a dividend of BGN 41 M from the Czech-owned power utility CEZ Bulgaria. This has become clear Monday after a meeting of Bulga...
Infrastructure
Bulgarian City Wants Direct Link to Sofia Metro
The administration of the western Bulgarian city of Pernik has renewed its initiative for a connection to subway of the Bulgarian capital Sofia. On Monday, the Deputy Dis...
Macroeconomic Data
Bulgaria's Unemployment Down to 9.14% in August
In August 2010, Bulgaria had an unemployment rate of 9.14%, announced Labor Minister Totyu Mladenov. The Minister pointed out on Sunday that after the Bulgarian unemploym...
Business
Italy's Enel to Sell Bulgarian Power Plant in Fall 2010
CEO of Enel SpA, Fulvio Conti, has said the Italian company will sell its stake in Bulgaria's Maritsa East 3 power plant in the fall of 2010. Conti has made it clear, as...
Economy
Bulgaria's Sopot with 'Ultra Modern' Water Purification Station
Bulgaria's Boyko Borisov opened a much-advertised station for purification of waste waters near the central town of Sopot. BGN 18 M were invested in the new facility, wit...
Infrastructure
Bulgarian PM Vows to Build 7 Highways in 2 Terms
Bulgaria's Prime Minister Boyko Borisov formally launched the construction of the last section of the Trakiya Highway, the first highway to run from Sofia to the Black Se...
Financial
Bulgaria’s mutual funds assets clear BGN 600m mark
For the first time since end-2009, Bulgarian mutual funds experienced pick-up in the volume of managed assets, posting a 4% rise to BGN 618 million in August. The figure...
Investments
Greece’s Bluehouse snaps up ERG Capital portfolios
Bluehouse Capital, the Greek private equity real estate investment management firm with a focus in the property markets of South East Europe, is the investor that will pa...
Business
UK JKX Spuds Bulgarian Wells
Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, began on Thursday a two-well drill program in the country to test targets with an estimated r...
Investments
Part of the local taxes could be invested in the resorts
Part of the deductions of the business sector for local taxes should be granted for investments in the Bulgarian resorts - this is one of the proposals for amendments to...
Investments
Over BGN 2m EU projects to get first-class investor status
EU-financed projects worth more than BGN 2 million should be considered first-class investments, a move that would double the speed of administrative servicing, according...
Financial
Bulgaria: No Need for IMF Bailout Talks by 2012
Bulgaria's finance minister has assured that the country will have no need to hold talks with the International Monetary Fund over a bailout loan for its ailing economy i...
Economy
Brussels Upbeat Economic Forecast Cheers Bulgaria
The European Commission has expressed optimism about the potential of Bulgaria's economy to rebound as officials figures confirmed that the eurozone economy grew by 1% be...
Infrastructure
Bulgaria Gives Go-Ahead to Trakiya Highway Last Section
Bulgaria's prime minister will launch the construction works of the last section of Trakiya highway, linking the city of Yambol and the town of Karnobat, with a groundbre...
Financial
ERG Capital funds stir up action on Bulgarian bourse
The first day of September spurred drowsy investors on the Bulgarian Stock Exchange (BSE) into action with a bunch of exciting corporate news. ERG Capital 1 and ERG Capit...
Investments
Western Bulgaria and the energy sector are most attractive for investments
Western Bulgaria and the energy sector are most attractive for investments, shows an analysis of InvestNet.bg – the Bulgarian investment and business network. Information...
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