Economy
Sofia City Hall Overhauls Entire Trolleybus Park
The trolleybus park in the Bulgarian capital Sofia will be replaced nearly 100% in the next year to year and a half. Thirty new trolleys have been purchased with EU fundi...
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.
Economy
Infrastructure
Sofia Revamps Public Transport over Launch of 2nd Metro Line
Sofia Municipality is taking a number of measures to revamp the public city transport in order to make a better use of the second line of the Sofia Metro that is to be la...
Financial
Bulgaria to Shift Budget Focus from Security to Education - Finance Minister
Bulgaria's government has been giving too much money for the security sector, and too little for, and that is bound to change in 2012, Finance Minister Simeon Djankov has...
Economy
Bulgarian Govt Makes BGN 12 M by Privatizing Construction Firm
Bulgaria's government is selling "Industrial Construction Holding", a state company, to a local private investor for BGN 12.01 M, the Privatization Agency announced. The...
Financial
Bulgaria Gets Deplorable Amount of FDI in H1 2011
Bulgaria attracted a total of only EUR 7.9 M in foreign direct investment in the first six months of 2011, according to latest data from the Bulgarian National Bank. Comp...
Bulgaria's Balchik Palace Turns Attractive Wedding Spot
The Balchik palace complex in the northern Black Sea coast of Bulgaria is marking during summer 2011 a peak of weddings of couples from all over the world. Over 30 couple...
Economy
Bulgaria's Ruse Shipyard Builds Ship in Record Time
The shipyard in Bulgarian Danube city of Ruse built a sea-faring ship for 3.5 months instead of the usual 12-month period. Monday the newly built 8,000 tonne deadweight,...
Economy
Bulgarian Capital Plans Industry Park Near Dead Steel Giant - Report
Bulgarian capital Sofia is planning to allot some 38 acres nearby defunct steel plant Kremikovtzi for the creation of a new industrial park, according to a publication by...
Economy
Bulgarian PM Wants to Clean Sewage with New Legislation
Bulgarian towns are not stimulated enough to build facilities to clean sewage, which is a serious drawback, stated Bulgarian PM Boyko Borisov in Varna Sunday. "For some 2...
Business
Bulgaria's 2011 Tourist Season Shapes to Be Best in Decade
Bulgaria's 2011 summer tourist season will most likely end up being the most successful in terms of revenues in the past ten years, various data indicates. The Institute...
Bulgarian Resort Shines Brighter than Mallorca for Germans
Bulgaria's largest summer resort Sunny Beach, which has recently made headlines with binging sprees, alcohol-related accidents, crime and prostitution, has ousted Mallorc...
Real Estate
Bulgaria Back to Top 10 Best Places for British Buyers
Bulgaria has partly regained its popularity among overseas buyers, breaking back into the top ten most preferred real estate markets for Britons, according to a UK guide...
Investments
Melia Takes Over New Hotel in Bulgaria's Nessebar
Melia Hotels International has signed a contract to manage a new hotel in Bulgaria's top Black Sea resort Nessebar. The Spanish-owned chain formerly known as Sol Melia is...
Economy
Bulgaria's 2011 Wheat Production Surpasses Expectations
Bulgaria's agriculture sector has achieved a higher wheat yield in 2011 than was originally expected, according to Agriculture Ministry data. As the harvesting campaign a...
Economy
Bulgaria Registers Zero Inflation in July 2011
Bulgaria has registered a 0.0% monthly inflation rate in July 2011, according to the National Statistical Institute (NSI). The consumer price index (CPI) in July 2011 com...
Economy
Lukoil Reduces Retail Fuel Prices in Bulgaria
Lukoil has reduced retail fuel prices at its filling station chain in Bulgaria. As of August 12, gasoline A95H costs BGN 2.41 per liter, gasoline A98H sells for BGN 2.57...
Economy
Contract Gives Start to Bulgaria-Greece Gas Interconnection
A contract signed Thursday has become a "decisive" first step for the construction of the natural gas grid interconnection between Bulgaria and Greece, the Bulgarian Ener...
Business
Bulgaria Anti-Trust Watchdog to Probe Print Media Market
Bulgaria's anti-trust commission will launch a probe into a possible newspaper monopoly, the first of its kind in the country. The news comes shortly after the purchase o...
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