Economy
Moody's Rates Bulgaria with Positive Outlook
. File photo Bulgaria is the only country in Europe and Middle Asia with a positive outlook of sovereign credit rating, Moody's rating agency has announced. Moody's Inves...
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
Economy
Bulgaria Ups Renewable Energy Production
Bulgaria’s energy production from renewable sources by the end of 2010 will be 3 times more than the one in 2009, according to Plamen Dechev from the State Commission for...
Infrastructure
Danube Bridge to Be Completely Finished by 2012
Danube Bridge II is a key element of a European transport corridor connecting the German city of Dresden with Istanbul in Turkey.
Economy
Three buyers bid for a plot in the Dobrudja region
The demand for land in the Dobrich region considerably exceeds selling offers this summer but the reason is not only the relatively high price of wheat, the Regional Asso...
The Ministry of Regional Development and Public Works pays BGN 208 mln to construction companies
The Ministry of Regional Development and Public Works paid off the amount of BGN 208 mln out of a total of BGN 285 mln which it owes to construction companies for assigne...
Investments
Toshiba to Build Solar Power Plant in Bulgaria
The Japanese company Toshiba is planning to invest in construction of solar power plants in the USA and countries in Europe, including Bulgaria. The company has annouocne...
Financial
Bulgaria's Default Bank Loans Hit 16%
The default bank loans in Bulgaria have reached 16% by the end of July, according to data from Bulgaria’s Central Bank, BNB. The total amount of the so-called bad loans i...
Business
Eurostat: Bulgaria's June Industrial Orders Up 25% Y/Y
In June 2010 compared with May 2010, the EU industrial new orders index rose by 2,4%, according to estimates released by Eurostat, the statistical office of the European...
Economy
Construction in Bulgaria Shows Signs of Recovery
Construction permits issued in Bulgaria in the second quarter of 2010 are up compared to the first quarter, but down on annual basis. The data was published by the Nation...
Investments
Belgium Company Invests EUR 15 M in Bulgarian Biofuels Plant
The construction of a new plant for the production of biofuels will begin by the end of 2010 in Bulgaria's southern city of Kardzhali. The information was provided by Yve...
Investments
Major Wind Power Investment Looming for Northeastern Bulgaria
The German-Bulgarian company SRS Bulgaria will invest close to BGN 500 M to create a wind power park nearby the town of General Toshevo in northeastern Bulgaria. The inve...
Financial
Ministry of Finance: Fitch Optimistic about Bulgaria
Fitch confirmed its credit rating for Bulgaria and characterized the situation in the country as “stable”, announced the Bulgarian Ministry of Finance Thursday. Fitch Rat...
Investments
The district of Studentski Grad to be built up with 20-storey buildings
"Two buildings of 17 and 24 floors could be built in front of the Bonsist hall close to the University for National and World Economy," said yesterday Architect Boriana S...
Real Estate
Sofia Europe's Costliest Capital for Residential Property
Sofia, Bucharest and Warsaw are the three most expensive capitals in Europe when measured by the ratio of how much the average resident earns versus the cost of housing,...
Investments
Melrose Resources opens new fields in Bulgaria
The opening of new fields in Bulgaria will boost production by 7,500 barrels of oil equivalent per day, Melrose Resources said, as interim pre-tax profits at the Edinburg...
Sofia City Hall Overhauls Entire Trolleybus Park
Sofia City Hall Overhauls Entire Trolleybus Park
Investments
CEZ Invests in Bulgarian Mountain Resort Ribaritsa
Czech electric power utility CEZ announced a BGN 0.5 M investment in infrastructure in the resort village Ribaritsa in the Stara Planina mountains in central Bulgaria. Ri...
Macroeconomic Data
Inflation in Bulgaria Up 0.4% in July 2010 M/M
Bulgaria registered once again an inflation of 0.4% on monthly basis in July, after a relatively short period of stability, data published Thursday by the National Statis...
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