Politics
Burgas Mayor: We Don't Want Turkish NPP Near Border
The mayor of Bulgarian city of Burgas Dimitar Nikolov has spoken out against Turkish possible plans to build a NPP nearby the Bulgarian border on the Black Sea. Turkey is...
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.
Politics
Business
Bulgaria's Construction Sector to Return to Growth, 2.9% in 2011
After a substantial contraction for two years, Bulgaria's construction sector will start growing again in 2011, according to the "Bulgaria Infrastructure Report Q2 2011"...
Economy
2 Fuel Distributors in Bulgaria Fined over Cartel Probe
Bulgaria's anti-trust commission has fined two fuel distributors over their failure to cooperate in a probe into an alleged fuel price cartel that was launched amidst dri...
Economy
Buyer Pays in Full for Bulgaria's Obsolete Steel Mill
The Eltrade Company has wired to the Bulgarian Bank for Development, BBD, the amount of BGN 284 399 500 for the purchase of the bankrupt Kremikovtzi steel mill, located n...
Investments
Accor, MHQ Partner in New Hotel, Office Complex in Bulgaria's Sofia
Accor, a leading global hotel operator and market leader in Europe, has started a new project in Bulgaria in partnership with the Bulgarian investment company MHQ. Accor'...
Business
Dilma Rousseff's Gabrovo Bulgaria's Best City for Doing Business
Gabrovo, located in the north-central part of the country, is Bulgaria's best city for doing business, showed a ranking compiled by the Sofia-based Institute for Market E...
Infrastructure
Sofia City Hall Launches Bicycle Path in Mladost District
Sofia will soon have a brand-new bicycle path, connecting the "Mladost 4" district with the last metro stop in "Mladost 1," the Mayor of Sofia, Yordanka Fandakova, announ...
Economy
Bulgaria Earned BGN 17 M from Port, Airport Concessions in 2009
Bulgaria's state budget made almost BGN 16.8 M from the concessions of port and airport terminals in 2009, according to final reports of Bulgarian institutions, the gover...
Business
Bulgaria Sees More Foreign Tourists Already, High Hopes for Summer
The number of foreign tourists who visited Bulgaria in the first two months of 2011 grew by 6%, year-on-year, a senior official announced at the opening of the Cultural T...
Business
Bulgaria Moves Up in Global IT Development Ranking
Bulgaria has moved three spots ahead in the global information technology report of the World Economic Forum, and is now ranked 68th out of 138 countries. In last year's...
Economy
Bulgaria, Areva Sign Cooperation Memorandum
The Bulgarian Energy Holding (BEH) and the Areva company signed a cooperation memorandum covering crucial spheres of the country's energy sector on Wednesday. Bulgaria ma...
Financial
Bulgarian Govt Plans to Bring Deficit Down to 0.5% by 2014
Bulgaria's Cabinet has approved its budget forecast for 2012-2014 which stipulates a gradual reduction of the budget deficit while ruling out tax increases. According to...
Business
Properties Residential Property Prices in Sofia Down by 10% Q1
The residential property deals in the Bulgarian capital Sofia have witnessed price falls of 10% in the first quarter of this year in line with the general steep contracti...
Business
Bulgaria's Solarpro to Reach Out to Chinese Market
The Bulgarian Solarpro company has received a EUR 1 M order from the Hungarian Green Solar Equipment Manufacturing for the delivery of laser equipment used for the produc...
Economy
HSBC Gets EUR 2.7 M Consulting Contract for Bulgaria's Belene NPP - Report
The Bulgarian government has signed a consulting contract with UK-based company HSBC for the financial analysis for the project for the construction of the Belene nuclear...
Business
Bulgaria's New Car Market Starts to Crawl Up 2011 Q1
The market of new cars in Bulgaria has registered a modest but nonetheless tangible year-on-year growth in the first quarter of 2011. A total of 4 638 new cars were sold...
Financial
IMF Outlook: Bulgarian Economy to Grow 3% in 2011
Bulgaria's economy will grow 3% in 2011, according to the biennial World Economic Outlook report released by the International Monetary Fund Monday. Thus, the IMF forecas...
German Ambassador Optimistic about Bulgarian Tourism
German Ambassador to Sofia, Matthias Hopfner, voiced Monday strong optimism about the number of his fellow countrymen visiting Bulgaria for vacation and leisure. "I belie...
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