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...
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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
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...
Economy
Bulgaria's Exports to Non-EU Countries Grow by 65.5% y/y Jan-Feb 2011
In the period January - February 2011, Bulgaria's exports to non-EU countries increased by 65.5% year on year and amounted to BGN 2.4 B. The data was released by the Nati...
Economy
Bulgaria's Sees 71.4% y/y Growth in EU Exports January 2011
Bulgaria's exports to the rest of the EU increased by 71,4% year on year in January 2011 reaching the amount of BGN 1,8 B. The data was released by the National Statistic...
Business
Largest Bulgarian Dailies Officially with New Owners
Bulgaria's Business Registry Agency has registered 83% of the wide-circulation dailies "Trud" (Labor) and 24 Chasa (24 Hours) as property of Ognyan Donev and Lyubomir Pav...
Economy
Bulgaria’s Industrial Production Up by 15% y/y February 2011
Bulgaria's working day adjusted Industrial Production Index rose by 15.2% year on year February 2011, according to preliminary data by the country National Statistical In...
Turkey to Build Its 3rd Nuclear Power Plant on Bulgarian Border
Turkey plans to construct a nuclear power plant right on the Bulgarian border in the region of Eastern Thrace, virtually on the Black Sea coast. The site of what is plann...
Economy
Carrefour to Open 6th Hypermarket in Bulgaria
French international hypermarket chain Carrefour has announced plans to open a sixth hypermarket in Bulgaria - in the southern city of Stara Zagora. Carrefour's first Bul...
Financial
Moody's Reviews Bulgaria Ratings For Possible Upgrade
Moody's Investors Service said on Tuesday it has placed Bulgaria's Baa3 government rating on review for possible upgrade, reflecting its healthy government finances and o...
Economy
Largest Bulgarian Mine with Record Coal Production Q1
The Maritza Iztok Mine in southern Bulgaria has scored 2011 its greatest yield for the first quarter of the year since 1997. For March 2011 miners at Maritza Iztok excava...
Infrastructure
Bulgaria Launches Mass Transport Hubs Concessions
The airport in the Bulgarian capital Sofia is going to be offered on concession, according to Deputy Transport Minister, Kamen Kichev. The Ministry is still mulling two o...
Investments
Gas de France May Invest EUR 100 M in Bulgarian Biomass
The French energy giant Gas de France Suez considers investing EUR 100 M in Bulgarian biomass plants, the country's Agriculture Minister Miroslav Naydenov announced Monda...
Business
Bulgarian Pharmaceutical Giant Sopharma with Record Profit
Bulgaria's largest pharmaceutical company Sopharma has registered its highest profit in 11 years. In 2010, Sopharma AD had a profit of BGN 40.5 M, according to newly rele...
Economy
Bulgarian Holding Chimimport Registers Highest Annual Profit Ever
Chimimport AD, a Bulgarian holding with over 50 subsidiaries, has registered a record profit for entire history. Chimimport's 2010 profit amounted to BGN 91.8 M, a 1.5% i...
Investments
First UK Electric Cars to Be Assembled in Bulgaria in 2011
UK electric car company Zero Carbon 2020 will produce the first cars from a new assembly line in Bulgaria in the second or third quarter of 2011. The assembly line will b...
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