Economy
Sofia Tops Cheapest European Travel Destinations Chart
Sofia has topped the chart for cheapest European destinations, which includes 40 cities, according to the travel website priceoftravel.com. Deutsche Welle has reported th...
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
SES Astra Enters Bulgarian Market
SES Astra, a Direct-to-Home (DTH) satellite system in Europe, is expanding into central and eastern Europe, and plans to enter into a new growth market, Bulgaria, in days...
Business
Bulgarian PM Breaks Ground of New Road
Bulgarian Prime Minister, Boyko Borisov, and Regional Minister, Rosen Plevneliev, are breaking Sunday the ground of the road junction Burgas - Sozopol and of the road Bur...
Business
Bulgarian Developer Unveils New Optical Character Recognition Application
SmartSoft, a Varna-based Bulgarian developer, has announced the launch of its new optical character recognition software called SmartOCR. In a company statement, SmartSof...
Business
Bulgaria's M-Tel Wraps Up Purchase of 2 Major ISPs
Bulgaria's first and biggest mobile operator M-Tel has wrapped up the deal for the acquisition of cable operators Megalan Network and Spectrum Net, it said in a statement...
Business
China Said to Eye New Unit at Bulgaria's Kozloduy N-Plant
China's National Nuclear Corporation has reportedly voiced interest in the building of a seventh unit at Bulgaria's Kozloduy nuclear power plant, the closure of which was...
Business
Bulgarian Parliament Gives Final Approval of Food Safety Agency
The creation of Bulgarian Food Safety Agency (BFSA) was adopted at second reading by the Parliament on Thursday. The agency will start functioning as soon as the text is...
Business
'Days of Bulgarian Business' to Promote Bulgarian Foods in Jordan's Amman
Bulgaria's Ministry of Agriculture and Foods will organize the "Days of Bulgarian Business" in Jordan. The business forum and expo focused on trade in agricultural produc...
Business
Germany to Build 30 Wind Generators in Bulgaria
A German company will build a wind generator park consisting of 30 wind turbines near the Southwestern Bulgarian town of Straldzha. Mitko Andonov, Mayor of the Straldzha...
Business
Moody's: Bulgaria's Banking System Stable, with Strong Competition
The Bulgarian banking system is concentrated, with most of the system's assets owned by large Western European institutions with a strong presence in South Eastern Europe...
Business
Nearly 1 in 4 Offices in Bulgaria's Sofia Vacant
Every fourth office in Bulgaria's capital Sofia is vacant, according to MBL yearly office market report. In 2010, the overall vacancy rate in class A and class B office b...
Business
Bulgaria Up to 60th in Economic Freedom
Bulgaria has moved up to the 60th position in the 2011 Economic Freedom Index compiled by the Heritage Foundation and the Wall Street Journal. The Balkan country is one p...
Business
Bulgaria's 2010 Budget Deficit Better Than Expected, Still Above 3%
Bulgaria registered a budget deficit of 3.9% in 2010 instead of the forecast 4.8%, according to preliminary data released Wednesday by the Finance Ministry. According to...
Business
Bulgaria's Inflation Rate Down to 4.5% in Dec y/y
Bulgarian consumer price inflation marked a slight decrease for the first time in 16 months to 4.5% in December on an annual basis from 4.6% in November, data of the Nati...
Business
EIU: Bulgaria Economy to Grow by 3.8% in 2011-15
Bulgaria's real GDP, which contracted in 2009 and grew by an estimated 0.1% in 2010, is forecast to expand with an annual average growth of around 3.8% in 2011-15, accord...
Business
Bulgaria Plans to Raise BGN 1 B from Govt Bonds in 2011 - Official
Bulgaria plans to sell government bonds worth BGN 1 B, down from the 2010 debt issue of BGN 1.5 B in total, as the Cabinet is seeing the Bulgarian economy return to growt...
Business
Ex Czech Ambassador Takes Over CEZ Bulgaria
The Czech-owned power utility CEZ, which services western Bulgaria, officially introduced their new Regional Manager – former Czech Ambassador to Sofia, Petr Dokladal. Do...
Business
Swedish Company to Relocate Production to Bulgaria
The Swedish company Atlas Corpco is considering a plan to relocate production of light compaction equipment from Ljungby, Sweden, to the Bulgarian town of Ruse. "The cons...
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