Business
Bulgaria Introduces Flat 9% VAT in Tourism April 2011
Bulgaria will introduce a flat 9% value-added tax (VAT) in the tourism sector as of the beginning of April next year under amendments that parliament adopted at second re...
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Business News from Bulgaria
Bulgarian Business News: Business stories for investors from InvestBulgaria, with an archive going back to 2010.
Business
Business
Towercom Bulgaria Contracts Thomson in New DTT Deal
Towercom Bulgaria, which has been licensed to roll out a digital terrestrial TV network across the country, has selected Thomson Broadcast as a strategic partner, the two...
Business
German Retailer Lidl Opens First Bulgarian Outlets Nov 25
German discount retailer Lidl announced it will open its first stores in Bulgaria on November 25 2010, a move that will heat up further the competition in the sector. The...
Business
Outsourcing Forum Indicates Bulgaria Can Be 'Silicon Valley' of Black Sea Region
Bulgaria has the potential to become a sort of a "Silicon Valley" of the Black Sea, according to participants in a conference on outsourcing and off-shoring, organized by...
Business
Bulgaria's Sofiyska Voda Sale to French Veolia Wrapped Up
The deal for the sale of several European water supply and treatment businesses from United Utilities, including Bulgaria's Sofijska Voda, to France's Veolia Environnemen...
Business
Bulgaria's Sofia Tops Real Estate Prices Drop in Europe
Sofia is the capital with the biggest drop of real estate prices in Central and Eastern Europe for 2009, according to analysis of the consultant company ERA Europe. Compa...
Business
Bulgaria's Outsourcing Market Number 1 in Europe
The outsourcing market in Bulgaria is currently estimated at EUR 100 M to EUR 150 M a year, but has the potential to go up over 10 times, according to Economy and Energy...
Business
Snail Breeding Turns Profitable in Bulgaria
The price of healing ingredients from snails is 26 times higher than the one of rose oil, and has turned snail breeding in Bulgaria into a profitable business. The inform...
Business
Stephen George International Opens Office in Sofia
UK urban design and architecture company Stephen George International will open an office in Bulgaria's Sofia, which will serve as its center for the Balkans and Eastern...
Business
Melrose Resources Begins Work on Bulgarian Gas Deposits
British oil and gas explorer Melrose Resources is starting work at its Bulgarian deposits Kaliakra and Kavarna on Thursday, the Bulgarian Economy Ministry has announced....
Business
Bulgaria's Capital to Open Giant Shopping Malls in 2-3 Years
Bulgaria's capital will have even larger shopping centers than the malls opened in 2010 but those will not be inaugurated until two years from now, a report says. The nex...
Business
Bulgaria Solid at 51st Spot in Global 'Doing Business' Index
Bulgaria is ranked 51st among 183 countries in the Doing Business 2011 report, compiled by the International Finance Corp (IFC), the World Bank's private-sector lender. A...
Business
German Companies Said to Prefer Bulgaria, Cyprus to Seychelles, Panama
Hikes in taxes and social contributions have helped prompt an increasing number of German companies to move base to Bulgaria, where lower taxes and EU regulations make it...
Business
Ryanair Celebrates New Route to Bulgaria with All-In Low Fares
The world's largest low-cost airline, Irish company Ryanair, has released 1 million GBP 6 seats to celebrate the recent launch of a new route from London Stansted to the...
Business
Luc Aphand to Open Ski Season in Bulgaria's BanskoLuc Aphand to Open Ski Season in Bulgaria's Bansko
Top French alpine skier Luc Alphand will be the one to open the new ski season in the largest Bulgarian mountain resort Bansko. Alphand is the only person to have won the...
Business
Equest Sells Sofia Cinema Site Urvich to Bulgarian Realtor
Trans Balkan Investments Limited, known until recently as Equest Investments Balkans Limited, announced it has signed a preliminary agreement for the sale of Urvich, the...
Business
Bulgaria Liberalizes Postal Services Market
Amendments in the Postal Services Bill, effective January 1, 2011, eliminate the monopoly of the Bulgarian Posts on small parcels – less than 50grams. The cabinet approve...
Business
Bulgaria's Plovdiv Airport Welcomes First London Flight
The world's largest low-cost airline, the Irish company Ryanair, launches on Tuesday a new route from London Stansted to the Bulgarian city of Plovdiv. "Plovdiv is Bulgar...
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