Business
Italy's Enel to Sell Bulgarian Power Plant in Fall 2010
CEO of Enel SpA, Fulvio Conti, has said the Italian company will sell its stake in Bulgaria's Maritsa East 3 power plant in the fall of 2010. Conti has made it clear, as...
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Business News from Bulgaria
Bulgarian Business News: Business stories for investors from InvestBulgaria, with an archive going back to 2010.
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Business
UK JKX Spuds Bulgarian Wells
Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, began on Thursday a two-well drill program in the country to test targets with an estimated r...
Business
Reserve greenhouse gas quotas to be awarded to Brikel TPP. Hristo Kovachki has committed himself to investing ?38 mln in new FGD plants
Bulgaria will inquire with the European Commission whether it would be possible to provide free quotas of greenhouse gas emissions from the State reserve for new market e...
Business
GDF Suez gears for sale of Bulgarian electricity in region
The Romanian unit of energy company GDF Suez has submitted an application for a licence to enter the Bulgarian power market, the State Energy and Water Regulatory Commiss...
Business
Bulgaria's Key Chimimport Group Marks Marginal Up in Profits
The Bulgarian Chimimport Holding group has registered a 3% growth in net profits for the first half of 2010 notwithstanding greatly decreased revenue for the period. Chim...
Business
Bulgaria Office Purchase Costs as Much as Lease
There is no difference in the expenses made for buying an office by a mortgage in Bulgaria and leasing it, according to non-banking financial institution Creditex, part o...
Business
Trace Group Books BGN 3.4 Million Profit
Bulgarian construction company Trace Group Hold unveiled double turnover and a profit of BGN 3.4 million for the first six months of the year, turning from a year-ago los...
Business
Bulgarian Tobacco Company Registers Huge Profit Increase
Bulgartabac, Bulgaria's state tobacco company, has registered a 165.93% increase in net profit for the first half of 2010 in comparison with the same period last year. Bu...
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...
Business
NAVIBULGAR to Build 6 Ships in Bulgaria's Varna
The Navigation Maritime Bulgare company (NAVIBULGAR) is planning to construct at least 6 ships in the ship building yard of MTG-Dolphin PLC in the Bulgarian Black Sea cit...
Business
Bulgarian Giant Sopharma's Export Grows by 40% in 2010 H1
The export of Bulgaria's largest pharmaceutical company Sopharma has seen a substantial growth of 38% in the first half of 2010. Only in June 2010, the company's exports...
Business
Knauf Launches Plasterboard Plant in Bulgaria
Knauf, the German supplier of construction materials, announced it has put into operation what is claimed to be the most up-to-date plasterboard plant in Bulgaria, locate...
Business
Bulgarian Plant Gets EUR 2 M Deal with Chinese Car Parts Maker
Chinese car parts manufacturer KSM Dongfang is going to purchase machines and equipment for EUR 1.8 M from the Ilinden factory located in Bulgaria’s Pleven. The deal betw...
Business
Bulgaria Succeeds in Signing Up China for Joint Industrial Zone
Bulgaria has managed to generate interest with Chinese companies and authorities for the setting up of a joint large-scale industrial zone at Bozhurishte near its capital...
Business
Bulgaria's 1st Electric Light Truck Unveiled in Sofia
Bulgarian producer of electric and LPG forklifts Di-Ven Ltd has presented the first Bulgarian electric light truck. Di-Ven Ltd, which is stationed in the Danube town of L...
Business
Bulgaria Economy Grows 2.5% in Q1 y/y
Driven by strong exports, the Bulgarian economy expanded by 2.5% in the first quarter on an annual basis, well above analysts' forecasts, flash data of the statistics off...
Business
Bulgaria Ranked 48th Globally in Tourism Competitiveness
Bulgaria is 48th in terms of travel and tourism competitiveness out of 139 countries, according to a report of the World Economic Forum. The WEF ranking evaluates the cou...
Business
Musala Soft Grabs Golden Martenitsa for Best Bulgarian Producer
The Musala Soft company won the annual "Golden Martenitsa" prize in the "Bulgarian producer" category for its contribution for the development of the country's IT sector....
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