Economy
Russia Comes Up with New Ultimatum on Bulgaria's Belene NPP
If a contract on the construction of Belene, Bulgaria's second nuclear power plant, is not signed by July 1, the project will become useless, a Russian official has said....
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Economy News from Bulgaria
Bulgarian Economic News: Economy stories for investors from InvestBulgaria, with an archive going back to 2010.
Economy
Economy
Bulgaria Plans to Start Exporting Electricity to Turkey in July
Bulgaria and Turkey have agreed to speed up the construction of a gas grid interconnection between the two countries, Bulgarian Energy Minister Traicho Traikov said Thurs...
Economy
Bulgaria's Q1 2011 Exports to EU Up by 56.4% Y/Y
In the period January-March 2011, Bulgaria's exports to the EU increased by 56.4% compared to the same period a year earlier, totaling BGN 5.7 B, the National Statistical...
Economy
Bulgarian Court Rules 'Nationalization' of Private Retirement Funds Illegal
Bulgaria's Constitutional Court declared the transfer of deposits in private retirement funds to the National Social Security Institute (NOI) anti-constitutional. The rul...
Economy
Gazprom to Power Ahead with 2 South Stream Pipes from Russia to Bulgaria
Gazprom will start construction of the South Stream gas pipeline to pump natural gas to Europe along the bed of the Black Sea with two parallel legs, Gazprom CEO Alexei M...
Economy
Bulgaria's 2020 Energy Strategy Focuses on Efficiency, Renewables
The Bulgarian Parliament has adopted the country's much-anticipated Energy Strategy by 2020, which emphasizes energy efficiency and renewable energy sources. The document...
Economy
Bulgarian Cigarette Company Tables EUR 1 M Profit Q1
Bulgarian state cigarette producer Bulgartabac registered a net profit of BGN 2.17 M for the first quarter of 2011. For the same period in 2010, Bulgartabac had a net los...
Economy
Shale Gas Provokes Doubts, Controversy in Bulgaria
The news that US company Chevron hopes to find major shale gas deposits in northeastern Bulgaria have raised the doubts of some experts and the concerns of environmentali...
Economy
Minister: Bulgaria Has No Plans to Give Up Nuclear Power
Bulgaria has no intention to give up nuclear energy, stated Bulgarian Minister of Economy and Energy Traicho Traikov Monday. Traikov was commenting the decision of the Ge...
Economy
EVN Takeover of Major Bulgarian Hydro Power Plant Expected 'in Days'
Austrian company EVN is expected to purchase a 70% stake in the Bulgarian hydro power plant project "Gorna Arda" from Turkish company Ceylan "within days", according to B...
Economy
Bulgarian Energy Minister Hints at New NPP Contract with Russia
Bulgaria's Economy and Energy Minister, Traicho Traikov, announced the country is to, most likely, present to Russia a new project for contract for the Nuclear Power Plan...
Economy
Privatization of Bulgaria's National Palace of Culture Banned
Any privatization of Bulgaria's National Palace of Culture (NDK), a giant cultural and congress center in downtown Sofia, will be abolished, the country's Finance Ministe...
Economy
Bulgaria Ranked Cheapest Summer Holiday Destination
Bulgaria is the cheapest summer holiday destination according to a survey of the German automotive union ADAC. The survey covers 50 resorts in 10 European countries and i...
Economy
EU Vows Not to Set Barriers for South Stream Gas Pipeline
The EU will not set unjustified restrictions regarding the construction of the South Stream gas pipeline, which is supposed to transit Russian gas to Europe, Gunther Oett...
Economy
TBP Offers Bulgaria New Offloading Technology for BA Oil Pipeline
Trans-Balkan Pipeline, the company in charge of the construction of the Burgas-Alexandroupolis oil pipeline, has offered the Bulgarian government a new technology for unl...
Economy
Bulgaria to Sign on Nabucco Pipeline in Turkey on June 6
Bulgaria's Bulgargaz, a subsidiary of the Bulgarian Energy Holding, will participate in the official signing of an agreement on the Nabucco gas transit pipeline in Turkey...
Economy
Sofia City Hall Plans Major Public Transportation Overhaul
The Sofia City Hall has applied with the Regional Development Program for EU funding for its "Integrated Project for Public Transportation." The information was reported...
Economy
Bulgaria's Kozloduy NPP Among World's Most Tested - EconMin
Bulgaria's Kozloduy Nuclear Power Plant is among the most scrutinized NPPs in the world, according to the country's Energy and Economy Minister, Traicho Traikov. Four of...
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