Economy
Migrant Remittances to Bulgaria Break All-Time Record
Remittances - money sent by Bulgarian migrants to family members back home - have hit a new high, despite the global downturn, data from the central bank shows. In May th...
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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 Delays Euro Adoption by Two Years At Least
Bulgaria's finance minister, who was initially targeting rapid accession to the euro zone, has confirmed the country is in no hurry to adopt the single currency. "We will...
Economy
Germany Too Lauds Bulgaria's Fiscal Discipline
Bulgaria has become the picture of fiscal discipline, a top ranking German diplomat has said during his visit to Sofia, bringing good news for policy makers here. "Bulgar...
Economy
Bulgaria Launches Privatization of Largest Military Plant
Energy and Economy Minister Delyan Dobrev and Labor Minister Totyu Mladenov launched Tuesday the privatization of VMZ Sopot, Bulgaria's largest defense industry plant. Th...
Economy
4, 5-Star Hotels Had Bulgaria's Highest Occupancy Rate in May
4 and 5-star hotels had the highest occupancy rate in May, at 25.6%, according to data of Bulgaria's National Statistical Institute (NSI). 3-star hotels had an average 17...
Economy
Sofia Ranked 11 among Cities with Most Adequate Hotels
Bulgaria's capital Sofia slipped down one spot in the global ranking of cities with hotels with top customer satisfaction. The rating is published by hotel.info every qua...
Economy
Bulgaria's Rural Areas Keenly Interested in Solar Energy Projects
Rural areas in Bulgaria are reporting peak interest in subsidized projects for the construction of photovoltaic systems. A total of 37 photovoltaic projects were approved...
Economy
Bulgaria's Organic Honey Ouput Reaches 1 200 tons per year
Bulgaria makes over 1200 tons of organic honey per year but the largest share of it is exported, according to Plamen Ivanov, Chair of the National Beekeepers' Union. In a...
Economy
Bulgarian Organizations to Launch Employer Rating System
The Bulgarian Industrial Association (BIA) and the Confederation of Independent Trade Unions in Bulgaria (CITUB) have joined efforts to create a rating system for employe...
Economy
Franchising Business Booming in Bulgaria
Franchising has been growing by more than 20% annually for five years in a row, according to a survey by Franchising.bg, a consultancy. The consultancy surveyed a total o...
Economy
Litex, Great Wall Motors Start 'Made in Bulgaria' Advertising Campaign
The first Chinese car of the Great Wall Voleex C10 model to be produced in Bulgaria is setting the start of a new advertising campaign, announced Litex Motors, the Bulgar...
Economy
FIB Finds Investor for Bulgaria's Troubled Lead-Zinc Complex
First Investment Bank, FIB, has been able to find a private investor for Bulgaria's troubled largest producer of non-ferrous metals, the Lead and Zinc Complex (LZC; OTZK)...
Economy
E.ON, CEZ Bulgaria Units to Launch IPOs in Late Summer
Bulgaria's government is expected to list its 33% minority stake in E.ON and CEZ power distributors at the end of summer or the beginning of the autumn in a bid to enlive...
Economy
Greek OTE to Sell Bulgarian Unit Globul
Greek telecommunication group Hellenic Telecommunications Organization, known as OTE, is selling its unit in Bulgaria. The revenues from the sale of Globul, Bulgaria's se...
Economy
Bulgaria Drops License Requirement for 10 MW Power Plants
Power plants with a total installed capacity of up to 10 MW will not need a license for electricity and heat production, according to amendments to Bulgaria's Energy Act...
Economy
Bulgaria Hopes to Sell 50.5% in Bourse by End-2012
Bulgaria hopes to find an investor for its only stock exchange by the end of this year after failing to do so by the beginning of the summer as initially planned. "In ter...
Economy
Bulgaria Expects 10% Growth of Foreign Tourists Summer 2012
Bulgaria will see a 10% growth in the number of tourists visiting it this summer, according to Delyan Dobrev, Minister of Economy, Energy and Tourism. Dobrev is convinced...
Economy
Polish Co Silesia Most Likely Savior of Bulgaria's Lead and Zinc Complex
Polish consortium Silesia is the most serious bidder for the indebted Lead and Zinc Complex (LZC; OTZK) in Bulgaria's Kardzhali, Bulgarian Economy Minister Delyan Dobrev...
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