Economy
Bulgaria to Start Building Gas Link with Romania August 2012
Bulgaria will launch the construction of its cross-border gas link with Romania in August, the country's Economy and Energy Minister, Delyan Dobrev, has revealed. The gas...
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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
Bulgarian MPs Endorse Presidential Veto on Ski Development Law
MPs from the Parliamentary Agriculture Committee backed Thursday the veto imposed by Bulgarian President Rosen Plevneliev on a set of controversial amendments to the Fore...
Economy
Bulgaria Won't Drop South Stream Project
Bulgarian Economy and Energy Minister Delyan Dobrev has ruled out the possibility of Bulgaria exiting the South Stream gas pipeline project. "Currently, there is no dange...
Economy
Bulgaria Optimistic about Finding Natural Gas in Black Sea
Three energy giants have submitted bids for exploration and exploitation of natural gas in the so-called "Khan Asparuh" block in Bulgarian Black Sea waters. According to...
Economy
Ilyumzhinov Buys Majority Stake in Bulgaria's Petrol Holding, Ershov Out
Swiss-based Credit Mediterranee owned by Kalmyk multi-millionaire Kirsan Ilyumzhinov has acquired a 52.5% stake in Bulgarian fuel distributor Petrol Holding AD. The compa...
Economy
Prices of Natural Gas in Bulgaria to Add 4.88% from July
Angel Semerdzhiev, Chair of the State Commission for Energy and Water Regulation (DKEVR), has assured that there will be no shock spikes in prices of electricity in 2013....
Economy
Molson Coors Buys Bulgaria's Kamenitza, StarBev Breweries
Denver-based Molson Coors said it has purchased StarBev and its nine breweries in central and eastern Europe, including Bulgaria, as it expands its operations further. Th...
Economy
Bulgaria to Introduce 5-Year Validity for Hotel Ratings
Bulgaria is about to make changes to its hotel and restaurant classification system, limiting the validity of hotel and restaurant star rating to five years. Currently, t...
Economy
Bulgaria's Shale Gas Hydrofracking Moratorium Partially Lifted
Bulgaria's Parliament decided to partially lift the moratorium on hydraulic fracturing in natural gas and oil exploration and extraction. The moratorium is only lifted as...
Economy
Bulgarian President Cites SMEs as Exclusive Priority
A mere 1000 (0.8%) of the total of 350 000 companies re-registered in Bulgaria's Trade Register are big (total headcount of 250+), the remaining ones being small and midd...
Economy
World Bank Sets Bulgaria Economic Growth at Meager 0.6%
The World Bank has revised sharply downwards forecasts for Bulgaria's economy, estimating it is to expand just 0.6% this year. The bank expects Bulgaria's gross domestic...
Economy
Number of Belarusian Tourists in Bulgaria Doubles in May-June
The number of Belarusian tourists in Bulgaria has doubled in May-June 2012 year-on-year, the Bulgarian Foreign Ministry announced. According to the Ministry, in May and e...
Economy
Bulgaria's State-Owned Gas Company Seeks 16% Price Hike from July
State-owned gas supplier Bulgargaz has requested a 15.73% price increase from July 1, according to a media statement published on the company's website on Monday. Bulgarg...
Economy
Bulgaria's Largest Beach Resort Opens for 'Optimistic' Season
Bulgaria expects a 5% to 8% increase of foreign tourists during summer season 2012, according to the Minister of Economy, Energy and Tourism, Delyan Dobrev. Dobrev attend...
Economy
Bulgaria Offers Change of EU Fuel Excise Policy
Bulgaria's government has offered the European Union to change the principle of determining fuel excise duty, according to Energy and Economy Minister Delyan Dobrev. Dobr...
Economy
Sofia Launches Free Wireless Net on Public Transportation Bus
Sofia public transportation buses serving line 111 now have free wireless internet. The service has been launched on Monday, June 4. The buses are equipped with wireless...
Economy
Bulgaria Invites Rosatom to Kozloduy NPP Unit 7 Project
Bulgaria has offered to Rosatom to participate in the construction of Unit 7 of Bulgaria's Kozloduy Nuclear Power Plant, NPP. The news was announced by the Deputy CEO of...
Economy
Organic Production in Bulgaria Up by 30% in 2011
The share of organic vs conventional production in Bulgaria registered a 30% annual increase in 2011, according to Tsvetan Dimitrov, Deputy Minister of Agriculture and Fo...
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