Economy
Bulgaria Expects Wheat Harvest of 3.8 M Tons in 2012
Bulgarian Agriculture Minister Miroslav Naydenov has said that he expects a wheat harvest of around 3.8-3.9 million tons. Speaking Tuesday in the southern town of Sadovo,...
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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
All Bulgarian Poultry Farms Meet EC Welfare Standards
Bulgaria's Minister of Agriculture and Food, Miroslav Naydenov, has announced that the country has fulfilled all requirements of the European Commission (EC) regarding la...
Economy
Private Investor to Salvage Bulgaria's Flopped Nuclear Project
A private investor could possibly purchase by the end of 2012 the abandoned project to build a second Nuclear Power Plant, NPP, in the Bulgarian Danube town of Belene, an...
Economy
Bulgaria Seals Sale of Bulgartabac to Russian Bank VTB
The Supervisory Council of Bulgaria's Privatization Agency has given the final go-ahead for the sale of state cigarette-maker Bulgartabac to BT Invest, a firm wholly owne...
Economy
Bulgarian FinMin: President Is Clueless about Economy
Bulgarian President, Georgi Parvanov, has shown many times that he is clueless when it comes to economy and his experts have no clue either. The statement was made Tuesda...
Economy
Bulgarian Govt: Economy Recovers, State Finances Stabilize in H1 2011
Bulgaria's Cabinet has adopted the report for the consolidated state fiscal program for the first half of 2011, stressing the stabilization of the country's macroeconomic...
Economy
Russia's State Bank VTB Approved as Buyer of Bulgaria Tobacco Monopoly
The Governing Board of Bulgaria's Privatization Agency approved Wednesday the sale of the State-owned tobacco monopoly Bulgartabac Holding to the Austria-registered BT In...
Economy
Average Bulgarian Household's Income Up 4% Q2 2011 Y/Y
The average quarterly total income per household member during the second quarter of 2011 was BGN 940. This is 3.8% more compared to the same quarter of 2010. The data wa...
Economy
Bulgarian FinMin Rejects Idea of Budget 2011 Update
The State budget will not in any way need to be updated, Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, declared Wednesday. In an interview for th...
Economy
Bulgarian Energy Watchdog: Power Utilities Might Be Restructured
Electrical power utilities operating in Bulgaria might need to go through a restructuring, according to Angel Semerdzhiev, the head of the Bulgarian state energy regulato...
Economy
Alpha Bank, Eurobank EFG Merger Creates Biggest Bank in Greece, 3rd Biggest in Bulgaria
Two of Greece's major banks – Alpha Bank and Eurobank EFG – have formally announced their planned merger, which will create the largest bank in Greece, and the third larg...
Economy
Bulgarian Govt Plans to Privatize State Railway Freight Service
Bulgaria's Cabinet could complete the privatization of the "Freight Services" unit of state railways operator BDZ Holding within six months, according to Transport Minist...
Economy
Lukoil Bulgaria CEO Firm in Rebuffing Tax Violations Claims
The CEO of Lukoil Bulgaria, Valentin Zlatev, remains unwavering the company has not committed any tax or Customs law violations. "Lukoil does not have even one citation f...
Economy
Sofia Airport to Manage Bulgaria's 3rd Black Sea Airport in Balchik
Bulgaria's Cabinet has assigned the management of the future civilian airport at the Black Sea town of Balchik to Sofia International Airport. “Sofia Airport, whose paren...
Economy
Bulgarian Govt Grants New 'Final' Extension on BA Oil Pipeline
The Bulgarian government has granted Trans-Balkan Pipeline, a Bulgarian-Greek-Russian project company, another extension on the environmental assessment of the Burgas-Ale...
Economy
Bulgarian Customs Agency Inspects Lukoil on Suspicions of Tax Evasion
Bulgaria's Customs Agency is checking whether Lukoil Neftochim is being siphoned off by its subsidiary Litasco, which controls volumes entering and exiting the oil refine...
Economy
Bulgarian Customs Head: Lukoil Has Tax Problems, Gets Better
Lukoil Bulgaria has been chronically failing to adequately pay its taxes, according to Bulgarian Customs Agency head Vanyo Tanov. Recently a controversy developed in Bulg...
Economy
Bulgaria's Ailing Railways Get Tough, Raise Revenues
Bulgaria's troubled state railway company BDZ has managed to increase its revenues from ticket sales by boosting its travel inspections and policing. In January-July 2011...
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