Investments News from Bulgaria

Investments

17 August 2010

Melrose Resources opens new fields in Bulgaria

The opening of new fields in Bulgaria will boost production by 7,500 barrels of oil equivalent per day, Melrose Resources said, as interim pre-tax profits at the Edinburg...

Investments

15 August 2010

CEZ Invests in Bulgarian Mountain Resort Ribaritsa

Czech electric power utility CEZ announced a BGN 0.5 M investment in infrastructure in the resort village Ribaritsa in the Stara Planina mountains in central Bulgaria. Ri...

Investments

28 July 2010

Lufthansa Technik Expands in Bulgaria

Lufthansa Technik Sofia, a joint venture between Germany’s Lufthansa Technik and the Bulgarian Aviation Group, announced it will invest in the construction of new facilit...

Investments

28 July 2010

AES Plans to Construct USD 400 M Solar Power Plant in Bulgaria

AES Corp., the U.S. power producer with operations in more than two dozen countries, is keen on constructing in Bulgaria a USD 400 M solar power plant with a capacity of...

Investments

27 July 2010

Czech Power Utility to Invest BGN 2 M in Renovation

The Czech-owned electric power utility CEZ will invest BGN 1 936 000 M in a renovation of the “Metro”subfeeder, which provides electricity to the northwestern region of t...

Investments

25 July 2010

Bulgaria's Defense Industry Invests Up to BGN 6 M Annually in R&D

The Bulgarian military-industrial complex invests between 10% and 30% of its combined profit annually in research and development activities. According to the latest repo...

Investments

15 July 2010

2 American Companies Apply to Search for Shale Gas in Bulgaria

Two US companies have expressed interest in drilling for shale gas in Bulgaria, the Ministry of Economy, Energy and Tourism announced. The Ministry has received a total o...

Investments

13 July 2010

US Ambassador Presents Major Gas Alternative for Bulgaria

The US ambassador to Bulgaria James Warlick gave an official presentation Tuesday of American company Chevron, which has expressed interest in drilling for shale gas in t...

Investments

28 June 2010

BGN 40 M Invested in Bulgaria's 1st Appliances Recycle Plant

The first Bulgarian factory for the recycling of old electric appliances and equipment, the largest and most modern of its kind in Eastern Europe, was opened Monday in th...

Investments

22 April 2010

French Company Saint-Gobain Weber Builds 2nd Factory in Bulgaria

French company Saint-Gobain Weber started Wednesday the construction of its second factory in Bulgaria. The ground-breaking ceremony for the factory located near Izvorsko...

Investments

2 March 2010

Japan Ambassador Thumbs Up for Bulgaria Sun Potential

Japan's Ambassador to Bulgaria will pay a visit to the town of Yambol on Wednesday to discuss the planned investment of a Japanese company in the construction of a solar...