Serbia Willing to Join Bulgaria's Belene NPP
Serbia is in favor of participating in the construction of the Belene Nuclear Power Plant in Bulgaria, the country's Deputy Prime Minister Bozidar Djelic has told the Bul...
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Bulgarian Business and Investment News
Short briefs on the data and rule changes that matter to investors, with an archive of Bulgarian business news going back to 2010.
Inter RAO Woos E.ON, RWE, Enel, Close to Bulgarian Deal
Russia's state power trader Inter RAO is in talks with E.ON AG, RWE AG and Enel SpA on possible asset swaps or acquisitions in Europe as the company seeks to expand abroa...
Business
Bulgarian-Italian Consortium Wins Major Railway Tender
A consortium of two Bulgarian companies and one Italian firm has won the Transport Ministry tender for modernization of the Plovdiv-Burgas railway in Southern Bulgaria. T...
Business
Sofia Metro to Have 400 000 Passengers Daily in 2012
The opening of the second line of the Sofia Metro in 2012 will double its load to 400 000 passengers daily, from the current 180 000, according to Sofia Mayor Fandakova....
Business
Financiers: Borisov Govt Patched Things Up in 2010 H2
Leading Bulgarian financiers have criticized the Borisov Cabinet for its response to the economic crisis while also recognizing that the government has in a way reacted t...
Bulgaria Makes It to CNN's Top 2011 Tourist Destinations
Bulgaria has been listed among the top nine global tourist destinations for 2011 in a CNN article. Building upon recommendations from three travel experts, Robert Reid, U...
Bulgarian Government Invests in Promotion Souvenirs
A wide range of little souvenirs are to be launched by Bulgaria's government in order to increase the foreign interest in the country as a touristic destination. The tota...
Business
Bulgaria's Rural Areas to Benefit with BGN 136 M
Bulgaria's special Agriculture Fund has affirmed 311 EU Rural Development projects, which will cost a total of BGN 136.6 M. A total of 263 projects are for the modernizat...
Business
60% of 2nd Bulgaria-Romania Danube Bridge Ready
About 60% of the construction of the so called Danube Bridge 2, the second one to connect Bulgaria and Romania over the Danube River, have been completed. Additionally, s...
Bulgarian Invention May Reduce Natural Gas, Heating Costs
An innovation created by a Bulgarian scientist is said to be able to make natural gas use more efficient and cut down the expenses for central heating. The invention, whi...
Business
Bulgarian Experts: Real Estate Prices to Hit Bottom in 2011
In 2011, priced for apartments in Bulgaria will hit bottom and go upwards by the end of the year, according to forecasts by real estate experts. “Prices for residences in...
Investments
German Company Invests EUR 75 M in Bulgarian Wind Park
Bulgarian company IWC Bulgaria 4 owned by German Innovative Wind Concepts is planning a new wind park in the northeastern part of the country near the city of Shumen. The...
Economy
Bulgaria's Energy Watchdog Lowers Heating Prices by 5,2%
Bulgaria’s State Commission for energy and Water Regulation (DKEVR) has approved a price reduction of 5,17% for natural gas from January 1, 2011. The news was announced a...
Infrastructure
Bulgaria's Plovdiv Wants to Build New 'National Stadium'
The southern city of Plovdiv has come up with an initiative to host a new national stadium of Bulgaria, which could be realized instead of the expensive construction of a...
Infrastructure
Construction of Bulgaria-Macedonia Rail Line to Start in 2012
The long-anticipated construction of the railway line connecting the capitals of Bulgaria and Macedonia – which is also a major part of Pan-European Transport Corridor No...
Economy
3rd Auction for Bulgarian Steel Behemoth Scheduled after 2 Failures
The receiver of the bankrupt Bulgarian steel factory Kremikovtzi has scheduled February 7 as the date for the third attempt to sell off the failed behemoth's assets. Two...
Economy
Bulgaria Hopes to Export Electricity to Lebanon
Bulgaria is looking at opportunities to export electricity to Lebanon, according to the Minister of Economy, Energy, and Tourism, Traicho Traikov. As part of a Bulgarian...
Economy
Bulgarian State Railways Hope to Become Profitable by 2015
Bulgarian state railway company BDZ expects to start making profit in 2015 as a result of a program of wide-ranging measures, its management announced. In the first 11 mo...
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