Financial
Bulgaria's Budget Balance Turns Positive in Jan-May 2012
Bulgaria's state budget has come to a positive balance for the first five months of 2012, after May became the second month in a row to register monthly budget surplus, t...
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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.
Financial
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...
Business
Greek Company Registers Workers in Bulgaria to Cut Labor Costs
A Greek company is offering its employees fictitious registration in Bulgaria to pay them lower salaries. Greek newspaper To Proto Thema argues in an article titled "Gree...
Infrastructure
Romania-Bulgaria-Turkey Road Company Set for Fall 2012
The project company for the construction of a major highway running from Romania to Turkey and Greece via Bulgaria (aka the Ruse-Svilengrad Road) is to become operational...
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...
Infrastructure
Bulgaria's BDZ Freight Services Attracting Investor Interest
Bulgaria's Privatization and Post-Privatization Control Agency (PPCA) has confirmed investor interest in the upcoming sale of the Freight Services unit of the Bulgarian S...
Investments
Bulgarian Overgas to Start 2nd Stage of Drilling at Provadia Exploration Block
Gazprom-controlled Bulgarian gas company Overgas is commencing the second stage of conventional oil and gas exploration in the Provadia block onshore in eastern Bulgaria...
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...
Investments
China Ready for Large-Scale Investment Project in Bulgaria
Ivan Kostov, leader of the Democrats for Strong Bulgaria (DSB) party, has argued that a successful concession procedure conducted by the authorities could attract an inve...
Investments
Infrastructure Concessions to Attract Investments of BGN 1 B into Bulgaria
Bulgarian Transport Minister Ivaylo Moskovski has cited preliminary estimations indicating that a total of 10 infrastructure sites granted under concession are expected t...
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)...
Financial
Bulgaria Starts Investor Meetings ahead of Eurobond Float
Bulgaria starts on June 25 a series of investor meetings across Europe ahead of the eurobond issue that the country plans to float this year, one of the banks organizing...
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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