Business
Bulgaria's Industrial Index Up 1.5 % in April 2011 M/M
The seasonally adjusted industrial production index increased by 1.5% in April 2011, compared to March 2011. The preliminary data was released Tuesday by the National Sta...
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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.
Business
Macroeconomic Data
Bulgaria's Unemployment Rate Lowest since Nov 2009
In May 2011, Bulgaria registered its lowest monthly unemployment rate since November 2009, according to official data from the State Employment Agency. Thus, formal figur...
Business
Bulgaria's Plovdiv, Greece's Kavala Mull Air Connection
Greek investors are considering launching a direct air line between the Bulgarian city of Plovdiv and the Greek town of Kavala on the Aegean Sea coast. The idea for the P...
Business
Bulgaria's Meat, Milk Exports on the Rise
Bulgaria's exports of protein-rich agricultural produce such as meat and milk is growing, according to Deputy Agriculture Minister Tsvetan Dimitrov. Speaking on Monday, D...
Economy
Bulgarian Court Rules 'Nationalization' of Private Retirement Funds Illegal
Bulgaria's Constitutional Court declared the transfer of deposits in private retirement funds to the National Social Security Institute (NOI) anti-constitutional. The rul...
Business
Bulgarian Recycling Business Rises against 'Anti-Metal Theft' Law
Bulgaria's draft Waste Management Act, which is supposed to prevent rampant metal theft, has come under vigorous fire by the Bulgarian Recycling Association. The new law...
Economy
Gazprom to Power Ahead with 2 South Stream Pipes from Russia to Bulgaria
Gazprom will start construction of the South Stream gas pipeline to pump natural gas to Europe along the bed of the Black Sea with two parallel legs, Gazprom CEO Alexei M...
Investments
Irish Island Renewable Energy to Build Wind Park in Bulgaria
Irish company Island Renewable Energy will build a wind park in the Northern Bulgarian Suhindol municipality. The project, which may be launched after, wind measurements...
Business
Bulgaria Air Welcomed to Embraer's E-Jets Portfolio
Bulgaria's Bulgaria Air airline has been officially included in Embraer's portfolio of E-Jets costumers. Under a new agreement with a leasing company, the Bulgarian air c...
Investments
American AES Launches Bulgaria's Galabovo TPP
The new Termal Power Plant, TPP, "AES Galabovo" is being launched Friday near the southern Bulgarian city of Stara Zagora. The project cost is estimated at EUR 1.2 B. The...
Infrastructure
Serbia Rushes with Bulgarian Highway to Compete with Bulgarian-Romanian Bridge
Serbia is hurrying to build a highway to the Bulgarian border before the completion of the second Bulgarian bridge on the Danube, according to Serbian Transport Minister...
Investments
Football Legend Stoichkov Vows to Bring Investments for New Bulgarian Stadiums
Hristo Stoichkov, legendary former Barcelona striker, has come to his native Bulgaria with Spanish businessmen interested in investing in new Bulgarian stadiums. It is no...
Infrastructure
Bulgaria Starts Rehabilitation of Abandoned Northern Road
A whole array of senior government officials have given the start of the rehabilitation of the road between the Northern Bulgarian cities Pleven and Lovech, its first rep...
Investments
Bulgaria to Invest BGN 100 M in Extending Life of Kozloduy Nuclear Reactors
Bulgaria will need to invest over BGN 100 M in the extension of the life of the two operational 1000-MW reactors of the Kozloduy nuclear power plant, according to its CEO...
Infrastructure
Bulgaria to Begin Exploratory Work on South Stream
Bulgaria will launch exploratory work in the Black Sea to set the route of the future South Stream gas pipeline, announced Foreign Minister Nikolay Mladenov after a meeti...
Economy
Bulgaria's 2020 Energy Strategy Focuses on Efficiency, Renewables
The Bulgarian Parliament has adopted the country's much-anticipated Energy Strategy by 2020, which emphasizes energy efficiency and renewable energy sources. The document...
Financial
Bulgaria Registers Budget Surplus in April Thanks to Central Bank Contribution
Bulgaria registered a monthly surplus of BGN 190.5 M in April 2011, the second month in a row with a positive balance, the Finance Ministry announced. The April surplus a...
Business
Bulgaria Registers Notable Increase Biodiesel Consumption in 2010
Biodiesel consumption in Bulgaria registered a staggering increase in 2010 amounting to 38 911, 13 tons, according to preliminary information from the Ministry of Economy...
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