Financial
Fitch Improves Outlook of 4 Bulgarian Banks
The long-term Issuer Default Ratings (IDRs) outlook of Bulgaria's Societe Generale Expressbank, Allianz Bank Bulgaria and Bulgarian Development Bank have been upgraded to...
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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
Bulgaria Sees 34% Increase in Goods Transported by Land Q1 2011
Bulgaria's goods transported by land transport increased by 34.2% year on year in the first quarter of 201, according to the country's National Statistical Institute. A g...
Financial
Fitch Raises Bulgaria's Outlook from Negative to Positive
International credit rating agency Fitch Ratings has improved its outlook on Bulgaria's currency ratings to positive from negative. This has made it less likely that they...
Economy
TBP Offers Bulgaria New Offloading Technology for BA Oil Pipeline
Trans-Balkan Pipeline, the company in charge of the construction of the Burgas-Alexandroupolis oil pipeline, has offered the Bulgarian government a new technology for unl...
Economy
Bulgaria to Sign on Nabucco Pipeline in Turkey on June 6
Bulgaria's Bulgargaz, a subsidiary of the Bulgarian Energy Holding, will participate in the official signing of an agreement on the Nabucco gas transit pipeline in Turkey...
Economy
Sofia City Hall Plans Major Public Transportation Overhaul
The Sofia City Hall has applied with the Regional Development Program for EU funding for its "Integrated Project for Public Transportation." The information was reported...
Financial
IMF Mission Signals Optimism about Bulgaria's Economy
The conclusions of the International Monetary Fund mission, which visited Bulgaria's capital Sofia during the period May 10-20, have exhibited optimism about the Bulgaria...
Business
Poptodorova: Small US Business Is Interested in Bulgaria
Smaller US companies are increasingly interested in investing in Bulgaria, Bulgarian Ambassador to Washington DC, Elena Poptodorova, says. In an interview for the Bulgari...
Bulgaria Govt Assuages Fears over Sale of Sofia's Landmark
Bulgaria's culture minister has denied allegations that the National Palace of Culture NDK, one of the landmarks of the capital Sofia, is about to be put on sale. "Nobody...
Economy
Bulgaria's Kozloduy NPP Among World's Most Tested - EconMin
Bulgaria's Kozloduy Nuclear Power Plant is among the most scrutinized NPPs in the world, according to the country's Energy and Economy Minister, Traicho Traikov. Four of...
Economy
South Steam Shareholders to Strike New Agreement in 2011
A new shareholders' agreement for the South Stream gas transit pipeline will be signed in 2011, Gazprom CEO Alexei Miller has announced. The shareholders are going to com...
Real Estate
Bulgarian Capital Has Only 5 500 Rooms in City Hotels
There are only 5 500 rooms in three-, four-, and five-star hotels with more than 50 rooms in the Bulgarian capital Sofia, according to data announced by property consulta...
Investments
Chinese Cars to Be Made in Bulgaria Furor at Ruse University Fair
Prototypes of the cars of Chinese manufacturer Great Wall Motors that will be produced in Bulgaria's Lovech generated heated interest Thursday at the opening of the auto...
Economy
US Contour Global OKed to Buy Enel Stake in Bulgaria Plant
Bulgaria's antitrust regulator has given approval to US investment fund Contour Global to acquire the majority stake of Italian energy giant Enel in Maritsa East 3, a Bul...
Economy
Shale Gas to Win Bulgaria's Energy Independence - Minister
The shale gas resources in Bulgaria could greatly improve the country's energy independence and would create a new alternative for its gas needs, Bulgarian Economy and En...
Bulgaria Slumps Further in World Competitiveness Ranking
Bulgaria has lost two spots to finish 55th on the competitiveness ranking of the International Institute for Management Development (IMD), covering 59 key countries. Acco...
Largest Bulgarian Resorts Acquire New Status
Bulgaria's national resorts will be declared "settlements with particular status" with unified urban planning and management. The information was reported by the daily St...
Financial
IMF Sees Bulgarian Economic Growth at 3%, Inflation -5.3% End-2011
The International Monetary Fund expects Bulgaria's economy to grow 3% at the end of this year as a global recovery boosts exports demand in the EU. The IMF forecast for t...
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