Business
Bulgarian State Railways' Loss Declines in 2011 Q1
The losses generated by the Bulgarian State Railways BDZ in the first quarter of 2011 declined substantially, BDZ executives announced. The company, which is notorious fo...
Sofia
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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
Economy
Bulgarian Govt to Privatize Railway Freight Services
Bulgaria's Cabinet is taking steps in order to privatize the freight services of the state railway company BDZ, according to Vladimir Vladimirov, chair of the Board of Di...
Financial
Finance Ministry Hopeful Moody's Will Up Bulgaria's Rating
Moody's Investors Service is currently reviewing Bulgaria's credit rating and is likely to boost it, the credit agency says in a regular report cited by the Bulgarian Fin...
Economy
Shocked Investors: New Law Shatters Bulgaria's Renewable Energy Sector
Bulgaria's newly adopted Renewable Energy Act contradicts the Constitution and EU law, and will shatter the country's energy future, according to the Bulgarian Wind Energ...
Real Estate
Bulgaria's National Palace of Culture to Become Public Company
The Bulgarian National Palace of Culture (NDK) in downtown Sofia is to become a public company, the country's Council of Ministers decided Wednesday. NDK will be a state...
Investments
Bulgaria's King's Tobacco Confirms Interest in Bulgartabak
Bulgarian cigarette maker King's Tobacco has confirmed its interest in the privatization of the country's state tobacco giant Bulgartabac Holding. "Provided that we meet...
Financial
Deal for Bulgaria Stock Exchange Sweetened Up - Head
The decision of Bulgaria's government to pack together its stakes at the stock exchange and the depository has sweetened the deal for the bourse, its executive director a...
Economy
Bulgarian-Chinese Car Models Debut in Veliko Tarnovo
Two of the cars of the Chinese motor company Great Wall to be made in the Bulgarian city of Lovech made their debut, the site "Automedia.bg" informs. The models Hover and...
Financial
'Tax Freedom' Day Arrives in Bulgaria on May 4
Bulgarians will work to pay their taxes until May 4, 2011, according to a publication of the Institute for Market Economy. The so-called "Tax Freedom Day" is a symbolic d...
Financial
10 Richest Bulgarians Pay BGN 4.5 M in Taxes at Deadline
The ten Bulgarians who have declared the highest income for 2010 will pay BGN 4.5 M in taxes, the National Revenue Agency, NRA, announced Monday. The data comes from the...
Economy
Russia Halts Oil Export, Bulgaria Demands Guarantees
Bulgaria's Economy and Energy Minister, Traicho Traikov, has asked for guarantees from Russia for enough fuels for the country's market amidst reports that the Federation...
Business
Bulgaria's Agriculture Sector with Impressive Export Growth in 2010
Bulgaria's agriculture sector appears to be taking off, according to data presented by the Agriculture Ministry and the National Statistical Institute. Agriculture is one...
Real Estate
Bulgaria's Sofia Starts 'Unfreezing' Its Construction
Vast construction projects in the Bulgarian capital Sofia, such as malls, office buildings, trade centers and residential buildings have been launched again as the financ...
Business
Bulgaria PM Seeks to Boost Business Ties with Croatia
Croatia's EU prospects and ways to boost economic and trade ties with Bulgaria will top the agenda of Prime Minister Boyko Borisov during his one-day official visit to Za...
Economy
WikiLeaks: Bulgaria N-Plant Manager Forced to Shut Up over Incident in 2006
The manager of Bulgaria's sole nuclear power plant Kozloduy has been threatened with being "knocked off" unless he keeps quiet about an incident on the first day of March...
Economy
JTI,КТ&G, Philip Morris Eye Bulgaria's State Tobacco Giant
Korea's КТ&G, Japan Tobacco International, Philip Morris and a few financial investors have declared interest in the privatization of Bulgaria's state cigarette producer...
Financial
IMF Mission to Visit Sofia May 10-20
A mission of the International Monetary Fund will visit Bulgaria's capital Sofia during the period May 10-20, 2011 to hold regular bilateral discussions on economic polic...
Business
US Company Presents Novel Nuclear Reactor in Bulgaria
US energy company Westinghouse presented Tuesday a new generation nuclear reactor in Sofia by invitation of Bulgarian Minister of Economy and Energy Traicho Traikov. The...
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