Investments
US Ambassador Presents Major Gas Alternative for Bulgaria
The US ambassador to Bulgaria James Warlick gave an official presentation Tuesday of American company Chevron, which has expressed interest in drilling for shale gas in t...
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.
Investments
Economy
Bulgaria Records Third Biggest Drop in Commercial Rent Prices
Bulgaria's capital Sofia ranks third in the EU for drop of rent prices for outlets on commercial streets for the past three years, a research shows. The research by the c...
Economy
Glass Recycling Plant to Open near Sofia
Bulgaria's Environment Minister Nona Karadzhova has broken the ground for the construction of a glass recycling plant in the village of Ravno Pole near the capital Sofia....
Business
Bulgarian Giant Sopharma's Export Grows by 40% in 2010 H1
The export of Bulgaria's largest pharmaceutical company Sopharma has seen a substantial growth of 38% in the first half of 2010. Only in June 2010, the company's exports...
Investments
BGN 40 M Invested in Bulgaria's 1st Appliances Recycle Plant
The first Bulgarian factory for the recycling of old electric appliances and equipment, the largest and most modern of its kind in Eastern Europe, was opened Monday in th...
Business
Knauf Launches Plasterboard Plant in Bulgaria
Knauf, the German supplier of construction materials, announced it has put into operation what is claimed to be the most up-to-date plasterboard plant in Bulgaria, locate...
Business
Bulgarian Plant Gets EUR 2 M Deal with Chinese Car Parts Maker
Chinese car parts manufacturer KSM Dongfang is going to purchase machines and equipment for EUR 1.8 M from the Ilinden factory located in Bulgaria’s Pleven. The deal betw...
Business
Bulgaria Succeeds in Signing Up China for Joint Industrial Zone
Bulgaria has managed to generate interest with Chinese companies and authorities for the setting up of a joint large-scale industrial zone at Bozhurishte near its capital...
Economy
Bulgaria Forecasts 10% Growth in Foreign Tourists' Number
The increase of the number of foreign holidaymakers during the summer season is expected to be about 10%, the Minister of Economy, Energy and Tourism, Traicho Traikov, to...
Business
Bulgaria's 1st Electric Light Truck Unveiled in Sofia
Bulgarian producer of electric and LPG forklifts Di-Ven Ltd has presented the first Bulgarian electric light truck. Di-Ven Ltd, which is stationed in the Danube town of L...
Economy
EurOmax Starts Diamond Drilling Program in Bulgaria
Canada-based mining company has started a diamond drilling program at its Breznik Gold Project in Bulgaria. The program which will total seven holes and approximately 1,0...
Economy
Carlsberg Becomes Number 2 on Bulgaria's Beer Market
The company Carlsberg Bulgaria currently ranks second on the Bulgarian beer market, after Zagorka AD, and ahead of Kamenitza AD. The results were reported Monday by the c...
Infrastructure
Bulgarian PM Woos Eurocrats for Infrastructure Projects
The second bridge over the Danube between Romania and Bulgaria, now constructed near Vidin, will make Bulgaria more attractive for Austrian and German investments, said D...
Business
Bulgaria Economy Grows 2.5% in Q1 y/y
Driven by strong exports, the Bulgarian economy expanded by 2.5% in the first quarter on an annual basis, well above analysts' forecasts, flash data of the statistics off...
Investments
French Company Saint-Gobain Weber Builds 2nd Factory in Bulgaria
French company Saint-Gobain Weber started Wednesday the construction of its second factory in Bulgaria. The ground-breaking ceremony for the factory located near Izvorsko...
Macroeconomic Data
Bulgaria To Avoid VAT Hike
Determined to consolidate the country’s budget deficit, Bulgaria’s Finance Minister Simeon Djankov has announced plans to implement a 20% cut in public spending, rather t...
Economy
In Bulgaria, household deposit rates fall faster than consumer loans
The annual decrease in Bulgaria’s local-currency household deposits was nearly thrice that on consumer loans in July, according to the latest Bulgarian National Bank (BNB...
Business
Bulgaria Ranked 48th Globally in Tourism Competitiveness
Bulgaria is 48th in terms of travel and tourism competitiveness out of 139 countries, according to a report of the World Economic Forum. The WEF ranking evaluates the cou...
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