Investments
Dutch Company to Invest in Bulgarian Solar Power Park
Dutch company Infinity Energy Holding AG will invest EUR 50 M in a solar power installation near the Bulgarian town of Devnya, near the Black Sea city of Varna. The annou...
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 Inks Agriculture Accord with Turkmenistan
Bulgaria and Turkmenistan signed an agreement on cooperation in the Agricultural sector on Thursday. The document was inked by Bulgaria's deputy Agriculture Minister Tsve...
Investments
Bulgaria's Burgas Mayor: Investors Eager for New Industrial Zone
Bulgarian and foreign companies are constantly inquiring with the city of Burgas for plots, which is why the Burgas Municipality has moved to set up a new industrial zone...
Investments
Bulgaria's Oldest Cosmetics Producer Offered on Sale for BGN 10 M
Bulgaria's oldest and largest cosmetics producer "Alen Mak" is on sale for about BGN 8-10 M, according to one of its creditors. The Plovdiv-based Alen Mak ("Scarlet Poppy...
Investments
Toshiba May Invest EUR 350 M in New Thermal Power Plant in Bulgaria
Japanese corporation Toshiba has declared interest in building two new thermal power facilities in Bulgaria's Maritsa East TPP complex, Economy Minister Traicho Traikov h...
Investments
Bulgaria to Set Up New Industrial Zone in Black Sea Port Burgas
A new industrial and logistics zone will be set up in Bulgaria's Black Sea city and port of Burgas by the local municipality administration and the state-owned "National...
Macroeconomic Data
Bulgaria Registers January Export Growth to Non-EU Countries
In January 2011, the Bulgarian exports to third countries increased by 74.1% compared to January 2010 and amounted to BGN 1.3 B. The data was released by the National Sta...
Economy
Bulgaria's Sofia Airport Sees 10 000 Passenger Increase y/y February 2011
A total of 243 107 passengers have been registered at the Bulgarian Sofia Airport in February 2011, which is a 10 000 increase year on year. This increase was due both to...
Economy
Sofia Mayor: Property Tax Changes Effective in 2012
The property tax campaign in Sofia is still on the table and will be carried out despite the issue with incorrectly calculated dues for part of the capital's residents. T...
Business
Bulgarian Export to EU Up by 25% in 2010 Y/Y
In 2010 the Bulgarian exports to the EU increased by 25% compared to the previous year and amounted to BGN 18.6 B, according to preliminary data by the Bulgarian National...
Investments
Bulgaria's Perperikon Sanctuary Receives BGN 1 M
The check for BGN 1 M is being presented to the Kardzhali City Hall Friday for the Thracian rock sanctuary Perperikon, which ranked second in the Bulgaria's Miracles cont...
Economy
Tour Operators Highly Optimistic about Bulgaria's Tourism in 2011
Large tour operators expect a substantial growth of bookings for vacations in Bulgaria by European tourists. Representatives of TUI, ITS, and Neckermann have met with Bul...
Investments
Black Sea Devt Bank to Invest up to EUR 150 M in Bulgaria by 2014
The Black Sea Trade and Development Bank (BSTDB) may provide up to EUR 150 M by 2014 for investments in Bulgaria through its credit lines, according to the Finance Minist...
Investments
Bulgaria Starts Economic Cooperation with Second Key Chinese Province - Jiangsu
Bulgaria's government has signed an economic cooperation memorandum with a second Chinese provice, Jiangsu, after establishing close ties with Zhejiang in 2010. The docum...
Investments
Italian Company to Build Ball Valves Plant in Bulgaria
The Italian company "O.M.S. Saleri" is planning to invest EUR 15 M in building a plant for ball valves manufacturing in the Bulgarian northwestern city of Vratsa. On Thur...
Economy
Awards Bestowed to Winners of 'Bulgaria's Miracles' Contest
March 9 is to be declared the Day of Bulgaria's Miracles, it was announced during the award ceremony for the winners of the Bulgaria's Miracles contest. The initiative be...
Economy
Car Sales in Bulgaria Register Increase Jan, Feb 2011
The market of new cars registered a serious increase in the first two months of 2011, according to data from the Association of Car Importers in Bulgaria. The data showed...
Investments
Finnish Investment to Make Bulgaria World's Top Ski Producer
Bulgaria will be making between 15% and 20% of the total annual production of ski in the world thanks to the investment in a local factory by Finnish company Amer Sports....
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