Business
Industry Watch: Bulgarians Financial Wealth Up by 11% Y/Y
Bulgarian households' financial wealth has increased by nearly BGN 4 B over the past year, according to Sofia-based consultancy Industry Watch. Industry Watch's report "P...
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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.
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Bulgaria to Have New Renewable Energy Act
Bulgaria's new Renewable Energy source act will be ready in two weeks, the country's Energy Minister has stated. The act aims at meeting the mandatory targets set by EU's...
Business
German WAZ Sells Bulgarian Newspapers to Austrian Co
The company "BG Privateinvest" is the new owner of the two of the leading Bulgarian dailies "Trud" (Labor), "24 Chasa" (24 Hours), and the weekly "168 Chasa" (168 Hours),...
Business
CEZ to Build Network of Electric Cars Charging Stations in Sofia
The introduction of electric cars in Bulgaria will be encouraged through creating a network of charging stations, a memorandum states. The memorandum between Sofia's mayo...
Business
Generali Buys Minority Stakes in Bulgaria's Corporate Bank
Two units of Italian insurer Assicurazioni Generali SpA have acquired minority stakes in Bulgarian lender Corporate Commercial Bank AD, the bank announced. Generali condu...
Business
South Korean SDN Builds EUR 150 M Solar Park in Bulgaria
Bulgaria's economy minister will launch officially on Tuesday the construction works of a EUR 150 M, 45-megawatt solar park in central Bulgaria, near the city of Veliko T...
Business
Ernst & Young: Bulgarian GDP to Grow 3.6% in 2011, 6% in 2012
Ernst & Young, one of the world's leading professional services companies, expects that the Bulgarian economy will grow by 3.6% in 2011, the same growth rate forecast by...
Business
Korean Companies Plan to Invest EUR 500 M in Bulgaria
Representatives of major companies from South Korea have informed Bulgarian Prime Minister Boyko Borisov of their large-scale investment plans for the country at a meetin...
Business
Polyglot Police Patrols Keep Eye on Bulgarian Winter Resorts
Bulgaria's Interior Ministry is sending to the country's winter resorts police patrols whose members speaks up to three foreign languages, Minister Tsvetan Tsvetanov, inf...
Business
Bulgaria's Freight Flights See Boost in November
A record 13% increase has been indicated in Bulgaria's flights in November 2010, most notably in freight transportation . As many as 300 flights with cargo planes have be...
Business
Demolition of Illegal Constructions Continues in Sofia Region
The Bulgarian Directorate for National Construction Supervision (DNSK) has announced it is starting to remove the illegal constructions near the Iskar Reservoir. The remo...
Business
Bulgaria's NEK to Enter Telecommunications Sector
Bulgaria’s National Electric Company (NEK) is preparing a tender for remittance of part of its telecommunications network, the company’s CEO Krasimir Parvanov has announc...
Business
Economy Minister: Bulgarian Winter Tourist Season Will Be Strong
Bulgaria's 2010/11 winter tourist season will be stronger than the last one, according to Minister of Economy Traicho Traikov. Traikov, who is also responsible for Bulgar...
Business
Bulgaria Doubles Electricity Export in 2010
Bulgaria has marked a record high of sales of electricity abroad in 2010, doubling the amount sold for the previous year. For 2010, Bulgaria will have exported 7500 GWh,...
Business
AmCham Road Show to Lure US Investors to Bulgaria in May 2011
AmCham Bulgaria is staging a business road show in the USA in May 2011 together with the US Ambassador to Bulgaria James Warlick and the Bulgarian Ambassador to the USA E...
Business
Major TV Channels to Air Reportages on Bulgaria Tourism
The major TV channels National Geographic, Eurosport and Euronews is sending TV crews to Bulgaria to shoot reportages on tourism in the country, the Bulgarian Economy Min...
Business
Greeks Increase Interest in Bulgarian Businesses
The regional office of the real estate company "Foros" in the southwestern Bulgarian city of Blagoevgrad has registered an increased interest by Greek clients in the last...
Business
Bulgarian Economy Performs Better Than Expected in 2010 Q3
Bulgaria's economy registered slightly better results in the third quarter of 2010 that the initial data sets of the National Statistical Institute (NSI) indicated last m...
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