Business
Bulgaria Solid Fuels Output Up 1.2% in March m/m
Bulgaria has witnessed a 1.2% monthly increase in the production of solid fuels to 2885 000 tons in March 2011, while the production of liquefied petroleum gas (LPG) has...
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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
Politics
Euro Zone Exit of Member State Inevitable - Soros
The eventual exit of a member state from the euro zone is probably inevitable, billionaire investor George Soros has said, but declined to name the country. "There was no...
Business
Bulgaria Looks Forward to Record Numbers of Romanian, Polish Tourists
Bulgaria's Black Sea resorts expect an even higher number of Romanian tourists in summer 2011, according to hotel managers. "Figures are already indicating that there wil...
Business
Radisson Blu in Sofia to Open New Commercial Zone
Radisson Blu in Sofia will soon be featuring a renovated commercial zone, announced Colliers International, consultant of the project. The hotel will offer a variety of p...
Economy
Bulgarian Archaeologist: Biblical Deluge Might Boost Black Sea Tourism
The Black Sea could turn in a worldwide attraction for underwater tourism if countries cash on the story that the Biblical Deluge happened in the area, according to Bulga...
Financial
Romanians Flock to Pay Taxes in Bulgaria's Ruse
More and more Romanian citizens decide to register their businesses and pay their taxes in the Bulgarian Danube city of Ruse, according to the Balkan country's national r...
Business
Bulgaria, China Ink IT Cooperation Memorandum
Bulgaria and China signed a memorandum on mutual cooperation in the sphere of Information Technologies Friday. Broadband technologies, e-government, joint research projec...
Infrastructure
Electric Power Station Launched in Bulgarian Beach Resort
Bulgaria's Prime Minister, Boyko Borisov and Economy and Energy Minister, Traicho Traikov, are opening Saturday the first stage of the building of a new electric power su...
Investments
Bulgaria's 1st Open Air Mall to Be Built in Burgas
The Black Sea city of Burgas will feature Bulgaria's first "open-air mall" as the shopping mall project dating back to 2008-2009 will be unfrozen. "The Strand" shopping m...
Economy
Bulgaria Gives Up on Trying to Make Gas Pipe to Turkey Part of Nabucco
The Bulgarian government is no longer trying to make the future gas interconnection between Bulgaria and Turkey a section of the EU-sponsored gas transit pipeline Nabucco...
Business
Subsidiaries in Bulgaria, Romania Fund Greek Parent Companies - Nomura
Romanian and Bulgarian subsidiaries of Greek banks have been funding their parent companies in the local market, analysts at Nomura Research Institute have observed. Acco...
Economy
Bulgaria's Economy Minister Upbeat about Bulgartabac's Privatization
The privatization of the Bulgarian state-owned cigarette produce Bulgartabac will be successful thanks to the privatization criteria, according to Economy Minister Traich...
Economy
Bulgaria Expects 10% More Tourists in Summer Season
Bulgaria expects a 10% growth in tourists, according to Deputy Economy Minister in charge of tourism Ivaylo Marinov. In an interview for the morning broadcast of the Bulg...
Economy
Burgas-Alexandroupolis Oil Pipeline Gets Further 2-Month Delay
The highly controversial project for the construction of the Burgas-Alexandroupolis oil pipeline has been delayed further as the Bulgarian Environment Ministry has return...
Investments
Bulgaria Vivacom to Invest BGN 600 M to Expand Network
Bulgarian telecoms operator Vivacom plans to invest BGN 600 M over the next three years to develop its fibre-optic internet network and improve its services, the company...
Economy
Bulbrokers to Broker EVN Bulgaria Stake Sale, CCBank - EVN
Bulbrokers, a local financial and investment company, has been picked to broker Bulgaria's 33% stake sale in Austria's EVN AG unit, while Central Cooperative Bank - the s...
Economy
Bulgaria Reports Moderate Progress in Cutting Red Tape
Bulgaria's Council of Ministers has approved a report on the implementation of the Action Plan for Reducing Administrative Burden by 20% by end-2012. The set of measures...
Real Estate
Bulgaria Ranked 6th in World by Property Price Drop
Bulgaria's real estate market is ranked sixth in the world by the property price drop in the first quarter of 2011, according to a study of the global property services a...
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