Financial
Major International Banks to Enter Bulgarian Market
Major international banks have submitted notifications of intent to work in Bulgaria to the Bulgarian National Bank. A total of 190 credit institutions have expressed int...
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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.
Financial
Texas Science Institute: Bulgaria Has Bright Future in HiTech
Bulgaria has a great potential in the development of high technologies and should consistently pursue it, according to Texas Institue of Science CEO Laslo Olah. Olah spok...
Business
Russia Reiterates Warnings for Bulgaria over Burgas-Alexandroupolis
Russia is reiterating talk of suing Bulgaria over foiling the project to build the Burgas-Alexandroupolis oil pipeline, according to Russian Energy Minister, Sergey Shmat...
Bulgaria Approves Joint Investment Venture with Qatar
Bulgaria's Parliament has approved the setting up of a joint venture between the Bulgarian "National Company Industrial Zones" and the Qatar Investment Authority. The fut...
Belgian Retailer Seeks Deal with Balkan-Wide Supermarkets
Belgian retailer Delhaize is expected to acquire 50% of Serbian conglomerate Delta Holding, which owns the chain Piccadilly, operating in Bulgaria. Financial Times report...
Business
Bulgaria, China's Jiangsu to Ink Economic Cooperation Memorandum
The Bulgarian government has accepted a draft memorandum on economic cooperation with east China's Jiangsu province. Exchanging information on investment policies, opport...
Financial
Bulgaria Writes Off 77% of Zimbabwe's Debt
Bulgaria's government decided on Wednesday to waive USD 6.3 M or 77% of Zimbabwean debt, which has not been serviced in the past 20 years. The remainder of Zimbabwe's deb...
Real Estate
Bulgaria Properties 13th Most Attractive to British Buyers
Bulgaria has made it to the thirteenth spot in a new ranking of property markets, which remain popular for foreign mortgages among Britons. The Bulgarian market has attra...
Economy
Green Economy Forum to Open in Sofia
A forum dedicated to the importance of green economy for Bulgaria will be organized on Tuesday in the capital Sofia. International experts, Bulgarian politicians, busines...
Business
Bulgaria, Serbia Ink Economic Cooperation Protocol
A bilateral protocol on economic cooperation was signed between Bulgaria and Serbia on Tuesday. The document was inked by Bulgaria's Minister of Transport and IT Alexande...
Infrastructure
EC Slates EUR 250 M for Sofia Metro
The European Commission is slating funds from the EU operational program Transport in the amount of EUR 250 M for the metro construction in the Bulgarian capital Sofia. T...
Business
Hungary's Elmib to Build EUR 30 M Solar Park in Bulgaria
The investment will be handled by Elmib Bulgaria, the Bulgarian subsidiary of Hungary's Elmib, announced Elmib CEO Peter Reicher, the Budapest Business Journal reported c...
Business
Bulgarian Summer Resort Albena Expects 20% More Germans
The Bulgarian Black Sea resort Albena is expecting a 20% increase of German tourists this summer, in comparison to last year. Yovka Strashilova, Deputy Director in the Sa...
Financial
Bulgarian FinMin Focuses on 'Financial Stability Pact', Leaves Euro Bid Aside
Bulgaria's Finance Minister Simeon Djankov plans to dedicate all of his efforts to the passing of Constitution amendment guaranteeing stable state finances, known as the...
Business
Saudi Arabia Business Keen on Direct Bulgaria Flights
The Saudi Arabian business wants direct flights to Bulgaria to be launched, Dr. Fahad Al-Sultan , Secretary General for the Council of Saudi Chambers of Commerce and Indu...
Business
Bulgarian Hotel Revenues Up 4% Q4 2010 Y/Y
The number of overnight stays of Bulgarians in hotels and mountain cabins is down by 0.2% or 2 300 during the last quarter of 2010, compared to the last quarter of 2009....
Ideal Standard Completes Merger of Bulgarian Subsidiaries
The two affiliates of Ideal Standard International that operate in the Bulgarian town of Sevlievo were formally merged in one company, officials have announced. The merge...
Business
Serbia Confirms Interest in Investing in Bulgaria's Belene Nuclear Plant
Serbian Prime Minister Mirko Cvetkovic has confirmed his country's continued interest in acquiring a share of Bulgaria's future second nuclear power plant "Belene". The e...
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