Economy
Bulgaria Raises BGN 24 M More from Gambling in 2010
Bulgaria raised 24% more state revenues from gambling in 2010 than it did in 2009, according to the State Commission on Gambling. In 2010, Bulgaria's total tax revenue fr...
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.
Economy
Investments
Toshiba to Open EMEA Office in Bulgaria
Japanese corporation Toshiba will open a regional representation in Bulgaria that will handle its operations in Central and Eastern Europe, the Middle East, and North Afr...
Financial
Bulgaria Registers BGN 669 Average Salary 4Q 2010
During the fourth quarter of 2010, the average monthly salary in Bulgaria went up by 4.9% compared to the third quarter, to reach BGN 669. The data was released Friday by...
Investments
Bulgarian Company to Build EV Charging Stations in Sofia, Top Resorts
Bulgarian company REnergY has announced plans to construct 15-20 charging stations for electric vehicles in the capital Sofia. REnergY's pilot project entitled "Electromo...
Investments
Dozen Strategic Investors Bid for Bulgaria's State Tobacco Giant
About a dozen strategic and financial investors have declared interest in the privatization of Bulgaria's state cigarette producer Bulgartabac Holding, according to Econo...
Investments
Bulgaria Aspires to Become 'Player' in Electric Cars Devt
Bulgaria's government has hopes the country will be able to assume a leading innovation role with respect to the development and use of electric cars, Economy Minister Tr...
Economy
Bulgaria's Export Regains Momentum, Annual Trade Deficit Shrinks 40%
Bulgaria ended 2010 with a trade deficit that is 42.5% lower than the one in 2009, according to preliminary date of the National Statistical Institute. Thus, in 2010, Bul...
Business
Bulgaria Boosts Exports to EU in January-November 2010
Bulgaria has registered a 23.8% boost in its exports to other EU member states year on year in the period January – November 2010, according to the National Statistical I...
Investments
Bulgaria Invites Investors from Northern Ireland
Bulgarian Minister in charge of EU funds absorption Tomislav Donchev has invited firms from Northern Ireland to do business in Bulgaria. Four construction sector companie...
Infrastructure
Bulgaria to Have High-Speed Railway Lines by End of 2013
By the end of 2013, Bulgaria will have railway lines for high-speed transport of both passengers and freight, said Milcho Lambrev, Director General of National Railway In...
Financial
Agefi: Americans Turn Bulgarians to Avoid Taxes
Americans are giving up their citizenship in order to obtain Bulgarian or Austrian passports, the Swiss financial daily "Agefi" claims. The grounds for this decision are...
Business
Bulgaria Back in Emissions Trade Game as It Regains Kyoto Accreditation
Bulgaria has achieved the much desired restoration of its accreditation for the international trade with greenhouse gas quotas by the UN Committee for Compliance with the...
Business
Bulgarian Expert Chosen to Moderate Top PR Debate of World Forum in Davos
Bulgarian public relations expert Maxim Behar has been selected to moderate the opening debate of the World PR Forum in Davos, Switzerland. The World Forum for Communicat...
Economy
Western Bulgaria's Utility CEZ to Invest BGN 59 M in 2011
The Czech-owned electricity provider of Sofia and Western Bulgaria CEZ plans to invest a total of BGN 59 M in its network and capacities in 2011. The CEZ investments only...
Investments
Bulgaria's Largest Mall to Pop Next to 1st IKEA Store
The breaking ground for the largest so far shopping mall in Bulgaria will be made in June 2011, in the area of the southern loop of the capital Sofia's beltway. The news...
Bulgaria to Seek Strategic Investor for Largest Military Factory
Bulgaria will be looking for a strategic investor for its largest weapons factory, VMZ Sopot, which has been scheduled for privatization. This a major win for Minister of...
Construction
Sofia Citizens to Enjoy 5 New Shopping Malls by 2013
Five more shopping malls will open doors in Sofia in the next 2-3 years, according to real estate company GVA Sollers Solutions. Construction works have already begun for...
Investments
Israel to Invest in Bulgarian Agriculture Production
Israeli holding, named Bulgarian Agriculture Properties, is planning to invest in the vegetables production and processing sector in the Bulgarian city of Yambol. As a re...
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