Economy
Sofia City Hall to Extend Paid Parking Hours
The Center for Urban Mobility at the Sofia City Hall plans to extend the paid parking hours in downtown Bulgaria's capital to 8 pm on workdays. Currently parking in the s...
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
Greek Tobacco Plant Open Doors in Bulgaria's Sandanski
Bulgaria’s Economy Minister Traicho Traikov and Greece’s Deputy Prime Minister Theodoros Pangalos opened Saturday a new tobacco processing plant in the Bulgarian town of...
Business
Bulgaria's Business Climate, Industry Forecasts Improve in January
Bulgaria's composite business climate index improved by 1.9% in January compared with December 2010. The index is already 6.6 percentage points over its lowest value in t...
Economy
Bulgarian IT Market to Near USD 1 B in 2011
Bulgaria's IT market will grow by an annual average of 6% in 2011-2015, according to the Bulgaria Information Technology Report 2011 of Business Monitor International (BM...
Economy
Bulgarians' Interest in Online Shopping Doubles Y/Y
The number of Bulgarians who have made online purchases more than once a month in the last year went up two times, according to a poll of "Gemius Bulgaria." The poll has...
Economy
New Jersey-Based Company Acquires Land for Solar Plants in Bulgaria
Euro Solar Parks, Inc., a company based in New Jersey, USA, has announced the completion of its acquisition of two land properties for solar parks in Bulgaria. The strate...
Macroeconomic Data
Bulgaria Introduces Flat 9% Value-Added Tax in Tourism April 2011
The ruling majority in Bulgaria's Parliament has voted down a proposal for a several-month delay in the introduction of a flat 9% value-added tax (VAT) in the tourism sec...
Economy
Bulgaria Launches Online Tourist Calendar
The Bulgarian Ministry of Economy, Energy and Tourism has launched an online calendar listing interesting tourists sites and events. The calendar has a web address - www....
Economy
Bulgaria to Go Ahead with Privatization of Its Largest Military Plant
The troubled VMZ Sopot factory, which is Bulgaria's largest defense industry plant and was once the pride of its military-industrial complex, will be put on the privatiza...
Business
Bulgarian-Japanese Business Forum Held in Tokyo
A Bulgarian-Japanese business forum was held in Tokyo Monday within PM Boyko Borisov's official visit to Japan. The meeting was co-organized by the Tokyo Chamber of Comme...
Economy
Japanese Agriculture Minister Fan of Bulgarian Yogurt
Japan is very interested in importing chicken meat from Bulgaria, Agriculture Minister, Miroslav Naydenov, announced Tuesday. Naydenov, who is in Japan with the official...
Economy
Bulgaria's Residential Property Prices Down 33% in 2 Years
The average price of residential properties in Bulgaria is down by over 33% compared to the market peak in 2008, data of the National Statistics Institute (NSI) and the R...
Economy
Bulgaria to Boost Green Employment
The Bulgarian government will subsidize companies who offer green jobs and hire unemployed people for an at least 6 month period. This was announced Monday at a joint pre...
Investments
Bulgaria Eager to Draw Japan's EU Trade to Its Black Sea, Danube Ports
Japanese companies are exploring opportunities to use the Bulgarian ports on the Black Sea and the Danube for their trade with the European Union, according to the Bulgar...
Economy
Toshiba Offers Bulgaria Massive Renewable Energy, Smart Grids Project
Japan's Toshiba Corporation has offered Bulgaria a large-scale project in the field of renewable energy, "smart electricity grids" and electric cars. As part of a visit o...
Investments
Citigroup Funds Acquire 37% in Bulgaria's Huvepharma
Emerging markets private equity investor CVCI, a subsidiary of the alternative asset management division of investment bank Citigroup, has acquired a 37% stake in Huvepha...
Financial
Bulgaria May Hold Referendum on Direct Taxes in 2013
Bulgaria, which has the lowest personal and corporate income tax in the EU at 10%, may change the levels of direct taxes after a referendum in 2013, a bill of the finance...
Economy
Domino's Pizza Plans Three Restaurants in Bulgaria by 2012
The US-based pizza maker and distributor, Domino's Pizza, which entered Bulgaria at the beginning of January, plans to open another two restaurants by the end of the year...
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