Politics
UN Chief Fascinated with Bulgaria's Plovdiv Old Town
UN Secretary-General Ban Ki-moon has completed his two-day Bulgarian visit in the southern city of Plovdiv where he was amazed at the history and architecture of the Old...
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.
Politics
Economy
Nabucco Pipeline Delayed for 2 Years over Natural Gas Supplies
The much-anticipated EU-sponsored Nabucco gas transit pipeline will be delayed by two years, the Nabucco consortium has announced raised doubts of increasing uncertainty...
Business
Bulgarian Business Commits to UN Social Responsibility Pact
Representatives of Bulgarian business made Friday social commitments to the UN, in the presence of the organization's Secretary General, Ban Ki-moon. The memorandum for c...
Infrastructure
Bulgaria to Use EU Danube Money for Metro Expansion
A part of the money within EU's Operational Program Transport intended for the enhancement of Danube's shipping, will be used for the expansion of Bulgarian capital Sofia...
Economy
Ayala's IMI Buys Out EPIQ Assets in Bulgaria, Mexico, Czech Republic
Integrated Micro-Electronics Inc. (IMI), the electronics manufacturing services unit of Philippines-based company Ayala, is buying out EPIQ NV's assets in Bulgaria, Mexic...
Business
Bulgarian State Railways' Loss Declines in 2011 Q1
The losses generated by the Bulgarian State Railways BDZ in the first quarter of 2011 declined substantially, BDZ executives announced. The company, which is notorious fo...
Economy
Bulgarian Govt to Privatize Railway Freight Services
Bulgaria's Cabinet is taking steps in order to privatize the freight services of the state railway company BDZ, according to Vladimir Vladimirov, chair of the Board of Di...
Financial
Finance Ministry Hopeful Moody's Will Up Bulgaria's Rating
Moody's Investors Service is currently reviewing Bulgaria's credit rating and is likely to boost it, the credit agency says in a regular report cited by the Bulgarian Fin...
Economy
Shocked Investors: New Law Shatters Bulgaria's Renewable Energy Sector
Bulgaria's newly adopted Renewable Energy Act contradicts the Constitution and EU law, and will shatter the country's energy future, according to the Bulgarian Wind Energ...
Real Estate
Bulgaria's National Palace of Culture to Become Public Company
The Bulgarian National Palace of Culture (NDK) in downtown Sofia is to become a public company, the country's Council of Ministers decided Wednesday. NDK will be a state...
Investments
Bulgaria's King's Tobacco Confirms Interest in Bulgartabak
Bulgarian cigarette maker King's Tobacco has confirmed its interest in the privatization of the country's state tobacco giant Bulgartabac Holding. "Provided that we meet...
Financial
Deal for Bulgaria Stock Exchange Sweetened Up - Head
The decision of Bulgaria's government to pack together its stakes at the stock exchange and the depository has sweetened the deal for the bourse, its executive director a...
Economy
Bulgarian-Chinese Car Models Debut in Veliko Tarnovo
Two of the cars of the Chinese motor company Great Wall to be made in the Bulgarian city of Lovech made their debut, the site "Automedia.bg" informs. The models Hover and...
Financial
'Tax Freedom' Day Arrives in Bulgaria on May 4
Bulgarians will work to pay their taxes until May 4, 2011, according to a publication of the Institute for Market Economy. The so-called "Tax Freedom Day" is a symbolic d...
Financial
10 Richest Bulgarians Pay BGN 4.5 M in Taxes at Deadline
The ten Bulgarians who have declared the highest income for 2010 will pay BGN 4.5 M in taxes, the National Revenue Agency, NRA, announced Monday. The data comes from the...
Economy
Russia Halts Oil Export, Bulgaria Demands Guarantees
Bulgaria's Economy and Energy Minister, Traicho Traikov, has asked for guarantees from Russia for enough fuels for the country's market amidst reports that the Federation...
Business
Bulgaria's Agriculture Sector with Impressive Export Growth in 2010
Bulgaria's agriculture sector appears to be taking off, according to data presented by the Agriculture Ministry and the National Statistical Institute. Agriculture is one...
Real Estate
Bulgaria's Sofia Starts 'Unfreezing' Its Construction
Vast construction projects in the Bulgarian capital Sofia, such as malls, office buildings, trade centers and residential buildings have been launched again as the financ...
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