Business
Bulgaria's Sopharma Breaks Ground of BGN 70 M Plant
Bulgarian pharmaceutical giant Sopharma has formally launched the construction of its new factory, an investment worth BGN 70 M, in Sofia on Thursday. The groundbreaking...
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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.
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Bulgaria Hopes to Restore Emissions Trading Rights by End-2010
Bulgaria may have its carbon emissions trading rights under the Kyoto Protocol restored by the United Nations in the next few weeks, a spokesman of the Environment Minist...
Business
Rezidor Opens First Park Inn Hotel in Bulgaria, No 100 in Chain
The Rezidor Hotel Group officially launched Tuesday evening Park Inn Sofia, the very first Park Inn property in Bulgaria, which happened to be the hundredth in the chain....
Business
EVN to Sign Contract for Bulgarian Hydro Power Plant in 2011 Q1
Austrian company EVN is expected to purchase a 70% stake in the Bulgarian hydro power plant project "Gorna Arda" from Turkish company Ceylan in the first quarter of 2011....
Rezidor Opens First Park Inn Hotel in Bulgaria, No 100 in Chain
The Rezidor Hotel Group officially launched Tuesday evening Park Inn Sofia, the very first Park Inn property in Bulgaria, which happened to be the hundredth in the chain....
Business
Bulgarian Cabinet Extends Deadline for Discounted Arrears
The Bulgarian government voted Wednesday an extension of the deadline the state has to refund discounted arrears to businesses to December 17, amidst an ever-growing amou...
Business
Bulgaria Redirects All Traffic to Greece through Secondary Route
Bulgaria's Interior Ministry has urged all drivers to use the Ilinden-Exochi crossing when traveling to and from Greece after the rising Struma River damaged the E-79, th...
Business
Bulgaria, China Ink Memorandum on High-Speed Railway
Bulgaria's Transport Minister Alexander Tsvetkov and China's Minister of Railways Liu Zhijun have signed a memorandum for bilateral cooperation in railway transport. The...
Business
Bulgaria Govt First Privatization Effort Kicks off Dec 14
The privatization tender, through which the state will seek to boost public revenues by some BGN 80 M, will take place 14-27 December, the Sofia stock exchange announced....
Bulgarian Banker Elected Deputy Head of European Public Banks Association
The European Association of Public Banks has elected as its Vice President the CEO of the Bulgarian Development Bank, Sasho Chakalski. Chakalski got elected to the top ma...
Business
Bulgaria, Morocco Ink Industrial Cooperation Agreement
Morocco and Bulgaria signed an agreement aimed at strengthening bilateral industrial cooperation at the institutional level and in terms of research and innovation Monday...
Business
Sofia Airport Registers 6% Passenger Increase
The airport of Bulgaria's capital Sofia has serviced 6% more passengers in 2010, compared to the previous year, according to the airport Director, Nikolay Kabakchiev. The...
Business
EBRD Provides EUR 150 M Credit Line to NBG Bulgarian Branch
The European Bank for Reconstruction and Development has provided a credit line of EUR 150 M to the United Bulgarian Bank, a subsidiary of the National Bank of Greece. Th...
Business
Sofia International Airport Expects BGN 14 M Profit in 2010
Sofia Airport, the largest of Bulgaria's four international airports, expects to end 2010 with a net profit of BGN 14 M, according to its Operations Director Nikolay Kaba...
Business
Bulgarian Pharmaceutical Giant Sopharma Invests BGN 70 M in New Factory
One of the largest Bulgarian pharmaceutical companies, Sopharma, has announced a massive investment into a new production plant. On December 9, 2010, the company will bre...
Business
PM: EU Funding for Struma Highway to Help against Floods
The construction of the Struma Highway will solve the problem with floods along the Struma River in Southwest Bulgaria, Prime Minister Boyko Borisov said. Commenting on t...
Business
Heirs Eye Shares in Bulgaria's Kamenitza Brewery after Win in Strasbourg
The European Court of Human Rights has ruled in favor of three Bulgarian nationals, who brought a case against Bulgaria, claiming to be successors to shareholders of a br...
Business
EBRD, UniCredit Bulbank Support Bulgaria's Chelopech Mine
The EBRD and UniCredit Bulbank announced they will support a modernisation programme and energy efficiency improvements at Bulgaria's Chelopech mine, the largest gold dep...
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