WAZ Asssets in Bulgaria to Go Public - New Owner
The publisher of the two wide-circulation Bulgarian dailies - Trud and 24 Hours - is set to become a public company as its shares will be listed on the country's stock ex...
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.
Financial
Bulgaria's Finance Ministry Boasts Miniature Budget Surplus in March
Bulgaria registered a miniature budget surplus in March after substantial deficits in the first two months of the year, according to preliminary data of the Finance Minis...
Business
Sopharma Owner, Partner Win Battle for WAZ Asssets in Bulgaria
Bulgaria's competition watchdog said it has given the green light to the acquisition of WAZ Mediengruppe assets in Bulgaria by Ognyan Donev and Lyubomir Pavlov, who were...
Investments
Concession to Push Bulgarian-Romanian Danube Bridge II Project
The Spanish FCC company, building contractor of Danube Bridge II between the Bulgarian port Vidin and the Romanian Calafat, has received a concession to extract construct...
Business
Lebanon's Hariri Family to Take Over Bulgarian Telco Vivacom
The Lebanese company Oger Telecom will take over Bulgarian Vivacom within a month, according to unconfirmed reports. Oger is owned by elite Lebanese family Hariri, which...
Politics
Burgas Mayor: We Don't Want Turkish NPP Near Border
The mayor of Bulgarian city of Burgas Dimitar Nikolov has spoken out against Turkish possible plans to build a NPP nearby the Bulgarian border on the Black Sea. Turkey is...
Business
Bulgaria's Construction Sector to Return to Growth, 2.9% in 2011
After a substantial contraction for two years, Bulgaria's construction sector will start growing again in 2011, according to the "Bulgaria Infrastructure Report Q2 2011"...
Economy
2 Fuel Distributors in Bulgaria Fined over Cartel Probe
Bulgaria's anti-trust commission has fined two fuel distributors over their failure to cooperate in a probe into an alleged fuel price cartel that was launched amidst dri...
Economy
Buyer Pays in Full for Bulgaria's Obsolete Steel Mill
The Eltrade Company has wired to the Bulgarian Bank for Development, BBD, the amount of BGN 284 399 500 for the purchase of the bankrupt Kremikovtzi steel mill, located n...
Investments
Accor, MHQ Partner in New Hotel, Office Complex in Bulgaria's Sofia
Accor, a leading global hotel operator and market leader in Europe, has started a new project in Bulgaria in partnership with the Bulgarian investment company MHQ. Accor'...
Business
Dilma Rousseff's Gabrovo Bulgaria's Best City for Doing Business
Gabrovo, located in the north-central part of the country, is Bulgaria's best city for doing business, showed a ranking compiled by the Sofia-based Institute for Market E...
Infrastructure
Sofia City Hall Launches Bicycle Path in Mladost District
Sofia will soon have a brand-new bicycle path, connecting the "Mladost 4" district with the last metro stop in "Mladost 1," the Mayor of Sofia, Yordanka Fandakova, announ...
Economy
Bulgaria Earned BGN 17 M from Port, Airport Concessions in 2009
Bulgaria's state budget made almost BGN 16.8 M from the concessions of port and airport terminals in 2009, according to final reports of Bulgarian institutions, the gover...
Business
Bulgaria Sees More Foreign Tourists Already, High Hopes for Summer
The number of foreign tourists who visited Bulgaria in the first two months of 2011 grew by 6%, year-on-year, a senior official announced at the opening of the Cultural T...
Business
Bulgaria Moves Up in Global IT Development Ranking
Bulgaria has moved three spots ahead in the global information technology report of the World Economic Forum, and is now ranked 68th out of 138 countries. In last year's...
Economy
Bulgaria, Areva Sign Cooperation Memorandum
The Bulgarian Energy Holding (BEH) and the Areva company signed a cooperation memorandum covering crucial spheres of the country's energy sector on Wednesday. Bulgaria ma...
Financial
Bulgarian Govt Plans to Bring Deficit Down to 0.5% by 2014
Bulgaria's Cabinet has approved its budget forecast for 2012-2014 which stipulates a gradual reduction of the budget deficit while ruling out tax increases. According to...
Business
Properties Residential Property Prices in Sofia Down by 10% Q1
The residential property deals in the Bulgarian capital Sofia have witnessed price falls of 10% in the first quarter of this year in line with the general steep contracti...
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