Economy
Sofia Municipality to Buy 50 New Electric Buses by 2012
Bulgaria's capital Sofia will replace 100% of its electric buses (trolley buses) within a year, according to Deputy Mayor in charge of transport Lyubomir Hristov. This me...
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
Economy
Bulgaria's Kozloduy NPP with Record Electricity Production in 2011 Q1
Bulgaria's only operational nuclear power units in the Kozloduy plant have registered their largest quarterly production of electricity in their history in January-March...
Economy
Bidders for Bulgaria's Largest Military Plant Required to Pay Off Its Debts
Candidates applying to buy VMZ Sopot, Bulgaria's largest but troubled military plant, will be eligible to bid for it if they demonstrate they have enough funds to cover i...
Economy
Bulgaria Sees 48% Increase in Natural Gas Production Dec 2010
Bulgaria's production of natural gas in December 2010 compared to November 2010 increased by 48.1% to 40 million cubic meters, according to the country's National Statist...
Economy
Sofia Municipality Eyes Bulgarian Govt's Stake in CEZ Power Utility
Sofia Municipality intends to start talks with Bulgaria's Economy Ministry in order to acquire the state minority stake in CEZ Electrorazpredelenie, the power utility sup...
Economy
Bulgaria to Hit Jackpot with Russian Tourists over Arab Unrest
Bulgaria can expects hundreds of thousands more Russian tourists than it welcomed in 2010 as the unrest in top Mediterranean destinations such as Tunisia and Egypt will r...
Economy
AES Launches Bulgaria's Galabovo TPP in April
US energy giant AES is going to launch its Bulgarian thermal power plant AES Galabovo by the end of April, after a delay of several months, but only with a part of its to...
Real Estate
Bulgaria's Shopping Mall Space with Largest Growth in Europe 2010
The space of offering in shopping malls in Bulgaria grew by 475% in 2010 year-on-year, according to a Cushman & Wakefield report announced by its local partner Forton Int...
Economy
Bulgaria, Russia Go for 3-Month Moratorium in Tangled Last-Minute Talks on Belene NPP
Bulgarian and Russian state companies have rushed for a last-ditch effort in the negotiations for the fate of the Belene nuclear power project on March 31, the day when t...
Economy
Bulgaria's Energy Watchdog Ups Gas Prices by 4.5% for Q2
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has decided to increase the natural gas price for the second quarter of 2011 by 4.47%. DKEVR's final d...
Economy
Bulgaria's Hunting Tourism Gains Momentum
Bulgaria's hunting tourism is enjoying growing local and international interest, according to participants in the 17th annual "Nature, Hunting, Fishing" Expo in the city...
Economy
Bulgarian Govt Delays BA Oil Pipeline Decision by 2 More Months
Bulgaria's Environment Ministry has given the Trans-Balkan Pipeline company two more months to complete its report on the environmental impact of the Burgas-Alexandroupol...
Economy
Bulgaria to Finalize Bulgartabac Privatization in 3 Weeks
The privatization deal for Bulgaria's state cigarette-maker Bulgartabac will be completed in 3 weeks, according to a senior government official. Emil Karanikolov, head of...
Economy
Bulgarian Govt to Sell Minority Stake in Kempinski Sofia
Bulgaria's government is going to sell its 7.58% share of the Kempinski Hotel Zografski, one of the five-star hotels in Sofia. The state has already included its minority...
Business
Jordan Invites Bulgaria to Help It Rebuild Iraq
Jordan's Minister of Industry and Trade Hani El-Mulki has invited Bulgarian businesses to help the reconstruction of the Iraqi economy together with Jordanian companies....
Infrastructure
Bulgarian PM Tosses Brand-New Idea for New National Stadium
Bulgaria's Prime Minister Boyko Borisov has surprised the media and the public by announcing a new idea for the location of a new national stadium to replace the Vasil Le...
Infrastructure
Bulgarian Govt Eager to Launch 2nd Sofia Metro Line Ahead of Schedule
The construction of the second line of the Sofia Metro is two months ahead of schedule, and will most likely be launched in June 2012, according to eager representatives...
Bulgaria's Role in Eurozone ESM Bailout Fund under Fire
The Bulgarian government's decision to join the newly set-up European Stability Mechanism, the permanent euro zone bailout fund, has come under fierce criticism by respec...
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