Macroeconomic Data
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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.
Macroeconomic Data
Business
Bulgaria to Ink Deal with Turkey, China for High-Speed Railway
Bulgaria will very soon sign an agreement with Turkey and China on the construction of a high-speed railway, which will utilize the transport of Chinese goods to the EU....
Bulgarian Ski Resort Announces Unchanged Prices for New Season
Borovets, one of the top Bulgarian ski resorts, has announced its prices for the 2010-11 winter season, which have not been raised from last year. The season in Bulgaria'...
Business
Norway's Bergen Considers Bulgaria's Northwest for Investments
A delegation from Bulgaria's Northwest, the poorest EU region, has participated in a specially designed investment forum in Bergen, Norway. The delegation of representati...
Financial
BNB Head: Bulgaria's Finances Stable despite Doomsayers' Slander Campaign since 2008
Not a single one of the dozens of doomsday scenarios forecast for Bulgaria's economy and state finances by foreign and Bulgarian observers has materialized, central bank...
Business
Bulgaria's Watchdog Oks M-Tel Acquisition of 2 Major ISPs
The Bulgarian Competition Protection Commission (CPC) has given the green light to the acquisition of leading Bulgarian internet service providers, Megalan Network and Sp...
Business
Profit of Bulgarian Port Burgas Meager but Rising
One of Bulgaria's two major Black Sea ports, Port Burgas, expects to end 2010 with a profit of BGN 2 M. This would mean an increase of profit by 203% compared with 2009,...
Business
Bulgarian Experts Found Association for Geotechnical and Tunnel Construction
Bulgarian specialists in the field of geotechnical and tunnel construction have established a specialized association in Sofia. The new Bulgarian Association for Geotechn...
Financial
Fitch Confirms BBB- Rating of Bulgarian Development Bank
International credit rating agency Fitch has confirmed the long-term foreign-currency rating of the Bulgarian Development Bank at BBB-. The rating of the bank is the same...
Financial
Major Turkish Bank to Enter Bulgarian Market
Turkiye Is Bankasi AS, the largest private bank in Turkey, intends to open a branch in Sofia through its subsidiary based in Germany, Isbank GmbH. This has become clear f...
Business
Bulgaria's PM to Open Rehabilitated Deadly Road Junction
Bulgaria's PM Boyko Borisov will open Tuesday the rehabilitated road junction near the town of Byala in the Ruse region in northern Bulgaria. The works were made possible...
Rosatom Claims Ready to Provide Fuel for Bulgaria's Belene NPP
Russian state nuclear energy company Rosatom has announced it was ready to provide nuclear fuel for Bulgaria's Belene nuclear power plant for the whole period of its expl...
Bulgaria, Romania to Build Natural Gas Link
Bulgaria and Romania have planned the project for the construction of an inter-system link for the transfer of natural gas in the section Ruse-Giurgiu. This was stated du...
Business
Bulgaria to Launch Ferry to Georgia
Bulgaria will launch a direct ferry link with Georgia, Bulgarian Finance Minister Simeon Djankov announced. This is a step intended to improve the mutual economic relatio...
Bulgaria, Greece to Have Full Gas Interconnection 2013
Bulgaria and Greece have signed Tuesday a contract for interconnection of their natural gas networks that must be built by 2013, announced Bulgarian Minister of Energy Tr...
Financial
Bulgarian Finance Minister Heads to Georgia
Bulgaria's Finance Minister Simeon Djankov is on a three-day visit to Georgia, the Financial Ministry announced. On Monday, Djankov is going to participate with a public...
Raiffeisen Allowed to Buy Bulgaria's Mall Varna
Bulgaria's Competition Protection Commission has approved the request of Austria's biggest banking group, Raiffeisen Zentralbank Austria AG to buy out the Mall Varna shop...
Bulgaria, Russia Ferry Line Sees Staggering Freight Traffic Growth
The only direct Bulgaria-Russia transport line – the Varna-Port Kavkaz ferry – has seen an increase of freight traffic of 332% in 2010 so far, year-on-year. This data was...
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