Economy
Bulgaria's Unemployment Rate Crawls Down
Bulgaria's unemployment rate has seen a negligible drop in July 2011, latest data of the State Employment Agency shows. A total of 315 375 persons were officially registe...
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
Bulgarian Machine Building Plant Invests to Boost Production Capacity
The "Dynamo" factory in the Southern Bulgarian city of Sliven, a leading producer in the automotive and machine-building industries, plans to invest over BGN 0.5 M to boo...
Economy
Rompetrol Expands Own Gas Stations Network in Bulgaria
Romanian oil company Rompetrol has opened its 58th gas station in Bulgaria, amidst plans to boost its presence on the Bulgarian market. The newly opened Rompetrol gas sta...
Unilever Buys Out Bulgaria's 2nd Largest Ice Cream Company
Unilever Central and Eastern Europe has bought out "Darko", the second largest distributor and producer of ice cream in Bulgaria. Unilever and the Balkan Accession Fund (...
Economy
Bulgaria's Industrial Production Index Up 2.2% in June Y/Y
Preliminary data, released Monday by the Bulgarian National Statistics Institute, NSI, showed that the seasonally adjusted Industrial Production Index is down by 1.5% in...
Economy
Sofia with Most Beautiful Downtown Metro Stations in Europe
Bulgaria's capital Sofia will have some of the most beautiful downtown metro stations in Europe, according to Head of the Sofia Metropolitan Company, Stoyan Bratoev. The...
Financial
Bulgarian PM: US Debt Crisis Is Warning against Populism
The downgrading of the US credit rating by S&P is a sign the current times are not times for populism, according to Bulgaria's Prime Minister, Boyko Borisov. Borisov made...
Bulgaria to Be Adversely Affected by Euro, US Debt Crises - Analysts
Bulgaria will not fail to feel the effects from the debt crises that have grappled the USA and the Eurozone, according to local economy analysts. The downgrading of the U...
Sofia Dedicates Downtown Street to Pedestrians
Bulgarian capital Sofia closed down popular downtown Shishman Street for car traffic, leaving it open for pedestrians starting Saturday on through August 31. The move is...
Bulgaria Expects 14% Growth of Tourists on Black Sea
According to estimates, 6.6 M tourists will have visited the Bulgarian Black Sea by the end of the season in August. This means a growth of the number of tourists by some...
Business
Bulgaria Among Top 10 Developing Countries for Adventure Tourism
Bulgaria features on the top 10 of destinations for adventure tourism among developing countries, a survey of George Washington University in Washington DC has found. Amo...
Business
Google's Phone Calling Service Launches in Bulgaria
Bulgarian Gmail users can make low-cost calls from within the popular e-mail service to a traditional landline or mobile phone number as of August 4. A year after Google...
Economy
Bulgaria to Sue Russia in Geneva over Belene Project
Bulgaria's state-run power grid operator has threatened to sue in Geneva Russia's state nuclear company Atomstroyexport over delayed payments on planned Belene nuclear pl...
Business
Bulgarians Promised Lower Mobile Prices End-Year
Bulgarians, who pay the highest prices for mobile calls across the European Union, will welcome the new year with good news for lower bills from their mobile operators, t...
Investments
Bulgaria Moves to Create 3rd International Black Sea Airport
The Bulgarian Cabinet created Wednesday a limited state company for the management of Balchik Airport, following up on plans to transform the idling military facility int...
Infrastructure
Sofia City Hall Becomes Owner of Capital's Central Park
The lively Sofia Central Park, known as Borisova Gradina, named after Bulgaria's last king, Boris III, became Wednesday property of Sofia City Hall. The decision was made...
Business
Bulgarian Energy Minister Demands Lukoil Cartel Probe
Bulgaria's Economy and Energy Minister, Traiko Traikov, has requested a probe of the Commission for Competition Protection, KZK, into a possible monopoly on the jet fuel...
Investments
Russia Confirms VTB Bank Interest in Bulgaria's Bulgartabac, Plans Resale
Russian authorities have confirmed that the country's second-biggest bank VTB plans the acquisition of a majority stake in Bulgaria's cigarette maker Bulgartabac, local m...
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