Business
Bulgaria Restructures State Railway Co into Holding
Bulgarian state railways company BDZ will be restructured into a holding company, informed the Transport Ministry. According to a decision signed by Bulgarian Transport M...
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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.
Business
Business
Bulgaria Seeks to Lure China with Port Concessions
Bulgaria's Transport Minister Alexander Tsvetkov has been welcoming in Beijing by his Chinese counterpart Li Shenglin. The Bulgarian delegation led by Tsvetkov has presen...
Business
Bulgaria's Lumber Industry Picks Up, Furniture Lags Behind
Bulgaria's lumber industry has started to overcome the effects of the economic crisis but the furniture manufacturing is still declining, according to participants in the...
Siemens Likely Strategic Investor in Bulgaria's Belene NPP
German company Siemens is most likely the new strategic investor in Bulgaria's Belene nuclear power plant, sources said. Bulgaria's PM Borisov on Monday, following Parlia...
Bulgarian Wine Industry Attacks Brazil's Market
Bulgaria's Agriculture Ministry has announced its expectations for at least 10% increase of the wine export in 2010, in comparison to last year. At a press conference on...
Green Shoots of Revival for Bulgaria Construction Sector 'Next Year'
A mix of global slow-down, restricted financing and withdrawing investors have brought Bulgaria's construction sector to a stalemate, but entrepreneurs hope that the firs...
Business
Great Wall JV to Produce Florid, Coolbear, Hover 5, Wingle in Bulgaria
Florid and Coolbear sedans, the Hover 5 SUV and the Wingle pickup are the four different vehicle models, which Chinese car maker Great Wall Motor Co and Bulgarian company...
Business
Bulgaria to Pour BGN 1.7 B in Infrastructure in 2011
Bulgaria's government is planning a total investment of about BGN 1.7 B in infrastructure construction in 2011. The figure was revealed by Regional Development Minister R...
Economy
Russia's Mechel Acquires 100% in Bulgaria's Russe Heating Utility
Bulgaria's competition watchdog said it would allow Russian mining and steel conglomerate Mechel to buy out 51% of the shares it does not own yet in the heating and power...
Investments
Bulgaria Secures German Investor for Belene Nuclear Plant
Bulgarian will for sure build its second nuclear power plant at Belene, Parliament Chair Tsetska Tsacheva has declared. After Bulgaria's government of the center-right GE...
Business
Bulgaria's Bansko Named World's Best Value Ski Resort
Bansko, Bulgaria's biggest ski resort, is the second-cheapest resort for British skiers in the world, according to new research by the Post Office. Poiana Brasov in Roman...
Economy
Gazprom, Bulgaria Sign 'South Stream' Agreement
The Russian Gazprom and the Bulgarian Energy Holding (BEH) have signed an agreement for the execution of the technology and economy validation of the Bulgarian segment of...
Economy
Bulgaria's Nuclear Plant Back in Business by November 6
The spare parts needed by Bulgaria's Nuclear Power Plant (NPP) Kozloduy arrived in Bulgaria overnight with an IL-16 aircraft of the "Volga-Dnepr" airline, the Bulgarian N...
Business
Bulgaria-Made Chinese Cars Hit EU Market in Febr 2011
China's car maker Great Wall Motor Co and Bulgaria's Litex Motors will roll off their first vehicles in the plant in the town of Lovech, Northern Bulgaria, in February 20...
Macroeconomic Data
Ruling Party Confident in Bulgaria's 2011 3.6% GDP Growth
MP Menda Stoyanova, head of the budget and finance committee of the Bulgarian Parliament, has expressed confidence that the 3.6% GDP growth project for 2011 will be reali...
Financial
Bulgaria to Introduce Flat 9% VAT in Tourism April 2011
Bulgaria will introduce a flat 9% value-added tax (VAT) in the tourism sector as of the beginning of April next year under amendments that parliament adopted at first rea...
Investments
EBRD Wraps Up Visit to Bulgaria, Investments Total EUR 2 B
The European Bank for Reconstruction and Development has invested over EUR 2 B in various sectors of the country's economy since the beginning of its operations in Bulgar...
Macroeconomic Data
Japan's JCR Raises Bulgaria Outlook to Stable
Japanese credit rating agency JCR on Friday affirmed its BBB rating on Bulgaria's foreign currency long-term senior debts and BBB+ rating on the country's local currency...
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