Business
Bulgarian Textile Industry Up by 18-22% for 2 Months
Representatives of the Bulgarian textile industry have stated they have been overwhelmed with orders and they had to turn down some of them due to lack of capacity. The B...
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.
Business
Business
Bulgaria Mushrooming Malls Top EU List
Bulgaria ranked first in the European Union in the number of new shopping malls in the first half of the 2010, a report by Cushman and Wakefield consultancy showed. While...
Investments
Bulgaria Confirms to Eye Investor for Stock Exchange
The increase of the Bulgarian government's share in the country's only stock exchange will lead to the sale of its majority stake to an industry investor, the bourse's ex...
Investments
Bulgarian President Woos Chinese Nuclear Energy Funding
Bulgarian President Georgi Parvanov and the Governor of the Chinese province of Guangdong Wang Yang discussed opportunities for Chinese investment in Bulgarian nuclear en...
Business
Bulgaria's M-Tel Acquires 2 Internet Companies
The leading Bulgarian operator Mobiltel has signed pre-arrangements for the acquisition of two Bulgarian cable operators, Megalan Network and Spectrum Net. The price of t...
Bulgarian Construction Co Wins Bid for Sofia Beltway
Bulgaria's top construction company "Glavbolgarstroy" will continue to build the southern loop of Sofia's beltway. The company's bid for the 2.14-km section between the "...
Economy
Bulgaria's Revenue Agency to Sell Seized Properties
The Bulgarian National Revenue Agency (NAP) has announced tenders in some cities for properties that have been seized. The NAP office in the Bulgarian Black Sea city of B...
Business
Russia's Ural Airlines to Launch Yekaterinburg-Sofia Route
The Russian Ural Airlines has announced it will start executing weekly flights from Yekaterinburg to Sofia from October 1, the Russian news agency ITAR-TASS reported. The...
Macroeconomic Data
Bulgaria Eyes 2.5% Budget Deficit for 2011
Bulgaria aims to have a budget deficit of 2.5% of gross domestic product and a growth of 3.6% in 2011, according to a budget draft, cited by reports. In June, the center-...
Business
D-Link to Launch Internet TV Box in Bulgaria in November
Taiwanese hardware maker D-Link announced it has decided to go for an international launch of its Internet TV box in a number of countries, including Bulgaria. Boxee Box...
Business
Cleves Acquires Major New Luxury Apartment Project in Sofia
Cleves, the luxury Sofia apartment rental company, has acquired an outstanding new building in the Iztok borough of Sofia with 34 apartments and a Class A suite of office...
Business
China Tycoon 'Eyes' Deal with Oger for Bulgaria's Vivacom
Chinese telecoms and media tycoon Richard Li is considering a deal with Dubai-based Oger Telecom as he tries to retain control of Bulgaria's top fixed-line operator Vivac...
Business
Chinese Car Plant in Bulgaria to Roll off First Vehicles 2011
China's vehicle maker, Great Wall Motor Co and Bulgaria's Litex Motors will start production in the plant in the town of Lovech, Northern Bulgaria, in 2011, Litex Motors...
Investments
Bulgaria, China to Create Joint Company for Industrial Zone Project
The Bulgarian and Chinese parties have reached an agreement to create a joint company to operate the future business zone to be built in Bozhurishte nearby Sofia. Bulgari...
Business
EVN Starts Construction of New Electric, Heating Plant in Bulgaria
Bulgaria's Prime Minister Boyko Borissov and Lower Austria Chancellor Erwin Proell broke ground Monday for a new co-generation facility in Plovdiv, Southern Bulgaria. The...
Economy
Expenses for Employment in Bulgaria Up by 8,2% Q2
Bulgarian employers' expenses for employment have increased by 8,2% in the second quarter of 2010 in comparison to the same period last year, statistics showed. According...
Economy
Bulgaria's Export to EU Up by 17% in 2010 H1
Bulgaria's export to the other EU member states registered a substantial growth in the first half of 2010. In January-June, it grew by 17.4% reaching BGN 8 B. At the same...
Investments
UK Fund Set to Open Electric Car Plant in Bulgaria by 2011
UK investment fund Quorus Ventures will open Bulgaria's first factory for electric cars by the end of 2010. This has been announced by Encho Enev, a Bulgarian consultant...
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