Business
Bulgaria to Finalize Shale Gas Contract with Chevron in Days
Bulgaria will finalize shale gas exploration talks with US Chevron and seal a contract in the next few days, Energy Minister Traicho Traikov has announced. Traikov partic...
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
Economy
Russia Mulls Freezing South Stream Gas Line
Moscow could soon freeze temporarily its gas pipeline project "South Stream" and increase gas export to Europe thanks to Germany as a reliable partner. The information wa...
Investments
Bulgaria, Romania Set Stage for Massive Danube Hydro-Energy Projects
Bulgaria and Romania's economy ministers have discussed two large-scale hydro-energy projects on the Danube, whose future realization is said to harbor great economic pot...
Economy
Bulgaria's Tourism Optimistic about 2011
Bulgaria's touristic branch expects good results 2011, according to Blagoy Ragin, chair of the country's organization of hotel and restaurant owners. However, this year's...
Macroeconomic Data
Bulgaria with 0.9% Budget Deficit in 2011 H1, Reserve Slightly Up
Bulgaria has completed the first half of 2011 with a budget deficit of 0.9% its GDP, according to latest data from the Finance Ministry. Thus, in January-June 2011, Bulga...
Infrastructure
Bulgaria's Neglected Northern Highway Revived with Start of New Section
The Bulgarian government has launched the construction of an 8-km section of the Hemus Highway, which is supposed to connect Sofia and Varna through Northern Bulgaria. Th...
Infrastructure
Sofia City Hall Wants to Become Owner of Central Park
The Sofia City Hall is going to request to become the manager of the Sofia Central Park known as Borisova Gradina. The news was reported by the Mayor of Sofia, Yordanka F...
Business
Bulgaria Set for Boom in Electric Cars, Converted Vehicles Industry
The large-scale industrial conversion of conventional cars into electric vehicles is expected to become Bulgaria's new major industry, a special report of Novinite.com (S...
Business
Logwin Starts Bulgarian Office, Sees Bulgarian Economy 'In Upswing'
Luxembourg-based international logistics service provider Logwin has started a Bulgarian subsidiary with high hopes for the Bulgarian economy, according to a company stat...
Business
Lukoil Hikes Bulgaria's Fuel Prices
Fuel prices in Bulgaria has reached new highs after Lukoil Bulgaria announced new minor increases. The wholesale price of the most widely use gas fuel A95 has reached BGN...
Politics
Bulgarian Ex Interior Minister Denies Lukoil Involvement in Smuggling Schemes
Bulgarian left-wing MP Rumen Petkov has rejected allegations that Lukoil participates in smuggling schemes. In a Sunday interview for the Bulgarian National Radio (BNR),...
Investments
Spanish Co to Build New National Stadium in Sofia
A Spanish company presented in the capital Sofia several large-scale projects for new sports facilities. The projects are for a new national stadium and two others – one...
Business
400 000 British Tourists Expected to Flock to Bulgaria 2011
Some 400 000 British tourists will have visited Bulgaria by the end of 2011, Catherine Barber, current Charge d 'Affairs of Great Britain in the Balkan country' has state...
Business
Bulgarian Spa Company Set to Conquer Chinese Market
Nola 7, Bulgaria's leading spa company signed a strategic cooperation agreement with its Chinese partner Beijing LSJH, receiving green light to make a major step into the...
Real Estate
Bulgarian Winter Resort Property Prices Collapse Further
The properties on sale in Bulgarian winter and ski resorts are continuing to go down, according to an analysis of Bulgarian Properties, a real estate agency. The demand f...
Business
Bulgartransgaz CEO Appointed Head of Nabucco Bulgaria
The newly-appointed CEO of state-owned Bulgartransgaz company, a subsidiary of Bulgargaz, Kiril Temelkov will also be in charge of the Bulgarian firm for the realization...
Business
Foreigners Fancy Bulgaria's Cultural, Spa Tourism
Cultural and spa activities are considered the most attractive forms of tourism among the foreign tourists in Bulgaria, according to a poll conducted by Synesta Consortiu...
Financial
Five Banks to Offer Preferential Loans to Bulgarian SMEs under JEREMIE Initiative
Five banks will offer loans on preferential terms to Bulgaria's business sector under the JEREMIE initiative. On July 14, Bulgarian Minister of Economy, Energy and Touris...
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