Bulgaria's government is about to establish a company that will take care of the construction of the country's first hi-tech park, Sofia Tech Park, Bulgarian Economy Minister Delyan Dobrev has announced.
Serbia is Bulgaria's most serious competitor for attracting foreign direct investment, Bulgarian Economy Minister Delyan Dobrev stated at the "Bulgaria: Business UP" investment conference in Sofia Friday.
IT, logistics and agriculture are Bulgaria's competitive sectors that are most attractive for investments, according to Kiril Petkov, General Manager of Bulgarian Development Company.
Sofia Tech Park, Bulgaria's first hi-tech park, will be fully completed in 2015, according to Evgeni Angelov, Advisor to Bulgarian President Rosen Plevneliev on investments and economy matters.
Bulgaria's government is mulling the introduction of new incentives for foreign investors, including measures to stimulate exactly the creation of new jobs, Borislav Stefanov, head of the InvestBulgaria Agency, announced at the "Bulgaria: Business UP" con
It is high time for the state and the business sector to wake up and to start working together so that Bulgaria gains worldwide popularity as a top business destination, Maxim Behar, a prominent Bulgarian media and public relations expert, has advised.
Bulgaria's major and most important advantage for attracting foreign investors are its low taxes, Bulgarian Economy Minister Delyan Dobrev stated at the opening of the first Bulgaria: Business UP investment conference.
The First International Investment Conference "Bulgaria: Business Up" is taking place in the Bulgarian capital Sofia on Friday.
Fitch ratings agency warned on Friday that all euro-area countries would face the risk of a downgrade if Greece exits the 17-nation single currency bloc.
Bulgaria should undertake urgent reforms in its healthcare and retirement systems in order to improve its competitiveness, according to Andrea Casini, Deputy chairmain of the MB and Chief Operative Officer at Unicredit Bulbank.
More and more issuers are focusing their attention to the Warsaw Stock Exchange, according to Alexander Bebov, Managing Director at Balkan Advisory Company.
The European Commission has revised sharply downwards its forecast for Bulgaria's economy, estimating it is to grow just 0.5% this year.
Bulgaria's finance minister has voiced satisfaction with the conclusions of the latest IMF mission, though conceding that the situation was not very rosy.
Bulgaria stands out in its region when it comes to macroeconomic, financial, and banking stability, Bulgaria's Deputy Finance Minister Boryana Pencheva stated at the opening of the "Bulgaria: Business UP" investment conference.
Bulgaria's energy sector is a mix of a number of success stories and shortcomings and hurdles, it emerged Friday during a panel discussion held in the frame of the first Bulgaria: Business UP investment conference.
The project company for the construction of unit 7 of the Kozloduy NPP, "Kozloduy NPP- New Capacities", has been established with an initial capital of BGN 2 M divided into 200 000 shares.
Bulgaria will become the largest producer of ski in the world by 2013, the industrial manager of Amer Sports Bulgaria Yordan Lambrev announced at the Bulgaria: Business UP investment conference in Sofia.
Bulgarian company Litex Motors and its Chinese partner Great Wall Motors plan to produce 50 000 cars per year within five years, announced Anton Dontchev, Litex Motors' representative in China, at the Bulgaria: Business UP conference.
Bulgaria is overall attractive for business investors due to low taxes, stable fiscal system, low labor cost, but still needs to eliminate bureaucracy, corruption and reform the judicial system in order to do better.
The average monthly salary in the first quarter of 2012 increased by 8.9% year on year, while the number of employees under labor contracts declined by only 2.1%, according to preliminary data of the Bulgarian National Statistical Institute (NSI).
A light earthquake with a magnitude of 2.9 on the Richter scale has been registered 250 kilometers southeast of Sofia and 20 kilometers south of Krumovgrad, according to the European Mediterranean Seismological Center.
Tobacco-addicted Bulgarians will protest on Sunday against the ban on smoking in all enclosed public spaces, due to be enforced as of June 1.
Manchester United's Bulgarian striker Dimitar Berbatov has no intention in playing for a Premier League club next season, according to his agent, Emil Danchev.
The son of well-known Bulgarian businessman Grisha Ganchev has been charged with involvement in an organized crime group and tax evasion, according to unconfirmed information.
Four of the six detained on suspicion of participating in a VAT draining scheme in the sugar industry have been charged and will remain under arrest for 72 hours, according to Interior Minister Tsvetan Tsvetanov.
Bulgaria's infamous mobsters known as the "Galevi brothers" stand no chance to escape from justice and it would only make it worse for them if they keep hiding, according to Bulgarian Prime Minister Boyko Borisov.
The Specialized Prosecutor's Office will decide Friday whether to press charges against the people arrested on suspicion of VAT fraud in the sugar industry.
Lenny Kravitz, the world famous singer and multi-instrumentalist, will be back in Bulgaria in September, just as he promised his exalted fans here four years ago.
Bulgaria's teens have gone crazy with excitement over the stay of US starlet Selena Gomez and recent rumors that Justin Bieber may also be coming to the Balkan country for the weekend.
An International Monetary Fund (IMF) mission visited Sofia during May 2–9, 2012, to discuss economic developments and government policies with the Bulgarian authorities.
From Gadling.
Some 2 000 anti-Putin activists have gathered at a three-day old camp at a square in downtown Moscow’s trendy Chistye Prudy neighborhood
Foreign direct investments, which Turkey attracted in 2011, were up by 76% over the previous year, Turkish Prime Minister Recep Erdogan said on Friday.
Most windows on the second of the Macedonian government's building in Skopje have been broken by protesting ethnic Albanians, according to Macedonian media.
Rescue teams have recovered 14 bodies from the crash site of the Russian Sukhoi Superjet 100.
Massive protests are expected to take place in Macedonia on Friday, as ethnic Albanians in the country are concerned with the police operation that followed last month's brutal murder of five men.
British intelligence played a key role in preventing an attempt to blow up a U.S.-bound airliner using a new type of explosive hidden in the underwear of a suicide bomber.
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