Business

Bulgaria’s Bank of the Year Association Organizes Conference on Banking Stability

An international conference titled “Banking stability” organized by the Bank of the Year Association will take place on December 3 at the National Archaeological Museum in Sofia.

Business » Finance | 47 minutes ago | Viewed: 124

Bansko Declared Bulgaria’s Best Winter Resort in 2014 World Ski Awards

Bansko has been declared Bulgaria’s best winter resort for a second year in a row in an online vote for the 2014 World Ski Awards.

Business » Tourism | 4 hours ago | Viewed: 310

Lot 2 of Bulgaria’s Struma Motorway to Be Ready by end-October 2015

The deadline for the completion of construction works at Lot 2 of the Struma motorway is October 2015, according to Bulgarian Regional Development Minister Lilyana Pavlova.

Business | 4 hours ago | Viewed: 325

57% of Bulgarian Companies to Pay Christmas Bonuses

The majority of companies in the industry sector will give their employees Christmas bonus payments, according to a survey of the Bulgarian Industrial Capital Association (BICA).

Business | 6 hours ago | Viewed: 335

Bulgaria Should Be Year-Round Tourist Destination – Minister

Bulgaria should become a year-round tourist destination, according to Tourism Minister Nikolina Angelkova.

Business » Tourism | 8 hours ago | Viewed: 516

Foreign Ministers of Serbia, Hungary Cite South Stream as Project of Mutual Interest

Serbian Foreign Minister Ivica Dacic and his Hungarian counterpart Peter Szijjarto have agreed that the South Stream gas pipeline is a project of mutual interest for the two countries.

Business » Energy | November 21, 2014, Friday // 21:12 | Viewed: 890

Bulgaria’s Advance Properties Acquires 100% Stake in Pharmaceutical Co Huvepharma

Rohatyn Group (“TRG”) has sold a 36.6% stake in pharmaceuticals companyHuvepharma AD to Advance Properties OOD.

Business | November 21, 2014, Friday // 16:45 | Viewed: 844

President Plevneliev Invites Polish Businesses to Invest in Bulgaria

Potential Polish investors can find attrractive investment opportinities in Bulgaria's hi-tech industry, car making, energy, agriculture, food production and tourism, Bulgaria's President Rosen Plevneliev has said.

Business | November 21, 2014, Friday // 13:58 | Viewed: 740

Bulgaria C-Bank Governor 'Likely to Resign end-November'

Bulgarian National Bank (BNB) governor Ivan Iskrov is likely to step down by the end of November, sources in Parliament say.

Business » Finance | November 21, 2014, Friday // 13:08 | Viewed: 1018

Bulgaria Plans to Reintroduce 10% Bank Deposit Interest Tax

Bulgaria plans to increase tax on interest earned on bank deposits to 10% from next year, restoring the levy to its initial level, the head of budget commitee in Parliament Menda Stoyanova has said.

Business » Finance | November 21, 2014, Friday // 08:39 | Viewed: 1049

Bulgaria's Tourism Minister Expects 4-5% Growth This Winter

Bulgaria's Tourism Minister Nikolina Angelkova told Dnevnik.bg that she expects a growth of 4-5% in the number of tourists this winter season.

Business » Tourism | November 20, 2014, Thursday // 18:37 | Viewed: 897

Sofia Gets EUR 400 M For Metro Extension

Bulgaria's capital Sofia will get EUR 400 M from the EU Operational Programme Transport and Transport Infrastructure 2014-2020 for the extension of the metro lines, said Transport Minister Ivaylo Moskovski, quoted by the ministry press office.

Business | November 20, 2014, Thursday // 17:57 | Viewed: 1040

Sofia Court Suspends Insolvency Proceedings Against KTB

Sofia City Court has said it will have to suspend insolvency proceedings against Corporate Commercial Bank, or KTB, following an appeal by majority owner Bromak.

Business » Finance | November 20, 2014, Thursday // 16:23 | Viewed: 1247

Bulgarian MPs Back Fast-Track Expropriation of Terrains for Socially Significant Projects

Legal changes envisaging fast-track expropriation of terrains on the route of socially significant projects passed first reading in Parliament on Thursday.

Business | November 20, 2014, Thursday // 13:09 | Viewed: 800

Bulgaria to Offer Combined Tour Packages with Neighboring Balkan Countries

Bulgaria will try to boost visitor numbers by offering combined tourism products including trips to neighboring Balkan countries.

Business » Tourism | November 20, 2014, Thursday // 11:42 | Viewed: 1039

South Stream 'No Longer A Priority' for Italy

Italy's Economic Development Minister Federica Guidi has said the South Stream gas pipeline project is no longer a priority for her country.

Business » Energy | November 20, 2014, Thursday // 09:49 | Viewed: 1113

Parliament Rejects Opposition Motions to Scrap Flat Tax

Bulgaria will keep its flat tax rate of 10%, Parliament has decided, rejecting motions to re-introduce progressive taxation.

Business | November 20, 2014, Thursday // 09:46 | Viewed: 742

Bulgaria's C-bank Unveils Two-Lev Coin

Bulgaria's central bank on Wednesday said it approved the design of a two-lev coin that will replace paper notes of the same face value next year.

Business » Finance | November 19, 2014, Wednesday // 21:59 | Viewed: 1687

KTB Majority Owner Appeals Banking Licence Withdrawal

The majority shareholder in Bulgaria's collapsed Corporate Commercial Bank, or KTB, has appealed the central bank's decision to scrap KTB's banking licence, frognews.

Business | November 19, 2014, Wednesday // 19:15 | Viewed: 1224

Bulgaria C-bank Orders Victoria Bank to Start Servicing Depositors from Dec 12

Bulgaria's central bank on Wednesday ordered administrators of Victoria Bank to resume servicing all depositors as of 12 December.

Business » Finance | November 19, 2014, Wednesday // 18:13 | Viewed: 1310

UK Skiing Holiday Maker Praises Bulgaria's Bansko

"Bansko is the perfect ski resort for an absolute beginner“, according to a UK tourist sharing her impressions of the “small medieval town in Bulgaria’s south west that has been rejuvenated by skiing.

Business » Tourism | November 19, 2014, Wednesday // 16:00 | Viewed: 1104