Business

Bulgaria Reports Double Increase in Tourist Numbers Ahead of Summer Season

There has been double increase in the number of tourists visiting Bulgaria before the official start of the summer season.

Business » Tourism | 7 hours ago | Viewed: 665

Putin: Russia Still Interested in Building Pipelines to Europe

Russia is interested in deepening cooperation with Greece, but also in continuing to build pipelines in Europe, President Vladimir Putin made clear during his meeting with Greek Prime Minister Alexis Tsipras on Friday.

Business » Energy | May 28, 2016, Saturday // 14:11 | Viewed: 1056

Moody's Upgrades Bulgarian Energy Holding's Rating

Moody's Investors Service has assigned a provisional Ba1 corporate family rating to the Bulgarian Energy Holding EAD (BEH), with a stable outlook.

Business » Energy | May 28, 2016, Saturday // 08:57 | Viewed: 914

Russian Gas Pipeline To Greece Might Pass Through Bulgaria - Alexander Novak

Russian Energy Minister Alexander Novak said on Friday that the natural gas pipeline planned to run from Russia across the Black Sea to Greece and Italy might pass through Bulgaria or Turkey.

Business » Energy | May 27, 2016, Friday // 19:57 | Viewed: 1650

Online Store to Appeal Fine Imposed by Bulgaria's Competition Regulator

In an official statement distributed to media on Friday, online store eMAG informed that it will appeal the recent decision of Bulgaria's Commission for Protection of Competition (KZK) to fine the company over misleading advertisement campaigns.

Business | May 27, 2016, Friday // 17:57 | Viewed: 1144

Bulgaria's Competition Watchdog Fines Online Store Owner

The Commission for Protection of Competition of Bulgaria has slapped online retailer eMAG with a hefty fine over misleading advertisement.

Business | May 27, 2016, Friday // 13:29 | Viewed: 1228

Arrivals of Foreign Visitors to Bulgaria Up in April

An increase in the number of people visiting Bulgaria from abroad was registered in April, national statistics show.

Business » Tourism | May 27, 2016, Friday // 11:50 | Viewed: 1506

Bulgaria's Ex-President Backs Russian Pipeline via Country

Bulgaria should host a Russian pipeline to avoid becoming a "periphery" in the energy sector, President (2002-2012) Georgi Parvanov said on Thursday.

Business » Energy | May 27, 2016, Friday // 07:46 | Viewed: 1544

Bulgaria's Fibank Repays BGN 1.2 B State Aid

Bulgaria's First Investment Bank (Fibank) has repaid the BGN 1.

Business | May 26, 2016, Thursday // 17:12 | Viewed: 1375

EU Commission Backs Construction of Bulgaria's "Balkan" Gas Hub

The European Commission backs the construction of Bulgaria's "Balkan" gas hub, which is projected to extract natural gas from the Black Sea.

Business » Energy | May 26, 2016, Thursday // 14:36 | Viewed: 1868

EU Energy Commissioner to Arrive on Two-Day Visit to Bulgaria

EU Commissioner for Climate Action and Energy, Miguel Arias Canete, will pay a two-day visit to Bulgarian on Thursday and Friday.

Business » Energy | May 26, 2016, Thursday // 10:12 | Viewed: 1485

Bulgarian Parliament Endorses Plans to Aid Indebted Local Governments

Bulgaria’s central government will be able to extend interest-free loans to cash-strapped local governments, the Parliament has decided.

Business | May 25, 2016, Wednesday // 20:54 | Viewed: 1202

Bulgaria’s 2015 Arms Exports Top EUR 640 M, Up 50% Y/Y

Bulgarian exports of military hardware increased by more than 50% last year compared with 2014, a government official has said.

Business » Industry | May 25, 2016, Wednesday // 18:59 | Viewed: 1631

Bulgaria’s Services Turnover Index Picks up 8% Y/Y in Q1 2016

The turnover index in Bulgaria’s services sector adjusted for the number of workdays rose by 8% year-on-year for the first quarter of 2016, the National Statistical Institute (NSI) announced on Wednesday.

Business | May 25, 2016, Wednesday // 16:03 | Viewed: 1210

Four Foreign Retailers Face Cartel Probe in Bulgaria

Bulgaria's Commission for Protection of Competition (KZK) has launched a probe into a suspected cartel agreement between four foreign retail chains operating in the country.

Business | May 25, 2016, Wednesday // 14:11 | Viewed: 2696

Amnesty International: Bulgaria Is One of Egypt's Biggest Arms Suppliers

In an article released on Wednesday, Amnesty International claims that thirteen of the EU's 28 member states have ignored EU-wide suspension on arms transfers to Egypt and remain among Cairo's main suppliers of arms and policing equipment.

Business | May 25, 2016, Wednesday // 10:02 | Viewed: 1723

Royal Clipper Arrives in Bulgaria’s Varna Port

The Royal Clipper, one of the world’s most luxurious sailing ships, has arrived in Bulgarian Black Sea port of Varna on Sunday, opening this year’s cruise season.

Business » Tourism | May 22, 2016, Sunday // 16:38 | Viewed: 2875

Tourist Trips by Bulgarian Residents Decrease 4.8% Y/Y in Q1 2016

A total of 550,200 Bulgarian residents made tourist trips in the first quarter of 2016, a decrease of 4.8% compared to the equivalent period of 2015, the state statistical office NSI has said.

Business » Tourism | May 22, 2016, Sunday // 10:30 | Viewed: 1925

World Bank Approves 2017-2022 Partnership Framework for Bulgaria

The World Bank has endorsed the new partnership framework for Bulgaria for the next six years aimed at strengthening institutions for sustainable growth and investing in people.

Business » Finance | May 20, 2016, Friday // 12:01 | Viewed: 3097

Bulgaria Can Use South Stream Project Co.’s Assets in Planned Gas Hub - Energy Minister

The project company for the abandoned South Stream gas pipeline project has valuable assets which Bulgaria can use in view of plans to build a gas hub on its territory, Energy Minister Temenuzhka Petkova has said.

Business » Energy | May 20, 2016, Friday // 10:53 | Viewed: 2716

Assets Managed by Investment Funds in Bulgaria Grow 2.6% Y/Y in March

The assets managed by resident and non-resident investment funds operating in Bulgaria increased by 2.

Business » Finance | May 20, 2016, Friday // 09:21 | Viewed: 2395