Business

Bulgarian Food Safety Agency Head Dismissed amid Extortion Allegations

Plamen Mollov, Executive Director of the Bulgarian Food Safety Agency (BFSA), has been dismissed at the proposal of Agriculture Minister Desislava Taneva.

Business | May 22, 2015, Friday // 20:51 | Viewed: 1266

Average Wage in Bulgaria Increased 4-fold in 2000-2015

The average wage in Bulgaria increased four times from BGN 225 to BGN 800 over the past 15 years.

Business » Finance | May 22, 2015, Friday // 20:34 | Viewed: 1512

Bulgaria’s State-Owned Maritsa East 2 TPP Reported Loss of BGN 38.6 M in 2014

Bulgaria’s state-owned thermal power plant Maritsa East 2 registered pre-tax loss of BGN 38.6 M for 2014.

Business » Energy | May 22, 2015, Friday // 17:05 | Viewed: 921

Bulgarian Farmers Hit By Russia Sanctions May Expect Compensations Totaling EUR 398 000

Fruit and vegetable growers in Bulgaria may expect compensations of up to EUR 398 000 from the EU for the losses incurred as a result of the sanctions imposed on Russia and the country’s response to that policy, according to Deputy Prime Minister Tomislav

Business | May 22, 2015, Friday // 16:15 | Viewed: 1189

Bulgarians Completed Less Tourist Trips in First Quarter of 2015

The number of Bulgarians, who completed tourist trips in the first quarter of 2015, decreased with 15 % compared to the same period last year.

Business » Tourism | May 22, 2015, Friday // 15:19 | Viewed: 948

Bulgaria Backs Idea for Gas Ring with Romania, Hungary, Slovakia

Bulgaria, Hungary, Romania and Slovakia have signed a joint declaration supporting the idea to link their countries’ gas transmission systems, Hungary’s Foreign Minister Péter Szijjártó announced on Thursday evening.

Business » Energy | May 22, 2015, Friday // 12:43 | Viewed: 1322

Bulgaria Wins “Most Impressive Borrower in CEE” Award    

Bulgaria has won the top spot in the Most Impressive Borrower in Central & Eastern Europe category of GlobalCapital Bond Awards 2015, the Finance Ministry in Sofia announced on Thursday.

Business » Finance | May 21, 2015, Thursday // 16:44 | Viewed: 1417

Fast Food Chain, Bulgarian Food Safety Agency Clash over Extortion Allegations

Fast food chain Aladin Foods OOD has accused the Bulgarian Food Safety Agency (BFSA) of extortion, while the Agency has insisted that the company fails to meet safety and hygiene standards.

Business | May 21, 2015, Thursday // 15:59 | Viewed: 2187

Rose Harvesting Campaign Begins in Bulgaria, Poor Yield Expected

The campaign on the harvesting of the rose flowers has began in the region of Kazanlak, which is known as the Rose Valley of Bulgaria.

Business | May 21, 2015, Thursday // 15:15 | Viewed: 1319

German-Bulgarian Chamber of Industry, Commerce Opposes Changes to Competition Law

The German-Bulgarian Chamber of Industry and Commerce (GBCIC) has risen against a set of proposed changes to the Competition Protection Act

Business | May 21, 2015, Thursday // 15:04 | Viewed: 1209

Bulgaria Engineering Union Refutes 'Suspended Cooperation' Claims

The Bulgarian engineering union has received no open letter from its Russian counterpart in which the latter declines cooperation.

Business | May 21, 2015, Thursday // 14:37 | Viewed: 1083

Bulgarian Russian Intergovt Commission to Meet in October - Report

The Bulgarian-Russian intergovernmental commission will hold its first meeting since 2011 in October, according to Petar Kanev, Chair of the Parliament’s economic committee.

Business | May 21, 2015, Thursday // 12:55 | Viewed: 1028

Over 1 Million Bulgarians Have Monthly Income of up to BGN 340

A total of 1 019 939 Bulgarian citizens have an average monthly income of up to BGN 340, according to data of the National Revenue Agency (NRA) for 2014.

Business » Finance | May 21, 2015, Thursday // 11:20 | Viewed: 1549

Russian Business Body Declines Cooperation with Bulgaria over Sanctions

Russian engineering union Soyuzmash has refused to sign a cooperation agreement with its Bulgarian counterpart over Sofia's tacit support for sanctions, TASS reported on Wednesday.

Business » Industry | May 21, 2015, Thursday // 09:40 | Viewed: 1238

UK-based ESI Media Signs Deal with Bulgaria’s BGNES

UK-based ESI Media has signed a content and consultancy agreement with Bulgaria’s BGNES News Agency.

Business | May 20, 2015, Wednesday // 20:06 | Viewed: 1098

Sofia Metro Traffic Returns to Normal

Traffic on Sofia Underground Railway has returned to normal after being temporarily halted in the section between the Central Railway Station and Serdika Station, the city hall announced on Wednesday afternoon.

Business | May 20, 2015, Wednesday // 19:23 | Viewed: 1337

Sofia Metro Traffic Suspended Between Serdika and Central Railway Station

Traffic on Sofia underground railway has been temporarily  suspended in the section between the Central Railway Station and Serdika Station due to a technical problem, the city hall said on Wednesday afternoon.

Business | May 20, 2015, Wednesday // 18:35 | Viewed: 1232

Bulgaria, World Bank Discuss Sustainable Growth Policies

Bulgaria and the World Bank on Wednesday discussed what the Bank could do to supporty the country’s efforts to achieve sustainable growth and bring the living standards of its population to EU levels over the next five years.

Business » Finance | May 20, 2015, Wednesday // 17:06 | Viewed: 1300

Bulgarian Poultry Products Receive Japan's Import Approval

Bulgarian companies are now allowed to export poultry meat and its products to Japan.

Business | May 20, 2015, Wednesday // 16:00 | Viewed: 1303

Germany Is Bulgaria's Biggest Trade Partner, Bulgarian President says

We are very proud of the exceptional dynamics in the economic relations between Bulgaria and Germany, as in the past ten years, the trade exchange has increased seven times.

Business | May 20, 2015, Wednesday // 15:20 | Viewed: 1301

Bulgaria May Be Connected To Turkish Stream – Energy Committee Head

Delyan Dobrev, Chair of the parliamentary energy committee, has argued that it is very likely for Bulgaria to be connected to the Turkish Stream gas pipeline.

Business » Energy | May 20, 2015, Wednesday // 14:58 | Viewed: 1698