Business

Bansko Opens Ski Season On December 13

Bulgaria's ski resort Bansko is ready for the ski season and officially opens it on December 13, said the town mayor Georgi Ikonomov, quoted by the Focus agency.

Business » Tourism | 7 minutes ago

Moscow, Kiev Agree to Renew Gas Flow to Ukraine

Russia and Ukraine have agreed on the conditions under which gas supplies from energy giant Gazprom will be conducted in the winter, Russia's Energy Minister says.

Business » Energy | 27 minutes ago | Viewed: 69

Bulgaria’s Producer Price Index Up 0.2% M/M in Sept 2014

The Producer Price Index on the domestic market increased by 0.2% on the month in September 2014, according to Bulgaria’s National Statistical Institute (NSI).

Business | 1 hour ago | Viewed: 144

Bulgaria to Use EU Funding to Implement 5 Energy Projects worth over EUR 4 M

Bulgaria is to implement 5 energy projects worth over EUR 4 M with EU funding.

Business » Energy | 2 hours ago | Viewed: 199

Bulgargaz Cuts Gas Supplies to Bulgarian Heating Utilities by 50%

State-owned gas supplier Bulgargaz has sent letters to all heating utilities to inform about supply cuts necessitated by the reduction in gas deliveries received via the pipeline through Ukraine.

Business » Energy | 3 hours ago | Viewed: 388

Russia, Ukraine, EU Fail to Reach Agreement in Gas Talks

Russia, Ukraine and the European Commission have failed to reach agreement on the issue of winter gas supplies to Kiev.

Business » Energy | 5 hours ago | Viewed: 332

EU Invests EUR 647 M in Key Energy Projects

EU Member States agreed Wednesday to allocate EUR 647 to support priority infrastructure projects.

Business » Energy | 6 hours ago | Viewed: 360

France’s Total to Start Drilling at Bulgaria’s Khan Asparuh Block in 2015

France’s Total will start hydrocarbon drilling at the Bulgarian Black Sea block Khan Asparuh in the second half of 2015, according to Paul Sexton, Exploration Manager at Total E&P Bulgaria.

Business » Energy | 6 hours ago | Viewed: 523

Deliveries Of Russian Gas To Bulgaria Decrease

The natural gas deliveries from Russia to Bulgaria have decreased, said caretaker Economy and Energy Minister Vasil Shtonov, quoted by the BNT public broadcaster.

Business » Energy | October 29, 2014, Wednesday // 20:30 | Viewed: 733

Interim Parliamentary Budget Committee Votes To Save KTB

The interim parliamentary budget committee approved amendments to the Credit Institutions Act, obligating Bulgaria's Central bank (BNB) to save banks whose capital becomes a negative quantity, reports the bTV national channel.

Business » Finance | October 29, 2014, Wednesday // 19:30 | Viewed: 977

Share Of Shadow Economy In Bulgaria Decreases – Employers

The share of shadow economy in Bulgaria's GDP has dropped from 42.2% in 2010 to 32.3% in 2014, shows a survey of the Bulgarian Industrial Capital Association (BICA).

Business | October 29, 2014, Wednesday // 17:38 | Viewed: 655

Modern Retail In Bulgaria Continues To Rise

The modern retail outlets in Bulgaria continue to increase their market share, on the account of the small independent stores, shows a GfK survey, quoted by Dnevnik.

Business | October 29, 2014, Wednesday // 16:40 | Viewed: 679

Inspectors Identify Fuel Quality Irregularities at 43% of Filling Stations in Bulgaria

An inspection of Bulgaria’s State Agency for Metrology and Technical Supervision has revealed fuel quality irregularities at 43% of the filling stations.

Business » Energy | October 29, 2014, Wednesday // 13:28 | Viewed: 857

Bulgaria’s Position in Doing Business 2015 Deteriorates

Bulgaria ranks 38th out of 189 economies in the Doing Business 2015 report of the World Bank.

Business | October 29, 2014, Wednesday // 11:54 | Viewed: 594

Bulgaria's Deputy EconMin Proposes Separate Tourism Ministry

A single Ministry of Tourism is necessary to secure the budget framework which the sector precisely needs, caretaker Deputy Economy and Energy Minister Branimir Botev believes.

Business » Tourism | October 29, 2014, Wednesday // 10:43 | Viewed: 502

Bulgaria’s Energy System Is Insufficiently Prepared for Alternative Supply - Expert

Valentin Terziyski, Deputy Chair of the chamber of energy workers at the Bulgarian Industrial Association (BIA), has drawn attention to the fact that the energy system is not fully prepared for alternative supply.

Business » Energy | October 29, 2014, Wednesday // 09:57 | Viewed: 670

Bulgaria Business Climate Worsens in October

Bulgaria’s business climate deteriorated in October mainly due to increased pessimism among entrepreneurs in industry and retail trade, the National Statistical Institute (NSI) said on Tuesday.

Business | October 28, 2014, Tuesday // 18:10 | Viewed: 747

Bulgaria's Winter Tourism to See 4.5-5% Growth in 2014 – Branimir Botev

Bulgaria's Deputy Economy Minister Branimir Botev expects a 4.5% - 5% increase of tourists in the winter season compared to last year.

Business » Tourism | October 28, 2014, Tuesday // 17:17 | Viewed: 1004

Bulgaria, Romania Sign MoU for Building Two New Bridges Across Danube

Bulgaria and Romania on Tuesday signed a memorandum of understanding (MoU) for conducting feasibility studies for the construction of two new bridges across the Danube.

Business | October 28, 2014, Tuesday // 16:50 | Viewed: 1321

Hungary to Start South Stream Construction in 6 Months

Hungary is currently planning to begin the construction of the South Stream gas pipeline in the spring of 2016, media sources say.

Business » Energy | October 28, 2014, Tuesday // 15:27 | Viewed: 752

Twelve Bulgarian Central Bank Employees Interrogated over KTB

A total of 12 employees of the Bulgarian National Bank (BNB) were summoned to give testimony at 10:00 EET (08:00 GMT) in Sofia's investigation office on Monday.

Business » Finance | October 28, 2014, Tuesday // 12:30 | Viewed: 900