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Business

Tsvetan Vasilev to Make Proposal on KTB within Days – Central Bank

The Bulgarian National Bank (BNB) has received answers to the letters it had sent to Bromak JSC and the State General Reserve Fund of Oman, Corpbank's major shareholders.

Business » Finance | September 1, 2014, Monday // 18:17 | Viewed: 637

Power of Siberia Pipeline Construction Kicks Off

Russian President Vladimir Putin has attended a ceremony to mark the first weld of the Power of Siberia held Monday.

Business » Energy | September 1, 2014, Monday // 15:36 | Viewed: 469

Ukraine, Belarus Make Up for Russians on Bulgaria's Property Market

Bulgaria is still at the forefront of preferred destinations for Russian-speaking real estate buyers, an investment company says.

Business » Properties | September 1, 2014, Monday // 15:15 | Viewed: 588

Bulgaria's Public Debt Sees Significant Increase in July

Bulgaria's public debt at the end of July 2014 amounted to EUR 9.4242B, according to data revealed by the Ministry of Finance.

Business » Finance | September 1, 2014, Monday // 14:03 | Viewed: 593

Bulgarian Industrial Association Opposes Minimum Wage Hike Proposal

The Bulgarian Industrial Association (BIA) has opposed the proposal to increase the minimum wage and the social security contributions.

Business | September 1, 2014, Monday // 12:50 | Viewed: 452

Protests to Be Staged in Support of KTB Across Bulgaria

A number of Bulgarian towns and cities are to see demonstrations calling authorities to draft a plan which could help Corporate Commercial Bank (CorpBank or KTB).

Business » Finance | September 1, 2014, Monday // 11:52 | Viewed: 575

BGN 2 Banknote Replaced with Coin in 2015

The paper note of BGN 2 will be replaced with a coin in 2015, according to Bulgaria's National Bank sources cited by Standart News.

Business » Finance | September 1, 2014, Monday // 11:40 | Viewed: 449

Bulgaria's Agriculture Ministry Receives Applications for Aid for Russian Food Embargo

Bulgaria's Agriculture Ministry has announced it is receiving applications for aid to compensate the damage caused by the Russian import ban.

Business | September 1, 2014, Monday // 10:16 | Viewed: 563

Less than 5% of Bulgaria's Gas Needs Covered by Local Production

Less than 5% of natural gas consumption in Bulgaria is provided through domestic production, according to data of state-owned gas company Bulgargaz for H1, 2014.

Business » Energy | September 1, 2014, Monday // 09:40 | Viewed: 565

Bulgarian Energy Holding, CEZ, to Discuss Varna TPP Life Extension

The Bulgarian Energy Holding (BEH) and power distributor CEZ have signed a memorandum of cooperation on searching technical and economic solutions to extend the life of the Varna Thermal Power Plant.

Business » Energy | August 31, 2014, Sunday // 13:23 | Viewed: 745

Pipelaying Vessel for South Stream to Dock at Burgas

The South Stream Transport JV has said a pipelaying ship is expected to berth at the Bulgarian port of Burgas on Sunday for works relating to the Moscow-backed gas pipeline.

Business | August 30, 2014, Saturday // 17:53 | Viewed: 1402

Lozana Vasileva Named State Fund Agriculture Executive Director

Lozana Vasileva has been appointed executive director of State Fund Agriculture (SFA), replacing Atanas Dobrev, BGNES reported on Friday.

Business | August 29, 2014, Friday // 20:10 | Viewed: 758

Protest Rally in Sofia Demands KTB Reopening

A protest rally in front of the central bank building in Sofia on Friday demanded the reopening of Corporate Commercial Bank (KTB or Corpbank), state radio BNR reported.

Business » Finance | August 29, 2014, Friday // 18:55 | Viewed: 1049

Coal Miners Protest Decision for Early Suspension of Bobov Dol TPP Unit

Five coal mining companies in Bulgaria are directly affected by the decision of the Ministry of Environment and Water to stop one of the units of the Bobov Dol Thermal Power Plant, according to trade unionists.

Business » Energy | August 29, 2014, Friday // 15:52 | Viewed: 845

EU Commissioner: Russia Must Guarantee Gas Supplies, Ukraine Secure Transit

Russia, EU and Ukraine will renew gas talks soon and the concrete date will be set next week, according to EU Energy Commissioner Gunther Oettinger.

Business » Energy | August 29, 2014, Friday // 14:45 | Viewed: 946

Bulgaria Reported FDI of EUR 22 948 M by December 31, 2013

According to preliminary data of Bulgaria's National Statistical Institute (NSI), foreign direct investments (FDI) in the non-financial sector amounted to EUR 22 948 M by 31.

Business | August 29, 2014, Friday // 13:06 | Viewed: 842

Wall Collapses on Construction Worker in Bulgaria's Plovdiv

A wall has collapsed on a worker at a construction site in Bulgaria's southern city of Plovdiv.

Business | August 29, 2014, Friday // 11:43 | Viewed: 885

Power Price Hike as of October 1 in Bulgaria Is Inevitable – Watchdog Member

A power price hike as of October 1 is unavoidable, according to Elenko Bozhkov, member of Bulgaria's State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | August 29, 2014, Friday // 10:54 | Viewed: 1117

Depositors at Bulgaria's Ailing Corpbank May Get Partial Access to Funds

Caretaker Finance Minister Rumen Porozhanov has said that depositors may get partial access to their funds at Bulgaria's troubled Corporate Commercial Bank (KTB, Corpbank) in September.

Business » Finance | August 29, 2014, Friday // 10:25 | Viewed: 1430

Bulgaria's Energy Watchdog Head, One Deputy Resign

The head of Bulgaria's energy watchdog DKEVR, Boyan Boev, and one of his deputies, Lilia Mladenova, resign, said the Energy Ministry.

Business » Energy | August 28, 2014, Thursday // 20:33 | Viewed: 908

Producers Forecast Price Hike Of Wine, Brandy

Prices of wine and rakia (fruit brandy) could increase by 10-15% in winter, reports the national Darik radio.

Business | August 28, 2014, Thursday // 19:13 | Viewed: 874
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