Business

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: 507

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: 593

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: 583

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: 841

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: 867

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: 762

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: 898

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: 1095

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: 678

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: 858

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: 973

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: 632

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: 1485

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: 1113

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: 1159

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: 983

Bulgaria's Deposit Insurance Fund Head Resigns

Rosen Nikolov, head of Bulgaria's Deposits Insurance Fund (DIF) had resigned, the government's press office announced on Wednesday.

Business » Finance | November 19, 2014, Wednesday // 14:29 | Viewed: 1215

Parliament To Debate On Reintroduction of Progressive Personal Income Tax

Bulgaria's Parliament will discuss at first reading on Wednesday draft amendments to personal income tax law and the reintroduction of progressive tax.

Business » Finance | November 19, 2014, Wednesday // 11:18 | Viewed: 934

Construction Permit, Environmental Impact Assessment of Belene NPP Expire

The deadline of the permit for the construction and the Environmental Impact Assessment (EIA) of the Belene nuclear power plant have expired, according to reports of Bulgaria’s Regional Development Ministry.

Business » Energy | November 19, 2014, Wednesday // 11:05 | Viewed: 845

Bulgaria Expects 4-6% Increase in Tourist Numbers in Winter

Bulgaria expects an increase by 4-6% in tourist numbers in the winter season, according to Blagoy Ragin, Chair of the Bulgarian Hotel and Restaurant Association (BHRA).

Business » Tourism | November 19, 2014, Wednesday // 08:52 | Viewed: 869

EconMin Proposes Joint Bulgaria-Romania Export to Non-EU Markets

Bulgarian and Romanian companies could join hands to export foods, electronics, machines and textile outside the EU, Economy Minister Bozhidar Lukarski has told Romania's Ambassador to Bulgaria Anton Pacuretu.

Business | November 18, 2014, Tuesday // 19:34 | Viewed: 877