Business

Bulgaria’s Mining Production to Drop 5-10% in 2015

Mining production in Bulgaria will drop by 5-10% in 2015, according to Lachezar Tsotsorkov, Chair of the Management Board of the Bulgarian Chamber of Mining and Geology.

Business » Industry | 43 minutes ago | Viewed: 77

Bulgarian Trade Unions Threaten Strike over Terminated License of Arms Factory Dunarit

Bulgarian trade unions have opposed a decision of the Interministerial Council on Defense Industry and Security of Supply at the Council of Ministers to terminate the license of Dunarit AD Ruse for the import, export, and transfer of arms.

Business | 4 hours ago | Viewed: 293

Bulgaria’s Cash Credit in Mobile Microfinance Deal with Unit of Philippines’ Leading Telecom

Bulgaria’s Cash Credit has joined forces with Philippines-based Voyager Innovation to offer mobile-based microfinance services in the Asian country.

Business | March 4, 2015, Wednesday // 18:23 | Viewed: 811

IMF Mission Starts Visit to Bulgaria

A regular IMF Article IV mission starts a ten-day visit to Bulgaria on Wednesday to discuss key short-term and medium-term macroeconomic forecasts and assumptions, the Finance Ministry has said.

Business » Finance | March 4, 2015, Wednesday // 17:36 | Viewed: 643

Bulgaria PM, Azerbaijan President 'to Unblock Nabucco Project'

Bulgaria and Azerbaijan's leaders are to seek a renewal of the Nabucco gas pipeline project which came to a halt a few years back, Bulgarian PM Boyko Borisov has announced.

Business » Energy | March 4, 2015, Wednesday // 13:55 | Viewed: 1268

4000 Workers Go on Strike in one of Bulgaria's Biggest Plants

Workers have started an effective strike in one of the biggest factories in the Yambol vicinity and in the country - Yazaki Bulgaria.

Business | March 4, 2015, Wednesday // 10:37 | Viewed: 1123

Bulgaria Regrets Russia’s Decision to Quit South Stream - Ambassador

Bulgaria regrets Moscow’s decision to stop work on the South Stream gas pipeline, according to Bulgaria’s Ambassador to Russia Boyko Kotsev.

Business » Energy | March 2, 2015, Monday // 14:30 | Viewed: 1846

Bulgarian Ambassador Vows Visa Simplification for Russian Tourists in 2015

Bulgaria will simplify visa requirements for Russian tourists in 2015, according to Boyko Kotsev, Bulgaria’s Ambassador to Russia.

Business » Tourism | March 2, 2015, Monday // 12:41 | Viewed: 1077

Gazprom Approves Capital Increase of South Stream Transport B.V.

The Board of Directors of Gazprom has approved a capital increase of EUR 569.4 M for South Stream Transport B.V.

Business » Energy | March 2, 2015, Monday // 11:52 | Viewed: 2507

Reuters: Bulgaria to Open Eurobond Sales Roadshow on 16 March

Bulgaria plans to launch a roadshow for Eurobond sales later this month to raise funds for rolling over maturing debt and financing budget deficit, Reuters has reported.

Business » Finance | March 1, 2015, Sunday // 12:49 | Viewed: 1443

Bulgaria Coalition Member Demands FinMin's Resignation over New Debt

The Alternative for Bulgarian Revival (ABV) is demanding Finance Minister Vladislav Goranov's resignation, the party's deputy chair Rumen Petkov has said.

Business » Finance | February 28, 2015, Saturday // 16:25 | Viewed: 1282

Bulgaria’s Gross External Debt Exceeded EUR 39.5 B in end-December 2014

Bulgaria’s gross external debt amounted to EUR 39,558.

Business » Finance | February 27, 2015, Friday // 21:14 | Viewed: 1152

Bulgaria’s Banking System Posts January Profit of BGN 121 M

In the first month of 2015, no significant changes occurred in the balance sheet structure of credit institutions in Bulgaria, according to data of the Bulgarian National Bank (BNB).

Business » Finance | February 27, 2015, Friday // 20:48 | Viewed: 1040

More Bulgarians Went on Business Trips, Holidays Abroad in January

In January 2015, Bulgarians completed more than 295 000 travels abroad, which represents an increase of 8.3 % compared to the same month of 2014.

Business » Tourism | February 27, 2015, Friday // 17:45 | Viewed: 1001

EVN Proposes Rise in Electricity Prices of 6.98%

The electricity company supplying Southeast Bulgaria EVN made a proposal for the price of the service to rise by 6.98% starting July 1 of 2015 in an official statement.

Business » Energy | February 27, 2015, Friday // 15:46 | Viewed: 1109

Uber Bulgaria To Be Investigated by Authorities

The Bulgarian National Income agency, Ministries of the Interior and Transport are organizing a joint inspection on the activities of Uber Bulgaria.

Business | February 27, 2015, Friday // 15:05 | Viewed: 1125

Planned Unit 7 of Bulgaria's Kozloduy NPP to Generate USD 11 B

US-based nuclear power company Westinghouse estimated that the electricity produced by unit 7 of Bulgaria's Kozloduy NPP will cost between USD 75 and 84, if it constructs its AP1000 plant there.

Business » Energy | February 27, 2015, Friday // 12:15 | Viewed: 1308

Russia, Ukraine to Take Part in Gas Meeting with EU Next Week

Moscow and Kiev are due to attend a three-way meeting on gas issues in Brussels, the EU Commission has said.

Business » Energy | February 27, 2015, Friday // 09:21 | Viewed: 1064

It's Bohemian: Bulgaria's Plovdiv is Among World's Most Attractive Cities

Plovdiv has entered a list of the most attractive cities to live in according to the ranking of the tourist website It's bohemian.

Business » Tourism | February 26, 2015, Thursday // 21:37 | Viewed: 3174

Positive Results Noted for Bulgarian Tourism after PR Campaign

Cultural artefacts and sites were stated to be the most recognizable associations tourists have with Bulgaria.

Business » Tourism | February 26, 2015, Thursday // 20:12 | Viewed: 1111

Bulgaria’s Parliament Approves Energy Act Amendments concerning Energy Watchdog

Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) is renamed to Commission for Energy and Water Regulation (KEVR) under amendments to the Energy Act that passed second reading in Parliament on Thursday.

Business » Energy | February 26, 2015, Thursday // 17:26 | Viewed: 1005