Business

AlixPartners Accuse Corpbank Owner of Taking Money from His Bank

Bulgarian businessman Tsvetan Vasilev drained BGN 2.

Business » Finance | 6 hours ago | Viewed: 476

Receivers Make Public AlixPartners’ Final Report on Bulgaria’s Insolvent KTB  

The receivers of insolvent Corporate Commercial Bank (Corpbank or KTB) have made public a report tracking the assets of Bulgaria’s fourth-largest lender.

Business » Finance | May 3, 2016, Tuesday // 20:25 | Viewed: 1327

Bulgaria Air Adds Weekly Flights to Lisbon, Alicante from Sofia

Sofia Airport has started offering two new seasonal destinations: to Lisbon, Portugal and Alicante, Spain.

Business » Tourism | May 3, 2016, Tuesday // 17:58 | Viewed: 1127

EU Commission Expects Bulgaria's GDP to Grow by 2.4% This Year

Bulgaria's economy will grow in 2016 more slowly than it did in 2015, but will pick up next year, the European Commission estimates.

Business | May 3, 2016, Tuesday // 14:41 | Viewed: 1100

Bulgaria to Keep Old Tourist Logo As All Proposals Rejected

Bulgarian Tourism Minister Nikolina Angelkova said on Sunday that the country would continue to use its current tourist logo for the moment.

Business » Tourism | May 1, 2016, Sunday // 11:43 | Viewed: 2158

Bulgarian Govt Debt Rises to EUR 13.35 B at End-March

Bulgaria’s government debt increasedto EUR 13.35 B at the end of March, compared with EUR 11.60 B a month earlier, according to data from the Finance Ministry.

Business » Finance | April 30, 2016, Saturday // 17:52 | Viewed: 2303

Bulgaria Ranks among Top Software Outsourcing Destinations, Studies Show

Two recent studies point to Eastern Europe and Bulgaria in particular as an increasingly attractive destination for companies looking to outsource software, according to an article posted on ZDnet website.

Business » Industry | April 30, 2016, Saturday // 10:59 | Viewed: 3018

Bulgaria Expects Budget Surplus to Exceed BGN 2.3 B at End of April

Based on preliminary data and figures, Bulgaria’s finance ministry estimates that budget surplus will exceed BGN 2.

Business » Finance | April 29, 2016, Friday // 15:51 | Viewed: 2294

Network of Electric Bicycles to Connect Bulgaria, Romania

A network of electric bicycles will connect Bulgaria and Romania.

Business » Tourism | April 29, 2016, Friday // 11:31 | Viewed: 3902

Competition for New Tourist Logo of Bulgaria Fails to Select Winner

A fifteen-member jury, including representatives from the media and the tourist sector as well as marketing and PR specialists, failed to select a winner in the competition for a new tourist logo of Bulgaria.

Business » Tourism | April 28, 2016, Thursday // 20:56 | Viewed: 3144

Bulgaria's Competition Watchdog Fines Two Regional TV, Internet Providers

Bulgaria's Commission for Protection of Competition (KZK) has imposed sanctions on two regional TV and Internet providers for practices amounting to unfair competition.

Business | April 28, 2016, Thursday // 19:11 | Viewed: 2012

Gazprom Puts Forward New South Stream Route

Russian energy giant Gazprom has tabled a new option to revive the South Stream pipeline, local media report.

Business » Energy | April 28, 2016, Thursday // 11:29 | Viewed: 4808

Bulgaria's NEK Repays EUR 309 M Debt to Local Unit of U.S.-based AES Corp

Bulgarian wholesale electricity supplier NEK has repaid EUR 309 M in outstanding debt owed to coal-fired AES 3C Maritza East I power plant, a subsidiary of U.

Business » Energy | April 27, 2016, Wednesday // 19:05 | Viewed: 2215

Trips by Bulgarians Abroad, Foreign Residents’ Visits Increase in March

The number of trips of Bulgarian residents abroad increased by 11.4% year-on-year in March, reaching 354,700, the state statistical office NSI announced on Wednesday.

Business | April 27, 2016, Wednesday // 16:24 | Viewed: 1907

Bulsatcom Slapped with Fine over Unfair Competition

Bulgaria's competition watchdog has fined pay-TV services provider Bulsatcom for its failure to provide customers with exact information on a new promo package it is offering.

Business | April 27, 2016, Wednesday // 14:14 | Viewed: 1857

No Investment Projects Involving Bulgarian Govt Loans, Guarantees Next Year

The 2017 budget of Bulgaria will not foresee any decisions on investment projects that require funding through state loans or the issuance of state guarantees, the government has decided.

Business | April 27, 2016, Wednesday // 13:29 | Viewed: 1611

Map of Pharmacies in Bulgaria Available Online  

The Bulgarian Pharmaceutical Union has unveiled an electronic map of pharmacies and chemist’s shops in the country to help customers find their way to the nearest point of sale, bTV reported on Tuesday.

Business | April 26, 2016, Tuesday // 18:03 | Viewed: 2121

Bulgaria’s End-February Gross Foreign Debt Falls 0.7% from End-2015

Bulgaria’s gross foreign debt totalled EUR 33.

Business » Finance | April 26, 2016, Tuesday // 16:56 | Viewed: 1926

Lidl Bulgaria Faces Fine for Misleading Advertisement

The Commission for Protection of Competition (KZK) established that Lidl Bulgaria had committed an offence through a misleading advertising campaign.

Business | April 26, 2016, Tuesday // 14:02 | Viewed: 5297

Bulgaria's Competition Watchdog Continues Inspections at Fuel Retailers

Officials of Bulgaria's Commission for Protection of Competition (KZK) are carrying out on Tuesday sudden inspections at the premises of Petrol and NIS Petrol, two of the fuel retailers suspected of being part of a cartel agreement.

Business | April 26, 2016, Tuesday // 12:42 | Viewed: 1624

Lufthansa Strike to Cancel Flights Between Bulgaria, Germany on Wednesday

A strike of Lufthansa employees will cancel flights between the Bulgarian capital and the airports in Frankfurt and Munich on Wednesday.

Business | April 26, 2016, Tuesday // 12:06 | Viewed: 2149