Business

Finance Ministry Reopens 7-Year Issue of EUR-Denominated Govt Securities

Bulgaria’s Finance Ministry has reopened the 7 year issue of EUR denominated Government Securities (GS) issued on April 30, 2014 with maturity February 12, 2021.

Business » Finance | 7 hours ago | Viewed: 324

Construction of South Stream Underwater Section to Start December 15

The launch of the construction works for the underwater section of the South Stream gas pipeline has been postponed by a month, according to a Gazprom official.

Business » Energy | 7 hours ago | Viewed: 337

Israel 'to Offer Gas Pipeline Project' to EU

Israel has made a proposal under which its gas will be transited to the EU through a new pipeline, Israeli media outlets say.

Business » Energy | 9 hours ago | Viewed: 423

Bulgaria to Receive EUR 25 M in Kozloduy NPP Decommissioning Aid in 2015

In 2015, Bulgaria will receive EUR 25 M in decommissioning aid for the Kozloduy nuclear power plant.

Business » Energy | November 24, 2014, Monday // 17:48 | Viewed: 353

Banks to Repay KTB Deposits Unveiled

Bulgaria's Bank Deposit Insurance Fund has announced the names of the nine banks to be in charge of reimbursing deposits at Corporate Commercial Bank (Corpbank or KTB) from December 4.

Business » Finance | November 24, 2014, Monday // 14:52 | Viewed: 670

Business In Bulgaria Pays Sixth Lowest Taxes In Europe - Survey

Bulgaria has the sixth lowest overall taxes for medium-size companies in EU and the European Free Trade Association (EFTA), shows the Paying Taxes 2015 survey of PriceWaterhouseCoopers among 189 economies worldwide.

Business | November 24, 2014, Monday // 12:51 | Viewed: 607

Sofia City Court Halts Insolvency Proceedings at KTB

The Sofia City Court has stopped insolvency proceedings launched at Corporate Commercial Bank (KTB).

Business » Finance | November 24, 2014, Monday // 11:39 | Viewed: 499

Bulgarian Industrial Association Slams Reintroduction Of Bank Deposit Tax

The Bulgarian Industrial Association (BIA) criticised in an official statement the planned reintroduction of the 10% tax on bank deposits interest rates.

Business | November 24, 2014, Monday // 09:53 | Viewed: 432

Bulgaria's Textile Industry Expects Further Growth

Bulgaria's textile industry is expecting further growth in 2014, reports Standart daily, quoting Radina Bankova, head of the Bulgarian Association of Producers and Exporters of Garments and Textile.

Business | November 24, 2014, Monday // 09:34 | Viewed: 525

Finance Minister Denies Reports of Ivan Iskrov's Appointment To Black Sea Trade and Development Bank

Bulgaria's Finance Minister Vladislav Goranov denied the reports that Ivan Iskrov, Governor of Bulgaria's Central Bank (BNB), will be appointed representative of Bulgaria at the Thessaloniki-based Black Sea Trade and Development Bank (BSTDB).

Business » Finance | November 24, 2014, Monday // 08:56 | Viewed: 544

Sofia City Court To Hold First Hearing Of KTB Insolvency Case

The Sofia City Court will hold its first session on the Corporate Commercial Bank (KTB) insolvency case on Monday.

Business » Finance | November 24, 2014, Monday // 07:20 | Viewed: 689

Bulgaria’s Bank of the Year Association Organizes Conference on Banking Stability

An international conference titled “Banking stability” organized by the Bank of the Year Association will take place on December 3 at the National Archaeological Museum in Sofia.

Business » Finance | November 23, 2014, Sunday // 20:06 | Viewed: 737

Bansko Declared Bulgaria’s Best Winter Resort in 2014 World Ski Awards

Bansko has been declared Bulgaria’s best winter resort for a second year in a row in an online vote for the 2014 World Ski Awards.

Business » Tourism | November 23, 2014, Sunday // 16:37 | Viewed: 1046

Lot 2 of Bulgaria’s Struma Motorway to Be Ready by end-October 2015

The deadline for the completion of construction works at Lot 2 of the Struma motorway is October 2015, according to Bulgarian Regional Development Minister Lilyana Pavlova.

Business | November 23, 2014, Sunday // 15:59 | Viewed: 854

57% of Bulgarian Companies to Pay Christmas Bonuses

The majority of companies in the industry sector will give their employees Christmas bonus payments, according to a survey of the Bulgarian Industrial Capital Association (BICA).

Business | November 23, 2014, Sunday // 14:41 | Viewed: 694

Bulgaria Should Be Year-Round Tourist Destination – Minister

Bulgaria should become a year-round tourist destination, according to Tourism Minister Nikolina Angelkova.

Business » Tourism | November 23, 2014, Sunday // 11:59 | Viewed: 1054

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: 1180

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: 993

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: 878

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: 1207

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: 1253