Toronto-based mining company Dundee Precious Metals has abandoned plans to develop a plant in Bulgaria, buying an African smelter instead, the company announced.
The Bulgarian Road Agency will sign an annex to the Lyulin Highway contract with Turkish company Mapa Cengiz, following their request for additional funds for the motorway construction project.
The KNSB labor unions at the dying steel mill "Kremikovtzi" appealed to the cabinet to support the recently proposed recovery plan and extension of the repayment of its staggering debt.
The Milan-based international company Mapei has announced an expansion in its Bulgarian operations with the purchase of a production plant in the northern city of Ruse.
The construction production in Bulgaria in November 2009 has registered an 11% decrease compared to October and was down 22% on yearly basis.
Bulgaria's industrial production declined by 10,8% in November 2009 compared to the same month of 2008.
Bulgarian steel-maker Stomana Industry Jsc has bought the port in the Danube town of Svishtov from the troubled local paper factory Sviloza Jsc.
Nikolay Galchev, the Bulgarian building contractor, has announced on Friday that he has bought the Vratsa-based Himko agro-chemical works for an undisclosed sum.
Bulgaria's Privatization Agency announced Friday an open tender for selecting a consultant for the privatization of the state-owned cigarette monopoly Bulgartabac.
Hundreds of workers are out on strike for a second day in a row Thursday in one of Bulgaria's largest military plants, VMZ Sopot.
Devnya Cement and Vulkan Cement have announced that they have temporarily shut down all the furnaces in two of their production plants.
The European Commission has found that the Bulgarian steel producer Kremikovtzi did not implement the business plan established for its restructuring, its spokesman announced.
The Board of Directors of Bulgarian Energy Holding (BEH) have announced a reshuffle of the top management of subsidiaries Bulgargaz and Maritsa Iztok 2.
Bulyard Shipbuilding Company, the largest Bulgarian marine constructor, has recently begun work on an international project.
The National Council of the Bulgarian Industrial Capital Association (BICA) has demanded emergency government measures to guarantee the survival of the country's industry sector.
A Chinese car factory is supposed to start operating by the end of 2010 in the northern Bulgarian city of Lovech.
The economic crisis has had a "devastating impact" on the machine building sector in Bulgaria, according to Iliya Keleshev, head of the Bulgarian Branch Chamber for machine building.
The effects of the economic crisis have brought the Bulgarian industry back to its levels from 1985.
Bulgaria's former largest steel mill "Kremikovtzi" had withdrawn the application for a complex permit for its environmentally clean productions.
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