Billa Bulgaria Penalized for Misleading Olive Oil Advertisement
The Commission for Protection of Competition (CPC) has fined Billa Bulgaria EOOD 405,936 leva for engaging in misleading advertising
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Billa, which is owned by German concern REWE Group, currently operates 65 outlets in Bulgaria, of which 12 in Sofia. File photo
Billa Bulgaria plans to open 20 new supermarkets in the country this year, the company announced.
The thirteenth outlet of the company in the capital Sofia, which will be located at Vladimir Vazov boulevard, will be inaugurated at the end of March and will spread over 800 square meters.
Billa, which is owned by German concern REWE Group, currently operates 65 outlets in Bulgaria, of which 12 in Sofia, five in Rousse, four in Burgas.
Capitalising on the rising demand for discounted products, Rewe recently launched it's first Penny Markt discount store in Bulgaria.
Total investment into the country over the 2010-2014 period is reported to be as much as EUR 250 M.
Bulgaria, Russia and Ukraine drove overseas sales growth at German retail giant Rewe in 2009, the company announced a few days ago.
Bulgaria has secured a six-month extension of the Lukoil waiver, following a decision by the US Treasury Department’s Office of Foreign Assets Control (OFAC)
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
Bulgaria’s tourism sector has never been stronger and has been achieving steady growth for the past few years.
Industrial output in Bulgaria posted a modest monthly increase in February 2026, but continued to decline sharply on an annual basis, according to preliminary, seasonally adjusted data from the National Statistical Institute.
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