Bulgaria Warned: Gasoline Could Hit €1.50 if Oil Reaches 100 Dollars per Barrel
In Bulgaria, fuel industry experts warn that if oil prices reach USD 100 per barrel, gasoline at the pump could exceed €1.50 per liter.
Bulgarian copper mining and processing company Assarel Medet has won the 2015 Investor of the Year award of the government’s investment promotion agency, capital.bg has reported.
Assarel Medet and its majority-owned Asarel Panagyurishte Health company were awarded the prize for their BGN 55 M (EUR 28 M) project for a medical complex with 268 beds in the town of Panagyurishte in central Bulgaria, which will create 520 jobs.
The annual prize was awarded at an official ceremony held by InvestBulgaria Agency (IBA) in Sofia on Wednesday evening.
Asarel Panagyurishte Health is a joint venture of Assarel Medet, Panagyurishte Municipal Hospital and Panagyurishte Municipality.
Each year IBA awards its prizes to companies that had made sustainable investments, opened new jobs and introduced high technologies.
Climbing walls manufacturer Walltopia was awarded the prize for innovative business. Last year, Walltopia attracted new investors who injected EUR 11.4 into the company’s business, according to capital.bg
Kostal Bulgaria, part of German producer of automotive components Kostal Group, won the award for investment in business expansion for the opening of its second plant in the city of Smolyan, in southern Bulgaria, in 2015.
Woodward IDS Bulgaria, a supplier of innovative power electronic systems, predominantly for photovoltaic plants and wind turbines, was awarded the prize for greenfield investment. The company rented warehouse space in Sofia Airport Center last year.
The Association of Tour Operators and Travel Agents “Future for Tourism” (OBT) has urged the authorities to ensure equal treatment of Bulgarian citizens awaiting evacuation from Dubai
Industrial producer prices across the euro area and the European Union moved higher in January 2026 on a monthly basis, yet remained below their levels from a year earlier, according to Eurostat data
Bulgarian businesses remain strongly supportive of the country’s eurozone membership, according to the January survey conducted by Alfa Research, which monitors public attitudes toward the adoption of the euro
In Bulgaria, the overwhelming majority of complaints about high electricity bills are coming from households that rely on electricity for heating, particularly through air conditioners, the Energy and Water Regulatory Commission (EWRC) reported
Acting Energy Minister Traycho Traykov commented on Nova TV that the recent rise in fuel prices in Bulgaria is modest, with gasoline and diesel increasing by just three cents, reflecting crude oil quotations
In Bansko, the winter tourism season is facing a severe crisis as the war in the Middle East triggers widespread cancellations. Reservations from Israel and other affected countries have been entirely scrapped, leaving hotels nearly empty
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