The Bulgarian state will no longer be required to keep a 34% share in formerly fully state-owned defense industry plants, according to a draft decision of the Bulgarian Cabinet to be approved Wednesday.
Bulgaria will be making between 15% and 20% of the total annual production of ski in the world thanks to the investment in a local factory by Finnish company Amer Sports.
Bulgaria's seasonally adjusted Industrial Production Index increased by 9.3% year on year in January 2010, according to the country's National Statistical Institute.
The fourth auction of bankrupt steel giant Kremikovtzi, considered the pride of the communist-era industry in Bulgaria, will take place on April 12, the factory's receiver announced.
A Spanish consortium has expressed interest in buying "parts" of what used to be Bulgaria's largest steel-maker Kremikovtzi, Bulgarian Economy Minister Traicho Traikov announced in Madrid.
World ski producer, Finnish company Amer Sports, will receive a "Class A" investor status from the Bulgarian government for its project to expand the ski factory in Bulgarian mountain resort Chepelare.
Bulgaria's state cigarette maker Bulgartabac Holding, which is about to be privatized, completed 2010 with a net profit of BGN 20 M.
The Producer Price Index on Bulgaria's Domestic Market in January 2011 increased by 0.5% comparing to the previous month and with 11.1% year on year.
The two affiliates of Ideal Standard International that operate in the Bulgarian town of Sevlievo were formally merged in one company, officials have announced.
A business group of five companies have bought 99% of the shares of Bulgaria's "Rousse Shipyard", the river shipbuilder based in the Danube city of Ruse.
Turkey's glass producing giant Sisecam is not worried by potential competition in Bulgaria by the Chinese state-owned company China Luoyang Float Glass Group, Sisecam CEO Ahmet Kirman told Novinite.
Bulgaria's Prime Minister, Boyko Borisov, officially opened Tuesday a factory for the production of light-emitting diodes (LED) in the western town of Godech.
Bulgaria's industrial production grew by 5.2% year on year in December 2010 according to Eurostat, EU's statistical office.
Bulgaria's government has hopes the country will assume a leading innovation role with respect to the development of electric cars, Economy Minister Traicho Traikov has hinted.
About a dozen strategic and financial investors have declared interest in the privatization of Bulgaria's state cigarette producer Bulgartabac Holding, according to Economy Minister Traicho Traikov.
The Bulgarian cabinet gave on a 30-year concession the gold mine near the town of Krumovgrad to the Toronto-based mining company Dundee Precious Metals.
The third auction scheduled for the assets of Bulgaria's bankrupt Kremikovtzi steel mill has failed like the previous two, due to the only bidder not presenting a satisfactory document for a having paid the required deposit.
The production in the construction sector in Bulgaria registered a drop by 13% in December 2010, compared to the previous month, according to preliminary data by the National Statistics Institute (NSI).
Bulgarian Prime Minister, Boyko Borisov, officially opened Monday the "Sisecam" factory for automobile glass in the northeastern city of Targovishte, saying the cabinet works hard to ease foreign investments in the country.
Bulgaria has regrouped the assets of bankrupt Kremikovtzi steel mill and will auction them for a third time Monday after failing to attract any bidders in two previous auctions.
Bulgaria has regrouped the assets of bankrupt Kremikovtzi steel mill to cut their price and will auction them for a third time on February 7 after failing to attract any bidders in two previous auctions.
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