Guide Bulgaria

The region of Sofia attracts 45% of all investments in Bulgaria

Tue, 07 Feb 2017 21:28:00 +0200

Business: The region of Sofia attracts 45% of all investments in Bulgaria
The region of Sofia attracts 45% of all investments in Bulgaria, including ones in production capacities, storage facilities and long-term material assets. Not surprisingly, the average monthly salary...

Chinese Investors willing to erect a new "economic city" near Plovdiv

Wed, 06 Apr 2016 03:41:00 +0300

Business: Chinese Investors willing to erect a new "economic city" near Plovdiv
Investors from the Chinese city of Shenzhen are willing to erect a new "economic city" near Plovdiv in Bulgaria. The project, described by the investors as a venture linked to China's New Silk Road...

German producer of lighting equipment Osram will build a new factory near Plovdiv

Tue, 22 Mar 2016 02:00:00 +0200

Business: German producer of lighting equipment Osram will build a new factory near Plovdiv
German producer of lighting equipment Osram will build a new factory near Plovdiv. The construction starts in a matter of days, while the very factory is expected to start operation in 2018. The plant...

The Turkish diplomat, consulate in Burgas, declared persona non grata

Sun, 21 Feb 2016 18:56:00 +0200

Politics: The Turkish diplomat, consulate in Burgas, declared persona non grata
Bulgaria has declared Ugur Emiroglu, attaché with the Consulate General of the Republic of Turkey in the Bulgarian coastal city of Burgas, a persona non grata. A diplomatic source, who wished to stay ...

The net profit of Bulgarian banks фор 2014 is up by BGN 152 million as compared to 2014

Thu, 04 Feb 2016 13:24:00 +0200

Finances: The net profit of Bulgarian banks фор 2014 is up by BGN 152 million as compared to 2014
The combined net profit of Bulgarian banks amounted to BGN 898 million in 2015, up by BGN 152 million as compared to a year earlier, the country's central bank said. The local banks continued to...

A company with Russian, Ukrainian and Bulgarian participation plans major investments in Razgrad

Fri, 22 Jan 2016 10:34:00 +0200

Business: A company with Russian, Ukrainian and Bulgarian participation plans major investments in Razgrad
An international company with Russian, Ukrainian and Bulgarian participation plans a major investment project in Razgrad. The company Bioagroresource+ has already rented the building of the former...

Bulgaria`s parliament adopted a decision allowing for remote electronic voting

Fri, 22 Jan 2016 10:31:00 +0200

Politics: Bulgaria`s parliament adopted a decision allowing for remote electronic voting
Bulgaria's parliament adopted a decision allowing for remote electronic voting in elections and referendums. The decision was backed by 136 MPs, as 56 voted against. In October, the majority of...

The XI-th World Festival of Animated Film, Sofia, January 29-31

Tue, 19 Jan 2016 20:03:00 +0200

Culture: The XI-th World Festival of Animated Film, Sofia, January 29-31
The 11th edition of World Festival of Animated Film will be held on January 29-31 in the National Palace of Culture (NDK) in Sofia.On January 19 at 18:30 local time, "Authors-Artists" exhibition...

Some of places in Northeastern Bulgaria are still "paralyzed" after heavy snow over the weekend

Tue, 19 Jan 2016 09:03:00 +0200

Weather: Some of places in Northeastern Bulgaria are still "paralyzed" after heavy snow over the weekend
Much of Northeastern Bulgaria is still paralyzed by the severe weather conditions after two days of heavy snow over the weekend, authorities say.The main problem comes from the strong winds which blow...

Complex for high-temperature gasification of biomass will be built in the village of Senokos

Sun, 27 Dec 2015 07:30:00 +0200

Business: Complex for high-temperature gasification of biomass will be built in the village of Senokos
A module complex for high-temperature gasification of biomass will be built in the village of Senokos, Balchik municipality. Generated pure synthetic gas will be used for production of electric and...

Greece real estate fund acquired 89.4% of the 2-nd mall in Sofia Luylin quarter

Tue, 22 Dec 2015 11:41:00 +0200

Properties: Greece real estate fund acquired 89.4% of the 2-nd mall in Sofia Luylin quarter
Greece real estate fund NBG Pangаea acquired 89.4% of the second Luylin-based mall, under the name of Plaza West. The value of the deal is EUR 23 million. The deal became real almost a year after the ...

Russians are the largest single group of foreigners resident in Bulgaria

Tue, 22 Dec 2015 11:28:00 +0200

Society: Russians are the largest single group of foreigners resident in Bulgaria
The number of foreigners living in Bulgaria is about 57 965, making up about 0.8 % of the country’s population as at January 2014, according to figures released by European Union statistics agency E...

Companies will pay tax "Weekend" for company assets used for private purposes

Fri, 18 Dec 2015 00:07:00 +0200

Business: Companies will pay tax "Weekend" for company assets used for private purposes
Companies will pay VAT on company assets if they start to use them for private purposes. The tax will be paid regardless of the amount and type of goods and services, i.e. it will be collected for the...

Around 30% of the enterprises in Bulgaria use social media to develop their business

Wed, 16 Dec 2015 11:02:00 +0200

Business: Around 30% of the enterprises in Bulgaria use social media to develop their business
Almost one third of the enterprises in Bulgaria - 30.3%, used social media to develop their business activity and enlarge their internet presence in 2015, Bulgaria’s National Statistical Institute a...

Plovdiv Airport will be given on concession

Tue, 15 Dec 2015 07:47:00 +0200

Transport: Plovdiv Airport will be given on concession
Plovdiv Airport will be given on concession, said Mayor of Plovdiv Ivan Totev. He is to meet with the director of the airport, to obtain further information about his condition in the next days. Both...

A Sofia-based family company is offering bamboo toothbrushes

Tue, 15 Dec 2015 07:41:00 +0200

Business: A Sofia-based family company is offering bamboo toothbrushes
A Sofia-based family company under the name of Norte is offering bamboo toothbrushes under the brand of Nordics. The idea is the toothbrush to be made of bamboo, not from plastics. The provider of the...

9 banks interested in lending money to BEH to repay debt to 2 US companies

Wed, 09 Dec 2015 14:28:00 +0200

Finances: 9 banks interested in lending money to BEH to repay debt to 2 US companies
9 banks have confirmed interest in lending up to EUR 650 BGN to the state-owned BEH (Bulgarian Energy Holding). The energy group is seeking the money to enable its indebted subsidiary National...

A Bulgarian-American company 411 Marketing plans new investments in Varna

Wed, 09 Dec 2015 14:24:00 +0200

Business: A Bulgarian-American company 411 Marketing plans new investments in Varna
A Bulgarian-American company 411 Marketing plans new investments in Varna in 2016, which will lead to opening of over 40 new jobs and the recruitment of specialists in the field of IT and SEO. 411 Ma...

The employees from Sofia have salary greater double those of Vidin and Blagoevgrad

Wed, 09 Dec 2015 14:09:00 +0200

Society: The employees from Sofia have salary greater double those of Vidin and Blagoevgrad
People working in the Bulgarian capital of Sofia earn on average double the remuneration paid to their counterparts in the towns of Vidin and Blagoevgrad. This is shown by the figures of the NSI for...

Bulgarian ski resort Bansko offers the best value for skiers and snowboarders this season

Fri, 06 Nov 2015 01:56:00 +0200

Travel: Bulgarian ski resort Bansko offers the best value for skiers and snowboarders this season
Bulgarian ski resort Bansko and Eastern Europe in general offer the best value for skiers and snowboarders this season, according to an annual TripAdvisor cost comparison study of 42 selected...

VMZ Sopot registered profit of BGN 14.9 million for the first 9 months of 2015

Wed, 04 Nov 2015 02:58:00 +0200

Business: VMZ Sopot registered profit of BGN 14.9 million for the first 9 months of 2015
After a reported loss of BGN 1.2 million for the first six months of the year now VMZ Sopot registered profit to the amount of BGN 14.9 million for the first three quarters of the year. It is thus...

Decrease of number of visitors from abroad to Bulgaria

Tue, 03 Nov 2015 01:19:00 +0200

Travel: Decrease of number of visitors from abroad to Bulgaria
Number of arrivals of visitors from abroad to Bulgaria in September 2015 was 1,055,900 or 4.7% under the level of September 2014. A decrease was registered in the trips by all observed purposes: with...

Egyptian businessman developes large factory in Katuntsi.

Wed, 28 Oct 2015 02:08:00 +0200

Business: Egyptian businessman developes large factory in Katuntsi.
A large factory of an Egyptian businessman is under construction in Katuntsi. It will employ 150 people at the beginning, and intentions of the Egyptian businessman are to hire over 400 workers within...

Bulgaria will exchange with over 51 countries information for personal and corporate bank accounts

Wed, 28 Oct 2015 01:59:00 +0200

Finances: Bulgaria will exchange with over 51 countries information for personal and corporate bank accounts
Bulgaria will receive information about the bank accounts of its citizens and companies in over 51 countries. Among them are the European Union and countries from Asia, Africa and South America....

Turkish automotive lighting producer Sa-ba plans to set up a new factory in Dimitrovgrad

Wed, 28 Oct 2015 01:48:00 +0200

Business: Turkish automotive lighting producer Sa-ba plans to set up a new factory in Dimitrovgrad
Turkish automotive lighting producer Sa-ba is aiming to set up a new factory in Dimitrovgrad, in Bulgaria’s south-eastern part. The investment is expected to be worth some BGN 6m (€3.1m), reports loc...