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Invest Bulgaria News Directory

(1394 Stories Found)

FOREIGN INVESTMENT IN BULGARIA WITH MARGINAL UP AUGUST - REPORT

FOREIGN INVESTMENT IN BULGARIA WITH MARGINAL UP AUGUST - REPORT
Source: novinite.com - (17/10/2010)

Topics:       

There has been a slight raise of foreign investments in Bulgaria for August, reported the Association for the Promotion of Foreign Investments. This information, reported by the Bulgarian National Radio, comes after a long time of steady dropping of FDIs to the crisis-hit country. According to data from the Bulgarian National Bank, investments for the frist eight months of 2010 have been just 40% of the amount for the same period 2009 and totalled just EUR 830 M. A large part of the...


ECONOMY MINISTER: BOTH BULGARIA, ROMANIA TO PROFIT FROM SOUTH STREAM

ECONOMY MINISTER: BOTH BULGARIA, ROMANIA TO PROFIT FROM SOUTH STREAM
Source: novinite.com - (16/10/2010)

Topics:       

Both Bulgaria and Romania might profit from South Stream, stated Bulgarian economy minister Traikov, commenting on views that the two countries are competing for a place in the Russian project. Speaking in an interview for the Bulgarian National Radio, Traikov stated that there are many opportunities for the route of the South Stream pipe and that there are possibilities for branches from the main route that can lead to neighboring countries like Romania. Friday Gazprom CEO Alexei Miller...


BULGARIA EAGER TO EXPAND ECONOMIC TIES WITH CHINA

BULGARIA EAGER TO EXPAND ECONOMIC TIES WITH CHINA
Source: novinite.com - (15/10/2010)

Topics:       

China's Deputy Minister of Trade Gao Hucheng was welcomed in Sofia by Bulgaria's Economy Minister Traicho Traikov. Gao arrived to Bulgaria for the 14th session of the Bulgarian-Chinese Intergovernmental Commission for Economic Cooperation in his capacity as co-chair. On Bulgaria's side, the Commission is co-chaired by Deputy Economy Minster Ivo Marinov. "Bulgaria emphasizes the importance of the project for setting up a joint industrial zone with China in Bozhurishte near Sofia," Traikov...


SOFIA AIRPORT PASSENGERS TRAFFIC UP BY 9,6% Y/Y

SOFIA AIRPORT PASSENGERS TRAFFIC UP BY 9,6% Y/Y
Source: novinite.com - (15/10/2010)

Topics: Business      

The passengers traffic at the Bulgarian Sofia Airport increased by 9,6% in September, year-on-year, reaching a total of 310,000 passengers, officials from the airport have announced. The increase of international flights passengers was 13%, while the growth of people attending internal flights was 9%. The total number of arriving and departure flights in September was 4228, which is an 8,2% increase in comparison to the same month in 2009. A growth by 11,1% was also registered in...


EUROBANK: BULGARIA ECONOMY TO SHRINK 0.3% IN 2010, GROW 2.5% IN 2011

EUROBANK: BULGARIA ECONOMY TO SHRINK 0.3% IN 2010, GROW 2.5% IN 2011
Source: novinite.com - (15/10/2010)

Topics: Financial      

The Bulgarian economy will contract by 0.3% this year and grow by 2.5% in 2011, according to Bulgaria's Postbank, controlled by Greek EFG Eurobank. The bank projects Bulgaria's inflation rate to reach 3% this year and mark a slight decrease to 2.7% in 2011. "The real estate and construction sectors are no longer the drivers of Bulgaria's economy. Exports and tourism are the leading sectors now," says Anthony Hassiotis, the Country Manager for the six affiliated companies of the Eurobank...


BULGARIA TO PUSH FOR LOWER GAS PRICES DURING GAZPROM CEO VISIT

BULGARIA TO PUSH FOR LOWER GAS PRICES DURING GAZPROM CEO VISIT
Source: novinite.com - (15/10/2010)

Topics:       

Bulgaria's government will make a new attempt to cut gas prices and sign a direct gas supply contract with Russian energy giant Gazprom during the one-day visit to Sofia of its chief executive officer Alexei Miller. Miller will hold talks with Prime Minister Boyko Borisov and Minister of Economy and Energy Traicho Traikov. Minister Traikov negotiated a gas price reduction during his talks with Russian officials in July and forecast that prices for industry and households will be "a few...


ITALY'S CONFINDUSTRIA BALCANI KICKS OFF IN BULGARIA'S SOFIA

ITALY'S CONFINDUSTRIA BALCANI KICKS OFF IN BULGARIA'S SOFIA
Source: novinite.com - (14/10/2010)

Topics: Business      

More than 400 businesspeople have given the start of Confindustria Balcani, the Balkan association of Italian companies, at a special ceremony in the Bulgarian capital Sofia. The ceremony marked the first session ever of Confindustria Balcani, the union of Italian business associations in the Balkan countries, that took place in Sofia on Wednesday. The brand-new federation brings together Italian entrepreneurs operating in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia,...


NEW REAL ESTATE PRICES IN BULGARIA FACTSHEET ADDED

NEW REAL ESTATE PRICES IN BULGARIA FACTSHEET ADDED
Source: Invest Bulgaria - (14/10/2010)

Topics: Macroeconomic Data   Factsheets   Real Estate

The following sample of random ads is shown with the sole purpose to demonstrate price levels for certain types of properties throughout Bulgaria. These offers are dated Oct...


BULGARIA'S NESSEBAR PUTS END TO UNESCO SITE DOLPHINARIUM SAGA

BULGARIA'S NESSEBAR PUTS END TO UNESCO SITE DOLPHINARIUM SAGA
Source: novinite.com - (14/10/2010)

Topics: Business      Tourism

The town council of Bulgaria's Black Sea resort Nessebar has effectively saved its UNESCO-recognized Old Town from destruction over the construction of a dolphinarium. The Nessebar Dolphinarium saga finally ended on Thursday, after the town councilors approved the settlement between the municipality and Festa Holding, a private company which planned to build a dolphinarium on the small Black Sea peninsula harboring the Old Town, an UNESCO World Heritage site. In a special press statement,...


BULGARIA'S 2010 FDI EXPECTED TO REACH EUR 2 B

BULGARIA'S 2010 FDI EXPECTED TO REACH EUR 2 B
Source: novinite.com - (14/10/2010)

Topics: FDI in Bulgaria      

By the end of 2010, Bulgaria will likely have attracted a total of EUR 2 B in foreign direct investments, forecast Borislav Stefanov, head of the InvestBulgaria Agency. This development would still be a substantial decline as in 2009 Bulgaria attracted a total of EUR 3.2 B of foreign investments, not to mention a comparison with the pre-crisis years: EUR 6 B in 2008, and EUR 9 B in the record 2007. The top sectors that have drawn foreign direct investments in Bulgaria to date are the...


GAZPROM RENEWS THREAT TO SWAP BULGARIA FOR ROMANIA IN SOUTH STREAM

GAZPROM RENEWS THREAT TO SWAP BULGARIA FOR ROMANIA IN SOUTH STREAM
Source: novinite.com - (14/10/2010)

Topics: Business      

Russian energy giant Gazprom has practically renewed its threat to replace Bulgaria with Romania as the primary transit hub of the South Stream gas pipeline. This view is expressed in an article of the Russian business newspaper RBK Daily entitled "Gazprom Threatens Bulgaria Again." The paper points out that Wednesday's news of Gazprom signing a memorandum of mutual understanding with Romania's company Transgas are a clear sign that Russia could decide to go for picking Romania as a...


BULGARIA EXTENDS DEADLINE AS CLOSURE LOOMS FOR 1 MILLION FIRMS

BULGARIA EXTENDS DEADLINE AS CLOSURE LOOMS FOR 1 MILLION FIRMS
Source: novinite.com - (14/10/2010)

Topics: Business      

The Bulgarian Cabinet has approved draft amendments to extend by 6 months the legal deadline for the campaign to register anew all firms in the country. Under the Commercial Register Act changes adopted in 2008, all active legal companies in Bulgaria are required to make new registration with the Registry Agency so that inactive and "ghost" firms can be eliminated from the entries. Less than three months before the deadline about 285 000 firms renewed their registration, in addition to...


BULGARIAN POWER UTILITY CEZ INVESTS BGN 3 M IN WINTER REPAIRS

BULGARIAN POWER UTILITY CEZ INVESTS BGN 3 M IN WINTER REPAIRS
Source: novinite.com - (14/10/2010)

Topics: Investments      

The Czech-owned electric power utility CEZ, servicing western Bulgaria, announces BGN 2.9 M in new investments in their network. The money is slated for repairs and improvements of the network and preparation for the winter tourist season. The largest investment project, to be launched in October, is planned for the resort village of Ribaritsa where nearly BGN 900 000 would be used for network reconstruction. The company's management point out the resort has many hotels while the...


PM: BULGARIA HAS FANTASTIC TAX RATES!

PM: BULGARIA HAS FANTASTIC TAX RATES!
Source: novinite.com - (14/10/2010)

Topics: Financial      

Bulgaria's prime minister has described taxes in his country, which has a flat tax applicable for all income levels and one of the lowest effective rates in the world, as "fantastic". "Bulgaria has at the moment low, favorable, fantastic tax rates. I would have rather expected our employers and businessmen to take every care that nothing bad is said about the government," Boyko Borisov told his ministers, according to the shorthand from their meeting on Wednesday. "Given the conditions of...


BULGARIA, BRAZIL DEALS NEEDED TO COMPLIMENT EU-MERCOSUR TIES

BULGARIA, BRAZIL DEALS NEEDED TO COMPLIMENT EU-MERCOSUR TIES
Source: novinite.com - (13/10/2010)

Topics: Business      

An agreement for the avoidance of double taxation between Bulgaria and Brazil is believed to boost the economic ties between the two countries. This is the conclusion of a meeting of Bulgaria's Honorary Consul in Brazil Joao Vaz, and the Bulgarian Chamber of Commerce and Industry (BCCI). An agreement for the encouragement and mutual protection of investments is also said to be very important, should the two countries want to expand their economic exchange. The BCCI thinks Bulgaria's...


BULGARIA HOSTS 1ST BLACK SEA FONASBA CONFERENCE

BULGARIA HOSTS 1ST BLACK SEA FONASBA CONFERENCE
Source: novinite.com - (13/10/2010)

Topics: Business      

Bulgaria's Varna has hosted the first ever annual conference of the Federation of National Associations of Ship Brokers and Agents (FONASBA) to take place in the Black Sea region. Over 80 ship brokers from 50 countries have come together for the 41st annual conference of FONASBA taking place in the Golden Sands resort near Varna October 11-15, 2010. "The international ship transport sector is overcoming the crisis. Each day we say signs that the shipping industry is getting beyond the...


NEW OPERATIONAL COSTS IN BULGARIA FACTSHEET ADDED

NEW OPERATIONAL COSTS IN BULGARIA FACTSHEET ADDED
Source: Invest Bulgaria - (12/10/2010)

Topics: Macroeconomic Data   Factsheets   

The figures presented in this Factsheet are estimated average costs when setting up a business in Bulgaria. Costs are in Bulgarian Leva (BGL) and are merely a guideline. (Exchange rate USD 1=BGL 1.45, Sept...


NEW CREDIT RATINGS OF BULGARIA FACTSHEET ADDED

NEW CREDIT RATINGS OF BULGARIA FACTSHEET ADDED
Source: Invest Bulgaria - (12/10/2010)

Topics: Macroeconomic Data   Factsheets   

Credit ratings for Bulgaria by major international investment houses - Invest Bulgaria.com Fact...


NEW SALARIES COMPARISON FACTSHEET ADDED

NEW SALARIES COMPARISON FACTSHEET ADDED
Source: Invest Bulgaria - (12/10/2010)

Topics: Macroeconomic Data   Factsheets   

Salaries for the positions of Senior Programmer, Sales Representative, Managing Director and a Plumber in Bulgaria are compared with those of 8 other countries....


NEW FDI IN BULGARIA FACTSHEET ADDED

NEW FDI IN BULGARIA FACTSHEET ADDED
Source: Invest Bulgaria - (11/10/2010)

Topics: Macroeconomic Data   Factsheets   

A new factsheet that shows yearly graphs of Foreign direct investments in Bulgaria by country was added on the site of Invest Bulgaria....



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All News Pieces: 1385



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