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Invest Bulgaria News Directory

(1394 Stories Found)

EUROPEAN COMMISSION OPENS INFRINGEMENT PROCEDURE AGAINST BULGARIA OVER RESTRICTIONS AGAINST SELLING LAND TO FOREIGNERS

EUROPEAN COMMISSION OPENS INFRINGEMENT PROCEDURE AGAINST BULGARIA OVER RESTRICTIONS AGAINST SELLING LAND TO FOREIGNERS
Source: sofiaglobe.com - (15/04/2015)

Topics: Financial      

The European Commission said on March 26 that it had opened an infringement procedure against Bulgaria on what the commission termed investor restrictions for agricultural land. The announcement said that infringement procedures also had been opened against Hungary, Lithuania and Slovakia on the same grounds. Bulgaria has legislated restrictions on the sale of agricultural land to non-EU foreign individuals and companies, although the country recently backtracked on a provision for huge...


CONSTRUCTION WORKS AT BULGARIAN BLACK SEA COAST CAMPSITE TEMPORARILY STOPPED

CONSTRUCTION WORKS AT BULGARIAN BLACK SEA COAST CAMPSITE TEMPORARILY STOPPED
Source: novinite.com - (15/04/2015)

Topics: Construction      

Construction works of a holiday village at campsite Yug (South) on Bulgaria’s Black Sea coast will be stopped temporarily over minor flaws in the documents, according to Regional Development Minister Lilyana Pavlova. Commenting on the freshly released photographs of concrete foundations of buildings laid at a distance of approximately 60-70 meters away from the beach, Pavlova said Tuesday that a check had shown that the property was located on private urbanized terrain. She told...


WEATHER IN BULGARIA PERFECT FOR MOUNTAIN TOURISM

WEATHER IN BULGARIA PERFECT FOR MOUNTAIN TOURISM
Source: focus-fen.net - (15/04/2015)

Topics:       Tourism

Weather in Bulgaria is perfect for tourism in the mountains on Wednesday, April 15, the Mountain Rescue Service with the Bulgarian Red Cross announced for FOCUS News Agency. Temperatures vary between 1 C and 5°C. The sports facilities are operating everywhere. No incidents with tourists have been reported in the past twenty-four hours. More information about the situation and the weather in the mountains is available on the official website of the Mountain Rescue Service ( www.pss.bg/ )...


WESTINGHOUSE CONTINUES TALKS WITH BULGARIA ON KOZLODUY 7

WESTINGHOUSE CONTINUES TALKS WITH BULGARIA ON KOZLODUY 7
Source: world-nuclear-news.org - (14/04/2015)

Topics: Economy      

Westinghouse Electric Company and the Bulgarian government are in talks to set a structure and timeline for their agreement to build a seventh reactor at the Kozloduy nuclear power plant. The discussions follow the expiry on 31 March of a shareholder agreement the US-based company signed with the previous government in August last year. Under that agreement, Westinghouse would be responsible for providing all of the plant equipment, design, engineering and fuel for the new unit. At that time,...


BULGARIA INVESTS EUR 1.8 BLN ABROAD FOR THE PAST 10 YEARS

BULGARIA INVESTS EUR 1.8 BLN ABROAD FOR THE PAST 10 YEARS
Source: focus-fen.net - (14/04/2015)

Topics: FDI in Bulgaria      

Sofia. Bulgaria’s direct investments abroad amounted to EUR 162 million in 2014 and EUR 1.8 billion for the past 10 years, Investor.bg estimated based on Bulgarian National Bank’s data, Standart daily reads. Bulgarian investments abroad were 10.4% less in 2014 compared to 2013 and 3 times less than the peak of Bulgarian investments abroad in 2008. The volume of Bulgarian investments abroad is a few times smaller than the capital flows entering Bulgaria. Foreign direct investments (FDI) in...


ACCESSION TO THE SCHENGEN AREA IS A PRIORITY FOR BULGARIA AND CROATIA

ACCESSION TO THE SCHENGEN AREA IS A PRIORITY FOR BULGARIA AND CROATIA
Source: focus-fen.net - (14/04/2015)

Topics: Politics      

President Kolinda Grabar-Kitarovic thanked for Bulgaria of support for Croatia's membership in the EU and NATO. This became clear at a meeting between Bulgarian President Rosen Plevneliev who is paying an official visit to Croatia and President Kolinda Grabar-Kitarovic, the press secretariat of the head of state announced. Accession to the Schengen area is a priority for Bulgaria and Croatia, the two countries will join efforts to achieve this goal. President Plevneliev said that in 2010 the...


SOFIA IS AN EXAMPLE OF SUCCESSFUL MULTI-FINANCING: MINISTER FOR REGIONAL DEVELOPMENT

SOFIA IS AN EXAMPLE OF SUCCESSFUL MULTI-FINANCING: MINISTER FOR REGIONAL DEVELOPMENT
Source: focus-fen.net - (14/04/2015)

Topics: Financial      

Sofia. “Sofia is an example of successful multi-financing,” Minister for Regional Development and Public Works Lilyana Pavlova said during the EUROCITIES Forum, a reporter of FOCUS News Agency announced. "After Bulgaria's EU accession the Regional Development OP provided for resource of about BGN 400 million for integrated public transport. When we started to manage, yet we had no vision of how to do this. With the help of the European Commission was created a unit for integrated public...


NSI: BULGARIA'S EXPORTS TO THE EU INCREASED BY 16.7% IN JANUARY 2015 COMPARED TO THE SAME MONTH OF 2014

NSI: BULGARIA'S EXPORTS TO THE EU INCREASED BY 16.7% IN JANUARY 2015 COMPARED TO THE SAME MONTH OF 2014
Source: focus-fen.net - (14/04/2015)

Topics: Economy      

Sofia. In January 2015, Bulgaria's exports to the EU increased by 16.7% over the same month of 2014 and amounted to BGN 2.3 billion, according to statistics from the National Statistical Institute (NSI). Major trade partners of Bulgaria were Germany, Italy, Greece, Romania, France and Belgium, which form 70.0% of the exports to EU member countries. Bulgaria's imports from the EU in January 2015 increased slightly compared to the same month of 2014 and amounted at BGN 2.3 billion in CIF prices....


MAKING ALL INVESTMENTS SUSTAINABLE IS MY PRIORITY: SOFIA MAYOR

MAKING ALL INVESTMENTS SUSTAINABLE IS MY PRIORITY: SOFIA MAYOR
Source: focus-fen.net - (14/04/2015)

Topics: Investments      

Picture: Focus Information AgencySofia. “Over the past few years we developed measures to relief vehicular traffic, increase quality of public transport, and reduce harmful emissions.” That is what Sofia Mayor Yordanka Fandakova said at the opening of the EUROCITIES Forum in Sofia, a reporter of FOCUS News Agency announced. “This is great challenge for our capital city. Recently European mayors met in Paris. The problems are common and we must look for solutions together. A priority for me is...


SOFIA MUNICIPALITY WILL HOST EUROCITIES CONFERENCE

SOFIA MUNICIPALITY WILL HOST EUROCITIES CONFERENCE
Source: focus-fen.net - (14/04/2015)

Topics: Economy      

The EUROCITIES Forum will be taking place in Sofia, Bulgaria, under the theme “Funding of Public Transport and New Business Models”. EUROCITIES is the network of major cities in Europe and currently gathers the local governments of over 50 of Europe’s largest cities from across 30 European countries. All of them share knowledge and exchange ideas throughout six forums, including the environment and mobility one; a wide range of working groups, events, EU-funded projects, in which EUROCITIES...


EU FUNDING PROVIDED TO STARTUP COMPANIES

EU FUNDING PROVIDED TO STARTUP COMPANIES
Source: focus-fen.net - (14/04/2015)

Topics: Financial      

Companies should take advantage of EU finding under the new OP Innovations and Competitiveness as a means to start and develop their business and not rely on it permanently, said Economy Minister Bozhidar Lukarski in an interview with Bulgaria on Air. Following April 20 applications will be accepted under the first axis of the OP – Improvement of the Production Capacity of SMEs. The total funding earmarked under the axis is EUR 150 million, while the companies which fail to achieve the...


RESIDENTIAL BUILDINGS RENOVATED IN SECTIONS

RESIDENTIAL BUILDINGS RENOVATED IN SECTIONS
Source: focus-fen.net - (14/04/2015)

Topics: Construction      Construction

Large blocks of flats with numerous entrances will receive the right to be renovated in sections and not as whole buildings. This is one of the changes under preparation in the national building renovation programme, proposed by the National Association of Municipalities in the Republic of Bulgaria. So far the total number of registered associations of home owners is over 1,600. Over 600 applications for financing have been filed with the Bulgarian Development Bank (BDB) and over 370...


BGN 4.5 MN INVESTED IN RESTORATION OF ROMAN FORTRESS IN BULGARIA’S KYUSTENDIL: MAYOR (ROUNDUP)

BGN 4.5 MN INVESTED IN RESTORATION OF ROMAN FORTRESS IN BULGARIA’S KYUSTENDIL: MAYOR (ROUNDUP)
Source: focus-fen.net - (14/04/2015)

Topics:       Tourism

Petar Paunov, Mayor of district centre Kyustendil commented, speaking for FOCUS News Agency on the restoration of the Roman fortress in the town and other topical matters. ”BGN 4.5 million was invested in the restoration of the Roman fortress in Kyustendil,” Mr Paunov said. ”In case there was a ready technical project, we managed it in only 6 and a half months owing to builders and their so far perfect work. Final work on infrastructure is to be done, namely fence elements and parking spaces...


BULGARIA’S PIROGOV HOSPITAL HOLDS BRIEFING (ROUNDUP)

BULGARIA’S PIROGOV HOSPITAL HOLDS BRIEFING (ROUNDUP)
Source: focus-fen.net - (14/04/2015)

Topics: Health      

A briefing dedicated to the cases of patients admitted to the medical establishment during the Easter holidays over food and alcohol poisoning was held Monday at Pirogov hospital in the capital Sofia. Dr Kiril Hristov, surgeon at the second surgery clinic of the Pirogov hospital in the capital city Sofia, spoke at the event. ”During the holidays an aggressive patient aged about 70 was admitted to the Pirogov [hospital],” he said. ”He displayed verbal aggression. He complained upon being...


BULGARIA’S REGIONS, NATIONAL INFRASTRUCTURE DEVELOPMENT COUNCIL HOLDS SITTING IN SMOLYAN (ROUNDUP)

BULGARIA’S REGIONS, NATIONAL INFRASTRUCTURE DEVELOPMENT COUNCIL HOLDS SITTING IN SMOLYAN (ROUNDUP)
Source: focus-fen.net - (14/04/2015)

Topics: Infrastructure      

Bulgarian President Rosen Plevneliev opened Tuesday the off-site sitting of the Regions and National Infrastructure Development Council with the President’s Office at the building hosting Smolyan Municipality. The sitting was themed “State policy on encouraging the economic activity in the poorly developed and disadvantaged regions in Bulgaria. Alternatives to the traditional productions”. The event was also attended by Deputy Prime Minister for EU Funds and Economic Policies Tomislav...


IT IS IMPORTANT WE TODAY FORMULATED SOME QUESTIONS TO BULGARIA’S SANS: MP AFTER SITTING ON CORPBANK CASE

IT IS IMPORTANT WE TODAY FORMULATED SOME QUESTIONS TO BULGARIA’S SANS: MP AFTER SITTING ON CORPBANK CASE
Source: focus-fen.net - (14/04/2015)

Topics: Financial      

"Information we discussed will be gathered and used entirely in formal matters. What is important is that we today formulated some questions to the State Agency for National Security (SANS)," said MP Desislava Atanasova, Chairperson of the parliamentary ad-hoc committee in charge of investigating the case of Corporate Commercial Bank (CorpBank), speaking after a sitting of the committee, which lasted for some 3 and a half hours, FOCUS News Agency reported. "The SANS Chairperson was here, as...


VELIZAR ENCHEV, FOUNDER OF “BULGARIAN SPRING” MOVEMENT: IT IS TIME FOR RADICAL BREAK WITH NEOLIBERAL POLICIES

VELIZAR ENCHEV, FOUNDER OF “BULGARIAN SPRING” MOVEMENT: IT IS TIME FOR RADICAL BREAK WITH NEOLIBERAL POLICIES
Source: novinite.com - (14/04/2015)

Topics: Politics      

Velizar Enchev has a degree in journalism from the Sofia University “St. Kliment Ohridski.” He was a correspondent of the Bulgarian National Television in former Yugoslavia in the period 1987 – 1993. He was Bulgaria’s Ambassador to Croatia in the period 1997 – 2002. After that Enchev was TV host of a broadcast of SKAT TV. He entered the 43rd National Assembly as MP from the Patriotic Front. After a scandal with one of the leaders of the coalition, Valeri Simeonov, Enchev left the parliamentary...


BULGARIA'S ENERGY MINISTER MULLS LEVYING ENERGY EXPORTS

BULGARIA'S ENERGY MINISTER MULLS LEVYING ENERGY EXPORTS
Source: novinite.com - (14/04/2015)

Topics: Economy      

Electricity generated for exports and for the domestic market should be equally levied with the "liabilities to society" tax, Bulgarian Energy Minister Temenuzhka Petkova has said. Petkova said in an interview with daily Standart that the current regime was working to the disadvantage of Bulgarian businesses, since their competitors from neighboring countries are able to purchase cheaper energy. For years Bulgaria has been selling electricity to neighbors with a per kW/h price that could...


CONSTRUCTION WORKS ALONG BULGARIA'S BLACK SEA COASTLINE CAUSE TURMOIL

CONSTRUCTION WORKS ALONG BULGARIA'S BLACK SEA COASTLINE CAUSE TURMOIL
Source: novinite.com - (14/04/2015)

Topics: Construction      

Construction works in the gulf of Coral, near camping South have started days prior to the Easter celebrations in Bulgaria. Two fundaments have been laid at a distance of approximately 60-70 meters away from the beach. In the words of environmental activists construction plans involve a mini village of 16 houses with a total surface of over 1,200 square meters. Representatives of the NGO Let's Save Coral have stated that construction in those territories is violation the law regarding...


BULGARIA’S INDEX OF PRODUCTION IN CONSTRUCTION UP 0.3% IN FEBRUARY
Source: focus-fen.net - (14/04/2015)

Topics:       

According to the preliminary data of Bulgaria’s National Statistical Institute, in February 2015 the index of production in sector ‘Construction’ calculated on the base of seasonally adjusted data was 0.3% above the level of the previous month. In February 2015 working day adjusted data showed a decrease by 1.8% in the construction production, compared to the same month of 2014. In February 2015 the construction production, calculated from the seasonally adjusted data, was above the level of...



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