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Invest Bulgaria News Directory

(1394 Stories Found)

BULGARIAN RESORT SUNNY BEACH DEMANDS BRITISH POLICE OFFICERS FOR 2012

BULGARIAN RESORT SUNNY BEACH DEMANDS BRITISH POLICE OFFICERS FOR 2012
Source: novinite.com - (26/08/2011)

Topics:       Tourism

Bulgaria's popular southern Black Sea resort of Sunny Beach wants British police officers to patrol it during the next tourist season. "We are sure this would be a fairly effective way of collaboration, because it would improve the tourists' security. It would create some respect in our foreign guests who break and demolish things, create conflicts and offend police officers," Georgi Nedelchev, chair of the Sunny Beach hotel owners' union, said. Nedelchev was positive that the police...


BULGARIA SEES INCREASE OF FOREIGN VISITORS JULY 2011 Y/Y

BULGARIA SEES INCREASE OF FOREIGN VISITORS JULY 2011 Y/Y
Source: novinite.com - (26/08/2011)

Topics:       Tourism

The number of arrivals of visitors from abroad to Bulgaria in July 2011 was 1 609 900, which indicates a 2.6% increase year on year, the country's National Statistical Institute says. Tourism is the main reason for the increase, as the arrivals with holiday and recreation purpose increased by 4.7% compared to the corresponding month of 2010 and composed the greatest share of the total number of foreigners visited Bulgaria – 60.9% A total of 25% of the visitors passed transit, while 6.7...


BULGARIAN CABINET PROMISES NOT TO RAISE TAXES WHILE IN POWER

BULGARIAN CABINET PROMISES NOT TO RAISE TAXES WHILE IN POWER
Source: novinite.com - (25/08/2011)

Topics: Financial      

Bulgaria's government of Prime Minister Boyko Borisov and his center-right GERB party will not raise taxes until its term ends in 2013, the country's Finance Minister and Deputy PM Simeon Djankov promised Thursday. In in interview for the Bulgarian National Television, Djankov also revealed he has reached a consensus with Interior Minister and fellow-Deputy PM Tsvetan Tsvetanov concerning the "new state budget balance" issue. Recently, the Finance Minister stated that the Bulgarian...


SOFIA TURNS ROMANIA-BULGARIA-GREECE DREAM ROAD INTO PRIORITY PROJECT

SOFIA TURNS ROMANIA-BULGARIA-GREECE DREAM ROAD INTO PRIORITY PROJECT
Source: novinite.com - (24/08/2011)

Topics: Infrastructure      

Bulgaria's Cabinet has declared the road from the Danube city of Ruse on the Romanian border to the Makaza Pass on the Greece border to be a project "of national importance" in a long-awaited move. The Ruse-Makaza road linking Romania and Greece through Central Bulgaria is supposed to be part of the Pan-European Transport Corridor No. 9 leading from Helsinki, the Baltic states, Moscow, Kiev, and Bucharest to the Greek port of Alexandroupolis on the Aegean. The international transport...


GIANT 'DINOSAUR' PAYS VISIT TO BULGARIA'S VARNA

GIANT 'DINOSAUR' PAYS VISIT TO BULGARIA'S VARNA
Source: novinite.com - (24/08/2011)

Topics:       Tourism

A peculiar tourist attraction – a 45-meter-long artificial dinosaur has arrived in Bulgaria's Black Sea capital Varna. The curious are welcome to take a tour inside the giant Hollywood-manufactured beast and feel its heartbeat and breathing, as well as experience a variety of visual and sound effects. The "creature" is one of only seven existing in the world, the Bulgarian BGNES news agency says, pointing out they trigger immense interest in all cities they travel through. The...


SOFIA AIRPORT TO MANAGE BULGARIA'S 3RD BLACK SEA AIRPORT IN BALCHIK

SOFIA AIRPORT TO MANAGE BULGARIA'S 3RD BLACK SEA AIRPORT IN BALCHIK
Source: novinite.com - (24/08/2011)

Topics: Economy      

Bulgaria's Cabinet has assigned the management of the future civilian airport at the Black Sea town of Balchik to Sofia International Airport. “Sofia Airport, whose parent organization is the Ministry of Transport, IT and Communications, has sufficient management experience that will guarantee the execution of the project [for Balchik Airport]. This will create an opportunity for Balchik Airport to start accepting civilian flights shortly,” the Bulgarian government said in its announcement...


BULGARIA CLUELESS ON TOURIST NUMBERS IN ITS BLACK SEA RESORTS

BULGARIA CLUELESS ON TOURIST NUMBERS IN ITS BLACK SEA RESORTS
Source: novinite.com - (24/08/2011)

Topics:       Tourism

The chaotic urban development of the Bulgarian Black Sea resorts has been exposed as the Regional Development Ministry is trying to figure out how many tourists reside in each one of them over the summer. "The Bulgarian state will not pour a single buck into the construction of water purification facilities in the resorts until it gets precise data about the residents of each municipality from at least three sources," Bulgarian Regional Development Minister Rosen Plevneliev declared...


BULGARIAN CUSTOMS AGENCY INSPECTS LUKOIL ON SUSPICIONS OF TAX EVASION

BULGARIAN CUSTOMS AGENCY INSPECTS LUKOIL ON SUSPICIONS OF TAX EVASION
Source: novinite.com - (22/08/2011)

Topics: Economy      

Bulgaria's Customs Agency is checking whether Lukoil Neftochim is being siphoned off by its subsidiary Litasco, which controls volumes entering and exiting the oil refinery. The announcement was made Sunday by Customs Agency head Vanyo Tanov in interview for the Bulgarian National Radio (BNR). He explained that Litasco was an intermediary company registered in Switzerland. As Litasco had been tasked with determining both crude oil prices and prices of exported end-products, Tanov...


BULGARIAN GOVT GRANTS NEW 'FINAL' EXTENSION ON BA OIL PIPELINE

BULGARIAN GOVT GRANTS NEW 'FINAL' EXTENSION ON BA OIL PIPELINE
Source: novinite.com - (22/08/2011)

Topics: Economy      

The Bulgarian government has granted Trans-Balkan Pipeline, a Bulgarian-Greek-Russian project company, another extension on the environmental assessment of the Burgas-Alexandroupolis oil pipeline project. Bulgaria's Environment Ministry is granting TBP until September 30, 2011, to submit anew its environment assessment impact study on the troubled oil pipeline project. The new extension means that the deadline for the final decision of the Bulgarian Environment Ministry and the Cabinet as...


EC LAUDS BULGARIAN CAPITAL'S UNDERGROUND

EC LAUDS BULGARIAN CAPITAL'S UNDERGROUND
Source: novinite.com - (21/08/2011)

Topics:       

The project for the underground network of Bulgaria's capital Sofia is exemplary, according to a source in the European Commission, reports Bulgarian EU Funds Minsiter Tomislav Donchev. According to Donchev, the DG Regional Policy representative has said that anyone building a city metro should go to Bulgaria to learn from the way the Sofia network is being built. "Your metro is an excellent project, both in terms of speed and quality," reported the eurocrat's words a happy Minister...


BULGARIAN CUSTOMS HEAD: LUKOIL HAS TAX PROBLEMS, GETS BETTER

BULGARIAN CUSTOMS HEAD: LUKOIL HAS TAX PROBLEMS, GETS BETTER
Source: novinite.com - (21/08/2011)

Topics: Economy      

Lukoil Bulgaria has been chronically failing to adequately pay its taxes, according to Bulgarian Customs Agency head Vanyo Tanov. Recently a controversy developed in Bulgaria, after Tanov ordered a retraction of operation licenses of Lukoil Neftochim - the country's largest refinery - on the grounds it did not adequately disclose the amounts of fuel it is selling. Lukoil appealed and the courts gave it back the right to operate, on the grounds that if it stopped that would cause a...


BULGARIA OPENS BIDS FOR STRUMA HIGHWAY LOT 4

BULGARIA OPENS BIDS FOR STRUMA HIGHWAY LOT 4
Source: novinite.com - (19/08/2011)

Topics: Economy      

Bulgaria's Minister of Regional Development and Public Works, Rosen Plevneliev, is attending Friday the opening of the public tender bids for Lot 4 of the Struma Highway. The news was reported by the TV channel bTV. Lot 4 runs between the southern town of Sandanski and Kulata on the Greek border and is 15 km-long. The investment amount is estimated at EUR 53 M, and it is financed by the EU operational program Transport. The Struma Highway starts at the Daskalovo road junction to the...


SOFIA AIRPORT TO LAUNCH NEW AIR TRAFFIC CONTROL TOWER IN 2012

SOFIA AIRPORT TO LAUNCH NEW AIR TRAFFIC CONTROL TOWER IN 2012
Source: novinite.com - (19/08/2011)

Topics:       Tourism

The Bulgarian Air Traffic Services Authority (BULATSA) and construction company Glavbolgarstroy have signed a contract for the preliminary design and construction of a new control tower at Sofia Airport. The air traffic control tower will be 50 meters high and will be built near Terminal 2 so that the two units suit each other in terms of architecture. "The height and the location of the tower have been selected so as to ensure that the airport will remain functional for at least 40...


15 FIRMS BID FOR EUR 53 M SECTION OF BULGARIA'S STRUMA HIGHWAY

15 FIRMS BID FOR EUR 53 M SECTION OF BULGARIA'S STRUMA HIGHWAY
Source: novinite.com - (19/08/2011)

Topics: Economy      

A total of 15 Bulgarian and foreign companies have applied in the tender to build Lot 4 of Bulgaria's southwestern Struma Highway, the Road Infrastructure Agency announced upon opening the bids. The applicants are from Austria, Bulgaria, Croatia, Germany, Greece, Italy, and Turkey, Bulgaia's Regional Development Minister Rosen Plevneliev announced. Their number is the second highest number of bidders for a highway section in Bulgaria after earlier this year 17 companies competed for one of...


BULGARIA'S AILING RAILWAYS GET TOUGH, RAISE REVENUES

BULGARIA'S AILING RAILWAYS GET TOUGH, RAISE REVENUES
Source: novinite.com - (19/08/2011)

Topics: Economy      

Bulgaria's troubled state railway company BDZ has managed to increase its revenues from ticket sales by boosting its travel inspections and policing. In January-July 2011, BDZ's revenues from the sale of tickets on board of trains grew by almost 11% compared with the same period of 2010, while in July alone, the respective revenues rose by 14%, the company announced Friday. "As a result of the constant measures that the BDZ EAD Holding is implementing in order to reduce to the minimum the...


TANGIBLY MORE FOREIGN TOURISTS VISITED BULGARIA IN Q2 2011

TANGIBLY MORE FOREIGN TOURISTS VISITED BULGARIA IN Q2 2011
Source: novinite.com - (18/08/2011)

Topics:       Tourism

Data from the Bulgarian National Statistical Institute (NSI) is confirming the various reports that Bulgaria's tourism sector is enjoying a very strong summer season in 2011. The total revenue from tourist accommodation (i.e. hotel room and apartment stays) in Bulgaria in the second quarter of 2011 reached BGN 165.3 M, an increase of 14.4% year-on-year compared with the same quarter of 2010, NSI announced Thursday. The accommodation income from foreign tourists in Q2 is reported to have...


ROLLING STONE MAGAZINE FAILS TO SURVIVE IN BULGARIA

ROLLING STONE MAGAZINE FAILS TO SURVIVE IN BULGARIA
Source: novinite.com - (18/08/2011)

Topics:       

One of the most popular magazines in the music world, Rolling Stone, has stopped to appear in a Bulgarian language edition less than two years after its launch. Rolling Stone stepped on the Bulgarian market in November 2009 with the ambition to play a significant role in covering the musical and entertainment interests of the young people of Bulgaria, as it has successfully done in the US for more that 40 years. Due to the adverse economic climate in Bulgaria, however, the publishers...


BCCI: ZAMBIA OFFERS BIG OPPORTUNITIES FOR BULGARIAN BUSINESS

BCCI: ZAMBIA OFFERS BIG OPPORTUNITIES FOR BULGARIAN BUSINESS
Source: novinite.com - (18/08/2011)

Topics: Economy      Agriculture

Bulgaria must seek new markets for its products, and the countries in Southern Africa such as Zambia offer big opportunities, according to officials from the Bulgarian Chamber of Commerce and Industry (BCCI). The business opportunities in Zambia have been surveyed by Raycho Iliev, BCCI representative for Southern Africa, who has informed about them BCCI Chair Tsvetan Simeonov in a letter, the Chamber's press service announced. Iliev has informed that Zambia has been included in EU's trade...


BULGARIA REGISTERS 0.1% GDP GROWTH Q2 2011 Y/Y

BULGARIA REGISTERS 0.1% GDP GROWTH Q2 2011 Y/Y
Source: novinite.com - (17/08/2011)

Topics: Financial      

The Gross Domestic Product, GDP, increased by 0.2% in both the Eurozone and the EU during the second quarter of 2011, compared with the previous quarter, according to flash estimates. In the first quarter of 2011, growth rates were +0.8% in both zones. The estimates were published by Eurostat, the statistical office of the European Union. Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 1.7% in both zones in the second quarter of 2011, after...


NEW AIR TRAFFIC CONTROL TOWER AT SOFIA AIRPORT TO BE BUILT IN 10 MONTHS

NEW AIR TRAFFIC CONTROL TOWER AT SOFIA AIRPORT TO BE BUILT IN 10 MONTHS
Source: novinite.com - (17/08/2011)

Topics: Economy      

Bulgarian Transport Minister Ivaylo Moskovski will attend Friday the signing of a contract for the preliminary design and construction of a new control tower at Sofia Airport. The document will be signed by the Director General of the Bulgarian Air Traffic Services Authority (BULATSA) Diyan Dinev, Glavbolgarstroy Chief Executive Officer Pavel Kalistratov and Nina Stoyanova, Executive Director and member of the Managing Board of Glavbolgarstroy. The new air traffic control tower is...



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All News Pieces: 1385



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