German discount retailer Lidl said it has expanded its chain in Bulgaria, a move that will heat up further the competition in the sector.
The new shops are located in the capital Sofia and the cities of Burgas, Ruse, Stara Zagora and Vratsa, bringing the total number of Lidl outlets across the country up to sixty.
Lidl opened its first fourteen stores in Bulgaria at the end of November 2010, locating them in eleven cities - Sofia, Plovdiv, Varna, Stara Zagora, Pazardzhik, Sliven,...
Denver-based Molson Coors said it has purchased StarBev and its nine breweries in central and eastern Europe, including Bulgaria, as it expands its operations further.
The price of the deal is EUR 2.65 B (USD 3.54 B).
Molson Coors, whose products include Coors Light and Molson Canadian, said Monday that the company will become one of its divisions and be renamed Molson Coors Central Europe.
Mark Hunter, CEO of Molson Coors U.K. and Ireland, will serve as CEO of the new unit, whose...
Bulgaria's Minister of Agriculture and Food, Miroslav Naydenov, has announced that the country has fulfilled all requirements of the European Commission (EC) regarding laying hen welfare.
Speaking Monday in the central town of Veliko Tarnovo, he boasted that Bulgaria had managed to meet the end-June deadline set by the EC and would not face sanctions.
"Staring Monday, all poultry farms in Bulgaria are raising happy hens and we met the deadline we were given earlier," the Agriculture...
Bulgaria's production of rice has been steadily on the rise in the past 5 years, according to latest data of the Ministry of Agriculture and Foods.
While in 2005 Bulgaria produced 20 000 metric tons of rice, in 2010, its output reached 57 000 metric tons, the newly released ministry data shows.
The average rice output per decare of cultivated land in Bulgaria in 2005-2010 ranged from 448 kg to 522 kg.
The rice plots in Bulgaria have been growing by about 15% per year, with some of them...
Unilever Central and Eastern Europe has bought out "Darko", the second largest distributor and producer of ice cream in Bulgaria.
Unilever and the Balkan Accession Fund (BAF), Darko's current owner, announced the deal Monday, without specifying the amount of money the multinational giant will pay BAF for Darko and its brands.
The announcement says that Darko's 80 employees will become part of Unilever's team in Bulgaria. Darko will retain its staff and production for the Bulgarian...
Prices of fruit and vegetables are falling traditionally for this time of the year with their wholesale price index going down to 1.9 points.
The data was released by the State Commission for Commodity Exchanges and Market Places.
Prices of greenhouse tomatoes are down 12.3% to BGN 0.93 per kg, of cucumbers – 6% to BGN 0.9 per kg, of green peppers – by 27%. Cabbage prices remain the same; those of potatoes are down 6% to BGN 0.5 per kg; squash prices are down 7% to BGN 0.4 per kg.
Bulgaria's wine exports registered a 6.6% increase in the first quarter of 2011 year-on-year, according to the Bulgarian Executive Agency on Vine and Wine.
In the first three months of 2011, Bulgaria exported a total of 10.375 million liters of wine, about 638 000 liters more than the 9.737 million liters in the first quarter of 2010.
The data of the Executive Agency on Vine and Wine indicate a slight shift in Bulgaria's wine export markets from Western Europe to Russia and the...
Enoteca Uno in the Bulgarian capital Sofia has been selected as one of the ten best restaurants in Central and Eastern Europe according to the list announced during the Dining Guide Food Show in Budapest.
Besides the Bulgarian restaurant, La Degustation Boheme Bourgeoise in Prague, Czech Republic, Valsabbion in Pula, on the Croatian Adriatic coast, La Rotisserie in Warsaw, Poland, Chateau Visz in Hugarian Berencse puszta, Heritage – a French restaurant in Bucharest, Restaurant Zaplet in...
Bulgaria's exports of protein-rich agricultural produce such as meat and milk is growing, according to Deputy Agriculture Minister Tsvetan Dimitrov.
Speaking on Monday, Dimitrov reiterated Ministry data showing that 17% of the Bulgaria's exports in 2010 came from agricultural products, and that it grew by 20% in 2010 year-on-year.
Bulgaria's foreign trade in agricultural products registered a positive balance of USD 1 B in 2010, he said in the northern town of Troyan at a conference on...
Coca-Cola Hellenic has announced new investments in Bulgaria's capital Sofia amidst the celebrations of Coca-Cola's 125th birthday.
Sofia has been selected from among 14 other cities in Europe for the setting up of a United Center for Human Resource and Financial Services of Coca-Cola; the center will be opened in the fall of 2011, and will employ 200 Bulgarians.
Over 500 guests including clients, partners, journalists, and senior government officials attended the large-scale birthday...
The supermarket chains "Piccadilly" and "Lidl" have opened new stores in the country, the companies announce.
The German "Lidl" entered for the first time the Black Sea city of Burgas by opening three stores at once and replacing the facilities of the "Plus" chain, which were purchased by Lidl.
Piccadilly opened its 5th supermarket in Sofia, replacing the "Elemag" store on "Kozyak" street. The company also has 10 smaller stores in the capital known as "Piccadilly Express."
Within a month Bulgaria will start exporting chicken meat to Jordan, said Yordan Voynov, head of the Bulgarian Food Safety Agency.
He is part of the official Bulgarian delegation to Jordan, led by Agriculture Minister Miroslav Naydenov.
"The export will initially start with about 100 tons per month," Voynov said.
According to Naydenov, the import of fruits and vegetables from Jordan will continue, but their quality will have to be proven through laboratory tests.
His statement was...
Bulgaria's wine exports have increased with 10% year on year in 2010, reaching 57.6 million liters, the country's Agriculture Minister, Miroslav Naydenov, has announced.
Naydenov spoke on the professional holiday of vine-growers and wine-makers, celebrated on Monday. On this day, a special ritual - the first pruning of the vines for the season is done across the country. The celebrations are rooted in the ancient Dionysus festivities, celebrating Dionysus - the God of Wine, who was known to...
Japan is very interested in importing chicken meat from Bulgaria, Agriculture Minister, Miroslav Naydenov, announced Tuesday.
Naydenov, who is in Japan with the official Bulgarian delegation, led by Prime Minister, Boyko Borisov, met with the Japanese Minister of Agriculture, Forestry and Fisheries, Michihiko Kano.
Japan had to slaughter many of its chicken over the avian flu and there is currently a shortage of poultry products on the Japanese market.
According to Naydenov, Japan will...
The US-based pizza maker and distributor, Domino's Pizza, which entered Bulgaria at the beginning of January, plans to open another two restaurants by the end of the year.
The master franchisee for Bulgaria is Anatron Food Services, who also serves as the master franchisee for Domino's Pizza in Greece and Cyprus.
However, the stores in Bulgaria will be operated by LN Solutions, owned by Lazgin Majid and Nikola Nikolov. The two partners have experience with other fast food franchises, as...
German discount retailer Lidl opened its first stores in Bulgaria on Thursday morning, offering shockingly low prices, a move that will certainly heat up further the competition in the sector.
The fourteen shops are located in eleven cities - Sofia, Plovdiv, Varna, Stara Zagora, Pazardzhik, Sliven, Kurdjali, Petrich, Montana, Lovech and Gabrovo.
The investment totals EUR 100 M. The company plans to expand its operations in Bulgaria in the short term, bringing the total number of its...
German discount supermarket Aldi, known for its aggressive price policy, is considering the possibility of stepping on the Bulgarian market, according to local media reports.
The company has registered a subsidiary in Bulgaria through its Austrian chain, branded as Hofer, Trud daily reported.
The news comes just days before German discount retailer Lidl opensits first stores in Bulgaria on November 25 2010 in a move that will heat up further the competition in the sector.
German discount retailer Lidl announced it will open its first stores in Bulgaria on November 25 2010, a move that will heat up further the competition in the sector.
The shops will be located in 11 cities - Sofia, Plovdiv, Varna, Stara Zagora, Pazardzhik, Sliven, Kurdjali, Petrich, Montana, Lovech and Gabrovo.
At the beginning of the year German retailer Tengelmann decided to sell its discount retail chains in Romania and Bulgaria to its rival Lidl, which is part of Germany's Schwarz...
The company Carlsberg Bulgaria currently ranks second on the Bulgarian beer market, after Zagorka AD, and ahead of Kamenitza AD.
The results were reported Monday by the company's CEO, Aleksander Grancharov.
Carlsberg Bulgaria with two breweries, in the cities of Shumen and Blagevgrad, now has 30% of beer market in the country. The 3 companies together have a 91% share of the market.
In the first quarter of 2010, the leading brand of Carlsberg Bulgaria – Shumensko had reached a 19%...
The French company Malteries Soufflet is acquiring the malt production of Bulgaria's oldest commercial brewery "Kamenitza."
Kamenitza announced Monday they were selling their malt factory in the northern city of Pleven and renting long-term the facility in the southern city of Haskovo to the French business.
The decision is motivated by "the goal of steady growth," and is based on a "strategic assessment of the operations of the Bulgarian company."
The buyer, Malteries Soufflet is part...