Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria's Port Varna Profits Triple Y/Y
Date: 07/10/2010
Bulgaria's Port Varna Profits Triple Y/Y

Bulgaria's Black Sea Port Varna has seen its revenues almost triple in the first nine months of 2010, year-on-year.

In January-September, Port Varna processed a total of 5.958 million tonnes of goods and materials, which is 1.112 million tonnes more than in the same period of 2009. About 1.5 million tonnes of these come for the exports of grain.

The greatest increase comes from the transport of grain, ores, coal, fertilizers, non-metalliferous minerals, and container goods, the Transport Ministry announced.

Financially, Port Varna Jsc has registered a total of revenue of BGN 38.5 M vs. the total expenditure of BGN 34.9 M. The net profit of BGN 3.6 M is almost triple the port's profit in the first three quarters of 2009.

Estimates for the fourth quarter show that by the end of the year, Port Varna will have processed about 8 million tonnes of goods and cargoes, an increase of 15%.

The financial results of Port Varna have come out a day after Greece's Port Thessaloniki announced a campaign to attract Bulgarian companies with its services.

For comparison, in 2009, Port Thessaloniki processed a total of 14.4 million tonnes of goods and cargoes.

Topic: Economy

Featured District
Invest Bulgaria Charts
Domestic Credit of Bulgaria
Domestic Credit of Bulgaria

Real GDP Growth of Bulgaria
Real GDP Growth of Bulgaria

See all charts
Did You Know?
Hristo Stoichkov
Hristo Stoichkov
Hristo Stoichkov scored 6 goals in the World Cup of 1994 and led Bulgaria to the semi-finals ... More

Plovdiv is one of the oldest cities in Europe, the city is contemporary of Troy. Homer, Herodotes and other ancient authors describe the life, traditions and the rich culture of the Tracians, who are the oldest population on the Balkan Peninsula.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.

Our Featured Members