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INVEST BULGARIA INVESTMENT NEWS: (1391 stories found)

GAZPROM RENEWS THREAT TO SWAP BULGARIA FOR ROMANIA IN SOUTH STREAM

GAZPROM RENEWS THREAT TO SWAP BULGARIA FOR ROMANIA IN SOUTH STREAM
(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...


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

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


PM: BULGARIA HAS FANTASTIC TAX RATES!

PM: BULGARIA HAS FANTASTIC TAX RATES!
(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 HOSTS 1ST BLACK SEA FONASBA CONFERENCE

BULGARIA HOSTS 1ST BLACK SEA FONASBA CONFERENCE
(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...


BULGARIA, BRAZIL DEALS NEEDED TO COMPLIMENT EU-MERCOSUR TIES

BULGARIA, BRAZIL DEALS NEEDED TO COMPLIMENT EU-MERCOSUR TIES
(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...


NEW CREDIT RATINGS OF BULGARIA FACTSHEET ADDED

NEW CREDIT RATINGS OF BULGARIA FACTSHEET ADDED
(12/10/2010)

Topics: Macroeconomic Data   Factsheets   

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


NEW OPERATIONAL COSTS IN BULGARIA FACTSHEET ADDED

NEW OPERATIONAL COSTS IN BULGARIA FACTSHEET ADDED
(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 SALARIES COMPARISON FACTSHEET ADDED

NEW SALARIES COMPARISON FACTSHEET ADDED
(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....


BULGARIA TO EXTEND N-PLANT CONTRACT WITH ATOMSTROYEXPORT - REPORT

BULGARIA TO EXTEND N-PLANT CONTRACT WITH ATOMSTROYEXPORT - REPORT
(11/10/2010)

Topics: Economy      

Bulgaria's contract with Russia's Atomstroyexport, commissioned to build the planned 2,000 megawatt Belene nuclear plant on the Danube River, which has stalled over lack of funding, will be extended by six months, reports say. Negotiations between Bulgaria's National Electricity Company NEK and Russia's Atomstroyexport are underway, but no agreement has been signed yet, local Standart daily reported. The talks will yield their first results next week, according to the report. The...


BULGARIA'S AUGUST CONSTRUCTION INDEX DOWN 12% Y/Y

BULGARIA'S AUGUST CONSTRUCTION INDEX DOWN 12% Y/Y
(11/10/2010)

Topics: Business      Construction

In August, the construction production in Bulgaria is up in comparison to previous month, but is still down on annual basis, statistics show. According to preliminary data from the National Statistics Institute (NSI), the production in the construction sector increased by 1,6% in August, in comparison to July. However, the sector registered a decrease of 11,6%, year-on-year. The August the volume of retail trade, except cars and motorcycles trade, dropped down by 0,3% from the previous...


BULGARIA'S EXPORT UP BY 32% IN AUGUST 2010 Y/Y

BULGARIA'S EXPORT UP BY 32% IN AUGUST 2010 Y/Y
(11/10/2010)

Topics: Economy      

Bulgaria's export has again registered a substantial growth in August, 2010, on annual basis, data published Monday by the National Statistics Institute shows. The export was up 32.2% compared to August, 2009, reaching BNG 2.8 B. In August, Bulgaria has a surplus in its trade balance of BGN 51.4 M, but it has been negative in the first 8 months of the year by BGN 2.6 B. The export of Bulgarian companies is growing with double digits since the beginning of the year, seen by experts as a...


BULGARIA'S PM VOWS TO PLANT TREES IN LYULIN HIGHWAY AREA

BULGARIA'S PM VOWS TO PLANT TREES IN LYULIN HIGHWAY AREA
(11/10/2010)

Topics: Infrastructure      Construction

Bulgaria's Lyulin highway is 82% ready, the Prime Minister Boyko Borisov and the Minister on Regional Development, Rosen Plevneliev, have announced. The two have made an official check on the construction of Lyulin highway on Sunday and announced the launching of new lanes at the Daskalovo road junction, which aim at easing the traffic. "Half of Lyulin highway was made for six months, while one third of it was made for three years," Borisov said. In September, the Bulgarian Road...


BUSINESSMEN WITH PLAN FOR DOUBLING GERMAN INVESTMENTS IN BULGARIA

BUSINESSMEN WITH PLAN FOR DOUBLING GERMAN INVESTMENTS IN BULGARIA
(11/10/2010)

Topics: FDI in Bulgaria      

The German-Bulgarian Chamber of Industry and Commerce has presented to German Chancellor Angela Merkel in Sofia a plan for doubling the German investments in Bulgaria and the bilateral trade by 2015. Mitko Vasilev, Chief Manager of the German-Bulgarian Chamber of Industry and Commerce (DBIHK), presented the "Action Plan 2015" to the German Chancellor at a business forum in Sofia Monday night organized in connection with Merkel's first ever visit to Bulgaria. Merkel was the keynote speaker...


CHINA URGES BULGARIA TO BOOST PRODUCT ADVERTISING

CHINA URGES BULGARIA TO BOOST PRODUCT ADVERTISING
(11/10/2010)

Topics: Business      

China has suggested to Bulgaria to increase the marketing and advertising of its goods in China, in order to boost the consumers' interest. The suggestion was made Monday by Wan Jifei, the Chair of the China Council for the Promotion of International trade. He is leading a Chinese delegation, which participates in a joint forum with Bulgarian companies, organized by the Bulgarian Chamber of Commerce and Industry (BTPP). According to Jifei, Bulgarian producers should participate in...


NEW FDI IN BULGARIA FACTSHEET ADDED

NEW FDI IN BULGARIA FACTSHEET ADDED
(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....


40% FEWER NEW CARS SOLD IN BULGARIA IN 2010 Q1-Q3

40% FEWER NEW CARS SOLD IN BULGARIA IN 2010 Q1-Q3
(09/10/2010)

Topics: Business      Automotive

The number of new cars sold on the Bulgarian in the first nine months of 2010 declined by almost 40% year-on-year. According to the Association of Car Producers and Importers, a total of 13 189 new cars were sold in Bulgaria in January-September compared with 20 729 in the first three quarters of 2009. Toyota was the most popular brand on the Bulgarian market of new cars in that period with 1 450 sales, followed by Ford – 1 262, Volkswagen – 1 172, Peugeot – 1 032, Dacia – 912, Citroen –...


BCCI ORGANIZES BULGARIAN BUSINESS DELEGATION TO US

BCCI ORGANIZES BULGARIAN BUSINESS DELEGATION TO US
(09/10/2010)

Topics: Business      

The Bulgarian Chamber of Commerce and Industry (BCCI) has announced the organizing of a Bulgarian business delegation to the USA. The delegation is expected to go to the US in the second or third week of November 2010. The Bulgarian businessmen will be on a week-long visit to Cleveland, OH, and one more destination in the US to be selected from Chicago, IL, or Washington, DC. The delegation is organized as part of the partnership between the BCCI and the Greater Cleveland Partnership,...


BULGARIA BOOSTS EXPORT TO NON-EU COUNTRIES

BULGARIA BOOSTS EXPORT TO NON-EU COUNTRIES
(09/10/2010)

Topics: Economy      

Bulgaria's export to non EU states has shown a substantial growth of 50% up to BGN 8.6 B in the first eight months of 2010, according to the National Statistical Institute. The main trade partners of Bulgaria were Turkey, Serbia, Russia, the Former Yugoslav Republic of Macedonia, Singapore, China,and the USA that formed over 54% of the total export to non EU countries. The exports to China increased by 256.4% and those to Turkey by 65.2%. The exports to Serbia and Russia reported growth...


BULGARIA'S AUGUST EXPORT TO EU UP BY 49% Y/Y

BULGARIA'S AUGUST EXPORT TO EU UP BY 49% Y/Y
(09/10/2010)

Topics: Economy      

Bulgaria's export to the other EU member states registered a substantial growth in the first eight months of 2010. In January-August, it grew by 23.7% compared to the same period of 2009, reaching BGN 11.7 B. At the same time, Bulgaria's import from the EU was BGN 13.5 B, an increase of 5.4%. In August, the export was up 48.5% compared to August 2009 and reached BGN 1.8 B. Bulgaria's major EU trading partners remain Italy, Germany, Romania and Greece, which form about 61.3% of its...



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