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INVEST BULGARIA INVESTMENT NEWS: (1391 stories found)

MANAGER OF BULGARIA'S EMBATTLED RESEARCH FUND RESIGNS
(28/01/2013)

Topics: Interesting Facts      General

The manager of Bulgaria's embattled and scandal-ridden Scientific Research Fund, Hristo Petrov, has resigned. Prime Minister, Boyko Borisov, has already accepted the resignation, the Bulgarian National Radio, BNR, reported Monday. Petrov deposited his resignation after it emerged that a probe of the Inspectorate at the Council of Ministers had established staggering violations at the Fund such as hiring people without the required qualifications and violations in assessing scientific bids...


21.8% TURNOUT IN BULGARIA'S NUCLEAR REFERENDUM, 61% SAY 'YES' - POLLSTER
(27/01/2013)

Topics: Economy      Renewable Energy

A total of 21% of the eligible voters cast their votes in Bulgaria's nuclear energy referendum on Sunday, according to data from the 100% completed parallel vote count by polling agency Alpha Research. The agency said this meant about 1.4 million voters cast their votes in Bulgaria on Sunday; of those, 61% voted in favor of the construction of a second nuclear power plant, and 39% voted against. The Bulgarian citizens were supposed to answer "yes" or "no" to the following question:...


BULGARIA FINMIN: PES LEADER MUST RESIGN OVER REFERENDUM
(27/01/2013)

Topics: Economy      Renewable Energy

PES and Bulgarian Socialist Party chair Sergey Stanishev should resign over the outcome of Sunday's referendum on nuclear energy in Bulgaria, stated Minister of Finance Simeon Djankov. As results from exit polls come in, political leaders have engaged in a heated battle of interpretations on the outcome. Some 60% of ballots cast answered positively to the referendum question - whether Bulgaria needs a new NPP - the position supported by the Bulgarian Socialist Party. The turnout is...


BULGARIA GOING FOR 7TH KOZLODUY NPP REACTOR, ECONMIN SAYS AFTER REFERENDUM
(27/01/2013)

Topics: Economy      Renewable Energy

Bulgaria will "logically" go for building a seventh reactor at its existing NPP in Kozloduy, Bulgarian Economy Minister Delyan Dobrev commented Sunday on the results of the nation's referendum on the construction of a second nuclear plant. Bulgaria's referendum, which had a voter turnout of only 22%, with 61% voting in favor of the construction of a second nuclear power plant in Bulgaria, while 39% voted against, implicitly referred to the project for the construction of the 2000-MW Belene...


LONDON, BRUSSELS SEE HIGHEST TURNOUT IN BULGARIA'S REFERENDUM STATIONS ABROAD
(27/01/2013)

Topics: Economy      Renewable Energy

The voting stations abroad for Bulgaria's nuclear referendum on Sunday to see the highest turnout were those in London and Brussels, with 424 votes cast in each, the Bulgarian Foreign Ministry. A total of 20 of Bulgaria's voting stations abroad ended their electing day as of 8 pm EET on Sunday, in addition to another 17 stations, that had completed the voting earlier. A total of 2 625 Bulgarians cast their votes in the 20 stations in question. A total of 327 Bulgarian citizens voted in...


BERBATOV WAS NO FAILURE, SAYS SIR ALEX
(25/01/2013)

Topics: Sports      General

Manchester United boss Sir Alex Ferguson has defended Dimitar Berbatov on the striker's return to Old Trafford with Fulham. Ferguson has argued that the Bulgarian forward's stay at Old Trafford was a success, even though he was used as a fourth-choice striker last season. "I don't think Dimitar was a failure here," said Ferguson ahead of Saturday's FA Cup fourth-round tie against Fulham, according to the Daily Mail. "But I can see why he would polarise opinion. Some people like...


BULGARIA'S CHIEF COP BLASTS DOGAN'S ATTACKER THRASHING
(25/01/2013)

Topics: Politics      General

Bulgaria's Deputy Prime Minister and Interior Minister, Tsvetan Tsvetanov, strongly condemned the actions of delegates of the ethnic Turkish party in thrashing the man who attacked their leader Ahmed Dogan with a gas pistol. Speaking in the Parliament Friday, Tsvetanov stated the beating stirred large public outcry and informed that all tapes from the event have been seized and the prosecutor's office is now going to decide how to proceed further. He called on everyone to act in a...


BULGARIA'S MILITARY PLANT WORKERS GET PAY, CALL OFF STRIKE
(25/01/2013)

Topics: Financial      Renewable Energy

Nearly BGN four million have been wired Friday for salaries of workers at Bulgaria's State-owned arms manufacturer, VMZ Sopot. The news was announced by Prime Minister, Boyko Borisov, at an emergency briefing at the Council of Ministries building. He declared the workers will receive the entire amount of their overdue pay. It was further reported that Borisov is meeting Friday with the Presidents of the two main trade unions in the country – Konstantin Trenchev of the Confederation of...


BULGARIAN ETHNIC TURKISH MPS CHARGED WITH DOCUMENT FRAUD
(25/01/2013)

Topics: Politics      General

Legal charges against Mithat Tabakov and Gyunay Sefer, MPs from ethnic Turkish Movement for Rights and Freedoms party, have been officially logged with the Sofia City Court Friday. The two are indicted with document fraud. On October 19, 2012, now-former Chief Prosecutor Boris Velchev called for pre-trail proceedings against them and they gave up their immunity as MPs, thereby agreeing for criminal investigation procedures to be opened against them. Under Parliament's rules of...


BULGARIAN WATCHDOG SNUBS EC SANCTIONS OVER ENERGY RULES
(25/01/2013)

Topics: Investments      Renewable Energy

Bulgaria's State Commission for Energy and Water Regulation, DKEVR, has already adopted one of the Electricity and Gas Directives, requested by the European Commission. The statement was made Friday by the DKEVR Chairman, Angel Semerdzhiev. It was reported Thursday that EC is referring Bulgaria, Estonia and the United Kingdom to the Court of Justice of the European Union for failing to fully apply the EU internal energy market rules. According to the EC's press office, to date...


NUCLEAR REFERENDUM CRUCIAL FOR BULGARIA'S RULERS GERB - ANALYST
(25/01/2013)

Topics: Politics      General

The referendum on the construction of a second nuclear power plant that Bulgaria is going to hold on January 27, Sunday, will be crucial in determining whether Bulgaria's ruling center-right party GERB will stay in power, according to Gallup sociologist Zhivko Georgiev. "The most important answer the nuclear referendum will provide is if that will be GERB's first loss in elections, or if the party will continue its series of victories that Prime Minister Boyko Borisov so much loves to...


CHINESE INVESTORS TO BUILD SEA RESORT FOR RUSSIANS IN BULGARIA
(22/01/2013)

Topics: Investments      Tourism

An enormous new vacation complex is to be build on Bulgaria's Northern Black Sea coast, announced Atanas Stoilov, Mayor of the Municipality of Aksakovo near Varna. Stoilov told reporters Tuesday, as cited by Darik Radio, that the new resort will be built between the village of General Kantardzhievo and the Albena resort complex on a plot of 300 decares. In his words, the project first started several years ago when it was initiated by French investors. After one of the investor's...


RUSSIA STRIKES BACK AT BULGARIA OVER BELENE NPP PRICE, RWE QUITTING
(22/01/2013)

Topics: Politics      Renewable Energy

The proposed price for the construction of two 1000 MW units of what was supposed to become Bulgaria's second nuclear power plant, Belene, was EUR 6.3 B, not EUR 10 B, as Bulgarian Prime Minister Boyko Borisov claims, Russian state company Rosatom stated on Tuesday. The reaction of the Russian firm, whose subsidiary Atomstroyexport was supposed to build the Belene NPP before the Borisov Cabinet terminated it almost a year ago, comes after on Monday the Bulgarian government revealed secret...


BULGARIAN CHIEF PROSECUTOR: DOGAN'S ATTACKER MAY FACE FURTHER CHARGES
(21/01/2013)

Topics: Politics      General

Chief Prosecutor Sotir Tsatsarov has said that Oktay Enimehmedov, the man who assaulted Ahmed Dogan, leader of the ethnic Turkish party Movement for Rights and Freedoms (DPS) on Saturday, may face more serious charges over the attack. The 25-year-old man, who pointed a gas pistol against the politician during the 8th national conference of DPS, has so far been charged with a death threat and hooliganism. In a Monday interview for the Bulgarian National Radio (BNR), Tsatsarov suggested...


BULGARIAN GAS PISTOL ATTACK WAS "STUNT"
(21/01/2013)

Topics: Politics      General

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BULGARIAN PRESIDENT DENIES EXISTENCE OF 'HEZBOLLAH' REPORT
(21/01/2013)

Topics: Politics      General

Bulgarian authorities do not possess any investigative report on Hezbollah's alleged involvement in last year's Burgas bus bombing, according to Bulgarian President Rosen Plevneliev. The report that Bulgaria had blamed Hezbollah for the Burgas bus bombing was made by the Israeli TV Channel 2 in the aftermath of Bulgarian Foreign Minister Nikolay Mladenov's visit to Israel. It was claimed that Mladenov presented a report that confirmed Hezbollah's involvement in the terror attack. "I do...


EBRD IMPROVES BULGARIA ECONOMIC GROWTH FORECAST
(21/01/2013)

Topics: Economy      General

The European Bank for Reconstruction and Development has revised upwards its forecast for Bulgaria's economic growth in 2013 from 1.7% to 1.9%. The bank cut its forecast for economic growth in October last year from 2.5% in the previous report published in May to 1.7%, citing slumping exports. "Recovery is expected to continue to be modest in Bulgaria into 2012, due mainly to sluggish export demand. Growth in 2012 is likely to have ended up at around 1% only, with a modest forecast...


BULGARIA'S EX SOCIALIST PRESIDENT SEES 3 - WAY GOVERNMENT NEXT
(13/01/2013)

Topics: Politics      General

Bulgaria's next government will be a three-party coalition, the country's former Socialist president has forecast, declining to disclose its members. "It is mission impossible for the currently ruling party GERB to garner enough votes and form a minority government," Georgi Parvanov said in an interview for Darik radio. According to Parvanov the new government, regardless of its line-up, will need strong support by the people to conduct the badly needed reforms, which were not...


BULGARIA'S LARGEST SOLAR PARK FOR SALE
(13/01/2013)

Topics: Investments      Renewable Energy

Sun Edison this week sold Bulgaria's largest solar park to a consortium of investors for £142m. The 60.4-megawatt Karadzhalovo solar park in southern Bulgaria began operating in March and cost £144m, according to the International Finance Corporation, which helped fund the project....


CNN: BULGARIA 'S "PEBBLE BEACH" TO HOST TOP EUROPEAN GOLF EVENT
(13/01/2013)

Topics:       

The European Tour has long sought to grow golf outside the continent, taking top players around the world to Asia, the Middle East and Africa, while its second-tier circuit even visited South America this year. Its latest bid to break new ground -- the largely untapped golfing market of Eastern Europe -- has been driven by the desires of one of its major sponsors. One of the tour's premier events, the World Match Play Championship, will next year move home from economically-stricken...



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All News Pieces: 1382



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