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INVEST BULGARIA INVESTMENT NEWS:     •       Topic:   (1384 stories found)

CONSTRUCTION WORKS AT BULGARIAN BLACK SEA COAST CAMPSITE TEMPORARILY STOPPED

CONSTRUCTION WORKS AT BULGARIAN BLACK SEA COAST CAMPSITE TEMPORARILY STOPPED
(15/04/2015)

Topics: Construction      

Construction works of a holiday village at campsite Yug (South) on Bulgaria’s Black Sea coast will be stopped temporarily over minor flaws in the documents, according to Regional Development Minister Lilyana Pavlova. Commenting on the freshly released photographs of concrete foundations of buildings laid at a distance of approximately 60-70 meters away from the beach, Pavlova said Tuesday that a check had shown that the property was located on private urbanized terrain. She told...


EUROPEAN COMMISSION OPENS INFRINGEMENT PROCEDURE AGAINST BULGARIA OVER RESTRICTIONS AGAINST SELLING LAND TO FOREIGNERS

EUROPEAN COMMISSION OPENS INFRINGEMENT PROCEDURE AGAINST BULGARIA OVER RESTRICTIONS AGAINST SELLING LAND TO FOREIGNERS
(15/04/2015)

Topics: Financial      

The European Commission said on March 26 that it had opened an infringement procedure against Bulgaria on what the commission termed investor restrictions for agricultural land. The announcement said that infringement procedures also had been opened against Hungary, Lithuania and Slovakia on the same grounds. Bulgaria has legislated restrictions on the sale of agricultural land to non-EU foreign individuals and companies, although the country recently backtracked on a provision for huge...


ITALIAN COMPANIES TO JOIN PRIVATIZATION PROJECTS IN BULGARIA – ECONOMY MINISTER

ITALIAN COMPANIES TO JOIN PRIVATIZATION PROJECTS IN BULGARIA – ECONOMY MINISTER
(15/04/2015)

Topics: Investments      

Italian companies may be attracted in privatization projects, including for tourist sites, as well as concessions agreements and modernization schemes for airports, and construction and reconstruction of road and railway infrastructure in Bulgaria, according to Minister Bozhidar Lukarski. Speaking Tuesday at the opening of an economic forum titled “Bulgaria and Italy: Together for Achieving Growth”, Lukarski pointed out that the trade and economic cooperation between Bulgaria and Italy...


SOFIA MUNICIPALITY HOSTED EUROCITIES CONFERENCE (ROUNDUP)

SOFIA MUNICIPALITY HOSTED EUROCITIES CONFERENCE (ROUNDUP)
(15/04/2015)

Topics: Health      

The two-day EUROCITIES Forum is taking place in Sofia, Bulgaria, under the theme “Funding of Public Transport and New Business Models”. EUROCITIES is the network of major cities in Europe and currently gathers the local governments of over 50 of Europe’s largest cities from across 30 European countries. All of them share knowledge and exchange ideas throughout six forums, including the environment and mobility one; a wide range of working groups, events, EU-funded projects, in which...


WE HOPE INFRASTRUCTURE FOR NON-HAZARDOUS HOUSEHOLD WASTE TREATMENT BE COMPLETED IN 2016: BULGARIA MINISTER

WE HOPE INFRASTRUCTURE FOR NON-HAZARDOUS HOUSEHOLD WASTE TREATMENT BE COMPLETED IN 2016: BULGARIA MINISTER
(15/04/2015)

Topics: Infrastructure      

“The opportunities OP Environment provides in the previous and the new programme periods establish prerequisites for a huge volume of work on designing and construction of ecological infrastructure as well as possibilities for the state to tackle challenges,“ said Ivelina Vasileva, Bulgarian Minister of Environment and Water, speaking at an annual conference themed “Strategic infrastructure and investments – Bulgaria and the Western Balkans“, FOCUS News Agency reported. “In the...


WEATHER IN BULGARIA PERFECT FOR MOUNTAIN TOURISM

WEATHER IN BULGARIA PERFECT FOR MOUNTAIN TOURISM
(15/04/2015)

Topics:       Tourism

Weather in Bulgaria is perfect for tourism in the mountains on Wednesday, April 15, the Mountain Rescue Service with the Bulgarian Red Cross announced for FOCUS News Agency. Temperatures vary between 1 C and 5°C. The sports facilities are operating everywhere. No incidents with tourists have been reported in the past twenty-four hours. More information about the situation and the weather in the mountains is available on the official website of the Mountain Rescue Service ( www.pss.bg/ )...


20 FASCINATING FACTS YOU NEVER KNEW ABOUT BULGARIA*

20 FASCINATING FACTS YOU NEVER KNEW ABOUT BULGARIA*
(14/04/2015)

Topics: Interesting Facts      

AS England's footballers prepare to take on Bulgaria in the Euro 2012 qualifiers tomorrow, we bring you 20 fascinating facts you never knew about the country... 1. Bulgarians shake their heads to mean yes and nod for no. 2. National instrument is the bagpipes – called the gaida. 3. Bulgarians invented the first electronic computer, digital watch and car air bag. 4.Most famous footballers are Hristo Stoichkov, now 45 – highest scorer at the 1994 World Cup – and Manchester...


ACCESSION TO THE SCHENGEN AREA IS A PRIORITY FOR BULGARIA AND CROATIA

ACCESSION TO THE SCHENGEN AREA IS A PRIORITY FOR BULGARIA AND CROATIA
(14/04/2015)

Topics: Politics      

President Kolinda Grabar-Kitarovic thanked for Bulgaria of support for Croatia's membership in the EU and NATO. This became clear at a meeting between Bulgarian President Rosen Plevneliev who is paying an official visit to Croatia and President Kolinda Grabar-Kitarovic, the press secretariat of the head of state announced. Accession to the Schengen area is a priority for Bulgaria and Croatia, the two countries will join efforts to achieve this goal. President Plevneliev said that in 2010 the...


BGN 4.5 MN INVESTED IN RESTORATION OF ROMAN FORTRESS IN BULGARIA’S KYUSTENDIL: MAYOR (ROUNDUP)

BGN 4.5 MN INVESTED IN RESTORATION OF ROMAN FORTRESS IN BULGARIA’S KYUSTENDIL: MAYOR (ROUNDUP)
(14/04/2015)

Topics:       Tourism

Petar Paunov, Mayor of district centre Kyustendil commented, speaking for FOCUS News Agency on the restoration of the Roman fortress in the town and other topical matters. ”BGN 4.5 million was invested in the restoration of the Roman fortress in Kyustendil,” Mr Paunov said. ”In case there was a ready technical project, we managed it in only 6 and a half months owing to builders and their so far perfect work. Final work on infrastructure is to be done, namely fence elements and parking...


BULGARIA INVESTS EUR 1.8 BLN ABROAD FOR THE PAST 10 YEARS

BULGARIA INVESTS EUR 1.8 BLN ABROAD FOR THE PAST 10 YEARS
(14/04/2015)

Topics: FDI in Bulgaria      

Sofia. Bulgaria’s direct investments abroad amounted to EUR 162 million in 2014 and EUR 1.8 billion for the past 10 years, Investor.bg estimated based on Bulgarian National Bank’s data, Standart daily reads. Bulgarian investments abroad were 10.4% less in 2014 compared to 2013 and 3 times less than the peak of Bulgarian investments abroad in 2008. The volume of Bulgarian investments abroad is a few times smaller than the capital flows entering Bulgaria. Foreign direct investments (FDI) in...


BULGARIA'S ENERGY MINISTER MULLS LEVYING ENERGY EXPORTS

BULGARIA'S ENERGY MINISTER MULLS LEVYING ENERGY EXPORTS
(14/04/2015)

Topics: Economy      

Electricity generated for exports and for the domestic market should be equally levied with the "liabilities to society" tax, Bulgarian Energy Minister Temenuzhka Petkova has said. Petkova said in an interview with daily Standart that the current regime was working to the disadvantage of Bulgarian businesses, since their competitors from neighboring countries are able to purchase cheaper energy. For years Bulgaria has been selling electricity to neighbors with a per kW/h price that could...


BULGARIA’S INDEX OF PRODUCTION IN CONSTRUCTION UP 0.3% IN FEBRUARY
(14/04/2015)

Topics:       

According to the preliminary data of Bulgaria’s National Statistical Institute, in February 2015 the index of production in sector ‘Construction’ calculated on the base of seasonally adjusted data was 0.3% above the level of the previous month. In February 2015 working day adjusted data showed a decrease by 1.8% in the construction production, compared to the same month of 2014. In February 2015 the construction production, calculated from the seasonally adjusted data, was above the...


BULGARIA’S PIROGOV HOSPITAL HOLDS BRIEFING (ROUNDUP)

BULGARIA’S PIROGOV HOSPITAL HOLDS BRIEFING (ROUNDUP)
(14/04/2015)

Topics: Health      

A briefing dedicated to the cases of patients admitted to the medical establishment during the Easter holidays over food and alcohol poisoning was held Monday at Pirogov hospital in the capital Sofia. Dr Kiril Hristov, surgeon at the second surgery clinic of the Pirogov hospital in the capital city Sofia, spoke at the event. ”During the holidays an aggressive patient aged about 70 was admitted to the Pirogov [hospital],” he said. ”He displayed verbal aggression. He complained upon...


BULGARIA’S REGIONS, NATIONAL INFRASTRUCTURE DEVELOPMENT COUNCIL HOLDS SITTING IN SMOLYAN (ROUNDUP)

BULGARIA’S REGIONS, NATIONAL INFRASTRUCTURE DEVELOPMENT COUNCIL HOLDS SITTING IN SMOLYAN (ROUNDUP)
(14/04/2015)

Topics: Infrastructure      

Bulgarian President Rosen Plevneliev opened Tuesday the off-site sitting of the Regions and National Infrastructure Development Council with the President’s Office at the building hosting Smolyan Municipality. The sitting was themed “State policy on encouraging the economic activity in the poorly developed and disadvantaged regions in Bulgaria. Alternatives to the traditional productions”. The event was also attended by Deputy Prime Minister for EU Funds and Economic Policies Tomislav...


BULGARIA’S TOURISM REPORTS 9% GROWTH FOR 2014/2015 WINTER SEASON

BULGARIA’S TOURISM REPORTS 9% GROWTH FOR 2014/2015 WINTER SEASON
(14/04/2015)

Topics:       Tourism

Bulgaria’s Tourism Minister Nikolina Angelkova boasted about a successful 2014/2015 winter season (December-February), stressing that the period had brought growth of over 9%, with the number of tourists increasing by nearly 80 000. In an interview for Trud daily, Angelkova made clear that tourism revenues had increased by BGN 34 M during the past winter season. She said that the number of Turkish visitors had gone up by nearly 30% as a result of the simplification of the visa...


CONSTRUCTION WORKS ALONG BULGARIA'S BLACK SEA COASTLINE CAUSE TURMOIL

CONSTRUCTION WORKS ALONG BULGARIA'S BLACK SEA COASTLINE CAUSE TURMOIL
(14/04/2015)

Topics: Construction      

Construction works in the gulf of Coral, near camping South have started days prior to the Easter celebrations in Bulgaria. Two fundaments have been laid at a distance of approximately 60-70 meters away from the beach. In the words of environmental activists construction plans involve a mini village of 16 houses with a total surface of over 1,200 square meters. Representatives of the NGO Let's Save Coral have stated that construction in those territories is violation the law regarding...


EU FUNDING PROVIDED TO STARTUP COMPANIES

EU FUNDING PROVIDED TO STARTUP COMPANIES
(14/04/2015)

Topics: Financial      

Companies should take advantage of EU finding under the new OP Innovations and Competitiveness as a means to start and develop their business and not rely on it permanently, said Economy Minister Bozhidar Lukarski in an interview with Bulgaria on Air. Following April 20 applications will be accepted under the first axis of the OP – Improvement of the Production Capacity of SMEs. The total funding earmarked under the axis is EUR 150 million, while the companies which fail to achieve the...


INDUSTRIAL ESTABLISHMENTS IN BULGARIA TO CUT INVESTMENTS BY 30.4% IN 2015

INDUSTRIAL ESTABLISHMENTS IN BULGARIA TO CUT INVESTMENTS BY 30.4% IN 2015
(14/04/2015)

Topics: Investments      

Industrial establishments plan to cut investments by 30.4% on an annual basis in 2015, according to data provided by Bulgaria’s National Statistical Institute (NSI). According to a survey conducted among industrial establishments in March 2015, expenditure on acquiring fixed tangible and intangible assets in industry increased by 3.9% on an annual basis in 2014. Industrial establishments expect a decrease in investments by 30.4% in 2015 as compared to 2014. The private sector’s...


IT IS IMPORTANT WE TODAY FORMULATED SOME QUESTIONS TO BULGARIA’S SANS: MP AFTER SITTING ON CORPBANK CASE

IT IS IMPORTANT WE TODAY FORMULATED SOME QUESTIONS TO BULGARIA’S SANS: MP AFTER SITTING ON CORPBANK CASE
(14/04/2015)

Topics: Financial      

"Information we discussed will be gathered and used entirely in formal matters. What is important is that we today formulated some questions to the State Agency for National Security (SANS)," said MP Desislava Atanasova, Chairperson of the parliamentary ad-hoc committee in charge of investigating the case of Corporate Commercial Bank (CorpBank), speaking after a sitting of the committee, which lasted for some 3 and a half hours, FOCUS News Agency reported. "The SANS Chairperson was here, as...


MAKING ALL INVESTMENTS SUSTAINABLE IS MY PRIORITY: SOFIA MAYOR

MAKING ALL INVESTMENTS SUSTAINABLE IS MY PRIORITY: SOFIA MAYOR
(14/04/2015)

Topics: Investments      

Picture: Focus Information AgencySofia. “Over the past few years we developed measures to relief vehicular traffic, increase quality of public transport, and reduce harmful emissions.” That is what Sofia Mayor Yordanka Fandakova said at the opening of the EUROCITIES Forum in Sofia, a reporter of FOCUS News Agency announced. “This is great challenge for our capital city. Recently European mayors met in Paris. The problems are common and we must look for solutions together. A priority for...



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