Bulgaria News

Interview: Bulgaria can play more active role in deepening China-CEE, EU ties: researcher

Bulgaria can play a more active role in the deepening of China's ties with Central and Eastern European (CEE) countries and the European Union (EU), a researcher said here on Tuesday...

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China-CEE countries’ logistics center set up

The first agriculture-focused logistics center for China and the Central and Eastern European (CEE) countries began operation in the Trakia Economic Zone in Plovdiv, the second-largest city in Bulgaria, the Xinhua News Agency reported on Friday...

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Bulgaria launches 'eCommerce Logistics Hub' for CEE-China agricultural product trade

The first 16+1 eCommerce Logistics Hub and Pavilion for agricultural and other products was inaugurated at Bulgaria's Trakia Economic Zone near Plovdiv on Friday...

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Bulgaria Remains Among the 15 most Desirable Destinations for Buying a Second Home

Bulgaria remains among the 15 most desirable destinations for buying a second home in October, according to the regular ranking of TheMoveChannel.com portal...

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China-CEE transport infrastructure think tank established in Bulgaria

A memorandum on the establishment of a China-Central and East Europe (CEE) research center for transportation infrastructure construction and investment cooperation was signed here on Wednesday...

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Bulgaria in the Top 5 in the EU on Export Growth for the Period January-September

For the first nine months of the year, exports of goods from Bulgaria increased by 14% compared to the same period of the previous year and amounted to EUR 19.6 billion, which ranks us in the top five of the EU countries on this indicator...

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Wizz Air Orders 146 New Planes worth $17.2bn And Announces New Routes From Sofia

Low-cost airline Wizz Air made the scale of its ambitions clear on Wednesday as it announced an order for 146 new Airbus planes, taking its total outstanding orders with the European aerospace company to 282...

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Bulgaria's GDP Growth Accelerates To 3.9% In Q3 2017

Gross Domestic Product (GDP) in the third quarter of 2017 increased by 0.6% in the EU-28 compared to the previous quarter by seasonally adjusted data. For the same period, GDP in Bulgaria increased by 0.9%....

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In September 2017, 72.7% Of All Nights Spent By Foreign Citizens Were Realized In 4 And 5 Star Hotels

In September 2017, 2 729 accommodation establishments - hotels, motels, camping sites, mountain chalets and other establishments for short-term accommodation with more than 10 bed-places were functioned in the country. This was announced by the National Statistical Institute (NSI). ...

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Tourism Minister: Bulgaria Is Becoming More And More Recognizable With Its Quality

Bulgaria is increasingly recognized as a destination that offers quality, Tourism Minister Nikolina Angelkova told sega....

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BGN 800 Million Will Be Provided For The Rehabilitation Of The Plovdiv-Burgas Railway Line

The Government has agreed that the Managing Authority of Operational Program \"Transport Infrastructure\" 2014-2020 will sign a contract with the National Railway Infrastructure Company for rehabilitation of the Plovdiv - Burgas railway phase 2 before the decision for its approval by the European Commission....

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Bulgaria Can Expect GDP To Grow By 4% Next Year

It is expected to be BGN 100 billion GDP this year and about BGN 105 billion for the next, reports bgnes. ...

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Minister Of Tourism: We Expected 10% More Tourists In The Winter Season That The Previous Year

In the upcoming winter season, tourists are expected to grow between five and ten percent compared last winter....

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Bulgarian Health Tourism Destinations

Bulgaria offers many destinations suitable for health tourism....

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Bulgaria Receives Over EUR 2 Billion Of The EU Budget In 2018

More than EUR 2 billion will be received by our country next year from the EU budget, sega reported. This became clear after the European Parliament approved the 2018 Union budget....

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Construction And The Property Market With A Serious Jump In 2017

The real estate market continues to grow at a record pace in 2017, with the main reason being new construction. For the second quarter of the year, 207 building permits were issued for residential buildings in Sofia, an increase of 25% compared to the first quarter of the year and 10% compared to the same period in 2016. This is the data from an analysis made by IMOTICON with the partnership of SND Capital according to NSI data, National Register for New Construction, BNB and Registration Agency, reports iNews. ...

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Outsourcing Industry In Bulgaria With Two-digit Growth

For the seventh consecutive year, the outsourcing industry has double-digit growth and now accounts for 3.6% of Bulgaria's GDP. This is stated in the Report on the Bulgarian Outsourcing Industry 2017, prepared by the Bulgarian Outsourcing Association (BAA). The share of the services sector in GDP has grown steadily in recent years, with 2.8% in 2014 and 3.4% in 2015. There are a number of factors for preserving positive trends, but the most important are the availability of skilled labor, active interaction between business, education and the state, as well as the preservation of the flat tax and the expansion of the package to encourage foreign investment. This is what Svetoslav Ivanov, executive director of BAA, said in an interview with Bloomberg TV....

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The Chief Architect Offers Two Skyscraper Areas Far From Downtown Sofia

Two city areas for the construction of skyscrapers will be established in Sofia, in the center of the city the construction will be up to 75 m. This is how the chief architect Zdravko Zdravkov imagines the development of the city, today he made a presentation to the municipal councilors the project for the amendment of the Law on the Structure and Construction of the Sofia Municipality , reports bTV....

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‘New Frontier’ Bulgaria Attracts Real Estate Investors

Bulgaria is a new frontier for real estate investors, with many South African companies already having invested in Poland, the largest economy in eastern Europe....

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Investment Projects In Bulgaria For BGN 800 Million To Be Launched

At present, projects with a total value of about BGN 800 million have been registered in the Bulgarian Investment Agency and are preparing to start. This was announced by Deputy Minister of Economy Aleksandar Manolev during the opening of the first plant of the technological giant \"OSRAM\" in Bulgaria. The event was attended by the Deputy Prime Minister Tomislav Donchev, the mayor of Plovdiv Ivan Totev and the Executive Director of the Bulgarian Investment Agency Stamen Yanev....

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