Latest News

Sofia Airport Records 8.3 % Increase In Number Of Passengers In July

The airport of the Bulgarian capital recorded a 8.3 % increase in the number of passengers in July compared to the same month in 2014...

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Sweden’s Trelleborg Investing In Bulgarian LSR Unit’s Expansion

Sweden-headquartered Trelleborg group said on Wednesday it is making further investment in its Bulgarian unit for advanced liquid silicone rubber (LSR) injection molding solutions...

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Germany’s Multivac Plans To Invest EUR 15M In New Production Unit In Bulgaria, Sofia Says

The Germany-based market leader in packaging solutions Multivac is ready to invest EUR 15M into the construction of a new production facility in Bulgaria, the Economy Ministry in Sofia has announced...

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Bulgaria's Exports To EU Increased By 12.2% In January-May

Exports from Bulgaria to other EU member states increased by 12.2% between January and May compared to the same period of last year, according to preliminary data from the national statistics body...

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Bulgaria’s Industrial Output Index Rises 5.7% Y/Y In June

Bulgaria’s industrial production index rose by a seasonally adjusted 0.6% month-on-month in June, the National Statistical Institute (NSI) said on Monday...

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Bulgaria To Get EUR 72.8M In EU Funds To Improve Migration Management

Bulgaria stands to receive about EUR 72.8M in EU funding over seven years to deal with increased migratory pressure at its borders, the European Commission announced on Monday...

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MasterCard To Outsource Some Services From UK To Bulgaria, The Philippines

MasterCard has said it will outsource part of its business from its office in Peterborough, in the UK to Bulgaria and the Philippines...

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Ryanair To Launch Flights Sofia-London Stansted In May 2016

Low-cost carrier Ryanair launches flights to Sofia as of May 2016...

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Wizz Air To Launch 4 New Flights From Sofia In March 2016

Low-cost carrier Wizz Air launches flights from Sofia to 4 new destinations in March 2016...

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Postbank Launches BGN 30 M Credit Line In Support Of Small Companies

Postbank will provide support to micro, small, and medium-sized enterprises in Bulgaria through loans worth a total of BGN 30 M granted under preferential terms...

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Bulgaria’s Government Debt Dips Slightly In June

Bulgaria’s government debt totalled EUR 12.26B in nominal terms at the end of June, equivalent to 28.7% of the projected 2015 GDP, official figures show...

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5km Long Section Of Bulgaria’s Hemus Motorway Opens For Traffic

The Belokopoitovo – Kaspichan section of the Hemus motorway and the biggest road junction in Bulgaria, Belokopitovo, open for traffic on Monday...

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1.7 Million Bulgarians To Spend 2015 Summer Holidays At Domestic Resorts

Bulgaria remains the favorite summer holiday destination for Bulgarian tourists, be it mountain or sea resorts, according to Rumen Draganov, Chair of the Institute for Analyses and Assessment in Tourism...

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Bulgaria Turns To Budget Surplus Of 1.1% Of GDP At End-June

Bulgaria’s central government budget showed a surplus of BGN 890M equivalent to 1.1% of the projected 2015 GDP, the Finance Ministry announced on Friday...

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Lot 4 Of Bulgaria’s Struma Motorway Opens For Traffic On July 31

The Struma motorway section between Sandanski and Kulata is to open for traffic after 6 p.m.on Friday...

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Bulgaria's Mobiltel Acquires Cable Operator Blizoo

Telekom Austria Group on Wednesday announced its Bulgarian subsidiary Mobiltel has agreed to acquire 100% of Blizoo Bulgaria from Swedish EQT group...

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Majority Stake In Bulgarian Software Company Fadata Bought By British Insurance Co, US PE Firm

Bulgarian software company Fadata, a leading vendor of software solutions for financial and insurance business, has new owners - UK-based insurance services group Charles Taylor, and The Riverside Company, a global private equity firm...

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Bulgaria’s May Gross Foreign Debt Down 4% From 2014

Bulgaria’s gross foreign debt decreased by 1.59 B, or 4% at the end of May compared to the end of 2014, reaching EUR 38.18 B, or 88.9% of the projected 2015 Gross Domestic Product, official data showed on Tuesday...

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Bulgaria To Extend Investment Cooperation With UK Businesses

Bulgaria’s investment promotion agency has signed an agreement with the British Bulgarian Business Association (BBBA) to extend their cooperation...

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IMI Bulgaria Invests EUR 1.14 M In Botevgrad Property To Expand Capacity

The Bulgarian subsidiary of Integrated Micro-electronics Inc.(IMI) has acquired land and a building in the town of Botevgrad to meet its expansion targets, the parent company has revealed...

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