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Deposits In Bulgarian Banks Increased To Record Level In Past Year

The savings of citizens and non-profit organisations in Bulgarian banks increased by more than BGN 1.5 B in the past year...

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Bulgaria's Q1 GDP Grows 2% Y/Y

According to preliminary estimates, the Gross Domestic Product (GDP) of Bulgaria in the first quarter of 2015 exceeded BGN 17 B, amounting to BGN 2395 per capita...

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Ernst & Young Foresees Modest Growth Of Bulgarian Economy In 2015-2016

In its latest report, which was presented on Thursday, Ernst & Young foresees a modest growth of the Bulgarian economy for this and next year...

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Bulgaria Boasts BGN 850 M Budget Surplus In H1 2015

Bulgaria will close the first half of 2015 at a surplus of around BGN 850 M, according to preliminary data of the Finance Ministry...

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3 Bulgarian Transport Infrastructure Projects To Get Funding Under Connecting Europe Facility

Three Bulgarian projects aimed at improving transport infrastructure have so far been granted funding by the European Commission under the new the Connecting Europe Facility (CEF)...

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Bulgaria’s R&D Spending Up But Still Way Below EU Average

In 2014 Bulgaria’s spending on research and development stood at BGN 206.6 M, up by 3.1% from 2013, according to the National Statistical Institute (NSI)...

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Westinghouse-led Group Wins EU Funding To Diversify Nuclear Fuel Supply To VVER Reactors

Westinghouse Electric Company and eight European consortium partners today announced that they have received EUR 2 million in funding from the European Union (EU) to establish the security of supply of nuclear fuel for Russian-designed reactors in the EU...

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Price Of Natural Gas In Bulgaria Drops By 7.53% As Of July 1

The price of natural gas drops by BGN 40, from BGN 524 to BGN 484 per 1000 cubic meters of gas, from July 1, according to a decision of Bulgaria’s Commission for Energy and Water Regulation (KEVR)...

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Sofia-Based Centre To Boost Agricultural Cooperation Of China, Central, Eastern Europe

The Bulgarian government established a centre for encouraging cooperation in the area of agriculture between China and the countries from Central and Eastern Europe (CEE)...

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Austrian Bank Hypo Noe Gruppe Opens Office In Sofia

Austrian bank group Hypo Noe Gruppe has opened an office in Bulgaria...

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Italians 'Buy Bulgaria Cars To Spend Less On Insurance'

Bulgaria is a preferred destination for Italian citizens who wish to save money by going around local law and register abroad vehicles bought in Italy, local media outlets report...

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Pakistani Investor Is Building Textile Factory Worth EUR 28 M In Bulgaria

A Pakistani investor is building a textile factory in Bulgaria, according to Deputy Economy Minister Lyuben Petrov...

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Fitch Reaffirms Bulgaria's Credit Rating At BBB- With Stable Outlook

Fitch Ratings on Friday affirmed Bulgaria's long-term foreign and local currency Issuer Default Ratings (IDR) at BBB- and BBB, respectively...

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ABB Bulgaria Plans To Employ 200 More People In Rakovski By End Of 2015

ABB Bulgaria employed 400 new people over the past year and is planning to hire additional 200 employees by the end of 2015 at its second production plant in the town of Rakovski...

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Bulgarian Co Hired As Subcontractor To Help Repair Albania Power Plant

A Bulgarian company is now engaged in repair works at Komani, Albania's biggest hydro power plant (HPP), local reports suggest...

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Bulgaria 'Great Country For Rest And Stay' - Russian Website

A great many people are willing to acquire properties in Bulgaria, a local news outlet in Novosibirsk, south-central Russia, has said...

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Trace Group Hold Awarded 4-Year Road Maintenance Contract For Downtown Sofia

Trace Group Hold AD has signed a contract with the Sofia Municipality worth BGN 5 725 440 envisaging road maintenance services for 4 years in downtown Sofia...

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Outlook On Bulgaria's Tourism Season Good Despite EU-Russia Crisis

Improved weather conditions compared to last year and low euro will contribute to a better tourism season despite the expected drop in numbers of Russian and Ukrainian tourists, the head of a tourism think-tank says...

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Bulgaria-Registered Qatar Management Agency Buys Property Worth BGN 4.85 In Varna

Bulgaria-registered Qatar Management Agency EOOD bought industrial and agricultural property worth over BGN 4.85 M in the district of Varna in end-May...

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Bulgaria Could Benefit From EU Funding Of EUR 7.6 B By 2020 – EU Commissioner

Bulgaria could benefit from EU funding totaling EUR 7.6 B in the 2014-2020 programming period, according to EU Regional Policy Commissioner Corina Cretu...

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