Investment News

Swedish Investors are Planning to Expand Their Business in Bulgaria

The Ambassador of Sweden to Sofia Louise Bergholm told Bulgaria’s Minister of Economy Emil Karanikolov that 74% of the Swedish investors in Bulgaria are planning to expend their business in that country, reported BNR...

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South African property firm agrees deal to buy Serdika Center mall in Sofia

Real estate firm New Europe Property Investments (NEPI) has said that it has agreed to buy the Serdika Center shopping mall and office complex in Bulgarian capital Sofia for 207.4 million euro...

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European Comission Approves EUR 86.6M For Sofia Subway Line 3

The European Commission (EC) has approved another EUR 86.6 million from the European Regional Development Fund to finance further construction works on the western part of Line 3 of the underground in Sofia, according to a EC press release...

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€20M ERBD loan to help Turkish firm expand in Bulgaria

The European Bank for Reconstruction and Development (EBRD) is providing a €20 million ($22.5 million) loan to support the expansion of the Bulgarian subsidiary of Turkish automotive supplier Teklas, the bank announced Monday...

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China's Huawei To Help Bulgaria Become EU Leader In IT Services

China's telecom giant Huawei would help Bulgaria to become a leader in IT services in the European Union (EU), said Guo Ping, the company's rotating and acting CEO said on Tuesday...

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China says modern-day Silk Road will be "project of the century"

China's Xi Jinping says the plan to build a modern-day Silk Road will be the start of a new "golden age" of globalisation...

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ZTE to provide IT solutions for luxury property project in Bulgaria

Bulgarian Development Holdings Ltd.(BDHL) has teamed up with Chinese telecom equipment maker ZTE Corp for a 1.5 billion euro ($1.6 billion) entertainment and commercial complex near Sofia, BDHL said on Sunday...

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Bulgaria To Attract Investments Worth Nearly EUR 560M Under Juncker Plan

"Bulgaria is expected to attract investments to the tune of nearly EUR 560M under the Juncker Investment Plan", Bulgaria’s Minister of Finance Vladislav Goranov announced, quoted by BNR...

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Bulgarian Farmers Receive EUR 227M Euro Subsidies

The Agriculture Fund has paid EUR 227M in grants under the so-called green direct payments scheme, according to BNR...

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US Technological Giant Tesla To Step On Bulgarian Market

On the map of charging stations for electromobiles of the technological giant Tesla there is now a station that will be the first one built in Bulgaria as part of the company’s corridor connecting Europe with Turkey, the Ministry of Economy has said, cited by BNR...

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FDI in Bulgaria in January-February was 102.4M euro

Foreign direct investment in Bulgaria in the first two months of 2017 stood at 102.4 million euro, the equivalent of 0.2 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed...

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British American Tobacco To Invest In Bulgaria Over EUR 1M

The second largest tobacco company according to its shares on the world market – British American Tobacco (BAT) announced that it has made substantial investments in Bulgaria and that it is signing contracts for the purchasing of leading brands from Bulgartabak...

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Burgas, Alexandroupolis Ports To Develop Joint Project

he managing teams of the ports in Burgas and Alexandroupolis  plan to develop a joint project based on European financing, according to BNR...

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PharmaLex Group accelerates growth by strengthening office in Bulgaria

The Bulgarian office provides PharmaLex with cost-effective access to highly qualified EU expertise...

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New Europe: EU Sees Transport Investment Opportunities In Bulgaria

European Union Transport Commissioner Violeta Bulc will discuss transport investment in the Balkan country on March 23-24, during a conference in Sofia, which brings together public and private institutions involved in transport financing and planning, New Europe reports...

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Foreign Direct Investments In Bulgaria Up By 92% In January

Foreign direct investments in Bulgaria during the first month of the year are up by almost 92 percent on a yearly basis, reaching EUR 54M, Stamen Yanev, CEO of InvestBulgarian Agency said for the Bulgarian National Radio...

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Belgian Spadel Is New Owner Of Devin

Belgian company Spadel is the new owner of Devin as of March 10 in a deal for EUR 120 M...

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Hong Kong - A Potential Investor In Bulgaria

Hong Kong has been exploring options for investments in Bulgaria in the area of infrastructure, the Deputy Representative for Economic and Trade Affairs of that Chinese region for the European Union Sam Hui told the Bulgarian National Radio...

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Sensata Technologies opens testing facility in Bulgaria

Sensata Technologies has opened its largest global testing facility in Sofia to support its automotive sensing technologies, the company said on Tuesday...

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Bulgaria's Property Prices Up By 12% In Six Months Alone

In six months alone, real estate prices in Bulgaria have jumped by 12%, showed data of the Association of Real Estate Brokers....

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