Investment News

A Chinese Consortium Takes over Plovdiv Airport

The consortium between the Chinese company "Hainan" and "Plovdiv Airport Invest" was designated as a concessioner at Plovdiv Airport following a procedure. This was announced by the Council of Ministers.

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Arco Vara to invest 60 mln euro in Bulgarian residential project

Estonian real estate group Arco Vara said that it will invest an estimated 60 million euro ($74.5 million) through its wholly-owned Bulgarian subsidiary, Arco Lozen, in the development of a residential project in Sofia during the next five years

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Indian Companies Interested in Investing in Bulgaria

Indian companies are interested in investing in the automotive, information and communication technology, food, agriculture and clothing industries in our country.

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Dutch Company Takeaway.com Buys BGMenu for EUR 10.5 Million

A new major player enters the food delivery sector in Bulgaria. Amsterdam-based Takeaway.com acquires "Hello Hungry", the company behind the local market leader BGMenu, in a EUR 10.5 million deal. The Dutch group acquires 100% of the company, pays the cash and invests additional funds in Bulgaria and Romania.

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EU provides close to half a billion euro for railway modernisation in western Bulgaria

About 471.5 million euro from the Cohesion Fund is invested in the development of the railway section between the towns of Elin Pelin and Kostenets, in western Bulgaria, the European Commission said on February 1.

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The Properties by the Sea: The Russians Leave, the Westerners Come

French, Germans, Belgians and other residents of Western Europe are asking to buy property on the Bulgarian Black Sea coast. At the same time, real estate developers registered a drop in the number of Russians investing in holiday properties on the Black Sea coast.

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First 9 months of 2017, Investments from Switzerland in Bulgaria Amounted to 128.3 million

For the first nine months of 2017, investments from Switzerland in Bulgaria amounted to 128.3 million. This was announced by the Minister of Economy Emil Karanikolov during a meeting with the Bulgarian-Swiss Chamber of Commerce, the Ministry of Economy announced.

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VMware has Negotiated the Largest Office Deal in Bulgaria

US high-tech VMware will rent more than 20,000 square meters in two of the buildings built in the Garitage Park complex. The announced rental area is the biggest office deal on the Bulgarian market.

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Over BGN 41 Million Granted for Repairs in Sofia

More than BGN 41 million will be provided for repairs in Sofia under the Operational Program "Regions in Growth" for a total project worth more than BGN 46 million. Two key areas in the capital will be modernized.

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700 Million Worth of Investments and 2700 New Jobs for Several Months

Since the beginning of 2018, 10 certificates have been issued under the Investment Promotion Act (LCI) with a total amount of nearly BGN 600 million and planned 877 new jobs.

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American Chemical Company Is Exploring The Opportunities For Investment In Bulgaria

Representatives of the world's largest chemical industry, the American Dow, are exploring investment opportunities in Bulgaria.This was made clear during a meeting of Deputy Economy Minister Alexander Manolev with Howard Chase, responsible for relations with the company's institutions for Europe, the Ministry of Economy said...

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BGN 256 Million Will Be Invested In The Airports Of Burgas And Varna In The Next 9 Years

Over the next nine years, another 256 million leva will be invested in the airports in Burgas and Varna.During the first ten years the concession company has invested BGN 350 million, as a result of which the two airports on the coast have new terminals, renewed infrastructure, computer and communication systems.This was said in Burgas by Ulrich Heppe, CEO of the concession company at the airports in Bourgas and Varna...

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Chinese Companies Plan To Open Offices In Bourgas

Chinese companies are ready to open their offices in Burgas.Interest was voiced to the governor, Vulcho Cholakov, at whose invitation a delegation from Sichuan province was on official visit, the district administration said...

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Three Small And Medium-Sized Enterprises In Japan Intend To Start Production In Bulgaria

Three small and medium-sized enterprises in Japan intend to start production in Bulgaria.This was made clear during the meeting of the Executive Director of the Executive Agency for Promotion of Small and Medium-Sized Enterprises Marieta Zaharieva with the Ambassador of Japan to Bulgaria HE. Masato Watanabe. ...

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The EU Gives EUR 355 Million To Start-up Companies In Bulgaria

€ 355 million will come from Europe for the development of start-ups, small and medium-sized companies in Bulgaria.The total attracted resource, which includes additional private investments, could reach a billion and a half euros, BT said...

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In The Industrial Zone Of Burgas Over 50 Million Leva Have Been Invested.

Investments in the Burgas Industrial Area exceed BGN 50 mln, with already 80% of the land occupied.This was announced by the Deputy Minister of Economy Alexander Manolev during a business forum in the seaside...

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Sofia Is Already In The "Investment Ratings" Group

The international rating agency Standard & Poor's (S & P Global Ratings) increased Sofia's long-term credit rating from BB + to BBB- with a stable outlook.So the capital is already in the \"investment ratings\" group, announced Sofia Municipality...

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Sofia Is Becoming More And More Attractive To Investors

On the day of the banker - Nikulden - Sofia received an investment rating from the S & P Global Ratings international rating agency...

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Standart & Poor's And Fitch Increased Their Rating For Bulgaria

The international rating agency S & P Global Ratings increased Bulgaria's long-term and short-term credit rating in foreign and local currencies to 'BBB- / A-3' from 'BB + / B'.An increased assessment of analysts reflects the strengthening of the country's external position as a result of the prolonged expansion of exports and the increase in savings.According to S & P Global Ratings, the risks associated with a substantial and sudden change in financial flows coming from abroad, and in particular foreign direct investment, have declined significantly.Public finances are also assessed as stable and defending the currency regime, the Ministry of Finance said.A robust outlook shows the balance of risks associated with credit rating.Expectations for economic growth have improved and fiscal policy has been assessed as conservative...

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Industrial-technological Park will be Build in Varna

Industrial-technological Park will be built in Varna.This was decided by the councilors of the property and economy commission in the sea capital.The sole owner of the capital will be the Municipality of Varna and the intention is to invite the "National Company Industrial Zone" as a shareholder at a later stage...

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