Investment News

Chinese Company Is Interested In Sofia Tech Park

Opportunities for high-tech Chinese companies to participate in the first science and technology park in Bulgaria - Sofia Tech Park, were discussed at a meeting with Economy Minister Emil Karanikolov and China Ambassador Zhang Heizhou...

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New Factory For High-tech Automobile Components Will Open Doors In Pazardzhik

Today, a plant for high-tech automotive components will be opened in Pazardzhik. Reports BGNES...

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CEZ Distribution To Make Huge Investment In Blagoevgrad Region In 2017

During the peak of the summer CEZ Distribution started 43 investment projects. There will be allocated BGN 1.5 million in the electricity distribution network of Western Bulgaria...

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EU Has Secured EUR 220M For Western Balkan Companies

The EU is preparing the Western Balkan countries for the day when they will become a part of the EU's single economic system, EU Enlargement Commissioner Johannes Hahn said in Trieste Wednesday, adding that an additional EUR 220 million had been secured for countries of the region, reported Tanjug...

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Sofia City Council Approves the Construction of a 77-meter Building on Bulgaria Blvd

Sofia City Council today approved the construction of a 77-meter building on Bulgaria Blvd. The project was approved yesterday by the Committee on Urban Planning after it was rejected twice before. The investor is the company "Bulgaria Building"...

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Danutek Expands in Balkans, Hungary

Danutek, a subsidiary of Altus Group, is expanding in the Balkans and Hungary, and Altus announced a new office in Sofia, Bulgaria...

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Pall-Ex expands into Bulgaria

Pall-Ex Bulgaria’s operations began on June 23 after a deal was struck last year with one of Bulgaria’s largest courier providers. Bulgaria is the latest country to join Pall-Ex’s European network, which now includes the UK, Italy, Spain, Portugal, France, Romania and Benelux territories...

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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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