Investment News

Sofia is Among the 20 Cities with the Fastest Increase in Prices of Housing in the World

Sofia is ranked 18th among 150 cities in the world with the fastest rise in prices of housing, according to an international report by the consulting company Knight Frank.

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The Leading Global Chain InterContinental Hotels & Resorts is Entering the Bulgarian Market

InterContinental Hotels & Resorts Global chain already hosts guests in Sofia and takes the place Radisson against the National Assembly.

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A New German Plant Opens 2000 Jobs in Bulgaria

A German company has invested EUR 32 million to build a new electric wiring plant in Pleven. This will create 2000 jobs for the region, a press conference at the Ministry of Economy has revealed.

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Multivac opens new 18.8m euro production facility in Bulgaria

Packaging company Multivac has opened a new €18.8 million production facility in Bulgaria, the company’s first manufacturing site in Eastern Europe.

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The Biggest Investors in Bulgaria are from the EU

The biggest foreign investors in the Bulgarian economy are from the European Union, according to a statement made by the Minister of Economy Emil Karanikolov.

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Feeling Good: FDI in Bulgaria

Bulgaria has seen a significant rise in foreign direct investments since its accession to the EU. But what have investors told us about the business climate in the country?

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Lukoil is Considering Building a Complex in Burgas for nearly EUR 1 Billion

Lukoil plans to build a complex for the production of polypropylene on the territory of "Neftochim" in Burgas, Vagit Alekperov, president and co-owner of the Russian company, told the RNB business magazine, calling the facility "a small petrochemical complex"

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The Financial Times Оpens a Тechnology Оffice in Sofia, Bulgaria

One of the world's leading business news organizations - the Financial Times, opens an office in Sofia in the autumn of 2018

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The Luxury Property Market in Bulgaria

The luxury property market in Bulgaria is moderately high during the first quarter of 2018, according to an analysis by the consulting firm Unique Estates.

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InterContinental® Debuts in Bulgaria With Opening of 194-Room InterContinental Sofia

InterContinental® Hotels & Resorts has brought modern luxury to Bulgaria with the opening of InterContinental® Sofia, an IHG® hotel, in the culture-filled capital city.

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FDI in Bulgaria in Q1 2018 was 179.1M euro

Foreign direct investment in Bulgaria in the first three months of 2018 stood at 179.1 million euro, the equivalent of 0.3 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on May 18.

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China's HNA to double investment in Bulgaria's Plovdiv airport

China’s HNA Airport Group will double its investment for repair and maintenance of the airport in Plovdiv, Bulgaria’s second largest city, the transport ministry said on Friday.

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Turkey will Make a Speed Train from Istanbul to Sofia

As a continuation of the "silk road" from China, a double railway line between Edirne and Istanbul will be built with the idea of ​​continuing through Plovdiv to Sofia.

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Internationally Renowned Hotel Chain Plans to Make a Hotels on Bulgaria's Black Sea Coast

The US Marriott Hotel chain is interested in two sites on the Bulgarian Black Sea coast. One of them is in Varna and the other is on the southern coast. This was announced by Minister of Tourism Nikolina Angelkova in Varna.

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Bulgaria can Open the "New Silk Road" to Central and Western Europe

Bulgaria could become a bridge for Chinese cargo and open the "New Silk Road"(One Belt One Road Initiative) to Central and Western Europe, said Transport Minister Ivaylo Moskovski

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Poland’s GTC Group buys Mall of Sofia

Polish real estate developer and investor GTC Group said on April 27 that it has acquired Mall of Sofia and the adjacent Sofia Tower office building from Europa Capital.

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Lidl will Open at least Seven New Stores in Bulgaria in 2018

"This year, Lidl will open at least seven stores in the country, mainly in Sofia, Varna and Plovdiv," said Milena Dragiyska, Chief Executive Officer for Capital.bg.

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Billa to Open 10 New Stores in Bulgaria

Austrian supermarket chain Billa, which already employs 4500 people in Bulgaria, plans to open between eight and ten new stores in three cities – Sofia, Plovdiv and Varna.

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Mondi Invests over € 600 Million in a New Plant in Bulgaria

The International Packaging and Paper Production Group Mondigroup intends to invest over EUR 600 million in the construction of a new plant in Bulgaria.

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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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