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The commercial areas in Varna have increased by 30%
Wednesday, 8 Oct, 2008 – 19:28 | No Comment
The commercial areas in Varna have increased by 30%

By the opening of Varna Mall in June, the commercial areas in Bulgaria’s seaside capital have increased by 33 000 square meters. During the first six months of 2008 were opened new stores that possess …

Bulgaria’s IT market with a 2-digit growth
Wednesday, 8 Oct, 2008 – 15:33 | No Comment
Bulgaria’s IT market with a 2-digit growth

During the current year the market for information technologies will once again mark a 2-digit growth. According to the expectations it will be 10.3 % – less than the last year and compared to earlier …

40% of the deposits are guaranteed
Tuesday, 7 Oct, 2008 – 20:07 | No Comment
40% of the deposits are guaranteed

‘Bulgaria has to be prepared to guarantee the bank system and the deposits of citizens and firms. Currently, the country can guarantee 40% of the deposits of individuals and companies from the Fund for guarantee …

Bulgarian-German exchange of merchandise reached record values
Tuesday, 7 Oct, 2008 – 17:45 | One Comment
Bulgarian-German exchange of merchandise reached record values

The exchange of merchandise between Bulgaria and Germany has reached record values. This was said in Haskovo by Dr. Mitko Vasilev, chairman of the German-Bulgarian industrial-trade chamber. He accompanied the ambassador of Germany Michael Geier …

Bulgaria’s insurance market up by 23% in January-July
Tuesday, 7 Oct, 2008 – 12:37 | No Comment
Bulgaria’s insurance market up by 23% in January-July

Bulgaria’s general insurance steamed ahead in the first seven months of the year, posting a 23 per cent year-on-year increase in premium incomes to 847.7 million leva, Financial Supervision Commission data has showed.
Motor insurance generated …

Hemus Air and Lufhansa Technik build a new airport complex
Sunday, 5 Oct, 2008 – 22:28 | No Comment
Hemus Air and Lufhansa Technik build a new airport complex

The Bulgarian air company ‘Hemus Air’ and the German ‘Lufthansa Technik’ will realize a joint project, connected with the total reconstruction, expansion and renewal of Hangar 3 of Sofia Airport. The complex will serve the …

Unit 6 of the nuclear power plant in Kozloduy repaired
Sunday, 5 Oct, 2008 – 21:42 | No Comment
Unit 6 of the nuclear power plant in Kozloduy repaired

The planned annual repairs of Unit 6 of Bulgaria’s nuclear power plant in Kozloduy were completed successfully and minutes before midnight on Saturday it was turned on. The permission for putting the reactor into operation …

Bulgarian banks register a 1 billion profit
Sunday, 5 Oct, 2008 – 14:41 | No Comment
Bulgarian banks register a 1 billion profit

1 billion leva profit have registered the Bulgarian banks for the first 8 months of the year, announced the manager of Bulgarian National Bank (BNB) Ivan Iskrov. He supposed that by the end of the …

Bulgaria and Romania create joint structure for operating Danube bridge 2
Friday, 3 Oct, 2008 – 21:28 | No Comment
Bulgaria and Romania create joint structure for operating Danube bridge 2

A joint structure between Bulgaria and Romania will be constructed on Danube Bridge 2 to the end of 2009. The decision was made on a conference of the Joint Bulgarian-Romanian Committee on the project ‘Danube …

5 Bln EUR For Bulgarian farmers till 2013
Friday, 3 Oct, 2008 – 19:09 | No Comment
5 Bln EUR For Bulgarian farmers till 2013

5 billion euro will be granted to the Bulgarian farmers for a period 2007-2013, said the Bulgarian prime minister Sergei Stanishev at the opening of the information campaign under the Program for rural development 2007-2013.
Sergei …

RWE wins bid for 49% of Bulgaria’s Belene nuclear plant
Friday, 3 Oct, 2008 – 15:16 | No Comment
RWE wins bid for 49% of Bulgaria’s Belene nuclear plant

German company RWE has won the bid for acquisition of 49% of Bulgaria’s future Belene nuclear power plant, Minister of Energy and Economy Petar Dimitrov announced.
The winning offer of RWE, which competed with the Belgian …

Crisis brings Russian and Arab investors to Bulgaria’s real estate market
Thursday, 2 Oct, 2008 – 19:04 | No Comment
Crisis brings Russian and Arab investors to Bulgaria’s real estate market

The global financial crisis will serve to attract more Russian and Middle Eastern investors to Bulgaria’s real estate market, according to the Russian online edition rambler.ru.
The reason for that is that the financial crisis is …