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Bulgaria’s Black Sea city Varna better for business than capital Sofia
Thursday, 2 Oct, 2008 – 12:23 | No Comment
Bulgaria’s Black Sea city Varna better for business than capital Sofia

Bulgaria’s Black Sea city of Varna has better conditions for international business than the capital Sofia, according to a research of Colliers International cited by the online edition of the Pari Daily.
According to the consulting …

Bulgaria’s National Bank raises basic interest rate to highest level since 1998
Wednesday, 1 Oct, 2008 – 15:36 | No Comment
Bulgaria’s National Bank raises basic interest rate to highest level since 1998

The basic interest rate of the Bulgarian National Bank reached its highest level since April 1998.
On Wednesday Bulgaria’s central bank raised the BIR to 5,38%, up from 5,23% in September, after it was decreased from …

Bulgarian Manager appointed head of Cisco Systems in six East European states
Wednesday, 1 Oct, 2008 – 13:34 | No Comment
Bulgarian Manager appointed head of Cisco Systems in six East European states

The director of Cisco Systems Bulgaria Peter Ivanov was appointed Wednesday to manage the company business in five other eastern European states – Estonia, Latvia, Lithuania, Slovakia, and Slovenia.
Ivanov has been the director of Cisco …

Italians interested in Bulgarian business
Tuesday, 30 Sep, 2008 – 16:04 | No Comment
Italians interested in Bulgarian business

‘Bulgarian economic is developing fast and has interesting programme for development of foreign investments. What’s important to us is that Bulgarian business has opportunities to use the European project funds’, said the Italian Economy under …

Bulgaria is capable of surviving an economical crisis
Friday, 26 Sep, 2008 – 19:34 | One Comment
Bulgaria is capable of surviving an economical crisis

According to the international agency ‘Moodies’ Bulgaria’s economy could survive bad shock, even though such one is slightly probable. The agency confirmed yesterday the credit rating of the country in long-term obligations in local and …

Bulgaria’s launching two new hydroelectric projects
Thursday, 25 Sep, 2008 – 21:47 | No Comment
Bulgaria’s launching two new hydroelectric projects

Bulgaria is re-launching to joint hydroelectric projects with Romania on the Danube river – ‘Nikopol – Turnu Magurele’ and ‘Silistra – Calarasi’. The Energy and Economy Minister Petar Dimitrov has been determined to coordinate and …

The first hybrid power plant in Bulgaria
Thursday, 25 Sep, 2008 – 21:11 | One Comment
The first hybrid power plant in Bulgaria

Today in Sofia was presented the first hybrid power plant project in Bulgaria. It was prepared by the Ecowatt Technologies Foundation and the investor is the Bulgarian company Solar BG. The total investments in the …

Bulgaria’s first skyscraper to be built in Sofia
Wednesday, 24 Sep, 2008 – 21:31 | No Comment
Bulgaria’s first skyscraper to be built in Sofia

A famous architect will build the first skyscraper in Bulgaria. The unique building will be raised in Sofia near the former amusement park Sofia Land. The project has been approved and its construction will start …

Bulgaria attracted nearly $8.5 M investments in 2007
Wednesday, 24 Sep, 2008 – 20:27 | No Comment
Bulgaria attracted nearly $8.5 M investments in 2007

The 2008 World Investment Report of the UNCTAD was presented today in Sofia. It says that in 2007 Bulgaria has attracted nearly eight and a half billion dollars of foreign direct investments. This means that …

Tunnel under the Mount Shipka in Bulgaria expected to be built
Wednesday, 24 Sep, 2008 – 20:09 | No Comment
Tunnel under the Mount Shipka in Bulgaria expected to be built

MP Ivan Stamatov from the Bulgarian People’s union said for the press that there are investment intensions in realisations of the project for tunnel under the Mount Shipka. ‘If the Ministry of Regional Development and …

Krivodol with a new business initiative
Wednesday, 24 Sep, 2008 – 7:43 | No Comment
Krivodol with a new business initiative

A ceramic factory is expected to be build on the territory of Krivodol municipality. For the purpose there are raw materials – before 1989 there have been an enterprise for ceramic products.
The initiative is on …

City Centre Sofia sold
Tuesday, 23 Sep, 2008 – 19:55 | No Comment
City Centre Sofia sold

City Centre Sofia, one of the biggest shopping malls in Bulgaria, has been sold to Heitman European Property Partners for the sum of 101.5 million Euro. The mall is situated in downtown Sofia, near the …