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Latest Business News from Bulgaria

london-fire-raises-concerns-about-renovations-in-bulgaria-06-20-2017
21 Jun 17

London Fire Raises Bulgarian Concern About High-Rises

Following the fire in London's Grenfell Tower, in which dozens died, concerns have risen in Bulgaria over construction materials used in renovation work on apartment blocks.

balkan-eu-states-drop-roaming-fees-06-14-2017
15 Jun 17

Balkan EU States Drop Roaming Fees

Mobile phone users from Bulgaria, Croatia and Romania will be able to save money from Thursday onwards, when new EU rules officially scrapping roaming charges come into force.

new-accusations-against-bulgarian-tycoon-in-serbia-05-19-2017
30 May 17

Bulgarian Tycoon’s Serbian Factory Awaits Bankruptcy Ruling

A court is due to decide on the potential bankruptcy of Serbian Glass Factory, amid claims of falsified debts and accusations against its owner, Bulgarian tycoon Tsvetan Vasilev.

skyscraper-frenzy-captures-bulgaria-s-capital-05-23-2017
24 May 17

Skyscraper Frenzy Divides Locals in Bulgarian Capital

New projects to build high-rises in the centre of Sofia are transforming the city's apprearance - but are also drawing a good deal of local opposition.

bulgaria-seeks-foreign-workers-to-save-tourist-season-05-22-2017
23 May 17

Bulgaria Imports Cheap Regional Labour to Save Tourism Boom

As Bulgarian workers seek higher paid jobs in Spain or Greece ahead of tourist season, the country is being forced to import cheaper labour from its neighbours. 

balkan-countries-hit-by-cyber-attack-05-15-2017
15 May 17

Romania Worst Hit in Balkans by Cyber-Attack

Romania was the Balkan country worst affected by last Friday's global cyber-attack, while Bulgaria reported that one unnamed public institution was affected.

vasilev-s-serbian-company-facing-bankruptcy-05-12-2017
15 May 17

Bulgarian Tycoon's Serbian Factory Faces Bankruptcy

Workers at the indebted Serbian Glass Factory in Paracin, owned by Bulgarian tycoon Tsvetan Vasilev - whose extradition is now sought by the Bulgarian authorities - are demanding that the Serbian government help them.

bulgaria-romania-join-outcry-against-varying-food-quality-in-the-eu-03-07-2017
08 Mar 17

'Double Standards' in Food Products Alarms Bulgaria, Romania

Bulgaria and Romania have joined an outcry against multinational food companies, accused of selling lower quality products in Eastern Europe compared to those offered in the Western supermarkets.

heating-supply-crisis-troubles-sofia-citizens-02-08-2017
09 Feb 17

Heating Failures Leave Bulgarian Capital Cold

Failures in the central heating supply have left around of half of the population of the capital, Sofia, in the cold – without knowing when the problem will be resolved.

russia-eyes-reviving-gas-projects-in-bulgaria-02-03-2017
03 Feb 17

Putin Eyes Renewing Energy Projects With Bulgaria

Russian President Vladimir Putin has signalled that he ready to revive gas projects with Bulgaria - despite the Kremlin's disappointment over the failure of the South Stream pipeline back in 2014.

bulgaria-serbia-put-high-hopes-on-joint-pipeline-01-19-2017-2
20 Jan 17

Bulgaria, Serbia Voice High Hopes About Gas Pipeline

Ministers of Bulgaria and Serbia have agreed a gas interconnector should become fully operational by 2020, helping both countries reduce their dependency on Russian energy.

bulgaria-s-largest-industrial-hub-mulls-importing-workers-12-06-2016
06 Dec 16

Bulgaria’s Industrial Hub Appeals to Foreign Workers

Major industrial enterprises in the region of Plovdiv, Bulgaria’s second-largest city, want to hire at least 5,000 workers but lack qualified candidates and plan to recruit ethnic Bulgarians from abroad.

bulgaria-russia-agree-on-debt-reduction-over-belene-nuclear-project-10-26-2016
26 Oct 16

Bulgaria, Russia Agree to Cut Belene Debt Bill

Russia's Atomstroyexport has agreed to write off the interest that Bulgaria owes on its debt for the Belene project - if Bulgaria pays off its obligations in full by December 15.

bulgaria-romania-still-hope-canada-lifts-visas-10-24-2016-1
24 Oct 16

Bulgaria, Romania Still Hope Canada Lifts Visas

While a Belgian region holds up the EU’s CETA deal with Canada, Romanians and Bulgarians hope to end visa requirements with Canada regardless of the outcome.

bulgaria-approves-state-aid-to-cover-debt-to-russian-nuclear-firm-09-21-2016
21 Sep 16

Bulgaria MPs Back Repaying Russian Nuclear Firm

Bulgarian MPs have backed a bill that allows the state budget to cover debts of over 0.6 billion euros owed by Bulgaria’s state electric company NEC to Russia’s Atomstroexport - but Brussels needs to give its approval.

Premium

bulgaria-stands-to-gain-from-eu-gazprom-deal-04-19-2017
19 Apr 17

Bulgaria Stands to Gain from EU-Gazprom Deal

Deal easing restrictions on gas sales between EU member states and offering better prices could be a big win for Bulgaria - though some fear the country will not make the most of the changes.

15 Mar 16

Bulgaria Gains from Drive to Woo Investors

01 Sep 14

New Bulgaria Bank Crisis Threatens Confidence

Politics and Society

france-s-tough-line-on-cheap-labour-to-affect-balkans-06-23-2017-1
23 Jun 17

Macron to Visit Romania After Vowing to Tackle Cheap Labour

President Macron’s harsh line on Eastern Europeans who work in the West - but pay less in social contributions – will impact on the Balkans, as well as on his primary target, Poland.

20 Jun 17

Macedonia PM Aims to Heal Breach With Bulgaria

Culture and Lifestyle

inside-guide-to-the-balkans-secret-wonders-06-06-2017
06 Jun 17

Inside Guide to the Balkans’ Secret Wonders

Scattered across the Balkans are stunning little gems of nature or human history that are well worth making a detour to visit.

01 Jun 17

Bulgaria's 'Rock 'n Roll' Capital Falls Silent

14 May 17

Teenage Bulgarian Pipped to Post at Eurovision