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Latest Business News from Bulgaria

02 May 11 / 10:23:36

Bulgaria Demands Guarantees After Russia Halts Oil Exports

Bulgaria's economy and energy minister has asked Russia for guarantees about fuel supplies for the country amidst reports that Moscow is clamping down on oil exports.

26 Apr 11 / 09:30:38

Bulgaria Set to Privatise State Tobacco Giant

Bulgaria's state cigarette producer Bulgartabac Holding is set to be declared ready for privatization on Tuesday.

14 Apr 11 / 14:00:11

Bulgaria, Areva Sign Energy Cooperation Deal

The Bulgarian Energy Holding, BEH, and the French firm Areva signed a cooperation memorandum on work in the country's energy sector on Wednesday.

31 Mar 11 / 16:46:29

Bulgaria: Pipeline Decision Delayed

Bulgaria has given the Trans-Balkan Pipeline company two more months to complete its environmental impact assessment of the planned Burgas-Alexandroupolis oil pipeline.

29 Mar 11 / 14:53:39

Bulgaria Lowers Growth Forecast

Bulgaria has reduced its economic growth forecasts for 2012 and 2013 in light of the unrest in the Arab world and the devastating earthquake that hit Japan earlier this month.

14 Mar 11 / 14:41:14

Bulgaria Sees Increase in Average Salary

While the official average salary in Bulgaria has soared 186 per cent over the past 10 years, analysts say this does not mean that most Bulgarians have seen their incomes go up.

11 Mar 11 / 09:32:05

Bulgaria: Foreclosure Auctions Jump in 2011

Auctions for the sale of foreclosed properties in Bulgaria listed by private law enforcement officers have doubled compared to 2010 figures.

02 Mar 11 / 11:59:30

Bulgaria Stakes Claim to Historic Balkan Rakia

Sofia is trying to prove to Brussels that the grape brandy known as ‘rakia’ is a traditional Bulgarian product - though it insists it is not making any exclusive claims.

02 Mar 11 / 09:05:26

Bulgarian Jobless Rate Up Slightly in January

The unemployment rate in Bulgaria continues its upward climb, reaching 10.2 per cent in January 2011, compared to 10.1 per cent in November and December 2010.

60-000-bulgarian-dairy-farms-don-t-follow-eu-standards

01 Mar 11 / 08:09:26

Thousands of Bulgarian Dairy Farms Fail to Meet EU Standards

Between 60,000 and 65,000 dairy farms in Bulgaria do not meet European standards for hygiene, though 24,000 of them sell milk on the market.

bulgarian-region-in-european-union-s-poorest

25 Feb 11 / 08:24:37

Bulgarian Region is European Union's Poorest

Bulgaria's Severozapaden region has the lowest GDP per inhabitant in EU, according to Eurostat.

bulgaria-properties-13th-most-attractive-to-british-buyers

24 Feb 11 / 14:56:20

Bulgaria Ranks High for British Seeking Second Home

Bulgaria has made it to the thirteenth spot in a new ranking of property markets which remain popular for foreign mortgages among Britons.

22 Feb 11 / 14:05:03

Texas Firm Buys Bulgaria's Direct Petroleum

Texas-based TransAtlantic Petroleum has closed deals on the acquisition of 100 per cent of Direct Petroleum Bulgaria EOOD, Direct Petroleum Morocco Inc., and Anschutz Morocco Corporation.

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21 Feb 11 / 14:10:45

Bulgaria’s Q4 Jobless Rate Rises

Almost 150,000 Bulgarians lost their jobs between the end of 2009 and the end of 2010, data from the Bulgarian National Statistics Institute show.

15 Feb 11 / 12:43:06

Bulgaria Registers 10% Boost in Wine Exports 2010

Bulgaria's wine exports increased by 10 per cent year on year in 2010, reaching 57.6 million litres, the country's Agriculture Minister Miroslav Naydenov has announced.