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Latest Business News from Bulgaria

23 Sep 10 / 13:15:36

Bulgaria's Organic Farmers Eye Western Europe

Bulgaria could occupy a niche position in supplying organic produce to the rest of Europe, local experts say, after statistics showed significant growth in the market.

14 Sep 10 / 10:52:51

Auction of Bulgaria Steel Giant Fails

An auction of the Bulgarian steel maker Kremikovtzi has failed after no bidders showed interest in the insolvent plant.

13 Sep 10 / 11:29:04

Bulgaria 'Has No Need for IMF Loan'

Bulgaria does not need to take a loan from the International Monetary Fund, IMF, over the next two years as the country's economy is doing well, the finance minister has said.

31 Aug 10 / 16:20:04

Germany’s WAZ Denies Rumours For Selling its Business in Bulgaria

German media group WAZ, which owns Trud and 24 Chasa, two of the largest dailies in Bulgaria, has denied rumours of pulling out from the country.

30 Aug 10 / 17:33:38

Bulgarian Cigarette Giant’s Profits Grow

Bulgaria’s state-owned tobacco monopoly Bulgartabac has posted a net profit of 7.5 million lev (€3.75 million) for the first half of the year, the company has announced.

20 Aug 10 / 09:36:56

Consumers Confused over Bulgaria Gas Prices

Confusing among gas consumers in Bulgaria is growing amid ongoing uncertainty over prices for the beginning of the next heating season.

18 Aug 10 / 16:07:22

Bulgaria Construction Sees Sharp Fall

Bulgaria has ranked second among the EU states with the biggest decrease in construction for June year-on-year, show the latest Eurostat statistics, released on Wednesday.

18 Aug 10 / 11:39:32

Nine EU States Demand Debt Calculation Change

Nine EU member states, including Bulgaria and Romania, have called for changes in the way their country’s debts are calculated by the bloc.

17 Aug 10 / 17:56:59

Bulgarians Face Shock Gas Price Rise

Gas prices in Bulgaria could go up by three per cent from October - contrary to earlier reports of an expected decrease, the state gas monopoly Bulgargaz has announced.

17 Aug 10 / 09:01:26

Power Cuts Hit Bulgarian Tourism

Power cuts in Bulgaria’s southern seaside resorts are putting additional pressure on the local tourism industry, already hit hard by the economic crisis.

17 Aug 10 / 08:58:51

Foreign Investment Plummets in Bulgaria

Foreign direct investment in Bulgaria has dropped by 78 per cent for the first six months of the year, the Bulgarian National Bank, BNB, has announced.

16 Aug 10 / 14:05:16

Bulgarian Nightclubs Caught in Tax Probe

The owners of Black Sea nightclubs and bars have failed to pay 150,000 euros (300,000 lev) in taxes, according to an investigation by Bulgarian tax officials.

11 Aug 10 / 16:02:45

Bulgarian Economy 'Stabilising'

Bulgaria's economy may overcome its economic crisis in the coming months, according to a report by the country's industrial association.

05 Aug 10 / 12:40:54

Bulgarian Govt Awards Gas Concession to UK Company

Bulgaria is reported to have granted a 10-year concession for the extraction of natural gas to UK company Melrose Resources.

05 Aug 10 / 10:28:57

Macedonia Lifts Visa Curbs for Russians

The Macedonian government is to scrap the visa requirements for visitors from Russia over the summer in a bid to boost tourism in the country, according to reports.