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Latest Business News from Bulgaria

popular-fest-cancelled-over-deputy-pm-s-disco-raids-in-bulgaria-08-15-2017
15 Aug 17

Bulgarian Festival Cancelled Amid Nightclub Crackdown

SOLAR Summer, a popular electronic music festival at Bulgaria’s Sunny Beach resort, has cancelled its 2017 edition, fearing it might be targeted as part of deputy PM Valeri Simeonov’s ‘war on noise’.

bulgarian-government-s-night-club-raids-spark-controversy-08-14-2017
15 Aug 17

Bulgarian Deputy PM’s Disco Raids Spark Backlash

Bulgaria’s deputy premier Valeri Simeonov, who led raids on nightclubs in the Black Sea resort of Sunny Beach in which a popular DJ was arrested, has caused controversy with his ‘war on noise’.

bulgaria-extends-support-for-chinese-smart-city-near-sofia-08-08-2017
09 Aug 17

Bulgaria Backs New Chinese ‘Smart City’ Near Sofia

The Saint Sofia project, a huge, high-tech entertainment, retail, hotel and office complex funded by Chinese money, is expected to be built near Bulgaria’s capital over a three-year period.

romania-joins-visegrad-states-in-eu-food-row-07-27-2017
28 Jul 17

Romania Joins Campaign Against 'Double Standards' in Food

Romania is joining a number of other Eastern European states who accuse big food retailers of using an EU loophole to sell inferior-quality products to their countries.

bulgaria-to-ease-buying-farm-land-by-foreigners-under-eu-pressure-07-14-2017
14 Jul 17

Bulgaria May Scrap Barriers on Foreigners Buying Land

Under EU pressure - and to avoid heavy fines - the Bulgarian government is moving to remove barriers against the acquisition of agricultural land by foreign citizens.

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.

Premium

young-educated-bulgarians-return-from-abroad-for-good-08-07-2017
07 Aug 17

Young Educated Bulgarians Return from Abroad for Good

The number of highly qualified Bulgarians choosing to start a career back home after graduating from top foreign universities is growing, NGOs say. 

19 Apr 17

Bulgaria Stands to Gain from EU-Gazprom Deal

15 Mar 16

Bulgaria Gains from Drive to Woo Investors

01 Sep 14

New Bulgaria Bank Crisis Threatens Confidence

Politics and Society

bulgarian-tycoon-vassilev-moves-forward-claims-under-us-magnitsky-act-08-16-2017
16 Aug 17

Vassilev Pushes for US Sanctions Against Bulgaria

Exiled Bulgarian ex-banker Tsvetan Vassilev is seeking US sanctions against Bulgaria under the Global Magnitsky Act – while his family complains of increased pressure from the authorities. 

04 Aug 17

Will the Bulgarian-Macedonian Treaty Work?

Culture and Lifestyle

balkan-films-to-watch-this-summer-07-31-2017
01 Aug 17

Best Balkan Films to Watch This Summer

From light-hearted comedies to horrors and dramas that reveal the still visible legacy of the wars of the 1990s, Balkan cinematography has something for everyone this summer.

27 Jul 17

Busting Myths About Russia’s Balkan Designs

06 Jun 17

Inside Guide to the Balkans’ Secret Wonders

01 Jun 17

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

14 May 17

Teenage Bulgarian Pipped to Post at Eurovision