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Industry Watch: Plovdiv becoming industrial capital of Bulgaria

By   /  03/01/2017  /  BG Business, BG Finance, Bulgaria, Business, Finance  /  Comments Off on Industry Watch: Plovdiv becoming industrial capital of Bulgaria

trakiya-industrial-zone-plovdiv

Plovdiv is increasingly establishing itself as the industrial capital of Bulgaria, according to economists and analysts from the Industry Watch think-tank. In the Trakiya Economic Zone alone, between 70 million and 130 million euro is being invested annually by Bulgarian and foreign companies, and in 2017, businesses in the region will be recruiting more than […]

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Bulgaria moves to reform law on managing Black Sea beaches ‘to improve quality of tourist service’

By   /  28/12/2016  /  BG Business, BG Finance, Bulgaria, Business, Finance  /  Comments Off on Bulgaria moves to reform law on managing Black Sea beaches ‘to improve quality of tourist service’

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Bulgaria’s outgoing Cabinet approved on December 28 amendments to the Black Sea Coast Spatial Planning Act that, if approved, would change the system for classification of beaches. The amendments have been proposed by Bulgaria’s Tourism Ministry. They are intended to enable the grouping and classification of beaches according to their geographical features – in the […]

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Bulgaria, Slovakia gas grid operators to co-operate on gas hub project

By   /  04/11/2016  /  BG Business, BG Energy, BG Finance, Bulgaria, Business, Energy, Finance  /  Comments Off on Bulgaria, Slovakia gas grid operators to co-operate on gas hub project

eustream

The gas grid operators of Bulgaria and Slovakia signed a memorandum of understanding that envisions the two companies, Bulgartransgaz and Eustream, working together on “improving the security of gas deliveries” in Central and Eastern Europe, in particular the two major gas infrastructure projects championed by their respective governments – the Balkan gas hub and the […]

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Bulgarian consumer confidence largely unchanged in October – poll

By   /  04/11/2016  /  BG Business, BG Finance, Bulgaria, Business, Finance  /  Comments Off on Bulgarian consumer confidence largely unchanged in October – poll

finance-clima

Consumer confidence among Bulgarians in October was largely unchanged since the previous poll in July, the National Statistical Institute (NSI) said on November 4. This means that it remains well above the average for the regular surveys, measured since 2005. The consumer confidence indicator is an arithmetic mean of the balances of the expectations about […]

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Poll: Bulgarian business climate drops in October 2016

By   /  28/10/2016  /  BG Business, BG Finance, Bulgaria, Business, Finance  /  Comments Off on Poll: Bulgarian business climate drops in October 2016

bussiness

A regular poll by Bulgaria’s National Statistical Institute (NSI) found a more negative view of the Bulgarian business climate in October 2016, down by 1.3 percentage points compared with September, mainly because of more negative perceptions in industry and the retail trade. While a more unfavourable business climate was registered in industry and the retail […]

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Finance Ministry: Bulgaria gets ‘high marks’ from World Bank, IMF

By   /  08/10/2016  /  BG Finance, BG Politics, Bulgaria, Finance, Politics  /  Comments Off on Finance Ministry: Bulgaria gets ‘high marks’ from World Bank, IMF

goranov-1

Sofia, October 8, 2016/ Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe Bulgaria received high marks from the World Bank and International Monetary Fund for its fiscal policy and accelerated economic growth in the past year and a half, the Finance Ministry said on October 8. The ministry said that the positive […]

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Poll finds views of Bulgarian business climate unchanged in September 2016

By   /  29/09/2016  /  BG Business, BG Finance, BG Social, Bulgaria, Business, Finance, Social  /  Comments Off on Poll finds views of Bulgarian business climate unchanged in September 2016

market

Sofia, September 29, 2016/ Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe A regular poll by Bulgaria’s National Statistical Institute (NSI) has found views of the country’s business climate unchanged in September 2016, compared with the previous month. The finding comes a month after an NSI survey found opinions of the business […]

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World Bank to help Bulgaria better protect its nature

By   /  29/09/2016  /  BG Finance, BG Politics, BG Social, Bulgaria, Finance, Politics, Social  /  Comments Off on World Bank to help Bulgaria better protect its nature

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Sofia, September 29, 2016/ Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe The World Bank will help Bulgaria protect and better manage its natural assets, like forests and air, as well as mitigate the risks of climate change, the Bank said in a statement. Two contracts for analytical and advisory services were […]

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FDI in Bulgaria in January-July 2016 was 987.3M euro

By   /  16/09/2016  /  BG Business, BG Finance, Bulgaria, Business, Finance, Headlines  /  Comments Off on FDI in Bulgaria in January-July 2016 was 987.3M euro

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Sofia, September 16, 2016/Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe Foreign direct investment in Bulgaria in the first seven months of 2016 stood at 987.3 million euro, the equivalent of 2.2 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on September 16. In […]

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Bulgarian government agrees tourism deal with Saudi Arabia

By   /  13/09/2016  /  BG Business, BG Finance, BG Politics, Bulgaria, Business, Finance, Politics  /  Comments Off on Bulgarian government agrees tourism deal with Saudi Arabia

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Sofia, September 13, 2016/ Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe Bulgaria’s Cabinet approved on September 13 a memorandum on co-operation in tourism with Saudi Arabia, the government media service said. The document reflects the desire of both countries to foster cooperation in the tourism sector, “taking into account local traditions […]

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