Bulgaria’s sales of new cars grew by 21.3% in the first half of 2011 year-on-year, according to data of the Association of Car Importers. A total of 10 954 new vehicles were sold in Bulgaria in January-June 2011, including 10 287 new cars (an increase of 19.6% year-on-year), and 667 buses and trucks (an increase [...]
The newly-appointed CEO of the vastly-troubled Bulgarian State Railways BDZ Yordan Nedev has declared his intention to break even in 2012, not in 2014, as his predecessor intended. Nedev, a financier who was appointed to replace Pencho Popov as CEO of the state-owned BDZ Holding in a surprise move by new Transport Minister Ivaylo Moskovski, [...]
The Bulgarian Construction Chamber is demanding state subsidies for construction firms which are bidding in tenders in non-EU countries such as Morocco and Algeria, for example. Bulgarian construction companies need government subsidies in order to deposit the bank guarantees required by the non-EU states, according to the head of the Bulgarian Construction Chamber Svetoslav Glosov, [...]
Bulgaria’s government is certain to set up a state-owned mega-company to be in charge of large-scale infrastructure projects, a somewhat controversial brainchild of Regional Development Minister Rosen Plevneliev. The new infrastructure company will be called State Company “Strategic Infrastructure Projects”. It is to be established as on Thursday, the Bulgarian Parliament adopted amendments to the [...]
More than 3 100 km of Bulgarian roads, most of which have not been touched in 30-40 years, will be repaired under 76 projects of the Road Agency, Regional Development Minister Rosen Plevneliev announced. Plevneliev, who is the Bulgarian official with the highest public support, spoke Monday on the rehabilitation of the first-, second-, and [...]
The corporate members of the Bulgarian Chamber of Mining and Geology are primarily optimistic about the country’s mining industry, a survey of the Chamber indicated. About 63% of the members of the Bulgarian Chamber of Mining and Geology have declared their positive expectations for 2011, while fewer than 25% have expressed pessimism. Exactly one fifth [...]
It is no secret for anyone which financial and industrial group bought the assets of the Bulgarian steel mill giant Kremikovtzi, the Bulgarian Economy Minister Traicho Traikov said Friday. This was Traikov’s comment upon being asked by Bulgarian journalists whether a 26 year-old buyer can afford to pay BGN 316 M (nearly EUR 162 M) [...]
Bulgaria‘s anti-trust commission has fined two fuel distributors over their failure to cooperate in a probe into an alleged fuel price cartel that was launched amidst drivers’ protests last month. Litex AD has been slapped a fine of BGN 12 343 and Petrol AD – BGN 12 000. The sanctions represent a percentage of the total [...]
The effect of the sharp increase of oil prices triggered by mass protest and turmoil in a number of Middle East countries is felt in Bulgaria where gas prices are the highest in the last two years. In the course of just several weeks, gasoline is up by BGN 0.1 per liter, and BGN 0.3 [...]
Belgian retailer Delhaize is expected to acquire 50% of Serbian conglomerate Delta Holding, which owns the chain Piccadilly, operating in Bulgaria. Financial Times reported Thursday that the final agreement will be announced by early March, but Delhaize is expected to take a 50% stake of the Serbian supermarket network, which have annual earnings of more than [...]
ICANN CEO and President Rod Beckstrom: It’s Great Bulgaria Cares So Much about Cyrillic Domains
Sir Alex Assuages Berbatov Injury Fears
Bulgarian Christian Orthodox Honor Saint Sava
Bulgarian Food Safety Watchdog Orders 22kg of Spoiled Yellow Cheese Incinerated
Bulgarian Parliament to Vote State Budget 2012 on 2nd Reading
Bulgarian Cabinet Firm on Not Surrendering to Farmers
Poland Favors EU Treaty Change to Rescue Eurozone
