Bulgarian Business Club Newspaper

Archive for the Category ‘Business’

Bulgaria’s Dobrich to Open Electric Vehicle Charging Point

Bulgaria’s Dobrich to Open Electric Vehicle Charging Point

The northeastern town of Dobrich will be the second one to open an electric vehicle charging station. The facility will be opened in a month or two, according to Vessela Sharankova, General Manager of the FullCharger company. Dobrich Mayor Detelina Nikolova explained Friday that the charging point in the city was a private investment but noted that the municipality was [...]

Bulgarians Turn a Blind Eye to Blogs – Poll

Bulgarians Turn a Blind Eye to Blogs – Poll

The role of political and business blogs in Bulgaria is negligible as the majority of online readers see them as tools for spreading rumors, rather than uncovering truths the mainstream media might have missed, a survey shows. Bulgarians browse the web mostly looking for social networking, news and entertainment, but tend to ignore almost completely [...]

Bulgaria Plans to Build 1st Technology Park with EU Funds

Bulgaria Plans to Build 1st Technology Park with EU Funds

The first scientific and technology park in Bulgaria will be built in the capital Sofia and will be located on what is known as The 4th Kilometer on “Tsarigradsko Shosse.” The value of the project is estimated at EUR 50 M and it will be financed by the EU Operational Program Competitiveness. The news was [...]

Poland Moves to Rescue Bulgaria from Egg Price Crisis

Poland Moves to Rescue Bulgaria from Egg Price Crisis

Poland will increase its exports of eggs to Bulgaria, thus normalizing the market in the country after its recent shocking egg price hike. Bulgaria’s Agriculture Minister Miroslav Naydenov has already talked with his Polish counterpart Marek Savicki, who has assured him that he will contact local producers immediately, the Bulgarian Agriculture Ministry has announced. Poland [...]

Bulgaria to Build Its First Science&Technology Park

Bulgaria to Build Its First Science&Technology Park

Bulgaria’s first science and technology park will be constricted in the capital Sofia, it has been announced. The project is to cost a total of EUR 50 M that will be paid by EU’s Competitiveness Operational Program. The park will occupy an area of 230 decares at Sofia‘s so-called “4th kilometer” and will be a [...]

‘Made in Bulgaria’ Bestows Annual Golden Martenitsa Awards

‘Made in Bulgaria’ Bestows Annual Golden Martenitsa Awards

The Bulgarian Union “Made in Bulgaria” bestowed Wednesday evening the annual “Golden Martenitsa” awards. The ceremony was held for the 18th year and gathered at the National Palace of Culture in downtown Sofia leading Bulgarian businesses and institutions. The award for Economic Cooperation for 2011 was given to Litex Motors for the building and the [...]

Bulgaria’s Revamped Varna Airport to Reopen Febr 29

Bulgaria’s Revamped Varna Airport to Reopen Febr 29

Bulgaria’s Varna Airport on the Black Sea coast will be reopened on February 29, 2012, after the completion of a massive investment into the rehabilitation of its runway, concessionaire Fraport Twin Star Airport Management has announced. Since the fall of 2011, Fraport Twin Star has invested BGN 40 M to improve the runway of the [...]

Pressure Piles on Bulgaria’s Sopharma over Alleged Monopoly

Pressure Piles on Bulgaria’s Sopharma over Alleged Monopoly

Bulgaria’s parliamentary health commission is about to launch a probe into local pharmaceutical company Sopharma over suspicions of monopoly, its head announced. The move came following an investigation by TV 7 channel, which showed that Sopharma sells its medicines to Bulgarian patients and hospitals at higher prices than in Turkey or Serbia. A package of [...]

Basic Bulgarian Food Staples Register Price Hike

Basic Bulgarian Food Staples Register Price Hike

In the last week, prices of basic food stables in Bulgaria went up even further with their wholesale price index increasing from 1.45 points to 1.47. The data was released by the State Commission for Commodity Exchanges and Market Places. Prices were stable until the beginning of February when the index was 1.4 on average. [...]

Sofia Airport’s Terminal 2 Celebrates 5 Millionth Handled Baggage

Sofia Airport’s Terminal 2 Celebrates 5 Millionth Handled Baggage

Bulgaria’s Sofia Airport has handled the 5 millionth baggage of a departing passenger from its Terminal 2. The airport’s EDS baggage handling system checked the 5 millionth baggage of a departing passenger from Terminal 2 at approximately 2:30 pm on Wednesday, according to Sofia Airport‘s official website. The system was installed in 2006, when Terminal [...]

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