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Bulgaria's SVS Buys Grand Hotel Plovdiv from Synergon Unit for 22.8 Mln Euro
08 Feb 2019Bulgarian company SVS has signed a 22.8 million euro ($25.9 million) deal with Synergon Hotels, a unit of diversified group Synergon Holding, for the acquisition of Grand Hotel Plovdiv, commercial register data shows.
Bulgaria to Get 10.9 Mln Euro KIDSF Grant for Three Gas Pipelines - EBRD
07 Feb 2019Bulgaria's state-owned gas transmission system operator Bulgartransgaz will receive a 10.9 million euro ($12.4 million) grant from the Kozloduy International Decommissioning Support Fund (KIDSF) to partially finance the construction of three gas pipelines, the European Bank for Reconstruction and Development (EBRD) said. view more
ICGB Invites 5 Candidates to Bid for Building Greece-Bulgaria Gas Link
06 Feb 2019ICGB, the company developing the Gas Interconnector Greece-Bulgaria project, said that following pre-selection it has invited five candidates to submit an offer for a 145 million euro ($165 million) contract for design, procurement and construction of the gas link. view more
Bulgaria's Robust Economic Growth Paves Way for Further Reforms - IMF
05 Feb 2019Bulgaria's solid economic growth, low unemployment and sizable current account surplus open the door for the country's government to push ahead with much-needed broad-based reforms, the International Monetary Fund said. view more
Bulgaria's Trace Group Hold Wraps Up Works on 2.2 Mln Euro Overpass Project
04 Feb 2019Bulgarian construction company Trace Group Hold said on Friday that it has completed the construction of a 4.3 million levs ($2.5 million/2.2 million euro) overpass in the city of Stara Zagora.
Bulgaria Completes Economic Test for 1.4 Bln Euro Turkey-Serbia Gas Transit Link
01 Feb 2019Bulgartransgaz said on Thursday that it has successfully completed the binding Phase 3 of the economic test for a 2.77 billion levs ($1.6 billion/1.4 billion euro) project for expanding Bulgaria's gas transit network from Turkey to Serbia. view more
Bulgaria's Fibank Leases Part of Steel Mill Kremikovtsi's Site to Austrian Investor
31 Jan 2019Bulgaria’s First Investment Bank said on Wednesday that it has leased a "significant part" of the site of bankrupt steel mill Kremikovtsi to a unit of Austria's Soravia Group.
World Bank to Open Second Shared Services Centre in Bulgaria
30 Jan 2019The World Bank Group said that it will establish a second shared services centre in the Bulgarian capital Sofia, which will provide back office corporate and technology support to the group’s internal business operations. view more
Foreign Tourist Arrivals to Bulgaria Increase 4% Y/Y in Dec
29 Jan 2019The number of foreign tourists visiting Bulgaria rose by an annual 4% to 619,900 in December, the National Statistical Institute (NSI) said on Monday. view more
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Bulgaria's M3 Money Supply Growth Slows Down to 8.8% at End-2018
28 Jan 2019Bulgaria's M3, the broadest gauge of money supply, increased 8.8% year-on-year to 93.3 billion levs ($54.1 billion/47.7 billion euro) at the end of 2018, compared to an annual growth of 9.3% at the end of November, the central bank, BNB, said. view more