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Bulgaria's Velina board endorses Tomov Development buyout offer
16 Oct 2019The board of directors of Bulgarian hotel operator Velina said on Tuesday that it finds the 8.40 levs ($4.74/4.29 euro) per share price offered by local Tomov Development in a buyout bid for the remaining 5.45% stake it does not currently own a fair price to minority shareholders. view more
Japan's Ricoh wraps up acquisition of Bulgaria-active DocuWare
16 Oct 2019Japanese electronics company Ricoh has completed the acquisition of Germany-based document management and workflow automation solutions provider DocuWare, which holds a stake in software developer Nemetschek Bulgaria, the Bulgarian company said on Tuesday. view more
FM Dendias welcomes EU Foreign Council's condemnation of Turkey's 'illegal activities'
15 Oct 2019The EU addressed Turkey's behavior "clearly", Greek Foreign Affairs Minister Nikos Dendias said on Monday, following the EU Foreign Affairs Council meeting in Luxembourg.
FinMin Staikouras to meet Georgiades, Anastasiades in Cyprus
15 Oct 2019Finance Minister Christos Staikouras will speak on Monday, at the European University of Cyprus.
Bulgaria's Overgas to invest 40 mln euro in new gas pipelines in 2020-2024
15 Oct 2019Bulgarian gas supplier Overgas said on Monday that it is planning to invest over 79 million levs ($44.5 million/40.4 million euro) in the construction of some 398 kilometres of gas distribution pipelines over the period 2020-2024. view more
Bulgaria's annual inflation slows down to 2.3% in Sept
15 Oct 2019Bulgaria's consumer prices rose by 2.3% year-on-year in September, after increasing by 2.9% in August, the National Statistical Institute (NSI) said on Monday. view more
Pavlopoulos: No hesitation or negligence permissible when defending democracy and peace
14 Oct 2019Neither hesitation nor negligence are permissible when it comes to defending peace and democracy by defending the implementation of international law and European legality, President of the Hellenic Republic Prokopios Pavlopoulos said on Sunday in the coastal town of Nafpaktos. view more
Government plan to boost manufacturing in Attica through industrial/business parks
14 Oct 2019The government is moving toward a lifting of current restrictions that prevent the foundation of new industrial and manufacturing plants in Attica, where it hopes to increase the number of industrial and business parks that offer businesses greater privileges and facilities.
Financial regulator OKs Groupama Bulgarian unit buy of Express Life Insurance
14 Oct 2019Bulgaria's Financial Supervision Commission said that it has granted approval to Groupama Zhivotozastrahovane, a unit of France's Groupama Group, to acquire 100% of local Express Life Insurance. view more
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EC urges Bulgaria to comply with EU's cybercrime rules
14 Oct 2019The European Commission said that it has sent a letter of formal notice to Bulgaria, urging the country to bring its legislation in line with the EU directive on protection against cybercrime.