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The largest flow of investments to Bulgaria is from the Netherlands, outflow is to Russia

The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show.  According to them, the..

published on 9/20/24 6:03 PM

Bulgaria to ask EU to suspend egg imports from Ukraine

Bulgaria will request the suspension of egg imports from Ukraine at the upcoming Agriculture and Fisheries Council meeting  in Brussels  on September 23, caretaker Minister of Agriculture and Food Minister Georgi Tahov said at a meeting with farmers..

published on 9/20/24 10:31 AM

Business consumers to be compensated for high energy costs

All non-household consumers will be compensated for the high cost of electricity by the end of the year, the government has decided.  The European Commission has given the green light for the subsidy, the energy minister said. According to..

published on 9/18/24 3:06 PM

Romania launches feasibility study for the construction of a second bridge over the Danube River between Giurgiu and Ruse

The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..

published on 9/17/24 10:05 AM
The Sumitomo Electric Bordnetze factoriy in Mezdra, Bulgaria.

Japanese cable factory moves production out of Bulgaria, citing high costs

Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..

published on 9/15/24 5:00 PM
Petko Nikolov, minister of economy, visits state dairy LB Bulgaricum.

State dairy company LB Bulgaricum starts modernisation of its plant in Vidin

State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..

published on 9/15/24 9:05 AM
Bulgarian Development Bank

Minister of Innovation proposes that civil servants should be provided with loans by BDB

The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of ​​the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that..

published on 9/14/24 2:36 PM

Bulgarian protein bar maker expands operations

Bulgarian protein bar manufacturer Healthy Bars is planning to build a new factory in the capital's Vrabnitsa district. The Regional Inspectorate for Environment and Water has already been notified of the intention, and the company has announced that..

published on 9/14/24 9:35 AM

BNB tightens criteria for granting mortgage loans

As of October 1, the BNB has tightened the criteria for banks when granting mortgage loans. The central bank's decision comes after an analysis that shows significant credit growth in the segment and its acceleration in the second quarter of the year...

published on 9/11/24 6:01 PM
Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Bulgaria H.E. Ms. Dai Qingli

H.E. Ms. Dai Qingli: Bulgaria and China have practical cooperation which we are hoping to deepen

Bulgaria and China established diplomatic relations 75 years ago – in 1949. A year later, the People’s Republic of China and the People’s Republic of Bulgaria, as this country was then called, exchanged ambassadors, developing full-scale relations –..

published on 9/11/24 1:09 PM