• Bulgarian-Saudi joint venture to be registered

      Bulgarian-Saudi joint venture to be registered

      Bulgaria and Saudi Arabia are about to finalize the registration in Sofia of a joint venture for development and investment, whose incorporation meeting is forthcoming. This emerged from a meeting in Riyadh between Bulgarian Deputy Agriculture, Forestry and Food Minister Yanko Ivanov and Saudi Vice Minister of Environment, Water and Agriculture Mansour bin Hilal Al Mushaiti, the Agriculture Ministry said.

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    • Balkan Stream gas pipeline extension opened

      Balkan Stream gas pipeline extension opened

      Prime Minister Boyko Borissov and Energy Minister Temenouzhka Petkova attended here the opening of the Balkan Stream gas pipeline extension from the Bulgarian-Turkish border to the Strandja compressor station. According to Borissov, the project would allow Bulgaria to become a main gas distribution centre.

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    • Key contracts signed for Greece-Bulgaria Gas Interconnector

      Key contracts signed for Greece-Bulgaria Gas Interconnector

      Key contracts for the Greece-Bulgaria Gas Interconnector were signed Thursday at the Ministry of Energy. Both parties signed a tax regime agreement for the Interconnector project, as well as other contracts connected to key commitments and activities for the construction of the interconnector, including a loan agreement between the European Investment Bank and Bulgarian Energy Holding EAD, gas transmission agreements, etc.

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    • Outlining an industrial renaissance in Bulgaria

      Outlining an industrial renaissance in Bulgaria

      The world’s experience in software solutions applied in management and streamlining of production processes was presented at an international technological conference held last weekend in the town of Hisarya. Organised by Haycad Infotech and Dassault Systemes in association with Automotive Cluster Bulgaria, the forum attracted over 70 representatives of some of the leading Bulgarian and foreign companies.

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    • Bulgaria-US relations: new horizons

      Bulgaria-US relations: new horizons

      US businesses in Bulgaria and the Bulgarian Government outlined the priorities in economic cooperation as they met for a Business Breakfast hosted by the American Chamber of Commerce in Bulgaria (AmCham) and attended by Prime Minister Boyko Borissov. The forum is mottoed "Bulgaria - U.S. Transatlantic Relations. New Horizons".

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    • International Technical Fair brings nearly 600 companies from 34 countries to Plovdiv

      International Technical Fair brings nearly 600 companies from 34 countries to Plovdiv

      The 75th International Technical Fair brings nearly 600 companies from 34 countries to Plovdiv from September 23 to 28. The latest edition of the oldest industrial fair in Bulgaria brings many changes, such as the transfer of the traditional business forum to a digital environment, restructuring of the specialized exhibitions, and use of new formats. This year's partner country is Russia, International Fair Plovdiv said in a press release.

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    • Balkan Stream gets green light

      Balkan Stream gets green light

      Bulgartransgaz and Arkad Consortium signed on 18 September a contract for the delivery of materials, investment project design, development and putting into operation of the extended gas transmission network infrastructure from the Turkish-Bulgarian to the Bulgarian-Serbian border.

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    • Modern vocational training centre opens at TEZ

      Modern vocational training centre opens at TEZ

      “Trakia Economic Zone (TEZ) is among Bulgaria’s economic hubs; it is unique, and that is not an exaggeration,” Vice-PM Tomislav Donchev said during the unveiling of the new Vocational Training Centre in the Rakovski Industrial Zone, part of the TEZ. Donchev elaborated on why he thinks the TEZ is a unique project: “First of all, it is the sheer scale: almost 11m sq meters (about 118.403m sq ft) and over €2bn in investments since its inception 23 years ago. Some 180 companies are represented here, established names at that – electronics, manufacturing of car and aircraft components, etc.”

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    • Moody's raises Bulgaria's sovereign credit rating outlook

      Moody's raises Bulgaria's sovereign credit rating outlook

      Moody's Investors Service raised on 30 August Bulgaria's sovereign credit rating outlook to positive from stable and affirmed the debt grade at 'Baa2', citing as reasons behind the improved outlook strengthening fiscal metrics due to the Bulgarian government's prudent policymaking, and higher growth prospects from ongoing EU integration and Bulgaria's increased competitiveness.

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    • World Bank Group unveils Shared Services Centre in Sofia

      World Bank Group unveils Shared Services Centre in Sofia

      A Shared Services Centre of the World Bank Group was unveiled at the Sofia Tech Park in the Bulgarian capital on Thursday. The grand opening was attended by World Bank Managing Director and World Bank Group Chief Administrative Officer Shaolin Yang, Bulgarian Prime Minister Boyko Borissov, Finance Minister Vladislav Goranov and Sofia Mayor Yordanka Fandakova.

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