The German company Kayser Automotive will invest in a production facility for components such as piping systems, valves and tank parts in Pleven, Bulgarian Property Developments (BPD) said. The amount of the investment was not disclosed. The factory..
Retail fuel prices in Bulgaria rose by an average of 10 cents for diesel and 4 cents for petrol last month . "The prices are fully justified. They are related to what is happening on the international oil markets," said Svetoslav Benchev of the..
Bulgaria's public external debt at the end of 2023 was €10.888 billion, an increase of 22.7 per cent, or more than €2 billion, compared with the end of 2022. This is 11.6 per cent of GDP, the Bulgarian National Bank said. In December 2023, Bulgaria's..
The Bulgarian National Bank (BNB) expects the trend towards a slowdown in economic growth to stop. In the first half of 2024, the Bulgarian economy is expected to grow supported by the improved prospects for external demand for Bulgarian goods and..
After a long debate, the National Assembly decided that Kozloduy NPP- New Builds and Hyundai Engineering & Construction hold negotiations by April 15. Hyundai was shortlisted as a potential contractor for the engineering, construction and..
Bulgaria’s Parliament rejected a proposal for consideration of a draft decision for the construction of new capacities at the Kozloduy nuclear power plant. MP Delyan Dobrev, Chairman of the National Assembly Energy Committee, asked the parliament to..
The thermal power plant (TPP) ContourGlobal Maritsa East 3 - one of the two so-called American power plants - has ceased operations. The reason is the expiry of the long-term contract with the National Electricity Company for the purchase of electricity..
The demand for wine is growing rapidly in the world markets. This is according to the latest data. The reason is customers' preference for sustainable beverages. And there is a new trend in the wine sector - towards the integration of modern technologies..
A groundbreaking ceremony for a plant for the manufacture of photovoltaic panels and cells is to take place in the region of Stara Zagora by the end of this year. 15-20 hectares of land will be needed to build the plant and the investor has been..
The forecast for 2% growth of the economy is being preserved, Minister of Economy and Industry Bogdan Bogdanov said in Varna. It is expected that the level of investment interest in Bulgaria will also be kept. Of course, we take..
Ground forces military personnel destroyed an unexploded ordnance found yesterday in Vazrazhdane residential area of Sofia, the press service of the..
On Sunday the weather will be predominantly sunny, with cumulus clouds forming in the East in the afternoon though there is a slim chance of rain...
Conditions for mountain hiking are good until midday, with the exception of the Balkan Range, where there will be fog and rain, the Mountain Rescue..
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