All posts in Business

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November 24, 2014, by The Sofia Globe staff

Bulgaria is on the verge of an “epidemic” of a theft of companies because of shortcomings in the Commercial Register Act, lawyers say, according to a report by bTV on […]

Tsvetan Vassilev photo from his personal website,

Shareholder in Bulgaria’s CCB appeals against licence loss

November 20, 2014, by The Sofia Globe staff

Sofia City Court said on November 20 that suspended the insolvency proceedings concerning the Corporate Commercial Bank (CCB), following an appeal aga ...

lukarski economy ministry

Bulgarian Economy Minister pledges reduction of red tape burden on business

November 20, 2014, by The Sofia Globe staff

Bozhidar Lukarski, Economy Minister in the Bulgarian cabinet that took office two weeks ago, says that the governnent in working to improve the countr ...

cruise ship in Varna Bulgaria

Bulgarians set record in early bookings for cruises in early 2015 – industry

November 20, 2014, by The Sofia Globe staff

The cruise ship industry in Bulgaria has reported a record number of early bookings for 2015, according to the Bulgarian Cruise Society, an industry a ...

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    Moodys upgrades Bank of Cyprus’ deposit ratings
    November 19, 2014, by Independent Balkan News Agency

    Moodys Ratings agency on Monday upgraded Bank of Cyprus’ (BoC) long-term deposit ratings to Caa3 from Ca with stable outlook, warning however that the lender still faced immense challenges. Moody’s […]

  • Photo: Sanja Gjenero
    FDI in Bulgaria in January-September was 1.1B euro
    November 17, 2014, by Independent Balkan News Agency

    Foreign direct investment in Bulgaria in the first nine months of 2014 stood at 1.1 billion euro, the equivalent of 2.7 per cent of the gross domestic product (GDP), the […]

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    Orbis to take over Accor’s operations in Central Europe
    November 17, 2014, by The Warsaw Voice

    Poland’s largest hotel operator Orbis Group has been cleared by its supervisory board to purchase the 46 existing and planned hotels in Central Europe from its strategic partner Accor in […]

  • Photo: svilen001/
    Bulgaria annual deflation slows down to 0.4% in October
    November 12, 2014, by The Sofia Globe staff

    Bulgaria’s consumer price index (CPI) rose by 0.9 per cent in October, the highest monthly increase in two years, pushing the annual deflation figure at the end of the month […]