Second electricity distributor files arbitration claim against Bulgaria
Czech-owned Energo-Pro became the second electricity distribution firm to file an arbitration claim against Bulgaria with the World Bank’s arbitration
Read more
Business
Bulgarian competition regulator allows Vivacom to buy former subsidiary
Bulgaria’s Commission for Protection of Competition (CPC) has allowed telecom carrier Vivacom to purchase infrastructure company Nurts, a former subsidiary
Read more
Bulgarian firms hired 645 foreigners from non-EU countries in 2014 – employment agency
Bulgarian firms, facing a skills shortage in areas like IT, engineering and even sport, hired 645 foreigners from 45 countries
Read more
Increase in tax evasion by real estate agencies and brokers, Bulgaria’s revenue agency says
There has been an increase in tip-offs by customers of real estate businesses in recent months about irregularities, Bulgaria’s National
Read more
CEE banking sector more profitable than in Western Europe – UniCredit
Banks in the central and eastern European (CEE) region are still more profitable than those in western Europe, a study
Read more
Last foreign player pulls out of Polish shale gas
US energy company ConocoPhillips has said it is stopping exploration for shale gas in Poland amid unsatisfactory results, the last
Read more
Bulgarian national charged by SEC for stock market fraud in US
A Bulgarian national identified as Nedko Nedev has been accused by the Securities and Exchange Commission (SEC), the US stock
Read more
FDI in Bulgaria exceeding remittances – Economy Minister
Investments in Bulgaria are exceeding remittances sent by Bulgarians abroad, Economy Minister Bozhidar Lukarski said on June 4. Speaking in
Read more
Bulgaria and Serbia agree to accelerate work on gas interconnector plan
Bulgaria and Serbia have undertaken to work faster on building gas interconnectors, Bulgaria’s Economy Ministry said at the close of
Read more