News on Bulgaria continually updated from thousands of sources around the net.
Bulgaria's centre-right GERB party, tipped to win a snap election next month, urged the central bank to hold serious talks with investors willing to rescue Corporate Commercial Bank, which was hit by a run on deposits. GERB accused the central bank of being too slow in offering a solution for the troubled lender, the country's fourth largest.
Investors have expressed interest in the bankrupt Vratsa-based fertilizer plant Chimco AD , also known as Himko AD, and plan to announce their intentions after the early elections on October 5 , according to Kiril Petkov, former director of the plant. Speaking at a round table on the chemical industry organized by the Confederation of Independent Trade Unions in Bulgaria , Petkov said that it was "absolutely possible" and "economically viable" to restart a relatively new production capacity launched in 1983 for ammonia and the nitrogen fertilizer urea.
German automotive components manufacturer Behr-Hella Thermocontrol is set to launch a new 22 million euro vehicle air conditioning systems plant in Bulgaria this month. The Lippstadt, Germany-based company has been constructing its new 70,000-square-meter facility in the Bozhurishte Economic Zone close to the Bulgarian capital Sofia.
Delegates to the 43rd International Transport Workers' Federation Congress, conducted in Sofia, Bulgaria, August 10-16 took to heart the gathering's slogan of "From Global Crisis to Global Justice: Transport Workers Fighting Back!" Tackling issues ranging from maritime piracy to the longstanding flag-of-convenience campaign to demanding fairness in ... (more)
The financial position of Bulgaria's National Electricity Company is worsening and its debt already exceeds BGN 3.1 B, caretaker Energy Minister Vasil Shtonov has said.
A threat to Movement for Rights and Freedoms leader Lyutvi Mestan emerged during the term of the former legislature, the National Service for Protection said.
Bulgarian police have intercepted an international drug trafficking ring, seizing a shipment of 46kg of heroin worth BGN 5.7M.
Temenuzhka Yankova has been appointed Deputy Executive Director of Bulgaria's National Revenue Agency through an order of caretaker Finance Minister Rumen Porozhanov.
Royal IHC is constructing the first vessel in its range of competitively priced standard trailing suction hopper dredgers .
Pipes for the construction of the underwater section of South Stream pipeline lie at Bulgaria's port of Varna August 25, 2014.
Updated: Sat Sep 13, 2014 11:44 pm
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