• Bulgaria's total exports increase by 19%, imports by 23%

      Bulgaria's total exports increase by 19%, imports by 23%

      In the period January - May 2021, goods worth a total of BGN 26,355.3m were exported from Bulgaria, which is 19.4% more than in the same period of 2020, according to preliminary data from the National Statistical Institute. In May 2021 the total exports of goods amounted to BGN 5,084.7m and increased by 32.3% compared to the same month of the previous year.

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    • German company to make e-cars in Bulgaria

      German company to make e-cars in Bulgaria

      I am extremely proud that a German maker of electric cars of the future will base its main production in Bulgaria. This sentiment was shared by Minister of Economy Kiril Petkov, who, this Saturday, signed with Next.e.GO Mobile SE the paperwork finalising a procedure to launch the company’s investment project in Bulgaria.

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    • 602 foreign companies interested to invest in Bulgaria

      602 foreign companies interested to invest in Bulgaria

      In the span of five weeks, 602 foreign companies sent letters about intended investments in Bulgaria, caretaker Economy Minister Kiril Petkov told a briefing on Tuesday during which he reported on the results of a competition to this end among the economic advisors of Bulgarian services for trade and economic issues abroad.

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    • Aurubis builds photovoltaic power station in Bulgaria

      Aurubis builds photovoltaic power station in Bulgaria

      Economy Minister Kiril Petkov (not pictured) on Thursday attended a groundbreaking ceremony for the construction of a photovoltaic power station, Aurubis-1, in Zlatitsa. The station will have a capacity of 10 MWh, will generate 11 MWh annually and will be the largest station for own needs in Bulgaria.

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    • New government programme to support businesses

      New government programme to support businesses

      Under a new programme, called Vazrazhdane (Revival), the government is making BGN 2.5bn in capital available to corporate beneficiaries, Finance Minister Asen Vassilev told journalists on Tuesday, presenting the new facility together with Economy Minister Kiril Petkov.

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    • Wizz Air with base in Burgas and new destinations

      Wizz Air with base in Burgas and new destinations

      The low-cost airline Wizz Air has opened its first base in Burgas, which is its third in the country. The company will base one Airbus A320 at the Burgas Airport on a seasonal basis - for the months between June and September 2021. By establishing this new base, Wizz Air now operates flights to 16 destinations from the Black Sea city, 10 of which are new and will become operational this month. Tickets are already available.

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    • Wizz Air to fly between Burgas and Kiev

      Wizz Air to fly between Burgas and Kiev

      The Bulgarian government has designated Wizz Air Hungary Ltd as air carrier to operate on the international airline route Burgas-Kiev-Burgas, announced the press service of the Council of Ministers, quoted by the Bulgarian News Agency.

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    • Vivacom buys landline-based providers Net1, ComNet Sofia, N3

      Vivacom buys landline-based providers Net1, ComNet Sofia, N3

      Vivacom has finalised a series of deals to acquire 100% of the capital of landline-based internet and TV providers Net1, ComNet Sofia and N3 after securing approval from the relevant regulators. The acquisitions are part of the strategy of the company - now part of United Group, a leading telecommunications and media operator in Southeastern Europe - to expand its network of landline services for homes and businesses.

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    • Bulgarian investor builds smart plant near Plovdiv

      Bulgarian investor builds smart plant near Plovdiv

      The construction of BGN 40 million production plant for aluminium profiles, the largest on the Balkans, has started in Trakia Economic Zone. Minister of Economy Lachezar Borisov presented a Class A investment certificate to Zdravko Linkin, chairman of the board of directors of Interlink Group AD. This happened on 31 March at the turning of the first sod of a high-tech plant for aluminium profiles in Maritsa Industrial Zone, which is part of Trakia Economic Zone.

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