Insolvent Bulgarian company Elpina Foods has put up chicken farms for sale to pay off debts to First Investment Bank (FIB), the Bulgarian Chamber of Private Enforcement Agents in Burgas said on its website. Elpina is co-owned by companies owned by in...
Bourgas Municipality has found violations of the Law on Territorial Planning of 4 operators of telecommunications and Internet networks. Offenders are Com Net Ltd, Bourgasnet Ltd., Global Net Technologies Ltd. and Scat TV Ltd. Operators have started th...
Bulgaria`s first IKEA store will be opened in Sofia in the last quarter of 2011, announced George Alevizos, Finance Manage of the Greek group of companies Fourlis. Alevizos said the economic crisis has not delayed the opening of the IKEA stores in Bulgar...
The company Carlsberg Bulgaria currently ranks second on the Bulgarian beer market, after Zagorka JSC, and ahead of Kamenitza JSC. The results were reported by the company`s CEO, Aleksander Grancharov. Carlsberg Bulgaria now has 30% of beer market in the c...
This is "the most" project more than any other in Bulgaria - the biggest mall in terms of renting space, the biggest Carrefour hypermarket, the tallest office tower in Bulgaria, the biggest office lease transaction as well as the major building site in ...
Global plastic pipes and fitting maker Pipelife will cut the ribbon in May on a manufacturing facility in Botevgrad , near Sofia , said Alex Hairabedian, executive director of the company`s local unit. The project, where building works commence...
Enel Green Power, renewable energy arm of Italy`s biggest utility Enel, put into operation its second wind farm in Bulgaria, doubling its installed wind capacity in the country, which already totals 42 MW. The new wind farm, located in the municipality of...
French company Saint-Gobain Weber started Wednesday the construction of its second factory in Bulgaria. The ground-breaking ceremony for the factory located near Izvorsko village , Aksakovo Municipality , close to Varna , was attended by Bulgaria`s Regi...
A new distiller will be launched at the Deven thermal power station, a unit of Belgian-owned Solvay Sodi, the company announced. The new installation is part of a BGN 150 M project, which aims to increase the production capacity of the soda ash maker. T...
US manufacturer of avionics and other aerospace products Honeywell is opening a regional customer center in Bulgaria`s Sofia Airport Center, a project of Tishman International and GE Real Estate. Honeywell is a Fortune 100 company that invents and manu...
Bulgaria`s Financial Supervision Commission (FSC) has blocked access to the local stock market by Sofia -based renewable energy company Energoni. The move comes just four months after the watchdog gave the green light to its prospectus, thus allowing it t...
The Bulgarian Alfa Finance Holding sold the majority share package of 58% of the Plovdiv airport to the Danish Nordic Airport Infrastructure ApS. The news was reported Friday by the company`s` press office, saying Alfa Finance Holding had decided to fo...
From 14 to 16 April 2010 Sofia hosts the 6th International Congress on Energy Efficiency (EE) & Renewable Energy Sources (RES) for South-East Europe. The EE & RES Congress & Exhibition focus every year on one of the most advanced countries ...
Bulgaria`s Plovdiv -based cosmetics maker Alen Mak will avoid insolvency procedure, the district court of the southern city ruled. In February, pension insurer Doverie filed a claim over overdue payments by Alen Mak on two bond issues. The ruling can be...
Bulgarian brewer Ledenika ( Mezdra ) will be able to bottle produced quantities if it pays BGN 120,000 in excise duties, the Customs Agency said. The company was stripped of its beer production licence by the customs authorities at the end of February afte...
Vinaria 2010 Exhibition opened yesterday and a favourite has emerged. Rose Syrah 2009 by Villa Lyubimets which won a gold medal at the prestigious French wine competition Vinalies International has won the hearts of visitors in Plovdiv . "It is vinta...
Rose Syrah of the Villa Lyubimets winery grabbed gold at the Vinalie Internationale expo in Paris. The awarded wine is vintage 2009, said company`s chief technologist Katia Gergova. The fact that the wine was awarded in France, the country of origin fo...
Three new malls will open doors in Sofia within a month. Tomorrow, the ribbon will be cut at the huge Sofia Outlet Center where 70 world known companies will sell their goods at a 30- to 70 percent discount. In eleven days shopping maniacs will sto...
Wind Park Suvorovo is Bulgaria`s second large-scale wind park, again in the Varna region . It is a EUR 82 million project - EUR 60 million of it will come in the form a syndicated loan from the European Bank for Reconstruction and Development (EBRD). Th...
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