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News Guide Bulgaria Economics and Business
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Digest of Bulgarian Economics and Business news by region, districts, municipalities, towns and villages
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Trun: The region of Tran - the Bulgarian Klondike
The Canadian company EurOmax Resources Ltd., which holds concessions for exploration and extraction of precious metals near the town of Tran , has officially announced that the results of its drilling are encouraging. At least seven fields with gold and s...
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Shishmantsi: Italy's Urmet Group invests EUR 6.5 M in solar park near village of Shishmantsi
Italy`s Urmet Group will invest EUR 6.5 M in the first major solar park near the southern Bulgarian village of Shishmantsi , Plovdiv dsitrict . The facility will have a capacity of 3 MW. The solar park occupies a territory of 57 decares on the site of ...
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Chiren: The BG natural gas storage facility in Chiren will be expanded
Bulgaria`s only natural gas storage facility in Chiren will be expanded to reach its maximum capacity, announced Kiril Temelkov, head of the state-owned company Bulgartransgaz. Thus, the Chiren storage site will reach its maximum capacity of 1 billion cu...
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Kazanluk: Kazanlak-based pharmaceutical company Bulgarian Rose Sevtopolis JSC builds new facilities
Kazanlak -based pharmaceutical company Bulgarian Rose Sevtopolis JSC is starting the construction of new facilities. According to estimates the investment will reach about BGN 10 million. Construction works are planned to start within a few months. The ...
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Italian Moncada Energy Group plans to launch into operation a 16 megawatts-peak photovoltaic power plant in Bulgaria
Italian developer of wind, solar and biomass energy projects Moncada Energy Group said it plans to launch into operation by June a 16 megawatts-peak photovoltaic power plant in Bulgaria. Bulgarian lender UniCredit Bulbank has provided 28.8 million euro...
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Devnya: Large energy companies interested in probing gas deposits in Bulgaria
" The largest companies in the energy production market have shown interest in the procedure for probing the gas deposits in Khan Krum block in the Black Sea. By now Exxon, OMV, Melrose Resources have stated their interest ," Bulgaria`s Minister of Economy...
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Karadjalovo: US SunEdison built near village of Karadzhalovo the biggest solar park on the Balkans
American company SunEdison built the biggest operational solar park in Bulgaria near the town of Parvomay . This is the biggest solar park on the Balkans and over BGN 350 million were invested in it. It is situated in the village of Karadzhalovo in the ...
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Sliven: Yazaki acquires Sliven-based factory Miroglio
Manufacturer of cables Yazaki will buy the factory of Miroglio in Sliven . Thus Yazaki Bulgaria expands its activities in the country. The factory has a total floor area of 13,000 square meters and a plot of 36,000 square meters in the industrial zone of ...
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Balchik: DIV Wind OOD will build about 74 wind turbines in Bulgaria
DIV Wind OOD, co-owned by India`s Suzlon Wind Energy Ltd. (SUEL) and Volkswind GmbH, is planning to build about 74 wind turbines in Bulgaria. The wind project near Balchik in northeastern Bulgaria will be at least 150 megawatts in capacity depending on...
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Varna: bauMax opens new hypermarkets in Varna and Ruse
Austrian do-it-yourself chain bauMax said on Tuesday it opened two hypermarkets in Bulgaria - one in the port city of Varna and the other one in Ruse , on the Danube. The company invested around 10 million euro in each store, bauMax said in a statement....
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Property & Economics 
