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16-08-2017 - Bulgaria's Terminali gets 27-yr concession for Plovdiv intermodal terminalLINK

SOFIA (Bulgaria), August 16 (SeeNews) – Bulgaria’s government said on Wednesday it has granted a 27-year concession contract for the operation of an intermodal terminal in the country's second largest city of Plovdiv to local company Terminali. Under the signed contract, Terminali must invest at least 15.1 million levs ($9.0 million/7.7 million euro) in the intermodal terminal, 2.2 million levs of which during the first two years, the government said in a bourse filing. It will also pay an annual fixed concession fee of 60,000 levs plus at least 10% of the terminal's net revenues. Terminali will also pay a one-time concession fee of 5,000 levs. The construction of the intermodal terminal cost 13.94 million levs and took about two and a half years to complete, according to data published on the website of Trace Group Hold, the local company which had built the facility. The project was financed with EU funds and the Bulgarian government budget. Plovdiv-registered Terminali is owned by PIMK Holding Group, which is majority owner of local transport and logistics company PIMK.

29-05-2017 - One offer for participation in the concession procedure of Intermodal Terminal - Plovdiv was submittedLINK

The received offers for participation in the open procedure for concession of "Intermodal Terminal in the South Central Planning Region in Bulgaria - Plovdiv" were opened in the presence of the Minister of Transport, Information Technology and Communications Ivaylo Moskovski. A proposal for participation from “Terminali” EAD was received.

The prospective operator will have the obligation to finance the maintenance, management and modernization of the site for a period of 27 years. The participant designated as a concessionaire must invest in the terminal at least BGN 4 687 600 without VAT for the entire period of the concession. Apart from this, the minimum fixed concession payment to the state is BGN 50 000 per year, as the amount will be indexed every three years according to the reported inflation. Once the concession contract entering to force, the participant will be obliged to make an additional one-time concession payment of BGN 5,000 without VAT, as well as to pay a percentage of the annual net incomes, which should not be less than 10%.

The estimated revenues for the state for the entire period of the concession are BGN 1 255 000 without VAT. The amount includes the minimum amount of the fixed annual concession payment (BGN 50 000 without VAT) and the one-time concession payment. The amount of the variable part of the annual concession payments is not included as they are of a prediction nature and depend on the financial results of the concessionaire for the respective year.

Intermodal terminal – Plovdiv is funded by OP Transport 2007-2013 and national co-funding. The site has a great strategic and economic significance in regional, national and European-wide aspects. The main purpose of the project is to achieve an improvement of the intermodality in the Southeast region of the European Union by creating conditions for optimal interaction and integration of the different modes of transport.

30-03-2017 - Minister Alexiev: By the mid of the year the whole railway line Septemvri-Burgas is to be completedLINK

I expect the rehabilitation of the last section from Septemvri to Stambolyiski to be completed by the mid of the year, by which the whole railway Septemvri-Burgas will be completed. That stated the Minister of Transport, Information Technology and Communications Hristo Alexiev during the inauguration of the renewed Stambolyiski-Plovdiv railway line and the newly constructed Intermodal Terminal- Plovdiv.

Minister Alexiev announced that there has been invested 630 million BGN under Operational Programme on Transport 2007-2013 for the modernization of the direction from Septemvri to Plovdiv. “By the mid of the year the renewed railway line from Septemvri to Burgas will allow traffic of passenger trains with speed to 160 km/h“, said the Minister. Under his words, the distance from Septemvri to Burgas would be passed for under 3 hours, and thus the time would be halved. The Minister added, he expected by 2022 to be completely finalized the railway artery, which connects Serbia through Bulgaria to Greece and Turkey and through the port of Burgas to the Middle East.

Hristo Alexiev explained that the new railway lines are electrified and equipped with modern ERTMS systems, which are compatible all over Europe and ensure the highest level of safety. “In parallel to the infrastructure, we also renew the railway stations along the new alignments in order to ensure a better comfort to the passengers“, clarified the Minister.

“Plovdiv is a crossroad between two European corridors and a crossing point of two road and railway arteries. That is the reason namely here to be constructed the first intermodal terminal, constructed with European funds”, stated the Minister Alexiev, and added that the site has already received Act 16.

Moreover the Minister recalled that in parallel to the construction of the terminal, there has been launched a procedure for its granting to a concession. “The performed studies show that is more appropriate a private operator to manage such a logistic center”, specified the Minister. Hristo Alexiev added that due to appeals, at the present stage, the procedure has been suspended and its second launch is to start. Under his words, after the realization of the transport projects in the region of Plovdiv during the recent years, it already has all the preconditions to become a logistic center for business and commerce.

02-11-2016 - Bulgaria opens concession tender for Plovdiv intermodal terminalLINK

Bulgaria's government said on Wednesday it decided to open a tender for a concession contract for the operation of an intermodal terminal in the country's second largest city of Plovdiv.
The concession will be granted for a period of 27 years, the government press office said in a statement.
The terminal should be fully operational by early December, the transport ministry said last week.
Its construction totalled 13.94 million levs ($7.9 million/7.12 million euro) and took about two and a half years, according to data published on the website of Trace Group Hold, the local company which carried out the construction works. The project was funded by the EU and the state budget.

08-09-2015 - Bulgaria's Transport Ministry seeks contractor for concession analysesLINK

Bulgaria's Ministry of Transport, Information Technology and Communications seeks a contractor to prepare concession analyses (technical, financial, legal and environmental analysis) for granting concessions "Intermodal Terminal in South Central Planning Region in Bulgaria - Plovdiv".Bids are received till September 7, 2015 and will be opened on 8 September at 10:30. The second part of the work of the consultant is to prepare a draft justification of the concession, the concession contract, documentation for participation in the open procedure and the decision to initiate the procedure. Intermodal terminal near Plovdiv, the first constructed in the country with public funds, will be ready in early 2016. The first sod was made this year.National Railway Infrastructure Company concluded this year a series of contracts for the preparation of railway projects. One of them is railway junction "Plovdiv". The investment in the site, according to the designers Transgeo, amounts to about BGN 321 million without VAT reports American Chamber fo Commerce, Bulgaria

19-06-2015 - The construction of the intermodal terminal in Plovdiv startedLINK

Official start of construction works for building the intermodal terminal in the South Central region was given at the railway station "Kableshkov" in the village Zlatitrap.

The total project cost amounts to over 10.3 million BGN without VAT and includes the cost of the overall preparation and construction of the terminal.

Over an area of 71 450 m? will be built a platform for loading and unloading containers from wagon to car and vice versa, platform for the storage of containers, area for damaged containers and equipment, special places for refrigerated cargo units, administration building for customer service , areas for customs control and customs warehouse service, area for the mobile terminal equipment, parking for cars and trucks and checkpoint.

It is expected the project to to start functioning in the beginning of 2016.

20-05-2015 - Bulgaria economy minister to open new plant of Behr-Hella ThermocontrolLINK

Sofia. Bulgarian Minister of Economy Bozhidar Lukarski will open a new plant of German Behr-Hella Thermocontrol company at the Bozhurishte industrial zone in the Bulgarian capital city Sofia. The official opening ceremony will take place at 10:45 a.m., the press office of the ministry announced.
The investment of the company is for greenfield construction of a high-tech production and development centre for the management, use and regulation of automobile air conditioning and heating systems, as well as elements for the management of engine cooling systems.
Behr-Hella Thermocontrol services world brands like Mercedes, BMW, Volkswagen, Scania, Volvo, Skoda, Seat. The new jobs that will be opened with the realisation of the investment will reach 330 by the end of 2016.

19-05-2015 - Plovdiv Now Officially Proclaimed European Capital of CultureLINK

The title European Capital of Culture has officially been awarded to Plovdiv Tuesday.

The second biggest Bulgarian city will be sharing the title with the Italian city of Matera.

'' This title is a true recognition for Plovdiv and gives a chance to Bulgaria to come forward and become more noticeable on the European map,'' said Ivan Totev, Mayor of Plovdiv.

The official announcement was made at the meeting of the Council of Ministers of the EU, held in Brussels Tuesday.

Plovdiv was recognized for its realistic budget, original projects, as well as exceptionally strong artistic program. The jury, consisting of 13 foreign and local professionals, was highly impressed by the great ideas, positive outlook and the fast pace of project development. Sofia, Varna and Veliko Tarnovo also competed for the prestigious title in 2014.

Meanwhile, the municipality of Plovdiv is in the process of preparing a celebration ceremony set to take place on May 23. A day prior to that the emblematic tourist attraction in town - The Singing Fountains will also be re-opened.

Plovdiv largely impressed the jury not only with its cultural heritage and artistic endeavors, but also with the project ''Together''. It is set on uniting people of various backgrounds, generations and ethnic origins so that they can all contribute to the cultural development of the city.

Additionally, another long-standing cultural project has already been launched. ''Kapana - neighborhood of art industries'' is a project that is set on attracting arts and crafts enterprises in the center of town. The ambitious plan involves restoration, preservation and further explore the emblematic for the history of the town location.

A number of events will be taking place this year as a part of the cultural program in town - Opera Open to be held in the Ancient Theater ( June 19 - July 22), One Design Week ( 19-28 June), International Folklore Festival ( August 3-8), Street Masters 9 June 24-27), Plovdiv Reads ( June 8-14), Plovdiv Dances (June 6), International festival of Chamber Music (June 10-22), Film Nights in Filipopolis ( July 1-30), Theater Panorama of Comedy (June 3 - September 30) and many more.

19-05-2015 - InvestBulgaria Agency Head Brags about 3.5-Fold Rise in FDI in Q1, 2015LINK

In the first quarter of 2015 Bulgaria registered a 3.5-fold increase in foreign direct investment, according to Stamen Yanev, Executive Director of the InvestBulgaria Agency (IBA).

In a Tuesday interview for the Bulgarian National Television, Yanev said that in Q1, 2015 FDI stood at EUR 317.3 M, or 0.7% of the GDP, compared to a rate of EUR 89 M in the period January-March 2014.

He noted that March 2015 had fetched an increase in investment by EUR 52.8 M.

Yanev, as cited by the press office of the IBA, made clear that investors who were expected to bring investments of over BGN 400 M and create around 300 jobs over the next 2-3 years were about to be awarded certificates.

He added that in Q1, 2015 GDP growth amounted to 2%, adding that this was a sign that the business climate was improving.

Yanev reminded that Bulgaria was to receive BGN 2.8 B under the operational program Innovations and Competitiveness 2014-2020.

The Executive Director of the IBA informed that the agency was organizing a forum on May 28 in Sofia that would bring together all large-scale investors in Bulgaria over the past 10 years.

14-05-2015 - Unemployment Rate in Bulgaria Dropped to 10.7 % in AprilLINK

According to the latest figures of the National Employment Agency, which were released on Thursday, the unemployment rate in Bulgaria in April stood at 10.7 %.

This was a decrease of 0.3 % compared to March and a drop of 1.1 % compared to the same month in 2014.

The number of registered unemployed persons in Bulgaria stood at 350 318 in April, which was a decrease of 11 193 people compared to March.

Compared to the same month in 2014, the drop was even more marked, as the number of unemployed people decreased with 36 307.

The unemployed people getting a job in April, amounted to 27 102, which was an increase of 6 377 compared to March.

The vacancies in the real economy amounted to 20 671 in April, which was an increase of 901 compared to March and a growth of 2260 compared to April 2014.

Seasonal sectors, such as process manufacturing, hotels and restaurants, commerce, agriculture, forestry and fishery, construction, transport, storage and postal services, offered the highest number of vacancies.

The largest increases in the number of vacancies were registered in hotels and restaurants, process manufacturing and construction.

17-04-2015 - Minister Moskovski inspects the construction of the railway line in Septemvri - PlovdivLINK

The traction substation in the town of Preslav will be completed by the end of June. It is part of the modernization project of the railway section Septemvri - Plovdiv. This was confirmed by the contractors during a meeting with the Minister of Transport, Information Technology and Communications Ivaylo Moskovski. The Minister continues the inspection s of the railway projects are being implemented with EU funds.

Minister Moskovski checked the construction works along all the lines of the project. He visited the railway stations in Kadievo, Ognyanovo and Pazardzhik and the adjacent railway infrastructure. The Minister asked the contractors for full mobilization during the active construction season and was adamant that he will not tolerate delays in deadlines or poor performance. Ivaylo Moskovski also visited the railway stations at Kazichene and Poduyane where now GSM-R towers are under construction. They are part of the telecommunication network that is being developed under the same project.

Minister Moskovski inspected the area near the railway station of Kableshkov where construction of Plovdiv Intermodal Terminal is to start. During the meeting with the project manager, the Minister committed to assist with the swift obtaining of the necessary permits. Immediately upon their receipt the construction of the terminal will be launched.

The project "Modernization of railway station Septemvri - Plovdiv, part of the Trans-European railway network" is worth more than 630 million levs. It is funded under the Operational Program "Transport" 2007-2013 and is divided into four Lots. Lot 1, which covers the route Septemvri - Pazardzhik has been completed at 40%. The progress on Lot 2 Pazardzhik - Stamboliyski is 28%, and Lot 3 Stambolijski - Plovdiv - 58%. The implementation of Lot 4, which includes the construction of signaling systems in the region from Plovdiv to Septemvri and telecommunication systems along the route from Sofia to Plovdiv, is at 47%.

13-04-2015 - Turkish Stream, South Stream Costs Comparable, Energy Official SaysLINK

The cost of the future Turkish Stream gas pipeline project is comparable to the cost of the abandoned South Stream project, according to Gurkan Kumbaroglu, President-Elect of the International Association for Energy Economics (IAEE).

"We have not yet finished all the calculations. I think the cost is comparable to the cost of the South Stream project," Kumbaroglu said at the Valdai Club conference on European energy security in Berlin on Monday.

The cost of the South Stream project, designed to carry Russian natural gas under the Black Sea to Bulgaria and further west to Europe, was estimated at EUR 15.5 B.

Announcing the project’s suspension in December 2014, Russian gas giant Gazprom said it would build a pipeline from Russia under the Black Sea to Turkey instead that will be able to deliver gas to Europe via a distribution centre at Turkey’s border with Greece.

According to Kumbaroglu, the Turkish Stream is a more practical project compared to the concept of the South Stream project from an economic point of view.

"Turkish Stream is beneficial for all parties - the EU, Turkey, and Russia," Kumbaroglu said.

The so-called Valdai Club, named for the lake on the shores of which its first meeting was held, is a gathering of Western and Russian analysts, journalists and officials, some of whom are critical of the Kremlin.

IAEE is a United States-based worldwide non-profit professional organization.

Meanwhile, Russia's Ambassador to the EU, Vladimir Chizhov, said on the sidelines of the conference that the European Commission should have no formal reasons to object to the construction of Turkish Stream but is interested in maintaining the transit of Russian gas via Ukraine’s territory for political reasons.

“I hope the European Commission won’t politicize this subject and we could be able to cooperate on the project,” Chizhov said.

Speaking at the conference, Gazprom CEO Alexey Miller said the Russian company with work in compliance with the EU’s so-called Third Energy Package in building the infrastructure of Turkish Stream.

The regulation bans gas suppliers from owning the pipeline infrastructure, aiming to increase competitiveness. The European Commission cited Gazprom’s failure to comply with the regulation as a reason to object to the construction of South Stream on the territory of EU member Bulgaria.

"We’ll launch the [Turkish Stream] construction once we receive all permissions," Miller said, according to TASS.

He also said Gazprom has no need to discuss Turkish Stream’s leg under the Black Sea with its European partners.

Miller added the European infrastructure for accepting deliveries of Russian gas through Turkish Stream should be in place by 2019.

12-04-2015 - Bulgaria among Top 10 in EU by Transparency in Public Procurement - MinisterLINK

Bulgaria is among the top 10 in the EU by transparency in public procurement and among the top 5 by electronization of the process, according to Economy Minister Bozhidar Lukarski.

In a Saturday interview for Bulgaria On Air, Lukarski announced that a team of the Economy Ministry under the authority of Deputy Prime Minister Tomislav Donchev was working on a new Public Procurement Act.

Bulgaria’s Economy Minister, as cited by, assured that the new Public Procurement Act could be in place in the first half of the year.

Citing statistics of the Sofia-based office of the European Commission, Lukarski noted that Bulgaria was among the top 10 in the EU by transparency in public procurement and among the top 5 by electronization of the process.

Lukarski vowed that e-public procurement would be universally available in the EU by 2020.

He expressed satisfaction that the European Commission had backed the attempts of Bulgaria to boost the development of the country’s northwestern region, the poorest region in the EU.

Lukarski reminded that the EC had approved the application guidelines envisaging funding of up to 60% for medium-sized enterprises and up to 70% for small enterprises based in Bulgaria’s northwestern region, as well as the awarding of 5 extra points to projects from the area seeking EU funding.

He reminded that EC data indicated that Bulgaria’s northwestern region was the least developed in the EU because it lacked a strong regional center, which was why it was being given preferential treatment.

Lukarski said that Bulgaria’s southwestern region, which included Bulgaria’s capital, had been granted the smallest number of preferences.

He pointed out that the funding awarded to Sofia was included in the sum allocated to the area.

Bulgaria’s Economy Minister underscored that the application guidelines and criteria under operational program Innovations and Competitiveness 2014-2020 had been streamlined so as to ensure an objective and efficient evaluation process.

Lukarski stated that the operational program sought to give a boost to the launch and development of small and medium companies, adding that firms which had submitted a project under the program in the 2007-2013 period would be given a lower number of points, while entities which had participated with two or more projects would not be awarded any points.

“The idea is to allow a larger number of SMEs to access funding,” he declared, stressing that companies were supposed to use EU grants as an instrument for support for the initial stages of development of their businesses instead of relying solely on EU money.

Lukarski informed that the application process under the first axis of the operational program, “Improving Production Capacity of SMEs”, would be launched on April 20, adding that the funding allocated under that axis amounted to EUR 150 M.

He said that companies which failed to reach the goals set out in their projects would have to return 5-25% of the EU funding.

04-04-2015 - Farmers' Market for Bulgarian Products Opens in SofiaLINK

A special market selling only Bulgarian agricultural products was launched on Saturday in Sofia, a week before Orthodox Christians mark Easter.

It is located in the Ivan Vazov residential district, just by the "regular" market a few hundred meters from the South Park.

Agriculture Minister Desislava Taneva and Sofia Mayor Yordanka Fandakova attended the opening of the "Easter market" which has the goal of promoting local foods such as dairy products, honey, and spices.

Visitors will also be able to buy lamb beet and kozunak, which is a traditional Bulgarian Easter bread.

The market will be open between April 4 and April 9.

04-04-2015 - Bulgaria to Set Up 19 Visa Consular Services Across RussiaLINK

Bulgaria's Foreign Minister Daniel Mitov announced on Saturday that Sofia would take measures to eases access to Bulgaria for Russian tourists.

In his words, the move could allow "all Russian tourists who want to come to Bulgaria to do it."

Mitov's comments come as many experts and tourist industry representatives had raised their concern that tourist flow from Russia would decrease this summer due to the sanctions Europe has imposed on Moscow over the Ukraine crisis.

The Bulgarian top diplomat told Bulgaria On Air TV station that alongside Tourism Minister Nikolina Angelkova he was working to attract tourists from a host of countries including Belarus or Turkey.

He pointed to the fact that in many countries near Bulgaria, the number of tourists from Russia had declined dramatically in 2015, most notably in Greece (4 times), Egypt (by 50%) and Turkey (by a quarter).

In another interview for the Bulgarian National Radio on Saturday, however, he added that comments about an expected drop in the numbers with regard to Bulgaria is "part of the mass disinformation on the issue".

"Over 300 000 Russian citizens own properties in Bulgaria and will virtually come home bringing their families... If there is a drop in Russian tourists, it will be due to the decreased purchasing power."

In the same conversation Mitov downplayed recent reports that Russian citizens (and most notably civil servants) had been told not to travel to Bulgaria.

11-03-2015 - Bulgaria Leads in Rise in Commercial Property Sales in EU in 2014LINK

Bulgaria posted the biggest rise in sales of commercial real estate in the EU last year, a new study has shown.

According to the latest edition of Cushman & Wakefield's International Investment Atlas, commercial properties worth USD 286 M (EUR 254 M) were sold in Bulgaria last year, an increase of 226% over 2013.

The statistics cover sales of offices, hotels, industrial properties, retail centres and land designated for construction purposes

The annual study covering property markets in 62 countries in the world has been presented in Sofia by Forton International, the strategic partner of Cushman & Wakefield for Bulgaria and Macedonia.

The recovery of the commercial property market in Bulgaria had accelerated in 2014 led by a rise in demand and occupancy rate in the segments of office and industrial properties, Forton CEO Michaela Lashova commented.

This in turn led to a rise in investors’ interest in launching new projects as well as acquiring existing commercial properties that operate and generate revenues, she added.

Investment activity in the commercial property sector in Bulgaria is expected to remain high this year, depending mainly on the economic growth in the Eurozone which is the country’s biggest trade partner.

Domestic investors will remain the key driver of sales growth in Bulgaria's commercial property sector, while the share of foreign capital will increase mainly in transactions for buying land for construction purposes and launching new projects or restarting frozen developments.

16-02-2015 - Turkish Businesses to Invest in Balkan CountriesLINK

Alaattin Bayraktar, General Vice President of the Turkish Industrialists' and Businessmen's Confederation of Business Women, has vowed substantial investments in Balkan states in 2015.

Bayraktar, as cited by the Bulgarian Telegraph Agency, made clear that the investments would mostly target the sectors of energy, textile, tourism, and food industry in Bulgaria, Albania, Croatia, Macedonia, and other Balkan countries.

The Chair of the Confederation, Emine Atasoy, took part in talks with representatives from the Balkan states to discuss opportunities for facilitating Turkish investors and improving economic conditions.

According to a written statement of the Confederation, the trade relations with the Balkan countries will be carried out with the cooperation of the Turkish government.


“In occasione della “34° Fiera Nazionale della Meccanizzazione Agricola”, che si terr? a Savigliano (CN) il 13-14-15 marzo 2015, Alberto Anselmetto e l’ASSOCIAZIONE NOVAPANGEA hanno proposto agli organizzatori dell’evento, attraverso la Confartigianato di Cuneo, la realizzazione di un tavolo di incontro, all’interno del complesso fieristico, che consenta un vero e proprio B2B tra gli imprenditori italiani del settore ed imprenditori, Autorit?, Enti istituzionali ed Associazioni provenienti dalla BULGARIA, in particolare dalla regione di Plovdiv. Parteciperanno all’incontro anche alcuni imprenditori agricoli italiani che da molti anni operano con successo in Bulgaria ed il Presidente di una cooperativa bulgara di 200 agricoltori.

Si ritiene, infatti, che la regione bulgara, dove la domanda di know-how e tecnologia ? in continua crescita, presenti importanti similitudini con il territorio cuneese e che organizzare un incontro libero, dove le persone non debbano ascoltare una lunga relazione, ma possano interagire in un confronto diretto, possa essere utile sia per proporre e promuovere pi? facilmente il nostro settore agricolo, caratterizzato da una buona innovazione tecnologica, sia per conoscere, direttamente da chi opera in loco, le opportunit? offerte da quel Paese.

Alberto Anselmetto e Alessandra Campia, Presidente di Novapangea, insieme ad altri membri dell’associazione, prenderanno parte al tavolo e presenteranno progetti rivolti all’agricoltura, alla trasformazione agroalimentare e alla distribuzione dei prodotti agroalimentari e dei macchinari agricoli in Bulgaria, oltre ad essere a disposizione per fornire consulenza ed organizzare missioni d’affari in loco, qualora concrete opportunit? di business lo rendano necessario.”

Per maggiori informazioni consultare

22-01-2015 - Bulgaria Needs to Absorb 600 Million Euro under Operational Programme Transport in 2015 So As Not to Lose FundingLINK

Sofia, January 22 (BTA) - Presenting the annual report on the progress in the implementation of the Operational Programme (OP) Transport, Transport, IT and Communications Minister Ivailo Moskovski said Thursday that Bulgaria needs to absorb 600 million euro in 2015 so as not to lose funding under the OP. Moskovski said that work on absorbing the money will be a big challenge to the Ministry and the OP beneficiaries but said that every effort will be made so as not to allow any loss of funding.

The Minister noted that no loss of funding under the OP was allowed in 2014, although there was one critical moment. Moskovski said that the entire available funding under the OP has been contracted. Paid out funding exceeds 1,500 million euro, or 71-72 per cent of the OP. Nearly 1,100 million euro have already be reimbursed to the national budget by Brussels, he said.

Twenty-two investment projects are funded by the OP. Seven of them are completed. More than 250 km railways have been rehabilitated or newly built. More than 150 km of motorways have been commissioned. Work continues on 15 major projects,
including the Strouma and Maritsa motorways and the Sofia underground railway. Other big project include the construction of coastal centres in Varna and Bourgas, the rehabilitation of the Septemvri-Plovdiv railway, the modernization of the Central
Railway Station in Sofia, the construction of an intermodal terminal in Plovdiv.

Moskovski spoke about the existence of an option to hold talks with the European Commission on the N+3 rule, which has been negotiated for some countries. If Bulgaria succeeds in negotiating the rule, it will give a breath of fresh air to the projects, he said, adding that if this is not achieved, efforts will be made to complete the projects within 2015.

Source: Sofia

17-01-2015 - Bulgaria's Investment Agency to Establish Regional Unit in PlovdivLINK

Regional units of the Bulgarian Investment Agency and the State Agency for Promotion of Small and Medium Enterprises (SMEs) will be established in Plovdiv.

This was announced by Bulgaria's Economy Minister Bozhidar Lukarski after a meeting with Mayor of Plovdiv Ivan Totev and mayors of other municipalities in the region on Friday, electronic daily Dnevnik reports.

Last year nine municipalities and two clusters signed a memorandum for the joint development of Trakia (Thrace) Economic Zone, 24 Chasa daily reminds.

Lukarski explained that the establishment of regional units will aid the presentation of the economic zone, the local economy and industry at exhibitions and fora.

The representatives of Trakia Economic Zone requested help from the government in the construction of the infrastructure leading to the zone and a roundabout at its entrance, which connects it with Plovdiv.

Trakia Economic Zone unites six industrial zones in the vicinity of Plovdiv, with 114 Bulgarian and foreign companies having invested over EUR 1 billion and created 15 000 work places.

The executive director of the economic zone Plamen Panchev announced that the opening of another 30 000 work places is foreseen in the next 10 years.

16-01-2015 - Bulgaria’s Govt to Restore Halted TrainsLINK

Transport Minister Ivaylo Moskovski has assured that no more trains will be dropped from the schedule of the state-owned Bulgarian State Railways (BDZ).

Moskovski told journalists Friday that the state-owned railway carrier would be given back the sum of BGN 40 M it had been deprived of through a subsidy cut.

He said that the government would strive to receive notification by the European Commission for the state aid.

Moskovski made clear that the development of railway transport was a priority for the current government.

He specified that Bulgaria expected to receive a total of EUR 350 M under the Connecting Europe Facility for trackside construction and upgrade, adding that projects for intermodal terminals in Plovdiv and Ruse had been launched, as well as the construction of subway sections in Sofia.

Bulgaria’s Transport Minister announced that a plan for the restructuring and stabilization of Holding BDZ was being developed.

Moskovski, as cited by, said that he had not given up on the sale of the freight unit of the company, BDZ Freight Services, adding that no candidate had shown up.

He pointed out that the company had run up debts of around BGN 109 M and had closed 2014 at a loss of around BGN 15 M.

Asked to comment on the reasons for stopping 38 trains on January 12, Moskovski declared that the measure had been necessitated by the subsidy cut by BGN 40 M, adding the subsidy of the state-owned railway company for 2014 had also been downsized by BGN 40 M, which had resulted in a failure to carry out repair works worth BGN 25 M and a loss of BGN 15 M by the end of the year.

14-01-2015 - EUR 2 million technical assistance contract for the construction of Ruse Intermodal TerminalLINK

Bulgarian National railway infrastructure company (NRIC) and Dunav Group signed a BGN 3.8 million (EUR 2 million) technical assistance contract for the construction of intermodal terminal in Central-North Planning Development Region in Bulgaria-Ruse.

The project includes the preparation of a feasibility study together with all the necessary technical, economic and environmental evaluations; preparation of the conceptual design; development of procurement strategy and preparation of tender documentation for the construction works. The documents are to be submitted in 12 months.

The construction of Ruse Intermodal Terminal is scheduled to be carried out during 2016 - 2020.

The global project aimsto create the conditions for the optimal combination and integration of various transport modes and a higher quality of freight transport services. This can pave the way for low-cost, high-volume freight transport from the Black Sea area to Central Europe and the EUN "poles" of trade. It will also allow new demands to be met, as the latest forecasts show a significant increase in traffic in regards to Turkey-Ukraine/Russia.

10-01-2015 - Turkey to Build High-Speed Railway Line to BulgariaLINK

Turkey is building a high-speed railway line to Bulgaria, according to Transport Minister Lutfi Elvan.

Elvan, as cited by Daily Sabah and, informed that the rail line would connect Istanbul to the Kapikule border crossing point and would run through Edirne.

He made clear that the tender would be held in 2015.

Elvan said that the mega projects on which Turkey was working included the North Marmara Highway, the Third Bosphorus Bridge, and the two-track railway line that would run across the bridge.

He announced that the road connection to Greece was also being improved and that railway tracks were being thoroughly renewed.

Turkey’s Transport Minister also voiced hopes that Greece would improve its railway network.

27-11-2014 - "Tyrbul" will invest 15 mln. EuroLINK

The Greek company "Tyrbul" will invest 15 million Euro in its dairy in Sliven, in the next two years. The funds will be for new production facilities and equipment, reported

"About 3 million Euro will be invested in new buildings in the plant in Sliven, 7 million Euro will cost the automation and mechanization in the production and with other 3 - 5 million Euro will be purchased new machines, which are German", said Dimitrios Sarandis, CEO and co-owner of the company.

In 2003, "Tyrbul" invested BGN 17 million in the construction of dairy in Sliven. The investment is defined as the biggest in Sliven region. Next year "Tyrbul" launched its first production of hard cheese of the brand Olympus. In 2007, the company installed one of its kind in Bulgaria line for pasteurization and filling of cottage cheese in packages. The company built a new wastewater treatment plant.

23-11-2014 - Textile exports are on the rise: Bulgaria exports costumes to ItalyLINK

There was a 7-8% export growth of the Bulgarian textile industry and in 2014 it is expected that the branch will grow further. For 2013, exports reached EU R1.8 billion- the highest level since 2007. These results bring Bulgaria's textile industry closer again to the strongest periods and the highest levels of export before the global economic crisis.

This means that European markets have largely recovered and began again to rely on Bulgarian products, experts say.

There was also growth in the turnover index of the companies where the increase last year approached 10%, says Radina Bankova, Chairman of BAATPE (Bulgarian Association of Producers and Exporters of Apparel and Textiles). "This year we do not have firm and final statistics, but we assume that the results will be good. Businesses are working hard and there is a great interest in all kinds of clothes - from socks and underwear to coats," she said.

There is also an increase in demand for clothing in the domestic market, but unfortunately mainly in products produced in other countries, such as China.

The main markets where Bulgaria exports remain the European markets - Germany, Italy, Greece, France, Spain.

There is very strong growth in clothing of women's and men's upper garments such as jackets, and ladies' and men's suits and trousers. In knitted things, however, things go a little slower. Companies specialized in clothing did rely almost exclusively on exports because in Bulgaria the situation still remains dire for producing for the domestic market.

12-11-2014 - INTERVIEW - Billa Bulgaria eyes profit in 2014, to invest 12-15 mln euro annually by 2020LINK

SOFIA (Bulgaria), November 12 (SeeNews) – Billa Bulgaria, the Bulgarian arm of Austria-based supermarket chain Billa, expects to post a profit this year on the back of higher turnover, the company's CEO said.

Billa Bulgaria is seen closing 2014 with a profit of around 300,000 levs ($190,355/153,389 euro), Nikolay Petrov told SeeNews last week on the sidelines of a media event in Sofia, without providing comparative figures.

“We finally expect a positive financial result, meaning the crisis is behind us and we have come out of it healed and stronger,” Petrov said.

The retailer also expects its turnover this year to be 6.0% higher than a year earlier.

Billa Bulgaria intends to invest in its operations between 24 million levs and 30 million levs annually over the next five years, the company's CEO also said. The funds will be allocated to the launch of new stores and the reconstruction of existing ones, as well as to energy efficiency.

“In 2019 investments will increase slightly as we plan to reconstruct more stores,” Petrov noted.

The CEO also said the company intends to open eight new stores in 2015.

“At this stage we are focusing our expansion plans on the country's four largest cities – Sofia, Plovdiv, Varna and Burgas, though we do not rule out other cities, as well,” Petrov said. “Our expansion targets are cities with a population of over 20,000-25,000.”

The company expects to sign an agreement for a new store in Haskovo, in the southern parts of the country, by the end of this week.

This year Billa Bulgaria invested 20 million levs and opened six new stores, Petrov said during a news conference last week.

He also said that by the end of 2014 the company will operate a total of 91 stores with a combined retail area of 86,000 square metres.

Billa entered the Bulgarian market in 2000 and is part of Germany's REWE Group. It operates in 35 cities across the country.

(1 euro = 1.95583 Bulgarian levs)

12-11-2014 - Survey Underscores Growing Divide between Southern, Northern BulgariaLINK

A survey of the Institute for Market Economics (IME) think-tank has sounded the alarm about the growing divide between northern and southern Bulgaria.

According to the survey, there is no district where children of up to 15 years of age outnumber people aged 65+.

No district has registered population growth since 2010, the lowest growth ratios being in Vidin, Kyustendil, Montana, Pernik, Lovech, Vratsa, and Gabrovo.

On the positive side, the survey indicates slow but tangible economic recovery.

The economic activity of the population increases and employment rates go up in the majority of districts in 2013, despite the fact that they fall short of pre-crisis levels.

According to the IME, there have been municipalities which have registered very rapid economic recovery over the past two years, succeeding to attract investments and boost living conditions despite the crisis, the most notable example being Burgas.

Estimates of the quality of the environment improve and there share of people with access to sewerage systems increases, as well as the share of people connected to water purification units.

In 2013, cinema and theatre attendance rates reach record-high levels for the past few years and the trend is observable in small districts too, for instance Targovishte.

At the same time, many districts register acceleration in EU funds absorption in 2013. For the third year in a row, Gabrovo emerges as the best-performing district by EU funds absorption per capita, followed by Burgas.

On the downside, the spheres of education and healthcare are characterized by negative trends which are largely attributable to the lack of clear reform plans of the government.

The share of people with health insurance drops from 87.3% to 86.1%, while the enrollment rate of students in 5-8 grade drops from 81.0% to 79.7%.

Despite the fact that the situation on the labor market improves on the whole, a large part of the districts are not involved in the process.

In 2013, the employment rate of people aged 15+ remains below 40% in seven districts, all of them in northern Bulgaria, including Vidin, Vratsa, Lovech, Montana, Razgrad, Silistra and Targovishte. At the same time, southern Bulgaria claims the major portion of new jobs.

The only districts to register population growth in 2013 are Sofia and Burgas.

The relative share of road surface in good condition has decreased, according to Road Infrastructure Agency data, as cited by the IME.

There are significant differences in the capacity of municipalities for successful EU funds absorption. Population-weighted EU funds absorption in 2013 varies from BGN 0 to over BGN 4 000 per capita in the different municipalities.

In over 50 Bulgarian municipalities, including Plovdiv and Kyustendil, EU funds absorption amounts to less than BGN 100 per capita.

Household income data for the past 10 years indicates a growing divide between the capital and the poorest districts.

In the period 2004-2013, the average annual rate of income growth in Sofia stands at 12.79%, compared to an average of 8.50% for the country.

Lovech reports the lowest income growth rate, at 2.90% per year.

Electronic services and one-stop-shop services are developing slowly and the estimate of businesses of the quality of e-services deteriorates on an annual basis.

The estimate of the work of the local administration deteriorates and the corruption perception index worsens.

Throughout the survey period, Sofia remains a separate cluster and the differences between the capital and the other districts fail to diminish.

The cluster comprising districts in poor social and economic condition increases from 2 (in 2012) to 3 (in 2013) to 5 districts (in 2014), according to the IME.

08-11-2014 - Who Are Bulgaria's New Ministers?LINK

Bulgaria's Prime Minister Boyko Borisov and his cabinet involving participation or support from a total of four parties were approved and sworn in by the National Assembly on Friday.

Eleven of them are from Borisov’s centre-right GERB party, six represent right-wing Reformist Bloc (RB) and one comes from left-wing ABV party.

You can find more about them by clicking the links.

Borisov has four deputies – two from GERB and one from RB and ABV each.

Rumyana Bachvarova (GERB) is the new Deputy Prime Minister in charge of coalition policy and state administration, while Tomislav Donchev (GERB) will oversee absorption of EU funds and economic policy.

Former EU Commissioner for Consumer Affairs and current RB co-leader Meglena Kuneva is also vice-premier and is in charge of EU policies and institutional matters.

Former Socialist MEP Ivaylo Kalfin and current deputy leader of left-wing ABV party will be Deputy Prime Minister in charge of demographic and social policy.

Vladislav Goranov (GERB) who served as deputy finance minister in Borisov’s previous government (2009-2013), will take over the Finance Ministry, while RB’s Bozhidar Lukarski will be Economy Minister.

The Ministry of Economy and Energy, an super-institution that was in charge of overseeing the two sectors but also tourism, is now split into three: Economy, Energy and Tourism.

Temenuzhka Petkova is to oversee Energy while former caretaker Transport Minister Nikolina Angelkova has headed the newly-formed Ministry of Tourism.

Veselin Vuchkov, who was deputy interior minister in Borisov’s previous government, will be the new Interior Minister.

Lilyana Pavlova, who served as Minister of Regional development in Borisov’s previous cabinet, will take up the same post in the new government.

Borisov’s former Transport Minister Ivaylo Moskovski will hold the same portfolio in the new cabinet.

Former GERB MP and mayor Ivelina Vasileva heads the Environment Ministry, while GERB's Desislava Taneva gets Agriculture.

Krasen Kralev takes up office as Sports Minister.

The Culture Minister is now renowned sculptor Vezhdi Rashidov, who held the post in GERB's previous government.

The RB for its part is also represented by Daniel Mitov and Hristo Ivanov.

Mitov, the Minister of Foreign Affairs in the current caretaker cabinet led by Georgi Bliznashki, will carry on in the same position in Borisov’s cabinet.

Caretaker Justice Minister Hristo Ivanov will also retain his post in the coalition cabinet led by Borisov.

Other RB nominations in the new cabinet are Todor Tanev, Nikolai Nenchev and Petar Moskov.

Tanev is taking education and science portfolio, Nenchev will be Defense Minister, while Moskov will be Health Minister.

04-11-2014 - Bulgaria becomes regional center for agricultural cooperation between China and CEE countriesLINK

During the 9th Agro-trade and Economic Cooperation Forum between China and Central and Eastern European Countries held in Bucharest, Romania on October 29th, it became clear that Bulgaria will be playing the role of a regional center of cooperation in the field of agriculture. It was decided that an association for the promotion of agricultural cooperation between China and the countries of Central and Eastern Europe would be established in Sofia. The idea initially came from Bulgaria a year ago during the previous meetings between the 16 CEE countries and China.

According to Chinese Premier Li Keqiang, China plans to double its trade with the CEE countries and significantly increase investment over the next five years. China has already opened a credit line for CEE, totalling 10 billion US dollars. China is interested in investing in high-speed rail construction, ports, roads, as well as construction of power plants, including nuclear ones. China also has the intention to restore the mythical Orient Express, this time through ultrafast trains linking Beijing with Paris.

04-11-2014 - Bulgaria is 48th in the ranking of the most prosperous countries in the worldLINK

Bulgaria occupies 48th place in the ranking of the most prosperous countries in the world according to the annual ranking published by the British research center Legatum Institute, reported the British "Telegraph". Top positions in the rankings take Norway, Switzerland and New Zealand.

Bulgaria climbs up one place compared to last year's ranking. Our neighbors Greece and Romania are respectively on 59th and 60th places.

In top ten are Denmark, Canada, Sweden, Australia, Finland and the Netherlands, United States are 10th. In this rating China occupies 44th position and Russia - 68th.

The ranking is determined according to eight indicators, including strength of the economy, state of the national healthcare system and education and public safety, social freedoms, business climate and management system.

02-11-2014 - Plovdiv Attracts Three Outsourcing CompaniesLINK

Bulgaria's second largest city, Plovdiv, has attracted three large outsourcing companies, according to

During the Bulgaria As An Outsourcing Destination conference, which took in Plovdiv in the end of this week, it transpired that within the next few monthst, the companies Scale Focus, 60К and UNIFY.

60K will open its office in the beginning of 2015. It will employ 100 people and bu the end of the year might increase its staff to 150-200 people.

According to Plovdiv's deputy mayor Stefan Stoyanov, the main attractions of Plovdiv as an outsourcing destination are the good demographic indicators, the geographic locations and the good education system in the city.

31-10-2014 - Bulgaria-Macedonia Rail Line to Start Functioning in 2022LINK

Macedonia’s Transport Minister Mile Janakieski expects the Bulgaria-Macedonia rail line to start functioning in 2022.

The transport ministers of Bulgaria, Macedonia, and Albania participated Friday in a conference held in Sofia.

The participants in Friday’s event made clear that the first stage of the rail line from Kumanovo to Belyakovtsi was being built, while the construction of the second stretch to Kriva Palanka and the third section to Gyueshevo was to start in 2015 and 2017, respectively, according to reports of the Bulgarian National Television.

The three countries will apply for EU funding for the finalization of the Trans-European Corridor 8.

Albanian Transport Minister Edmond Haxhinasto announced that Trans-European Corridor 8 was essential for the country, especially for its ports.

Haxhinasto said that Albania was striving to not lag behind Macedonia in the work on the project.

The three ministers agreed to set up a working group and to elect a coordinator of the joint project and to organize a trilateral meeting of the transport ministers on an annual basis.

31-10-2014 - Sofia Metro To Reach Airport In AprilLINK

The extension of Sofia's red line will reach the airport in April 2015, said Sofia Mayor Yordanka Fandakova who inspected the construction process.

The inspection established that the work was 72% complete and the metro station at the airport will be finished by end of November.

“This metro station will be the first impression of Sofia for those who land at the airport,” Fandakova said, quoted by “But it is most important that the fast and convenient public transport to reach the airport.”

According to Fandakova, the other extension of the red line, to the business park in the Mladost 4 district, is 60% complete, but the traffic along the “Aleksander Malinov” boulevard would most likely be restored by November 20.

30-10-2014 - New EUR 150 mln. for small and medium enterprisesLINK

The European Union may grant 150 million euro for equity investments in small and medium enterprises and start-up companies in Bulgaria in the next programming period 2014-2020 as a part of Operational Programme "Competitiveness and Innovation". This became clear at the ninth annual conference of "Capital" "Deals and investors" on Tuesday.

If such decision is taken and the agreement is signed the 150 million euro will be divided into four types of funds. The management of each of them will be allocated to different companies and each will seek additional private financing - the total amount will be considerably higher.

22-10-2014 - Economic forum “Bulgaria’s new economy – heading East” starts todayLINK

Over 70 local and foreign companies as well as ambassadors and representatives of diplomatic missions in Bulgaria – those of Vietnam, Lebanon, Marocco, China and Russia, Turkey and Estonia among others, are to take part in the second International investment forum entitled “Bulgaria’s new economy – heading East”. The event, which kicks off today in the Black Sea town of Pomorie will continue three days. The aim of this investment forum is to become a place for public dialogue on current economic and infrastructure issues, and an efficient platform for work among Bulgarian and foreign investors, the organizers of the event inform.

18-10-2014 - Italian town to be 2019 Capital of CultureLINK

A small Italian town has been picked to be European Capital of Culture in 2019.

Matera, close to the country’s southern heel, will share the title with the Bulgarian city of Plovdiv.

The ancient centre of the town – suspected to be among the first human settlements in Italy – is a UNESCO World Heritage Site.

The Swedish town of Ume? and Riga Latvian hold the title this year.

16-10-2014 - Bulgaria Posts EU's Largest Annual Deflation Rate in SeptemberLINK

uro area annual inflation was 0.3% in September 2014, down from 0.4% in August which is the lowest rate recorded since October 2009, according to Eurostat statistics.

The European Union annual inflation was 0.4% in September 2014, down from 0.5% in August. This is the lowest rate recorded since September 2009. In September 2013 the rate was 1.3%. The monthly inflation was 0.3% in September 2014, data released by the statistical office of the European Union shows.

In September 2014, negative annual rates were observed in Bulgaria (-1.4%), Greece (-1.1%), Hungary (-0.5%), Spain (-0.3%), Poland (-0.2%), Italy, Slovenia and Slovakia (all -0.1%). The highest annual rates were recorded in Romania (1.8%), Finland (1.5%) and Austria (1.4%).

Compared with August 2014, the annual inflation fell in seventeen Member States, remained stable in two and rose in nine. The largest upward impacts to euro area annual inflation came from restaurants and caf?s (+0.09%), rents (+0.07%) and maintenance of vehicles (+0.05%), while fuels for transport (-0.21%), telecommunications (-0.12%) and gas (-0.08%) had the biggest downward impacts.

14-10-2014 - GERB, DPS To Negotiate On Government FormationLINK

The centre-right GERB and the Movement for Rights and Freedoms (DPS) will negotiate on Tuesday afternoon on the formation and support for new government.

At a press conference on Monday DPS leader Lyutvi Mestan said his party will offer unconditional support for a minority GERB government, but refused to support a government formed in coalition with far nationalist parties.

The negotiations will be held by Tsetska Tsathceva, Menda Stoyanova and Rumyana Bachvarova from GEBR and Aliosman Imamov, Rushen Riza and Yordan Tsonev from DPS.

The negotiations between GERB and the second-largest in Parliament Bulgarian Socialist Party (BSP) on Monday failed and BSP will remain in opposition.

14-10-2014 - President Plevneliev: Bulgaria Becomes Preferred Place for Investments in High TechnologiesLINK

Bern/Sofia, October 14 (BTA) - Over the past few years Bulgaria has become a preferred destination for setting up shop or opening outsource facilities of leading high-tech companies suchas HP, SAP, IBM, Cisco, Oracle, R&M, Bulgarian President Rosen Plevneliev said Monday, during a business forum in Bern attended by nearly 70 Swiss business representatives. Plevneliev is on a two-day visit to Switzerland.

The Bulgarian head of State said that the companies in this sector report annual turnover growths of 10 per cent, while the IT workforce increases by 4.8 per cent. The Bulgarian companies in the sector export goods and services worth 1,200 million euros.

Plevneliev said that Bulgaria is also becoming an established manufacturer of automotive parts, which creates more prerequisites for an even more active partnership with established Swiss companies. "The production in this sector in Bulgaria totals 1,500 million euro annually so that today, in 8 out of every 10 cars in Europe there are parts made in Bulgaria," Plevneliev said.

He said that the leading country in automotive production in Europe, Germany, is showing an ever bigger interest in the Bulgarian automotive sector. Plevneliev noted the cooperation between the governments of Bulgaria and of the German Baden-Wuerttemberg province in the implementation of project called Auto Park Bulgaria in the Danubian town of Vidin. Part ofthe financing of the project will come from the EU Danubian Strategy.

In Bern Plevneliev said that Bulgaria is gradually overcoming the consequences of the downturn and is reporting a growth in exports and its Gross Domestic Product. "Our objective is to also increase the amount of foreign direct investment by means of strategic partnerships," the President said.

Swiss investments in Bulgaria in 1996-2013 totalled nearly 1,300 million euros, but according to Plevneliev, the new framework of economic partnership ensures that much more can be attained. In Plevneliev's words, the model of partnership between the Bulgarian and the Swiss businesses could make Bulgaria into a hub of Swiss investments in Southeast Europe. The President alsooutlined the opportunities the region provides as a whole, noting that in the past few years it has been working hard for cohesion and integration.

14-10-2014 - Bulgaria draws EUR 500 million in EIB loans for EU projectsLINK

Sofia. Bulgaria will draw a loan of EUR 500 million from the European Investment Bank (EIB) in order to provide national co-financing for EU projects during the next programme period 2014 – 2020, Stroitelstvo Imoti weekly writes.
The loan has been the subject of negotiations for a long time, while the interim government only finalised the deal. Following the EIB’s approval, the loan requires the endorsement of the new Parliament, Deputy PM in charge of EU funds Iliyana Tsanova explained.
Until the end of the month EU auditors will arrive in Bulgaria in order to make sure that the systems for EU funds control and management are operating efficiently.

14-10-2014 - 15 projects were approved under JESSICA in BulgariaLINK

Sofia. In an interview for Stroitelstvo Gradat weekly, Martin Zaimov, executive director of Regional Urban Development Fund, commented on the JESSICA fund.
He said that at present there were some fifteen projects that were approved under JESSICA.
They will receive a total of BGN 75 million. One third of the funds will be provided by the fund and two thirds – by Societe Generale.
Some of the projects approved under JESSICA include the renovation of three buildings in Ruse, building Maritsa eco-park in Plovdiv, renovation of cinema halls in Stara Zagora, etc.

14-10-2014 - New factory with foreign investment was openedLINK

The executive director of InvestBulgaria Agency Svetoslav Mladenov participated at the opening of the new factory "VERNADA" in Gorna Rosica, Sevlievo. The official ceremony was attended by the Interim Deputy Minister of Economy and Energy Branimir Botev, the State Secretary of Romania Bogdan Pandelica, the ambassador of Israel in Bulgaria Khamis Shaul Raz and the Israeli Ambassador in Romania Dan Ben-Eliezer, the Bulgarian Ambassador in Bucharest Alexander Filipov and Romanian diplomats.

The factory in Gorna Rosica is specialized in production of hummus based salads under the Israeli technology. VERNADA company has invested over BGN 2.5 million, half of which are European investments provided under Measure 123, and the rest of the funds are provided by its Romanian partner OCEAN FISH. The company’s monthly capacity is of 45 tones of packaged salads, most of which are exported to the Romanian market. An export to Israel is being negotiated.

13-10-2014 - New Faces Rather than New Parties Needed in Politics, Respondents Say in SurveyLINK

Sofia, October 13 (BTA) - People are disappointed with the way representative democracy functions in this country rather than with the democratic system. This is evident from the results of a survey conducted in May-June 2014 among 1,302 respondents within the first stage of a Citizens' Debate for Change Project, implemented by the Balkan Assist Association.

The results of the survey were made public at a BTA-hosted news conference on Monday. The predominant part of respondents are young people under 30, people in active employment, low-income private-sector employees, urban dwellers and secondary-school and university graduates.

Disappointed as they are with representative democracy, those polled do not deny it wholesale but demand changes in the election system (65 per cent of respondents) and above all insist on the appearance of new faces in politics (71 per cent) rather than of new parties.

On a massive scale, those interviewed want to be able to recall municipal councillors and members of Parliament for whom they have voted if they are dissatisfied with their performance. Some60 per cent back electronic voting, but a relatively large proportion of 'don't know' answers were given to this question.

Some 60 per cent support compulsory voting, and within them 35 per cent firmly advocate it. Preferential voting is approved by some 70 per cent (for municipal councillors), 65 per cent (for MPs), and 60 per cent (for MEPs). About one in five respondents are not clear what preferential voting means, said Dr Petya Kabakchieva, who presented the survey.

What people want is more democracy, a more active involvement ofcitizens in governance processes. Extreme forms of political governance like dictatorship or a single-party system do not meet with broad support, and support for governance by a strong leader without parliament has decreased as well.

Most of those polled want more powers and rights for citizens toshare in governance: to be entitled to propose bills, to elect the representatives of civil society and the members of public councils. The prevalent opinion favours a stronger citizen control over power-holders' decisions and actions: some 80 per cent insist on that. A little over 60 per cent back the idea of citizens making the important decisions directly.

As regards personal involvement in the decision-making process and control over Parliament and municipal councils, the enthusiasm tangibly wanes: just 23.6 per cent of respondents actually want to enter this process and participate in the work of some National Assembly committees, compared to 80 per cent who insisted on this participation, Kabakchieva commented. She described this effect as "Facebook behaviour": you declare a
desire to participate in some event, but those who do so in practice are several fold fewer.

The survey invites the conclusion that most respondents, especially the young and the educated ones, start developing a political participatory culture. At the same time, however, awareness of the essential democratic procedures and mechanisms is at a low level, and voting is above all for personalities andnot for policies and programmes. That is why, civic education must be enhanced, the experts recommend.

10-10-2014 - Bulgarian export to EU risesLINK

In the period January-July 2014, Bulgarian export to the EU rose by 3.6 percent in comparison to the same period last year and amounts to 7.8 billion euro. The major trade partners of Bulgaria are Germany, Italy, Romania, Greece, France and Belgium. Export to these countries reaches 72.3 percent of total export to the EU. Bulgarian import from the EU in the period January-July 2014 rose by 2.3 percent in comparison to the same period in the previous year and reaches 9 billion euro. Foreign trade balance of Bulgaria with the EU is negative and totals1.25 billion euro.

08-10-2014 - Bulgaria progressed to 40th place in the ranking of economic freedomLINK

Bulgaria ranks 40th out of 152 countries included in the "Economic Freedom of the World: 2014 Annual Report" prepared by the Canadian Institute "Fraser" and disseminated to Bulgaria by the Institute for Market Economics. The report presents the picture in 2012 - the latest year for which official data are available for all countries.

Bulgaria’s result this year is 7.29 points from the maximum of 10, this is a slight increase compared to last year, when the country had 7.28 points and was ranked to 49th place.

Bulgaria ranks 21st among the EU countries and has the same result as Spain. Hong Kong again leads the ranking, followed by Singapore, New Zealand and Switzerland.

03-10-2014 - WITTE Automotive opened the new plant in BulgariaLINK

Mr. Rosen Plevneliev, President of Bulgaria together with Dr. Manfred Pueschel, Chairman of the Advisory Board of WITTE Automotive GmbH, opened officially a new production facility in Bulgaria.

“I am a president but I am also an engineer and I have to say that this plant is a very important achievement not only for Ruse but for Bulgaria”, President Plevneliev declared in his opening speech. Dr. Pueschel proudly praised: “On 10th of October 2013, we met here for the laying of the foundation stone. Today, only one year later, we are celebrating the official opening of the most modern plant of WITTE Automotive covering an area of 15,000 square meters and that inclusive the logistics infrastructure.”

The amount of investment will reach approx. 10 million euro till the end of the year 2015. WITTE as one of the leading producers of locking systems for the automotive industry supplies especially its customers from south-eastern Europe from the Bulgarian plant.

The Bulgarian plant started in May 2010 in rented industrial premises. Manufacturing began with three machines and six employees. Already after one year the number of employees in the factory reached 51 and in May 2012 the company doubled this number and welcomed its hundredth employee. The production with many new products increased the same way and the turnover exceeded 10 million EUR. According to the global growth strategy of the WITTE Group an increase in both the turnover and the number of employees is expected in 2014.

01-10-2014 - Bulgaria is the most preferred outsourcing destination in EuropeLINK

Bulgaria is the most preferred outsourcing destination in Europe. Our country is the only European country, which falls in top 10 in the world ranking of the most attractive destinations for outsourcing, done by the analysis company A.T. Kearney. Bulgaria is at the ninth position among 51 countries in the world and climbs up eight positions in the list since 2011, when the previous survey was done.

According to Stefan Bumov, chairperson of the Bulgarian Outsourcing Association, this was an important recognition of the efforts of Bulgaria's outsourcing industry and its contribution to the economy.

The leading positions in the A.T.Kearney ranking are taken by India, China and Malaysia.

The index takes into account 39 criteria in three categories – financial attractiveness, business environment and human resources.

29-09-2014 - Medina Med and Diana have invested BGN 5 million in a factoryLINK

The largest importers of tires in Bulgaria - Medina Med and Diana, open a factory for recycling of discarded tires Ekomediana Recycling in Stara Zagora. In its construction the owners have invested BGN 5 million.

Several raw materials are produced through recycling of tires - rubber granulate, metal and textiles, for which the company has already secured markets. The plant is built on a total area of 2200 sq m at the site of an abandoned factory of the former enterprise Agrobiochim, which is completely refurbished and modernized.

For the construction of new power the company has applied under OP Competitiveness and in particular with the 'Energy efficiency and green economy’ scheme. The approved project is for about BGN 4 million, 50% of which are self-financing.

17-09-2014 - BNB raiseаd the data for attracted foreign direct investments in 2012 and 2013LINK

Bulgarian National Bank (BNB) published revised data for the flow of foreign direct investments (FDI) in 2012 and 2013. For both years, the volume attracted investments has increased. In the revision of March 17, 2014 FDI inflow for 2013 amounts to 1 092.4 million euro and 1 070.3 million euro for 2012 respectively. In the latest revision from September 15, the data for the two years changed to 1141.7 million euros for 2012 and 1156.7 million euros for 2013 respectively. The growth of attracted investments in 2013 compared with the flow for 2012 is 1.3%.

In March 2015 BNB will make its annual revisions of FDI data for 2013 and 2014.

Bank revised data for the flow of foreign direct investment under the ECB Timetable for Exchange of Balance of Payments, International Investment Position and Reserve Assets Statistics within the European System of Central Banks. Adjustments usually result in increased volumes.

According to the BNB data for the inflow of foreign direct investment published on September 15, 2014, in July reinvested profit in January-July 2014 is estimated at 93.8 million euros. This is significantly higher than the reported 51 million euros for the same period of 2013. What must be kept in mind when analyzing such data is that currenty the data for 2013 and 2014 include only estimates of reinvested profit sector "Banks". The data for the "nonfinancial corporations" sector for 2013 will be published in the January 2015 report and the respective data for 2014 – in the January 2016 report.

The total volume of foreign investments in Bulgaria in July 2014 amounted to 74 million euros. According to the revised data for the same month of the previous year, the total volume is 246, 4 million euros. Only after data revision for July 2014 a comparison between the two months would be possible.

For the period from the beginning of the year until the end of July foreign investments amounted to 825.3 million euros or 2% of GDP, according to the Central bank data. This is 22 million euro more than the respective sums for the period from January to July 2013, if we compare the unrevised data. A few days ago, however, the Bank revised the amount of investment for the period January - July 2013. It increased to 1070.8 million euros.

The main part of the FDI this year is the so–called “Other capital”. In this category, the Bulgarian National Bank puts intercompany loans provided by foreign companies to their subsidiaries in Bulgaria. Since the beginning of the year the total volume is 623.5 million euros, which is with 31.1 million euros more than the previous month. For the period January-July 2013 investment in other capital were 164.1 million euro, according to unrevised BNB data.

Equity investments since the beginning of 2014 amount to 107.9 million euros compared with 560.4 million euros unrevised data for the same period last year.

The information of the BNB for FDI by industry is on a quarterly and annual basis. According to preliminary data for the period January - June 2014 the largest flow of FDI is in manufacturing (more than 295 million euros or 39.3 percent of the total flow for the period). In the second place is investment in "Real estate, renting and business activities" (with a share 25.9%), followed by "Transport, storage and communications" (with a share of 16.8%).

The Netherlands retained the first position among the countries investing in Bulgaria in 2014. For the period January - July 2014 the FDI inflows from there amounted to 368.4 million Euros.

The data show that the money which migrants send to their relatives in the country grows. In July the amount was 75.5 million euros, and in the same month of the previous year the amount was 74 million euros. For the first seven months of the year Bulgarians abroad have sent a total of 519.9 million euros to our country.

According to the preliminary data, the FDI of Bulgarians and companies abroad for the period January - July 2014 amounted to 195.3 million EUR in comparison to 198.2 million euros in January - July 2013. In July 2014 the FDI increased by 7.8 million euros.

12-09-2014 - Bulgaria’s export to the EU increased in the first half of 2014LINK

n the period January - June 2014 Bulgarian exports to the EU increased by 2.8% compared to the corresponding period of the previous year and amounted to 12.6 Billion BGN, according to data of the National Statistical Institute.

Main trade partners of Bulgaria were Germany, Italy, Romania, Greece, France and Belgium which accounted for 72.3% of the exports to the EU Member States.

In June 2014 the exports to the EU increased by 10.6% compared to the corresponding month of the previous year and amounted to 2.3 Billion BGN.

Bulgarian imports from the EU in the period January - June 2014 increased by 3.6% compared to the corresponding period of the previous year and added up to 14.9 Billion BGN at CIF prices. The largest amounts were reported for the goods imported from Germany, Italy, Romania, Greece and Spain.

In June 2014 the Bulgarian imports from the EU Member States increased by 3.1% compared to the corresponding month of the previous year and amounted to 2.6 Billion BGN at CIF prices.

12-09-2014 - Plovdiv expects BGN 7 million private investmentLINK

Plovdiv expects BGN 7 million private investment in implementing the strategy Plovdiv European Capital of Culture 2019, said the Deputy Mayor Stefan Stoyanov for Darik radio.

The sum is 10% of the total budget of the program, which is BGN 70 million. 60% of them ??are foreseen for cultural events and 40% for infrastructure. The municipality expects a decision of the Council of Ministers, with which the state will grant EUR 10 million for the development of the city as the European Capital of Culture.

11-09-2014 - IBA presented the advantages of Bulgaria as an investment destination in Xiamen, ChinaLINK

The advantages of Bulgaria as an investment destination presented Kostadin Djatev, Deputy Executive Director of the InvestBulgaria Agency, during the 18th International Forum on Trade and Investment in Xiamen, China, which takes place in the period September 7 - 11. The favorable investment climate in Bulgaria, its pivotal position for access to the EU market, low tax burden and other advantages were highlighted during the presentation of Bulgaria. Also specific investment projects were proposed.

The China International Forum for Trade and Investment, organized by the Ministry of Commerce of PRC, is held annually in September in Xiamen. This is the biggest business forum and the only event in China for promoting of investment and support of the investment flows, which has received approval from the Union of International Fairs (UFI). The initiative consists several parts: investment and trade exhibition, an international investment forum, a series of seminars on hot investment issues and exchange of investment projects.

This year, the program included a symposium marking the 30th anniversary of the Chinese area for national economic and technological development, workshop and meeting of the investment agencies of China and the countries of Central and Eastern Europe.

The China International Forum on Trade and Investment in Xiamen not only presents the investment climate, policies, projects and corporate products in all Chinese provinces, autonomous regions and municipalities in China, but also attracts the interest of agencies to promote investment in more than 40 countries and regions. The business gets optimal opportunity to become acquainted with the investment climate in China and other countries and has access to a wide range of investment projects and business partners.

This year, Malaysia was designated as an honorary guest at the event to celebrate the 40th anniversary of the establishment of diplomatic relations with China.

05-09-2014 - The competitive advantages of Bulgaria as an investment destination were presented to Turkish entrepreneurs in PlovdivLINK

The business climate in Bulgaria and the investment opportunities in the tourism, machine building, outsourcing, business processes, food and agriculture industry and healthcare were presented by Georgi Alipiev, acting director "Sectoral Investment Services" in Invest Bulgaria Agency at a workshop of the Bulgarian business and the Association of Turkish Industrialists and Entrepreneurs of the Balkan countries' “BALKANSIAD”.

The forum was held on the 4th September 2014 in “Hotel Novotel Plovdiv" under the patronage of the Turkish commercial attach? in Plovdiv Baris Yenicheri. It was organized by the "Enterprise" magazine.

Honored guests at the event were the regional governor of the Shoumen district, Vencislav Venkov and deputy regional governor of the Bursa region. The forum was attended by Aytug Onur, chairman of "BALKANSIAD", deputy chairman of the Turkish-Bulgarian Chamber of Commerce and Industry, Timur Halilov, Vasaf Bilginler, chairman of the Bulgarian-Turkish business association "BULTIS" in Plovdiv, Fikret Ince, chairman of the Northeast Bulgarian-Turkish Chamber of Commerce and over 40 businessmen and industrialists of the city of Bursa, Turkey.

Mr. Alipiev focused on the main advantages that our country has as an investment destination: a stable macro-economic environment, low tax burden, currency board and a well-educated and highly skilled workforce.

“Sienit Holding” presented “Trakia” Economic Zone as an opportunity for a number of Bulgarian and foreign investors, and entrepreneurs to develop and expand their manufacturing operations.

The forum was an excellent opportunity for many bilateral meetings as well as for planning future partnerships and joint initiatives.

25-08-2014 - EUR 30 million boost cooperation between Bulgaria and TurkeyLINK

Nearly EUR 30 million is to be allotted under the Bulgaria-Turkey cross-border cooperation program in the new programming period 2014-2020. Projects in Haskovo, Yambol and Burgas districts are to receive financing under this programme.

Turkey has come up with the proposal that part of the financial resource of the programme can be used to fulfill the targets of the four-year agreement between Bulgaria and Turkey aimed at preserving and socializing the cultural and historical heritage in the trans-border regions.

The programme covers a territory of 29,000 square kilometers on both sides of the border and a population of 1.5 million people.

05-08-2014 - Oman Fund 'Expected to Make Proposal about KTB Soon' - Bank OwnerLINK

CorpBank major shareholder Tsvetan Vasilev has announced that a consortium of investors led by a state fund of the Sultanate of Oman is to present an offer how to help the bank.

Vasilev, whose Corporate Commercial Bank (KTB) was placed under special supervision by Bulgaria's central bank BNB on June 20, wrote in his personal blog that he needed customers and employees' support for the plan which the State General Reserve Fund (SGRF) of Oman is expected to reveal.

He described developments at the bank, which BNB is planning to deprive of license (apart from nationalizing its subsidiary Credit Agricole Bulgaria) due to serious violations found by independent auditors, as a plot created against him and KTB which, in his words, was aided "by the entire state machine".

SGRF declared in mid-July it was drafting a plan to save KTB which could be ready in three months, but did not necessarily involve boosting its own share (currently 30%) at the troubled bank. The outgoing Bulgarian government had earlier promised it would give investors the opportunity to intervene before seeking "state" options.

A bank run in June forced Bulgaria's fourth-largest financial company to request conservatorship from BNB on its own.

Vasilev has since then argued KTB fell victim to "malicious rumors" fomented by politicians and key state institutions including the Prosecutor's Office.

The attack on his bank followed a reported rift between Vasilev and controversial Movement for Rights and Freedoms (DPS) lawmaker Delyan Peevski, whose appointment as state security head last June opened the floodgates of months-long protests.

Their alliance was considered to be behind a number of key Bulgarian enterprises and also behind a media empire formally controlled by Peevski's mother, Irena Krasteva.

05-08-2014 - Bulgaria-EC Partnership Agreement to be Signed on ThursdayLINK

Bulgaria's Partnership Agreement with the European Commission is to be signed by the end of the week, most probably on Thursday.

The document was adopted by the outgoing government of Prime Minister Plamen Oresharski in end-June.

It sets the priorities in the absorption of funds from the EU structural and investment funds by 2020.

In the autumn of 2014, the EC is to approve the new operational programs, thereby allowing Bulgaria to start using the money allocated under them in the new EU budget, according to reports of the Bulgarian National Radio.

The EC also reported progress in its attempts to renew trilateral dialogue with Russia and Ukraine on gas supplies.

Meanwhile, a bilateral meeting on the topic between EU Energy Commissioner Gunther Oettinger and Russian Energy Minister Alexander Novak was confirmed.

Marlene Holzner, Spokesperson for the EU Energy Commissioner, declared that the meeting would take place at the end of August in Moscow and it would feature discussions on the opportunities for continuing dialogue in a trilateral format.

05-08-2014 - Sofia-Plovdiv Railway Stretch to Be ReconstructedLINK

The railroad connecting Bulgaria's capital Sofia and the second-largest city Plovdiv will enable trains to travel at 160 km/h, a national daily reports.

Milcho Lambrev, who heads the National Railway Infrastructure Company, also told Monitor that tracks between Sofia and the towns of Septemvri and Dragoman are also to undergo repairs.

About BGN 700 M have been set aside for the planned works, but reconstruction projects are yet to be drafted and the process is likely to take seven or eight years, Lambrev believes.

05-08-2014 - Oman Fund 'Expected to Make Proposal about KTB Soon' - Bank OwnerLINK

CorpBank major shareholder Tsvetan Vasilev has announced that a consortium of investors led by a state fund of the Sultanate of Oman is to present an offer how to help the bank.

Vasilev, whose Corporate Commercial Bank (KTB) was placed under special supervision by Bulgaria's central bank BNB on June 20, wrote in his personal blog that he needed customers and employees' support for the plan which the State General Reserve Fund (SGRF) of Oman is expected to reveal.

He described developments at the bank, which BNB is planning to deprive of license (apart from nationalizing its subsidiary Credit Agricole Bulgaria) due to serious violations found by independent auditors, as a plot created against him and KTB which, in his words, was aided "by the entire state machine".

SGRF declared in mid-July it was drafting a plan to save KTB which could be ready in three months, but did not necessarily involve boosting its own share (currently 30%) at the troubled bank. The outgoing Bulgarian government had earlier promised it would give investors the opportunity to intervene before seeking "state" options.

A bank run in June forced Bulgaria's fourth-largest financial company to request conservatorship from BNB on its own.

Vasilev has since then argued KTB fell victim to "malicious rumors" fomented by politicians and key state institutions including the Prosecutor's Office.

The attack on his bank followed a reported rift between Vasilev and controversial Movement for Rights and Freedoms (DPS) lawmaker Delyan Peevski, whose appointment as state security head last June opened the floodgates of months-long protests.

Their alliance was considered to be behind a number of key Bulgarian enterprises and also behind a media empire formally controlled by Peevski's mother, Irena Krasteva.

31-07-2014 - Bulgaria's Pomorie 'Could Have' Dubai-Style Fake IslandsLINK

Entrepreneurs from Qatar, Abu Dhabi, China and South Korea are considering opportunities to build artificial islands near the seaside town of Pomorie, according to media reports.

The landscape in the region is "very favorable", with a "shallow beach" that is just 5 meters deep, and this would make it easy to place islands there, Kamen Shipkov, an architect from Pomorie, was quoted by the daily Monitor as saying.

Shipkov's own blueprints include three islands off the coast, with a 260-meter bridge to connect them with the mainland.

Facilities like a dolphinarium, swimming pools, water parks could be built on one of them, while the second could host a casino and the third could have five- or seven-star hotels. A twenty or thirty-story hotel like the one at Barcelona's port, which stands in open sea could also be erected, Shipkov believes.

31-07-2014 - Bulgaria ranks fourth place in the world in low taxes for foreignersLINK

Bulgaria is fourth in the world ranking of destinations with the lowest taxes for foreigners, published by the "Daily Mail".

Bradley Hekford, company specializing in international expatriation, compiled the top ten countries with low tax burden based on criteria such as quality of life, legal and physical security, quality of economic investment, accessibility of the site and opportunities for recreation. Bulgaria is placed at fourth place in the ranking for lowest tax burden in Europe with 10% tax on personal income. Europeans don't have to invest in order to gain citizenship, but non-Europeans must be willing to invest 400,000 pounds in government bonds, marked by Bradley Hekford.

First in the list are placed Bahamas who are close to the U.S.A. and enjoy the splendid surroundings and political stability. The country, which consists of over 700 small islands, offers an excellent standard of living and 0% tax on personal income.

28-07-2014 - At the end of 2015, Plovdiv will have a modern intermodal terminalLINK

By November this year will be ready the technical design of the intermodal terminal in the South Central region, financed by the Operational Programme "Transport". Contractor is "National Company Railway Infrastructure." The engineering contract was signed on May 23, 2014 with "Trace Group Hold" PLC and is for 8570 541.45 lev without VAT. The implementation includes five months to design and 12 months for construction. The technical design of the terminal with working drawings and details in accordance with the approved preliminary design, Detailed urban plan and technical specifications of the assignor shall be prepared by "Ingconsult" Ltd with Chief architect Konstantin Kossev, reported by the contractor.

It is expected about 70 people to be involved in its construction and 25 new jobs will be found when the terminal starts functioning. Supervision will be provided by "Rubicon-Test" as the value of the contract is 448 950 lev without VAT. An appeal delays the selection of a project-manager consultant.

The main objective of the investment project is to build a terminal for intermodal transport near railway station Kableshkov, which is part of Plovdiv railway junction. It is located on the main railway line Sofia - Plovdiv. The landing itself is located on the north side of the station in the village of Zlatitrap, Rodopi Municipality. The place where the terminal will be built, has a strategic importance as it passes through three European corridors. Within the "Technical assistance for construction of an intermodal terminal in the South Central region - Plovdiv" under the TEN-T (2009-20011) the consultant - union "NET Engineering - Transgeo" prepared a financial and economic analysis of the cost and benefits (CBA), preliminary design, Detailed urban plan and strategy for public-private partnership (PPP) for the operation and maintenance of the site. In 2011, by the CoM "Intermodal Terminal in South-Central Planning Region of Bulgaria - Plovdiv" was declared a site of national importance.

The project
It is envisaged over an area 71 450 sq.m. to be built: terminal area for loading and unloading of containers from wagon to car and back, ground storage for containers and area for damaged containers and equipment, special spaces for refrigerated cargoes units, administrative customer service, customs control building, customs warehouse, parking for trucks, cars.
In terms of railway track will be designed and built second siding, which will be the primary loading and unloadeding rut with a total useful length of 645 m. It will be directly connected to a slack rut by an arrow. Within the twinning project "Modernization of the railway station in September - Plovdiv - part of the Trans-European Transport Network," is foreseen the design and implementation of the seventh receiver-starting track and slack rut as well as the delivery and input of arrows № 10, 22, 24 and 19.

Management and maintenance
For the management and maintenance of the intermodal terminal will be selected private operator. The concession procedure is expected to be announced until early next year, after the preparation of preconcession analysis. The operator will supply and install the necessary equipment (including mobile cranes), which will greatly speed up the starting of the terminal.

01-07-2014 - Chinese Consortium to Invest BGN 20 M in Bulgaria's KarlovoLINK

A Chinese venture is planning to invest in production of probiotics and synbiotics in the Bulgarian town of Karlovo, municipal officials have revealed.

Local authorities signed on June 6 a preliminary agreement with the consortium, and details are due to be clarified later this month, Karlovo Municipal Council Chairman Stoyo Karagenski was quoted by as saying.

The deal was struck in the presence of Chinese Embassy representatives, Karagenski added.

He explained some months ago the businessmen tested in Chinese hospitals some probiotics made in Bulgaria and were satisfied with the results.

In his words, more Chinese investment into tourism and luxury properties is in sight, with the Municipality already in talks with other firms from the world's second-largest economy.

30-06-2014 - La Trisa Bulgaria investir? 6 milioni di bgn a SofiaLINK

La societ? distributrice di prodotti per l'igiene orale Trisa Bulgaria, controllata bulgara della societ? svizzera Trisa Holding, ha informato, tramite un comunicato stampa, che investir? 6 milioni di bgn in un centro logistico vicino Sofia. L'investimento rientra nel piano d’espansione della societ? nei mercati dell’Europa orientale e in Russia. Il nuovo impianto di 3 mila mq sorger? su un terreno di 27 mila mq nella citt? di Elin Pelin. Il centro logistico prevede di creare 30 nuovi posti di lavoro. La Trisa Holding esporta i propri prodotti in oltre 80 paesi.

26-06-2014 - Business forum “Business and investment between Bulgaria and Turkey” was held in IstanbulLINK

Bulgarian business delegation headed by Mr. Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry and Co-President of the Bulgarian-Turkish Business Council, and Mr. Yancho Yanev, Chairman of Haskovo Chamber of Commerce and Industry, visited Istanbul.

The representatives of the Bulgarian business delegation met with the Board of Directors of the Turkish-Bulgarian Business Council with DEIK (Foreign Economic Relations Board of Turkey), and with representatives of the Edirne Chamber of Commerce and Industry, and discussed the opportunities of collaboration in economy, investments, trade, facilitation of customs and other administrative proceedings, women entrepreneurship and wine production. For the first time conversations were extended to topics related to culture.

Mr. Yalcin Egemen, Co-President of the Turkish-Bulgarian Business Council, opened the business forum which was attended by more than 30 Turkish entrepreneurs, and outlined the main areas of cooperation between DEIK and BCCI, bilateral relations between Bulgaria and Turkey, sectors of mutual interest with potential for development – agriculture and food industry. Yalcin Egemen stressed that the main problem for both the countries is the road infrastructure.

Tsvetan Simeonov presented the Chamber’s cooperation with business organisations from Turkey at international and regional level, as well as the new developments in the activities of the BCCI – mainly in the processes digitization, the Chamber’s mobile application, barcodes, Arbitration Court and others. He noted that the partnership between BCCI and DEIK will go further with new initiatives.

Stefan Arnaudov from the Bulgarian Trade and Economic Affairs Service in Istanbul said that visa regime for the Turkish citizens is the main problem, but it’s been planned to facilitate visa issuing procedures and provide possible travel package services.

Bulgaria’s advantages as an attractive location for business and investment were presented to the participants of the forum.

Bulgarian companies were given the opportunity to meet with potential partners from sectors of financing, textiles, law and consultancy, freight elevators, production of tanks and containers.

18-06-2014 - Delegation from Plovdiv region presented business opportunities in the region in two consecutive Forums in Istanbul and the city of Izmit, TurkeyLINK

In order to promote mutual investments and economic relations between Bulgaria and Turkey in April the Governor of Plovdiv was invited by the Office of Trade and Economic Affairs / at STEVE / at the Consulate General of the Republic of Bulgaria in Istanbul, Turkey. The invitation foresees a thematic conference at STEVE - to present the districts of Plovdiv and Burgas into a format: governor, mayors, representatives of companies with business opportunities. The event was held within two days in two different cities - Istanbul and Kocaeli, Izmit.

On the first day of the conference in Istanbul, the governor presented the plans for economic development, specific preconditions, regional programs and infrastructure projects, infrastructure characteristics, analysis of the labor market and business development opportunities of Plovdiv. Ventzislav Kaymakanov highlighted the infrastructure projects, investment opportunities in the agricultural sector, industrial zones, Plovdiv airport and the project "Intermodal Terminal" Zlatitrap. The presentations were made by the mayors of two municipalities in Parvomai and Maritsa to which was requested preliminary interest from Turkish businessmen. The mayors included in the group - Angel Papazoff and Dimitar Ivanov acquainted the audience with the advantages of the municipalities that govern, municipal development plans and availability of labor. Huge interest made the presentation of Trakiya economic zone. The delegation included representatives of business in those municipalities and later in individual meetings with more than 20 Turkish companies, were able to establish contacts with Turkish businessmen and visit leading Turkish companies. The visit continued with a meeting with the Mayor of Istanbul - Kadir Topbas, who introduced his guests with major infrastructure projects implemented in Istanbul. During the visit the Bulgarian delegation met with representatives of the Council for International Economic Relations of Istanbul (DEIK), deputy governor of Istanbul and Kocaeli.

In Kocaeli, Izmit the presentation of Plovdiv made Ivanka Petkova, Deputy District Governor of Plovdiv region. Along with Dobrina Prodanova - Chairman of the Chamber of Commerce and Industry Plovdiv, the mayors of Purvomai and Maritza, Faik Kurkmaz -representative of Thrace Economic Zone in the second day of the forum the delegation visited a Turkish yacht factory, Chamber of Commerce-Izmit and held numerous meetings with business representatives in Kocaeli.

17-06-2014 - Bulgaria's Business Environment Ranks 46th WorldwideLINK

Bulgaria ranks 46th in the world in terms of business environment for the period 2014-2018, surpassing Romania and Italy, according to the Economist Intelligence Unit.

Bulgaria has moved one spot ahead compared to the previous ranking for the period 2009-2013, BGNES reports.

Turkey ranks 44th, Romania, Greece and Serbia lag behind Bulgaria, at the 47th, 62nd and 65th place, respectively.

Singapore remains the best country for investment in the world, Switzerland and Hong Kong also keep respectively the second and the third place. Canada, Australia, Sweden, New Zealand, Finland, Denmark and Norway round out the top 10 ranking.

Despite the potential of the rapidly developing markets and the developed economies in North America, Europe and Asia are still the best places to do business, the ranking of the Economist Intelligence Unit showed.

11-06-2014 - Bulgaria: China’s gateway to the EULINK

Until 11 June more than twenty Bulgarian companies in the food and wine sector, together with producers of cosmetics, essential oils and electronics, are taking part in an exhibition of products from Central and Eastern Europe in the Chinese city of Ningpo. According to the Bulgarian Minister for the Economy, Dragomir Stoynev, Bulgarian exports to China have increased by twenty per cent over the past few months. Gao Hucheng, China’s Minister for Commerce, has confirmed that Bulgaria remains his country’s strategic partner in Central and Eastern Europe. But what’s in it for Bulgaria and the Asiatic republic when the Chinese think in a decidedly global dimension? Comments from Ivo Todorov, President of the Bulgarian Exporters Association:

Is it true that exports to China have increased over the past few months?

“What we can see is a long-term trend in Bulgarian-Chinese relations with steady growth over the past three years or so, so yes, things are moving. But it’s too early to get over-excited about it yet.”

How can Bulgarian businesses cope with the harsh competition over there? What’s important for them?

“Bulgarian businesses rely on their own competitiveness. Slowly but surely they’re entering the international arena and it’s quite normal for them to look for new markets. Particularly right now when it’s not business as usual in our main markets like Ukraine and Turkey, and that means that companies are looking for alternative outlets on new markets.”

What sort of things are we exporting?

“Right now we can’t say that any particular industry has a strong foothold on the Chinese market, which is why I wouldn’t say that there’s going to be a boom in business relations between Bulgaria and China. We export different Bulgarian foods like cheese and milk. We’re also trialling exports of investment goods like industrial machines and equipment. But for me the situation is currently too unstable to be able to say that things are really on the up. Just now it’s a case of seeing how Bulgarian products fare on the Chinese market.”

We know that the Chinese are very keen to invest in Central and Eastern Europe and in Bulgaria. They’ve set aside 10 billion US dollars for the region.

“The Chinese want to explore opportunities for investing here because they see Bulgaria as an interesting location at the gateway to the EU. China’s Export-Import Bank has a lot of money that it’s looking to invest. Right now they’re looking at investment opportunities. They’re not so interested in importing Bulgarian products; it’s more a question of investing in the European Union.”

Could it be that marketing Bulgarian products in China is a gesture towards us and allowing Chinese investors to get a foothold in Bulgaria and the surrounding region? Because “Made in the EU” opens doors around the world while “Made in China” has a more limited appeal? Are they making eyes at us?

“Of course they are, but we shouldn’t be afraid. For one thing, over the past three years there has been a gradual reduction in foreign direct investments in Bulgaria, which are important for the country’s GDP. So attracting more investments to Bulgaria is a good thing for the country, and China is a major foreign investor. Chinese companies have taken their first steps here with some medium-sized investments which are already up and running. They have experience working in Bulgaria and I think they’ll continue to invest more here. But the direct answer is yes: they are making eyes at us.”

English: Christopher Pavis

06-06-2014 - "Litex Motors" will invest 70 million euros in its plantLINK

"Litex Motors" - Bulgarian car manufacturer of the Chinese brand "Great Wall", will invest in its plant in Lovech about 70 million euros in new halls for welding, metalworking and painting. The entire production process should be completed in 4 years period in the village Bahovitsa, near Lovech. At present, the enterprise mainly assembled vehicles, chassis and other components are supplied from China.

Construction of the new plants should begin in late 2015, and the annual capacity of each of the halls will be 50 thousand cars. So is the maximum capacity of the whole plant at the moment which can be increased to 70 thousand cars.


04-06-2014 - New hit for traders: Hire warehouse near highway TrakiaLINK

Strong demand for warehouses in Plovdiv area reported by "Galaxy Property Group", said the investment company. Formed near Trakia highway industrial areas have become the center of attraction of many companies in the field of mechanical engineering, automation, logistics and production.

In turn, the development of industry increasing the demand for suitable storage facilities.

To meet the requirements and the demand in this segment Galaxy Property Group leases warehouses in villages Benkovski and Stryama. Warehouse Stryama is available 8 km from the Trakia highway and 15 km from Plovdiv. The area of ??the warehouse Stryama is 33, 000 square meters and the warehouse is 14,000 square meters There are built 30 warehouses capable of merging.

The base in Benkovski is located next to the Trakia Motorway and 7 km from Plovdiv. The plot area is 18,000 m2 total area is 8500 square meters warehouses with the possibility of merging. There are a total of 20 built warehouse. The key location of bases makes them preferable for companies in the region.

Plovdiv has emerged as the most attractive place for investments in Bulgaria for the development of industrial parks and concentration of industry leading export companies. There are the largest in the country logistics centers and industrial parks. Global companies are choosing to invest in the region of Plovdiv, because there are optimal combination of quality infrastructure, lower operating costs better skilled workforce.

31-05-2014 - Huawei interested in developing the economic zone in Bulgaria’s PlovdivLINK

Plovdiv. Chinese technological giant Huawei is interested in taking part in the technological renovation of Trakia Economic Zone, comprising of the six industrial zones surrounding Bulgaria’s second biggest city of Plovdiv, Bulgarian Capital Daily newspaper writes.
The envisaged projects regard the establishment of an intelligent transportation system between residential areas and plants, the improvement of communication between companies and their inclusion in a system for resource sharing and energy efficiency, as well as setting up data centres.
This would attract even more investors to the zone.
Sienit Holding and Huawei signed a memorandum for cooperation days ago during a Bulgarian-Chinese business forum in Plovdiv.

30-05-2014 - Bulgaria Best Balkan Country to Invest in, Foreign Policy MagazineLINK

Bulgaria ranks 28th in the Foreign Policy Magazine's "Baseline Profitability Index", measuring countries' attractiveness for foreign investors.

Among the countries of the Balkan peninsula, Bulgaria is the highest ranked. Right behind, in 29th place, is ranked Macedonia. Romania is 43rd, Albania 53rd, Serbia 55th, Slovenia 74th, Turkey 79th, Croatia 90th, and Greece 101st.

Bulgaria keeps its position unchanged compared to 2013.

The BPI measures countries based on rates of return, political stability, corruption, investor protection, and exchange rates

The top 3 countries in the ranking remain unchanged from last year (Botswana, Hong Kong, Taiwan). The highest-ranked EU country is Poland, in 14th place.

29-05-2014 - Enhancing the cooperation between the BCCI and the Embassy of Turkey – joint efforts to support businessLINK

H.E. Mr. S?leyman G?k?e, Ambassador of the Republic of Turkey to Bulgaria, visited the BCCI and had talks with President Tsvetan Simeonov.

They discussed topics related to developing and enhancing the bilateral trade and economic relations.

Ambassador G?k?e shared information on the certain difficulties that Turkish investors in Bulgaria encounter with, and outlined the possible steps in overcoming them in the field of infrastructure and the work of administration. Many efforts are to be made towards improving the infrastructure of the border regions, and intensifying the business information exchange between the government institutions of the two countries.

Another subject to discussion was the development of the gas interconnection Bulgaria – Turkey and its importance for the energy security, diversification of sources and stability of prices of the gas supplies to Bulgaria.

The need of further enhancement of the cooperation between the BCCI and the Embassy of Turkey was unanimously emphasized towards joint endeavors to promote businesses in the two neighboring countries.


Bulgaria bids to host an agricenter of China and 16 Central and Eastern European countries

“Bulgaria and China have historically good and friendly contacts. Both sides can benefit from mutual cooperation and we are working in this direction”, Prime Minister Oresharski said during his meeting in the Council of Ministers with Ms. Sun Chunlan, Secretary of the Chinese Communist Party in the city of Tianjin and permanent member of the Politburo of the CCP. Prime Minister Oresharski and Ms. Sun Chunlan agreed that there was great potential for cooperation between the two countries in areas such as infrastructure, industry, agriculture and tourism. Mr. Oresharski emphasized the importance of attracting Chinese companies to operate and invest in Bulgaria . “We strive to be a bridge for the Chinese industry in Europe”, the Prime Minister said. He announced Bulgaria’s hosting bid in conjunction with a project to build an agricenter of China and 16 Central and Eastern European countries.

Ms. Sun Chunlan stressed that for China, Bulgaria was a key partner in the EU. She emphasized cooperation with countries of Central and Eastern Europe. She pointed out that Tianjin is the largest port city in North China with the ambition to become an international hub port and develop high technology. “Your support and assistance will boost economic cooperation between Bulgaria and China”, Ms. Sun Chunlan told Prime Minister Oresharski . She also noted the traditionally friendly relations between the two countries and gave Mr. Oresharski Chinese Prime Minister Li Keqiang’s regards. “Prime Minister Li Keqiang is welcome in Bulgaria when he plans a visit to the region”, Prime Minister Oresharski pointed out.

10-05-2014 - VMZ Sopot will assemble Chinese tractorsLINK

Chinese manufacturers of agricultural machinery are interested to partner with "Vazovski machine factories" (VMZ) in Sopot, where to assemble machines.
It was agreed during the visit of the Minister of Agriculture and Food - Dimitar Grekov in China, writes, citing information from the MAF.

Minister Grekov and the chairman of the board of directors of VMZ Sopot Manol Manolov met with representatives of the company LAVOL, which is the main producer of agricultural and construction machinery in China.

It is agreed by the end of May this year the Chinese businessmen to visit Bulgaria and get acquainted with the conditions offered by the factory.

In his meetings Grekov was negotiating Bulgaria to become a host of the 9th Agroforum of the countries of Central and Eastern Europe and China.

Traditionally, this forum is held every autumn in China's Anhui Province and gathers the parties of the "16 + China."

For the first time at the meeting of the Prime Ministers in Bucharest in November last year it was decided to hold the event outside of China. Over one year a host will be each one of the 16 countries from the Initiative.

Also was discussed the construction of a center for cooperation in agriculture, which the Chinese government wants to create in one of the Central and Eastern European countries.

During the visit were discussed and the opportunities for export of Bulgarian agricultural production, as well as new investments in Bulgaria. Minister of Agriculture and Food invited the leading Chinese companies to visit the country and meet with Bulgarian manufacturers of cereals and other oilseeds.

07-05-2014 - Turkish hoteliers will invest millions in BulgariaLINK

One of the biggest Turkish hotel chains "Alkochlar" will invist thousands of euro in the tourism in Bulgaria over the next years. The first investment of the businessmen from our southern neighbor is renting for years the four star "Grand Hotel Murgavetz" in Pamporovo. The building will remain the property of the chain "Sharolopov Hotels". We believe that over the next 10 years, Bulgaria will be one of the biggest tourist hits on the Balkans, so over the next three years we will invest here, said the Turkish owner of the chain - 66 -year-old Ender Alkochlar.

We are looking for other hotels in which to invest - in the winter resorts Bansko and Borovets, at sea - in Sunny Beach region, explained Alkochlar. Together with our partners we foresee tour and charter flights to Sofia, Burgas and Plovdiv, he explained. The main tourists who we are counting on are Turkish, Russian, Belarusian and Azerbaijan citizens, said the investor. According to Alkochlar in our country will come more Turkish tourists if the visa regime between the two countries is facilitated. The turkish chain manage hotels in the seaside resorts of our south neighbors in Kusadasi, Bodrum and Cesme and Turkey's most popular ski resort Uluda - one of the most famous places in the world Istanbul.


26-04-2014 - Minister Danail Papazov inspects the construction works along the railway section Septemvri-PlovdivLINK

The modernization of the railway station in Pazardjik will be completed by 15 September 2014, said the contractors of the project during the inspection of the site carried out by Minister of Transport, Information Technology and Communications Danail Papazov. Besides the project for rehabilitation of the station the three sections of the project for modernization of the railway line Septemvri-Plovdiv were also inspected. Currently there are ongoing works on these projects and the construction schedule is being observed.

Under LOT 1 (Spetemvri-Pazardjik) of the project “Modernization of the railway section Septemvri-Plovdiv – part of the Trans-European railway network” a temporary railway line between the stations of Septemvri and Zvanichevo and a bridge at the 106+700 km. At the moment there are dismantling works carried out along the overhead line and the rail road on the line.

Under LOT 2 (Pazardjik-Stamboliiski) there are digging works being carried out and they are expected to be completed by the beginning of next week so that the construction of the line can start.

The greatest physical progress was reported on LOT 3 (Stamboliiski-Plovdiv). Some 4.5 km of railways have been laid, which comprises half of the line in one direction. The contractor foresees some 8.2 km of railways to be laid by 15 July, as well as the pillars of the overhead line. There are active works on the rehabilitation of the bridge over Vucha River.

The design on LOT 4 “Design and construction of signaling systems in the section Septemvri-Plovdiv and telecommunications Sofia-Plovdiv” has completed. There is a construction permit obtained and the physical implementation is to be initiated.

The total value of the project Septemvri-Plovdiv, which is being implemented under OP Transport 2007-2013, is about 630 million levs and the project is expected to be completed in the summer of 2015. The section which is being modernized encompasses about 110 km of rail road.

The Deputy Minister of Transport, Information Technology and Communications Peter Kirov, representatives of the Managing Board of OP Transport and National Railway Infrastructure Company participated in today’s inspection.

07-04-2014 - Bulgaria's Burgas, Turkey's Lozengrad Mull Railway LineLINK

Bulgaria's Burgas and Turkey's K?rklareli (Lozengrad) are to sign an agreement on conducting feasibility studies for a railway line connecting the two municipalities.

The document is to be signed during the first international investment forum titled "The New Economy of Bulgaria – the Road East" to be held on April 9 - 10 under the aegis of Deputy Prime Minister Daniela Bobeva, according to reports of the Bulgarian National Radio (BNR).

Pavel Marinov, District Governor of Bulgaria's Black Sea city of Burgas, explained at a press conference on Monday that the feasibility studies were to identify probable economic benefits from the railway line, the amounts of cargo which could be transported, the option of opening it to passenger trains, and the environmental risk during construction works.

04-04-2014 - Bulgarian forum for Turkish - Bulgarian businessLINK

The Executive Director of InvestBulgaria Agency Mr. Svetoslav Mladenov was a guest - lecturer at Bulgarian forum for Turkish - Bulgarian business, focused on best practices and investment opportunities, focused on the collaboration and partnership between Bulgaria and Turkey. The forum was held on 3 - 4 April in Burgas in order that those bilateral meetings to contribute to the creating new and strengthening existing business contacts between the two countries.

Mr. Mladenov presented data and analysis of the investment climate in Bulgaria, the main advantages and macroeconomic indicators of the country as a good business partner. The opportunities for the development of economic relations between the two countries and tools to attract new investment were discussed.

24-03-2014 - Bulgarian-Chinese Business forum “Plovdiv – Shenzhen: Investment and Cooperation Conference 2014” to be heldLINK

Bulgarian second-biggest city Plovdiv will host the Bulgarian-Chinese Business forum “Plovdiv – Shenzhen: Investment and Cooperation Conference 2014”, the organisers of the event announced.
Some 50 of the most important Chinese companies will participate in the forum. A big part of them are leading names not only in China but also in the world.
The Bulgarian companies will have meetings with Chinese partners.
The will also be an exhibition called “Made in Shenzhen” at which high-tech products will be displayed in the corridors and lobby of Novotel Plovdiv. The visitors will have the chance to see tablets, smart phones, smart players, cameras and others.
The event is organised by Plovdiv Municipality, Shenzhen Municipality, the Bulgarian-Chinese Business Development Association /BCBDA/ and the Shenzhen branch of China Council for the Promotion of International Trade /CCPIT Shenzhen/ jointly with the Embassy of the People's Republic of China to Bulgaria.

21-01-2014 - Bulgarian Real Estate Attracts Turkish BusinessesLINK

Turkish investors are interested in renting or purchasing real estate property in the South Bulgarian city of Plovdiv.

These are usually businessmen looking for production or trade sites, as well as warehouses, according to the annual analysis of the Association of Realtors in Plovdiv.

So far, the foreign investors interest has not affected the real estate prices in the area and they remain stable.

Among the top property buyers in Bulgaria are citizens and businesses from Russia, Greece, Cyprus, Israel. The prognosis of the realtors is for near future investments from affluent citizens of Middle Eastern and African countries.

The Association of Realtors reports another tendency – the exchange of property between Greeks, Russians and Brits.

Russian citizens are mostly interested in purchasing real estate on the Bulgarian South Black sea coast. Prices there vary between EUR 500 – EUR 1000 per sq.m.

Due to the high demand in the area, new construction flourishes.

17-01-2014 - Turkish companies are planning investments in PlovdivLINK

Bulgaria's membership in the EU is an advantage for Turkish entrepreneurs.

Turkish companies are interested in investing in Plovdiv industrial complex "Trakia economic zone" in the sectors of the automobile industry and agriculture. This explained the governor of Bursa M?nir Karaloglu during the visit of a Bulgarian business delegation led by the two managers of "Trakia economic zone" - Dr. Nikola Dobrev and Plamen Pantchev, announced stroimedia.

"Bulgaria is a member of the European Union (EU) and for the Turkish investors it can be a big advantage," said Karaloglu.

The Bulgarian business delegation presented the advantages of "Trakia economic zone", which is one of the largest Bulgarian economic projects. The Industrial territory unites 6 zones in the region of Plovdiv. So far there have been invested over 120 thousand foreign and Bulgarian entrepreneurs.

"Trakia economic zone is a unique project - there are areas in the agro sector, in high-tech sector, and some with a focus on the heavy industry. The investor has real choices," explained Dr. Nikola Dobrev the Turkish businessmen.

07-10-2013 - China looks carefully at our canning factoriesLINK

Chinese companies will invest in companies for processing and preservation of Bulgarian foods which to export to the Asian market. This was announced by Vice-President of the Bulgarian Chamber of Commerce Georgi Stoev after the Bulgarian-Chinese business forum.

"We have already companies that have bought land. In Bulgaria they are looking mainly for creating agricultural production for export to the Chinese market," said Stoev.

10-09-2013 - China wants to invest in Bulgarian State RailwaysLINK

China is interested in investments in Bulgaria, particularly in infrastructure, railways and tourism, Prime Minister Plamen Oresharski has informed.

Oresharski is in China for a working visit, held between September 8 and 12.

He presented the above information after meeting with the Chair of the State Council of the People Republic of China Li Keqiang.

In addition to the expressed investment interest, Li Keqiang had asked for equal treatment of Chinese companies in Bulgaria.

The meeting has been held in the State residence in the suburbs of the city of Dalian.

Oresharski has stressed upon the great disposition of his Chinese hosts towards Bulgaria, announcing he had invited Chinese business representatives for a visit to learn firsthand the investment opportunities offered by the country.

The Bulgarian PM is in China to attend the so-called "Annual Meeting of the New Champions" AKA "The Summer Davos," and will be one of the six Prime Ministers to take part in it.

Oresharski will have the opportunity to share his ideas and his vision during a discussion titled "New Beginning for Europe," in the presence of his counterparts from Belgium, Finland, and Malta.

The foremost business gathering in Asia within the framework of the World Economic Forum for 2013 is taking place in Dalian.

The forum brings together more than 1 600 participants from 90 countries and 95 nationalities to share strategies and solutions and discuss global issues and risks.

Young scientists, technology pioneers, social entrepreneurs, global growth companies, young global leaders and more than 300 journalists will also take part in the forum.

In a statement last Wednesday, Oresharski stressed he hoped for a strong boost in economic and trade cooperation with China.

The Bulgarian delegation also includes Bulgaria's Deputy PM for Economic Development, Daniela Bobeva and Minister of Agriculture and Foods, Dimitar Grekov.

31-05-2013 - China to build industrial park in BulgariaLINK

A mega project for a Chi­nese invest­ment in an indus­tri­al park is set to be sub­mit­ted for con­sid­er­a­tion by the Bul­gar­i­an gov­ern­ment, Chair­man of Bul­gar­i­an Trav­el and Invest­ment Devel­op­ment Cen­tre in Chi­na Ivan Todor­ov announced dur­ing the Dis­cov­er and Invest in Bul­gar­ia busi­ness forum held in the Bul­gar­i­an city of Plov­div from 27 to 29 May.

The event drew more than 160 rep­re­sent­a­tives of almost 90 Chi­nese com­pa­nies, trav­el agen­cies, cham­bers of com­merce and indus­try and oth­er organ­i­sa­tions. As well as 250 Bul­gar­i­an del­e­gates.

Accord­ing to the rep­re­sent­a­tive of the Bul­gar­i­an Con­su­late in Shang­hai Kras­tio Bel­ev, two more auto­mo­tive giants in bus man­u­fac­tur­ing in Chi­na will open facil­i­ties in Bul­gar­ia soon. Two oth­er com­pa­nies have also sig­nalled inten­tions to invest in bus and bus parts pro­duc­tion facil­i­ties in Bul­gar­ia, see­ing it as the first step in tap­ping Euro­pe­an mar­kets.

A Chi­nese invest­or is plan­ning to plough ?10 mil­lion in a pol­y­eth­yl­ene pipes fac­to­ry joint-ven­ture with a Plov­div-based con­struc­tion com­pa­ny. The ven­ture will cre­ate 120 jobs. The prod­uct man­u­fac­tured will be unmatched on the Bul­gar­i­an and the Euro­pe­an mar­kets.

Seek­ing to make it eas­ier for Chi­nese trav­el­lers to vis­it Bul­gar­ia, the cre­a­tion of a Wenz­hou-Sofia char­ter line is in the pipe­line. Every year almost 1.2 mil­lion peo­ple trav­el to Europe from this city, locat­ed about 200 km south of Shang­hai, Ivan Todor­ov explained.

Last year's trade between Bul­gar­ia and Chi­na is esti­mat­ed at $1.7bn with Chi­nese invest­ment in Bul­gar­ia for the last two years amount­ing to ?67m. The Bul­gar­i­an Min­is­try of Econ­o­my, Ener­gy and Tour­ism aims to draw stra­te­gic invest­ors from Asia in a recon­struc­tion project for the car­go air­port in the city of Stara Zag­o­ra.

"We are will­ing to share the Chi­nese dream of turn­ing glob­al oppor­tu­ni­ties into Chi­nese and Chi­nese into glob­al ones for com­mon devel­op­ment and boom. Chi­na's prime min­is­ter announced in War­saw last year 12 ini­ti­a­tives to boost coop­er­a­tion with East­ern Europe, includ­ing a spe­cial $10-bil­lion cred­it line, an ini­ti­a­tive for the cre­a­tion of a $3-mil­lion Chi­na-Cen­tral and East­ern Europe invest­ment fund and joint eco­nom­ic and cul­tur­al events," H.E. Guo Yez­hou, Ambas­sa­dor of the Peo­ple's Repub­lic of Chi­na to the Repub­lic of Bul­gar­ia said at the open­ing of the forum.

21-05-2013 - Chinese company exploring investment opportunities in BulgariaLINK

Representatives of the Chinese company "Honghua International" CO - Julia Jin and Herman Young - visited BCCI. The visit was realized with the assistance of Anastas Terzobaliev, CEO of the International company for development of tourism and real estate.

From Chinese side was represented the company's operations, which employs more than 7,000 employees and is a top manufacturer of drilling equipment and pumps for exploration and extraction of oil and gas. The representatives of "Honghua International" CO examine the investment opportunities in the country.

By BCCI was argued that there is equality in the service of foreign and local investors. The strategic location of Bulgaria is a major advantage, as the country is a gateway for entering the European market and also the way to Arab countries.

05-12-2012 - Messina e Catania sedi degli europei maschili 2015LINK

L'organizzazione ? stata assegnata congiuntamente ad Italia e Bulgaria che ospiter? la fase finale.

Italia e Bulgaria ospiteranno i Campionati Europei Maschili di 0pallavolo 2015, superando la concorrenza di Finlandia ed Estonia per l'organizzazione del torneo 2015. La rassegna continentale si disputer? in cinque citt?: Varna, Plovdiv, Sofia, Messina e Catania. La fase finale sar? ospitata dall'Armeec Arena di Sofia che gi? nel luglio scorso era stata teatro delle finali della World League. Per l'Italia, dunque, un altro appuntamento internazionale che succeder? ai Mondiali Femminili in programma nel 2014. "L'assegnazione degli Europei maschili ? un altro importante riconoscimento per la nostra Federazione - ha dichiarato il presidente della Federvolley Carlo Magri - ci aspettano anni di intenso lavoro, ma sono sicuro che ripagheremo la fiducia che le istituzioni internazionali hanno riposto ancora una volta nei nostri confronti. Insieme alla federazione bulgara faremo del nostro meglio per far s? che gli Europei rappresentino un successo tecnico e organizzativo." La rassegna continentale femminile 2015 sar? organizzata dal Belgio e dall'Olanda. (ANSA)


Si ? tenuta lo scorso mercoled? 7 novembre presso l’Hotel dei Cavalieri, a Milano, la conferenza “Le opportunit? di investimento in Bulgaria”, organizzata da Living Law Srl, societ? specializzata in progetti di internazionalizzazione d’impresa.
Erano presenti circa sessanta persone tra imprenditori, manager e professionisti -alcuni dei quali provenienti anche dall’estero- interessati ad approfondire la propria conoscenza del mercato bulgaro. Grazie all’eterogeneit? professionale dei presenti, ? stato possibile analizzare il contesto di riferimento sotto differenti prospettive.
Dopo gli indirizzi di saluto iniziali, il Presidente di Confindustria Bulgaria Pietro Luigi Ghia ha illustrato ai presenti le possibilit? offerte dal Paese, privilegiando un approccio pratico e sottolineando in particolare gli aspetti relativi alle singole esperienze imprenditoriali di successo.
A seguire, il Console Onorario d’Italia a Plovdiv ha relazionato sulle opportunit? di insediamento nel territorio locale per le imprese italiane, enfatizzando i possibili vantaggi derivanti dal basso costo della manodopera e dal buon livello delle infrastrutture nei distretti industriali.
Per meglio evidenziare le concrete possibilit? di investimento e di insediamento sul territorio bulgaro, Alberto Anselmetto, amministratore della Bulgarstroy Engineering, (associata alla Confindustria Bulgaria) ha presentato il progetto “Orizari Multicenter”, un’area industriale sviluppata in prossimit? della citt? di Plovdiv. Il progetto presentato riflette tutte le caratteristiche che fanno dell’area un luogo strategico per le imprese italiane: prossimit? ai collegamenti internazionali e apertura ai nuovi mercati; eterogeneit? dei servizi nella medesima area geografica; soluzioni personalizzate alle esigenze del cliente; convenienza economico-fiscale.
L’Avvocato Antonio Palumbo, Partner di Living Law, si ? dedicato successivamente all’analisi del sistema fiscale bulgaro evidenziandone gli aspetti maggiormente competitivi per la collocazione di una realt? produttiva nel Paese. L’intervento ? stato integrato da quelli del Dr. Luca De Marco e dell’Avvocato Salvatore Arcadipane, rispettivamente sulla Convenzione Italia-Bulgaria e sulla contrattualistica internazionale.
A chiudere l’evento, la Dott.ssa Federica Valente di Unicredit ha approfondito il tema del sistema bancario locale e dei servizi finanziari erogati a supporto delle imprese che investono in Bulgaria.

01-11-2012 - BULGARIA Convegno: Le opportunit? di investimento in Bulgaria - Milano 7 novembre 2012LINK

Living Law Srl, societ? leader in Italia nell'organizzazione di corsi di formazione e conferenze in ambito economico e giuridico internazionale, ? lieta di invitarLa al convegno gratuito:
"Le opportunit? di investimento in Bulgaria".
7 novembre 2012
Hotel dei Cavalieri - Piazza Missori 1, Milano

La Bulgaria, Paese ricco di storia e tradizione, rappresenta attualmente un mercato in rapida crescita, indubbiamente uno dei pi? attraenti nell'ambito della U.E. per le opportunit? e i vantaggi che offre alle imprese europee, e segnatamente italiane, sia in termini di delocalizzazione dell'attivit? produttiva, sia quale centro strategico per le politiche di sviluppo commerciale in tutta l'Europa dell'Est.

Nel corso dell'intervento saranno approfonditi gli aspetti legislativi, burocratici, fiscali e logistici che interessano l'imprenditore che intende valutare le opportunit? di investimento e di insediamento in Bulgaria.

Il seminario annovera, tra i relatori, importanti e stimati professionisti che gi? operano sul mercato locale e prevede inoltre la presenza di imprenditori e manager italiani, testimoni dei benefici e risultati conseguiti attraverso gli investimenti avviati in questi ultimi anni in Bulgaria.

Per visualizzare il programma e i dettagli del convegno > clicca sotto

Vai al modulo di iscrizione online > clicca sotto
La partecipazione ? gratuita, i posti sono limitati, per ragioni organizzative si prega di confermare per tempo l'adesione.

Per ulteriori informazioni:

Living Law Srl
Milano, via P. Calvi 9/11
tel +39 02 5411 6679

22-06-2012 - China is interested in hydro projects in BulgariaLINK

On 22 June 2012, representatives of the Chinese company Sinohydro Group visited BCCI and met with the President of the Chamber and their Bulgarian colleagues working in the field of hydro power.

Lv Liushan, General Manager of the company briefly presented its activity. Established in 1950, Sinohydro Group is the largest organization developing hydro projects in China. The company works in 4 fields – design and construction of hydro power facilities, installation of hydro power plants, construction of infrastructure, investments in the field of hydro power. Currently the company is implementing 400 projects in 60 countries worth a total of USD 30 billion.

BCCI’s President Tsvetan Simeonov introduced the guests to the business conditions in our country and offered Sinohydro assistance for finding partners and projects in Bulgaria. The company seeks to start business in Europe and already has some experience in Serbia and Poland.

Mr. Eugeni Stantchev, Director of Business Development of Vaptech Ltd. and Dimitar Popov, Executive Director of Sweco Energoproekt also took part in the meeting. The two companies presented the hydro power sector and planned projects in Bulgaria and offered their expertise and help to the Chinese partners.


Gli edifici statali e comunali potrebbero essere riscaldati a costi molto pi? efficienti con l'uso delle biomasse", ha riferito marted? l'ex Vice Ministro dell'Energia e direttore della Biopower Jsc, Yotsev, in un forum tenutosi sull'uso delle materie prime. I rappresentanti delle imprese hanno chiesto misure aggiuntive volte a stimolare l'utilizzo di materie prime per il riscaldamento. "Attualmente il progetto ? di difficile attuazione, anche se il riscaldamento con biomasse ? di gran lunga pi? conveniente rispetto a quello con combustibili liquidi", ha spiegato Yotsev, aggiungendo che circa 100 citt? del paese potrebbero essere rifornite di energia tramite gli impianti di riscaldamento a biomassa. Secondo i dati del Ministero dell'Economia, Energia e Turismo, allo stato attuale, sono state presentate circa 15 domande per la realizzazione di progetti a biomassa per una potenza complessiva di 68 MW. Nel corso del dibattito ?, inoltre emerso che, pur essendoci abbastanza progetti che coinvolgono le biomasse, il loro sviluppo risulta ancora lungo e di difficile praticabilit? senza un quadro di investimento approvato dai Ministeri dell’Economia, dell’Agricoltura e dell’Ambiente.


La linea aerea regolare Mosca – Plovdiv parte da Capodanno fino la fine di marzo, ha annunciato il direttore dell’aeroporto Doicin Angelov. Il mercato russo ? in crescita, la destinazione stagionale sar? molto attiva all’inizio di gennaio, il periodo del Capodanno russo. Le aspettative sono, che solo dai voli charter devono atterrare tra 15 000 e 20 000 passeggeri, ma la cifra esatta pu? essere evidente soltanto la primavera. Tre volte di pi? sono i passeggeri passati attraverso l’aeroporto di Plovdiv durante quest’anno rispetto quello scorso. L’anno ? stato favorevole nonostante la chiusura della linea Milano- Plovdiv. Almeno ancora una linea regolare e ancora una compagnia aerea, oltre “Raynair”, si aspettano per l’aeroporto di Plovdiv nel 2012.

16-11-2011 - MATCHING

Dal 21 al 23 novembre 2011 la Bulgarstroy Engineering parteciper? al MATCHING, un evento di business, organizzato dalla CDO (Compagnia delle opere), che verr? svolto nell’ormai tradizionale cornice di fieramilano a Rho (MI). Participazione prevista di pi? di 2.500 imprese, provenienti da 40 Paesi selezionati.
MATCHING ? un appuntamento, che si basa sulla programmazione di incontri fra i partecipanti ed ? fondamentale per sviluppare relazioni di business. Dettagli su:


L’Istituto Nazionale di Statistica (NSI) ha rilasciato, ieri, i risultati preliminari sull’indice di produzione industriale. Secondo il report quest’ultimo ? aumentato nel settembre del 2011 dell’1,5% su base annuale, mentre su base mensile l’incremento e’ stato dell’1%.
Nello specifico su base mensile, sempre nel mese di settembre, l’indice destagionalizzato della produzione nel settore minerario – industria estrattiva – ? aumentato del 10,2%. Il settore manifatturiero ha registrato un incremento del 3,7% mentre la fornitura di elettricit?, gas e aria condizionata e’ diminuita del 7,2%.
Per quanto riguarda il settore manifatturiero gli incrementi piu’ consistenti sono stati registrati nel sottosettore della riparazione ed installazione di macchinari ed attrezzature (40,8%) e fabbricazione di prodotti in metallo (14,7%), mentre si registra un decremento nel settore tessile (14,3%).
Su base annuale, invece, l’indice di produzione industriale e’ cresciuto del 7,7% nel settore minerario, del 2,7% in quello manifatturiero, mentre e’ diminuita del 5,1% la fornitura di elettricit?, gas e aria condizionata.


L’agenzia governativa InvestBulgaria ha pubblicato un catalogo che comprende 129 potenziali progetti di investimento in Bulgaria. Sviluppato da un team di esperti in collaborazione con comuni ed aziende private, il documento presenta diversi progetti suddivisi nelle seguenti categorie: turismo, produzione, urbanistica, real estate, fonti energetiche rinnovabili, commercio e progetti innovativi.
Il catalogo fornisce, inoltre, informazioni dettagliate su ogni progetto quali stato dei lavori, proprieta’, infrastrutture, valore stimato ed informazioni di contatto.
Per accedere al report completo e’ sufficiente ciccare su “link”.


L’Istituto Nazionale di Statistica (NSI) ha pubblicato i dati preliminari riguardanti le esportazioni bulgare durante il periodo gennaio–luglio 2011. Il report evidenzia una crescita del 38,2%, su base annuale, delle esportazioni della Bulgaria verso l'Unione Europea. Il valore totale di quest'ultime, durante il periodo analizzato, e' stato pari a 13,8 miliardi di lev. Tra i partner principali Germania, Romania, Italia, Grecia e Belgio, che rappresentano il 67,6% delle esportazioni verso i paesi membri. Sono stati evidenziati, inoltre, notevoli incrementi nelle esportazioni verso Malta, Portogallo e Danimarca.
Per quanto riguarda le importazioni, queste sono cresciute del 20,2% ed il valore totale durante il periodo considerato e' stato pari a 14,3 miliardi di lev, con un incremento degli ordini provenienti da Malta e Lituania.
Solo nel mese di luglio le esportazioni sono aumentate del 15,5 % mentre le importazioni sono cresciute del 18,4%. Il report dell'Istituto Nazionale di Statistica riporta un sostanziale incremento del commercio estero in tutti i settori ma soprattutto in quello chimico e manufatturiero.


Secondo quanto dichiarato dal Ministro dell’Economia Traikov partira’, tra poche settimane a Sofia, l’installazione di postazioni per ricaricare le auto elettriche. Al contempo il Ministro si e’ detto intenzionato ad introdurre degli incentivi per l’acquisto e l’utilizzo dei veicoli elettrici come, ad esempio, l’esenzione del pagamento dell’imposta sul valore aggiunto (IVA), eliminazione delle tasse di registrazione e parcheggi privilegiati. Il Ministro ha, inoltre, espresso la volont? di avviare nel lungo periodo un progetto su larga scala, come quello parigino, per l’affitto e la condivisione di auto verdi e biciclette.


Secondo i dati pubblicati da un recente studio dell’EC Harris, societ? di consulenza londinese nel settore edile, i prezzi delle costruzioni in Bulgaria sono i piu’ bassi in Europa. Lo studio, prendendo in considerazione come valori i prezzi dei materiali e le spese di mano d’opera, dimostra come la Bulgaria sia tra i paesi piu’ economici nel settore delle costruzioni. L’analisi del centro studi EC Harris prende come dato comparativo i prezzi del sud est britannico e divide gli edifici in 44 categorie differenti. Tra i 56 paesi analizzati solo Ghana, Marocco, Tunisia, Cina, Indonesia, Malesia, Filippine e Vietnam hanno dei costi inferiori a quelli applicati in Bulgaria.
I primi tre paesi in termini di minor costi di materie prime sono Taiwan, India e Sri Lanka dove la costruzione di un edificio puo’ costare sino a quattro volte in meno che nel sud est britannico. I paesi in cui la mano d’opera costa meno sono, invece, Pakistan e India. Il paese piu’ costoso in assoluto risulta, invece, essere la Svizzera.


Il 29 giugno 2011, alle ore 17.00, la societ? Bulgarstroy Engineering ood. presenta il progetto “Orizari +”,
presso il centro conferenze Torino Incontra, sala Einaudi, via Nino Costa 8, Torino.
L’obiettivo dell’appuntamento e’ quello di presentare le prospettive di investimento in Bulgaria per le aziende
interessate a delocalizzare la loro attivit? in questo Paese in forte crescita economica.
Nel corso dell’evento, verranno descritti gli aspetti di investimento vantaggiosi: costo del lavoro e di produzione,
condizioni logistiche e trasporti, manodopera specializzata e a basso costo, vantaggi fiscali e opportunita’ di
mercato nella regione balcanica, eventuali problemi riscontrabili nell’aprire un’attivita’ in loco.
Si presenter? il progetto “Orizari +”, un’area di 350.000 m2 situata nei pressi dell’importante polo produttivo
costituito dalla citta’ di Plovdiv, una destinazione strategica per chi volesse avviare un’attivita’ di produzione o
commercializzazione in Bulgaria.
I partecipanti saranno circa 100, di cui importanti imprenditori e piccoli industriali regionali.
Alberto Anselmetto – Amministratore delegato Bulgastroy Engineering ood.;
Pier Paolo Gherlone - Presidente Confinprese nordovest e ConfApi;
Roberto Berutti -Sprint (Sportello Regionale per l’Internazionalizzazione, Piemonte), di cui Ministero dello
Sviluppo Economico, Istituto Nazionale per il Commercio Estero, Unioncamere in Piemonte, Finpiemonte, Sace,
Pietro Luigi Ghia - Presidente Confindustria Bulgaria;
UniCredit Bulbank.
Tra gli invitati:
Confartigianato Piemonte;
Camera di Commercio di Torino, Settore Estero.



La superstar del calcio bulgaro Hristo Stoichkov ha dato il consenso per la fondazione di un’accademia a Orizare, che porter? il suo nome. ? diventato chiaro ieri, quando il “Pugnale” insieme al suo compare- il direttore amministrativo del Locomotiv Atanas Uzunov, hanno visitato il complesso sportivo del Collegio Europeo per Economia e Management, situato a Orizare. La scuola far? parte dal progetto a Etropole, che ? stato realizzato con successo. Raggiungendo l’et? dell’istruzione superiore, i pi? bravi avranno la possibilit? di vincere una borsa di studio sportiva nel Collegio Europeo. “ Vorrei creare un’accademia di calcio privata in somiglianza al progetto di Etropole. Plovdiv mi ha dato poco, perche me ne sono andato troppo piccolo dalla citt?. Adesso per?, ci sono io che potrei dare qualcosa e lo far? con tanta voglia. Vorrei che col passare del tempo quel progetto sar? un’incubatrice per talenti, come era nei tempi Plovdiv. Ho gi? dato il mio consenso che l’accademia portasse il mio nome”, ha dichiarato Stoichkov. Dopo di che ha abbraciato uno dei suoi ex allenatori- Petar Cacarski.” Questo uomo, insieme a Oghi Atanasov hanno fato da me un calciatore. Una volta non mi hanno permesso di giocare a Botev. Dopo 30 anni avr? questa possibilit?”, ha aggiunto Stoichkov e non’ha voluto dare dei commenti sulla presentazione del nazionale ? Cerna Gora. Lui ? stato premiato da Spas Garnevski ( professore nel Collegio Europeo per Economia e Management) in occasione del decimo anniversario dalla fondazione del collegio.
Sotto il patronato di Hristo Stoichkov, il Collegio Europeo organizza un torneo di calcio nazionale per studenti. Quel torneo ? dedicato al decimo anniversario dalla fondazione del Collegio Europeo per Economia e Management e prenderanno parte squadre di calcio dagli universit? e collegi bulgari. Le partite si svolgeranno allo stadio nel complesso sportivo del collegio nel villaggio di Orizare. I finali per la coppa del campionato sono previsti per il 10 di ottobre, quando la scuola superiore deve raccogliere nella Fiera Internazionale di Plovdiv pi? di 3 mila persone, invitati per il festeggiamento dell’anniversario.



La compania nazionale “ Infrastruttura ferroviaria” ha annunciato la classifica delle imprese, che opereranno sulla sezione ferroviaria Septemvri - Plovdiv, entro 1 mese dall’ apertura delle offerte in 9 maggio 2011. La classifica ? stata eseguita per le tre posizioni dell’appalto pubblicho.
La prima sezione – la modernizzazione del tratto ferroviario Septemvri – Pazardjik, verr? costruito dal Consorzio "Svitelski – RVP Kione", Sofia, che ? stato classificato al primo posto con il prezzo di 57.083 millioni di leva e 30 punti dall’offerta tecnica. Il consorzio partecipa in tutte le classifiche. La societ? “Svitelski” sta operando ai Balcani. Insieme con “Alpine” riparano le vie ferroviarie a Bosna, riabilitano in Romania il tracciato Bucurest – Campina. “Svitelski” partecipa ai due appalti per la ferrovia “Trakia”.
In questa posizione l’offerta pi? bassa ? della societ? bulgaro- spagnola “ IGI Infrastruttura ferroviaria” - 47.533 millioni di leva, per? la commissione la definisce come un dumping.
Al secondo posto ? “Porr Technobau und Umwelt” AD, Austria.
Al terzo posto la commissione ha stabillito Associazione “Azvi – SPH”, Sofia. Il prezzo pi? basso ha dato la societ? “CMC”- “Akmar”, per? la valutazione tecnica della societ? italiana e 27 e non 30, che sarebbe il valore massimo.

La seconda sezione, il tratto ferroviario Pazardjik – Sramboliiski va a DZZD “IGA infrastruttura ferroviaria”, Varna. Con un prezzo di 49.843 millioni di leva e 30 punti dall’offerta tecnica la societ? ? stata classificata al primo posto. L’associazione ? composta da “Ghea 21 group”- holding italiano, che ha rappresentanti non solamente in Spagna, ma anche in Romania confinante, dalla spagnola IGI e dalla bulgara “Ingstroyengineering”. L’ultima sta costruendo con il programma operativo “ Sviluppo regionale”, ha gi? finito un progetto dal programma "Strade di transito"e riabilita tratti stradali nel territorio di regione Varna.
Al secondo posto ? consorzio "Svitelski – RVP Kione", Sofia.
Al terzo- Associazione “CMC – Akmar Joint Venture”, Italia.
La terza posizione ? per la modernizzazione del tratto ferroviario Stamboliiski – Plovdiv. Qui, al primo posto sta “Porr Technobau und Umwelt” AD, Austria con un prezzo di 50.934 millioni di leva e 30 punti dall’offerta tecnica. Quello ? il primo appalto in Bulgaria, nel quale la societ? partecipa, dopo l’infruttuoso appello per la scielta della societ? greca “Terna” per Krumovo – Parvomai. La compangia partecipa anche negli appalti stradali in Bulgaria. Nel nostro paese ? stata registrata come “Porr Bulgaria” Srl. Oltre in Austria, la societ? lavora e ha dei rappresentanti in Germania e Svizzera, Europa Occidentale e Europa centrale, ha partecipato in societ? pubblico- privata per la costruzione dell’autostrada M6 in Ungheria nel 2006. Usufruiscie d’una seria esperienza nella costruzione di gallerie, strade, ferrovie, gestione di progetti.
Il secondo posto sta per l’associazione “Azvi- SPH”, Sofia.
Il terzo posto - per consorzio "Svitelski – RVP Kione", Sofia.
Gli contratti con gli esecutori verranno stipulati dopo i termini legali per l’appello della decisione.
E’ previsto, che gli esecutori finiranno lavori entro la fine del 2013. Dopo la modernizzazione, le velocit? sul tratto dovrebbero essere di 160- 200 km./ora.
La sezione Septemvri – Plovdiv ? una parte dal progetto Sofia- Plovdiv, inclusa nel programma operativo “Transport”. La realizzazione degli altri due sezioni- da Sofia a Elin Pelin e da Elin Pelin a Septemvri rimane per il prossimo periodo di programmazione.
Posizione 1: Septemvri- Pazardjik, Consorzio "Svitelski – RVP Kione", Sofia – 57.083 millioni leva, 30 punti
Posizione 2: Pazardjik – Stamboliiski, DZZD “IGA infrastruttura ferroviaria”, Varna – 49.843 millioni leva, 30 punti
Posizione 3: Stamboliiski – Plovdiv “Porr Technobau und Umwelt” AD, Austria 50.934 millioni leva, 30 punti.


Il Governo ha approvato le modifiche alla bozza sulla legge stradale che prevede anche la creazione di una Societ? Nazionale per i Progetti Infrastrutturali. L'obiettivo ? quello di accelerare la costruzione delle autostrade Struma, Hemus e Cherno More, oltre alla realizzazione di progetti infrastrutturali strategici. L'autostrada Struma connetter? Sofia con il confine greco e dovrebbe essere completata nel 2015; Hemus unir? invece Sofia con la citt? di Varna e con la costa del Mar Nero e dovrebbe essere inaugurata nel 2020, mentre quella di Cherno More offrir? una via diretta tra Varna e Burgas.
Il Consiglio dei Ministri ha inoltre deliberato che a partire dal 20 maggio e fino al 30 settembre la circolazione degli automezzi pesanti sulle autostrade e strade del paese sar? vietato dalle ore 16 alle 22 dell'ultimo giorno di lavoro della settimana o prefestivo e nell'ultimo giorno di riposo o festivo. Il divieto ? esteso anche ai mezzi agricoli, ai trattori e ai macchianri del settore edile, mentre le uniche eccezioni riguardano il trasporto di alimenti deperibili e di bestiame.


Il Vice Primo Ministro Turco Bulent Arinc ha annunciato che a breve sar? istituita una linea aerea tra la citt? di Bursa e la Bulgaria che sar? operta dalla Turkish Airlines. Non sono stati forniti dettagli riguardo gli aeroporti bulgari di destinazione n? riguardo i dettagli dei voli.


Il Ministro per le Infrastrutture Rosen Plevneliev, durante la cerimonia di inaugurazione dell'autostrada Lyulin che connetter? la tangenziale di Sofia con la strada internazionale E-79 diretta verso la Grecia, ha annunciato che nei prossimi due anni saranno completate e rese operative le autostrade Trakiya e Maritsa. La prima, che sar? completata entro giugno 2012, collegher? Sofia con Burgas, mentre Maritsa, pronta invece per il 2013, connetter? l'autostrada Trakiya con il confine turco nei pressi di Svilengrad.
La costruzione delle infrastrutture ? stata dichiarata dal Consiglio dei Ministri come una delle prime priorit? per il paese.


Si ? svolta ieri la cerimonia di apertura del cantiere per i lavori di ristrutturazione e ammodernamento della linea ferroviaria Plovdiv-Burgas presso la stazione di Kaloyanovets (regione di Stara Zagora). All'inaugurazione del cantiere hanno preso parte il Primo Ministro Boiko Borisov, i Ministri delle Finanze Simeon Djankov e dei Trasporti Aleksandar Tsvetkov, l’Ambasciatore d’Italia Stefano Benazzo e l’Amministratore Delegato di GCF Edoardo Rossi. Per Confindustria Bulgaria hanno partecipato il Presidente Ghia, il Direttore Cassi e il Rappresentante Territoriale Todorov. Presente anche il Console Onorario d’Italia a Stara Zagora Buzzetti.
Aprendo la cerimonia, l’Amministratore di GCF Rossi ha osservato come la societa’ e’ ben consapevole della rilevanza del progetto e non manchera’ di esprimere tutti i propri sforzi per realizzare al meglio l’opera. L’Ambasciatore Benazzo ha sottolineato l’importanza della collaborazione da parte delle autorita’ bulgare all’implementazione del progetto, ponendo in evidenza la preparazione e la grande determinazione di GCF nell’affrontare i lavori. Infine, il Primo Ministro Boiko Borissov ha dichiarato che il progetto giover? non solo all'economia della regione, ma a quella di tutto il paese, e ha ricordato il grande impegno del governo nel portare avanti i progetti infrastrutturali del Paese.
L'appalto dei lavori ? stato assegnato al consorzio formato dall'associata di Confindustria Bulgaria GCF (Generali Costruzioni Ferroviarie) e dalle societ? bulgare SK13 e Trace Group. Il progetto si avvarr? di fondi europei provenienti dal Programma Operativo dei Trasporti e permetter? la creazione di 600 nuovi posti di lavoro. Il valore totale del progetto ? di circa 187 milioni di euro e i lavori dovrebbero essere completati in tre anni. I lavori di ammodernamento e ristrutturazione permetteranno ai treni di viaggiare a una velocit? di 160 km/h, rispetto ai 100 km/h attuali, e di ridurre il tempo di percorrenza tra Plovdiv e Burgas di circa 70 minuti.


Secondo quando riportato da Suleyman Karaman, Direttore Generale e Presidente del Consiglio dell’azienda ferroviaria statale turca, la Bulgaria e la Turchia stanno vagliando la possibilit? di realizzare una linea ferroviaria ad alta velocit? tra Sofia e Edirne. Secondo le dichiarazioni dello stesso Karaman i ministri dei trasporti dei due governi avrebbero gi? intavolato trattative e la Turchia sarebbe pronta a intraprendere il progetto mentre la parte bulgara sarebbe ancora in un fase valutativa, ben consapevole per? che la linea ad alta velocit? costituirebbe una grande opportunit? per incentivare e facilitare il trasporto e le relazioni tra i due paesi. Karaman ha inoltre sottolineato che il progetto rientra nei piani della Turchia di miglioramento dei propri collegamenti con le zone dell’Europa Centrale e che entro la fine del 2011 verr? inaugurata la linea veloce Edirne-Istanbul.


Una differenza di quasi 260 milioni di leva tra l'offerta pi? alta e la pi? bassa per la riparazione del tratto ferroviario Plovdiv-Septemvri, ? stata registrata ieri durante l'apertura delle offerte. I concorrenti sono stati 19 e sono stati tutti accettati.

Su un valore stimato di tutto il progetto di 359 milioni di leva il gruppo “IGA Railway Infrastructure” ha offrerto 146.068.809 leva per la costruzione delle tre posizioni e il gruppo “BG Railway Infrastructure” ha offerto un prezzo di 404.312.323 leva. Questo significa che c’? una differenza quasi tripla tra l'offerta massima e quella minima, il che presuppone che se “IGA Railway Infrastructure” non potr? giustificare la sua proposta sar? eliminata.

La Bulgaria ha gi? avuto un’amara esperienza con l’accettazione di offerte irrealisticamente basse e difficilmente ripeter? lo stesso errore. Ricordiamo che a causa dell’italiana “Astaldi” lo stato ha perso 70-80 milioni per il programma ISPA. Il termine per l'assorbimento dei fondi per la modernizzazione del tratto ferroviario Parvomay-Svilengrad, gestito da “Astaldi” ? scaduto alla fine del 2010 e l'azienda si ? ritirata dal progetto a causa dell'impossibilit? di completare i lavori in tempo. La proposta con la quale gli italiani avevano vinto la gara nel 2006 ? stata di circa 162 milioni di euro, o 140 milioni inferiore alla seconda offerta pi? bassa.

Alla gara d’appalto di ieri hanno presentato le proprie offerte altre 3 aziende italiane – “CMC - Akmar di Ravenna Italia”, la holding “Pizzaroti – IPS” e il consorzio "Salchef – Energoremont", ma i loro prezzi sono stati di oltre 50 milioni superiori rispetto a quella pi? bassa.

Il vincitore dell'asta sar? determinato entro il 10 maggio.

Scritto da Milla Assenova


La compagnia aerea low-cost Ryanair ha pianificato di inaugurare un collegamento tra Plovdiv e la Spagna entro l’autunno di quest’anno. Recentemente la compagnia aveva dovuto annullare l’apertura della tratta Plovdiv-Barcelona/Girona a causa del mancato rinnovamento da parte del Governo spagnolo del contratto d’uso dell’aeroporto con la compagnia irlandese. Ryanair ha comunque confermato l’apertura per il 7 maggio della tratta Milano Bergamo – Plovdiv che sar? effettuata con la frequenza di due volte a settimana.


During the last decade, economic relations between Bulgaria and Turkey have been continuously improving. The legal and regulatory framework on the intergovernmental level is a full and comprehensive one. This is due to the active dialogue between two countries.

According to the latest data released by the Bulgarian Agency for Foreign Investment, Turkey is the 13th largest investor country in Bulgaria. The total amount of Turkish direct investment in Bulgarian economy is nearly $150 million. The constant improvement could be clearer considering the zero amount of Turkish direct investment in the country in the year of 1992.

Soda Sanayi, the main raw material supplier of Turkey’s glass conglomerate ?i?ecam Group, has a partnership with the world’s largest soda producer, the Solvay Group from Belgium, in the Bulgarian producer Sodi-Devnya since 1997. The plant in Bulgaria has an annual production capacity of 1.2 million tons and Soda Sanayi has the rights to 25% of production.

Another subsidiary of the ?i?ecam Group, Trakya Cam, is also investing in Bulgaria. The company is currently constructing a glass plant in the Targovishte region. The construction has commenced in July 2004 and the plant will produce glass and glass products.

?i?ecam Group plans to carry out greenfield projects in Bulgaria, which include the construction of two sheet glass factories. It is said that there are conditions for the construction of a facility for household glassware in Bourgas.

S?zer Holding acquired 87.5% shares of the biggest paper mill in Bulgaria through the privatisation program. The mill is located in Nikopol, at the shores of the Danube River.

Other production facilities include Maser Holding’s textile plant producing woollen fabrics and linen in Sofia, Aksan Kal?p’s conductor plant in Botevgrad, Faf Metal’s aluminium and metal processing plant in Shumen and the Trikom textile plant in Haskovo. Furthermore, Nurinvest, a Turkish-Bulgarian JV, is involved in a wide range of production areas including food, furniture and carpets.

Turkish companies are also investing in the tourism industry of Bulgaria. ?zkan Group has purchased the “Novotel Europa” in Sofia and the group’s chain of “Princess Hotels” is also operating in Plovdiv. Magic Life has leased a tourism complex on the Black Sea coast and the company is currently renovating it.

Ramstore, the Turkish retail store chain, which is operating dozens of supermarkets and other shopping centres throughout Southeast Europe and the former Soviet Union, has 3 stores in Bulgaria. Ramstore has lately decided to increase its investment in Bulgaria and the chain is also selling Bulgarian products through its stores in Azerbaijan, Kazakhstan and Russia.

Aygaz is running 5 gas stations in Bulgaria with 3 of them located in Sofia and the other 2 in Shumen.

Two Turkish banks are active in Bulgaria. The Sofia branch of Ziraat Bankas? was opened in July 1998. Demirbank Bulgariawas established in 1999 and it is offering services through two branches in Sofia and one in Varna.

Contracting Services
Turkish contracting services in Bulgaria are to some extent linked to the energy trade between the two countries. There is a power line between Bulgaria and Turkey with a capacity of 500 MW. An intergovernmental agreement states Bulgaria’s commitment to award infrastructure projects to Turkish companies in return for the electricity bought by Turkey. Within this framework, Ceylan Holding has undertaken the construction of a 160 km highway on the East-West Corridor, a power plant in Gorna Arda and the urban power distribution networks in Pazardjik and Harmanli. Other important infrastructure projects undertaken by Turkish companies in Bulgaria include the Podkovo-Makozo Highway by Hazinedaro?lu ?n?aat, Karnobat-Burgaz Highway by the Do?u?-Eko consortium and the water purification project in Gorna Oriahovista, Dolna Oriahovista and Laiskovets undertaken by MNG Holding and financed by the European Union.

Prospects for Cooperation
The overall picture in Bulgaria shows that despite progress in recent years in liberalisation and macroeconomic stabilisation, there are still many barriers to investment in the region: a large unfinished reform agenda, cumbersome bureaucracies and corruption.

However, it is possible to say that the investment climate is improving rapidly thanks to the measures taken by the new Bulgarian government. Investors are enjoying advantages such as economic stability, low inflation, national treatment for foreign investments, liberal regime for repatriation of after tax profit and capital and foreign investments are no longer subject to registration etc.

Shortcomings in Bulgaria can be transformed into opportunities, if the correct areas of activity and appropriate partners are chosen. Bulgaria lacks export- oriented FDI, and is also not attracting sufficient greenfield investment. Most of the FDI in the region is concentrated in labour-cost areas and low value added industries.

Turkish businesses see a great potential in the privatization program of Bulgaria. They have already expressed interest in several items in the privatization portfolio, such as paper mills, military industry facilities, machinery manufacturing factories, hotels, etc. They can establish partnership with companies from third countries in order to create synergy and produce fruitful results, as seen in ?i?ecam’s partnership with a Belgian company.

Furthermore, it has to be kept in mind that Bulgaria is looking forward to 2007 as its EU accession date. It is already enjoying preferential access to EU markets, and moves are also on the way to liberalise Balkan intra-regional trade. Balkan states are also not constrained by EU rules forbidding special incentives to FDI. Turkey is sharing a land border with Bulgaria which is a great advantage when doing business there.


Il vostro appoggio per il business cinese nella sua strada verso l’Europa ? molto stimato! La fiera di Plovdiv potrebbe diventare un ponte per il business cinese, che sta cercando dei partner in Europa e soprattutto ai Balcani”.
Cliff Wallace ? il direttore esecutivo del Centro congressi e esposizioni a Hong Kong. Lui a visitato Plovdiv durante il weekend con l’invito di Hristina Koleva- direttore del padiglione bulgaro all’ EXPO 2010 a Shanghai.
Wallace ha discusso con la direzione della Fiera le possibilit? di collaborazione tra l’esposizione a Plovdiv e quella a Hong Kong.
“ Sono impressionato da tutto quello che ho visto qui. Ha il merito di esercitare il proprio ascendente per la nostra futura collaborazione sul Consiglio per lo sviluppo del commercio. Questa ? un’organizzazione dello stato, che fa da consulente al parlamento cinese riguardo il settore delle relazioni economiche. Noi stiamo cercando delle fiere come la vostra, quali potrebbero sostenere le aziende cinesi, disposti a investire in Europa”, ha aggiunto Wallace, che ? un ex presidente dell’Associazione Internazionale dell’Industria d’Esposizione ( UFI).
“La Fiera di Plovdiv ha un’ottima rappresentanza nell’UFI. E’ quella la ragione che mi ha fato visitarla. Quel’ultima ? uno dei primi membri dell’UFI- sono gi? 75 anni. Sono piacevolmente sorpreso di vedere una fiera, esposta su un ampio terreno, con delle aree e parchi tanto verdi e bene puliti. L’ambiente tranquillo fa completamente da contrasto con quello delle altre esposizioni straniere, che ? teso e d’azione.
Un grande vantaggio ? la prossimit? dell’esposizione al centro della citt?. Aggiungendo la storia 120 enne di quella fiera, dalla quale possono formarsi tanti altri nel mondo, va meritata tutta l’attenzione dell’UFI perch? l’esposizione abbia ancora pi? grande successo.” Con queste parole Cliff Wallace ha ricapitolato le sue impressioni dalla passeggiata nel complesso. Lui ha evidenziato l’importanza della collaborazione pubblico- privata come un’efficace formula per lo sviluppo del business e la Fiera di Plovdiv ? un buon esempio di questo.
Wallace ha dichiarato, che nonostante l’influsso della crisi economica e finanziaria mondiale sull’industria fieristica, lui ? un’ottimista riguardo il futuro di quel tipo di business.
L’Asia ? quella meno toccata dalla crisi. Cosi come l’Africa e il Medio Oriente non l’hanno sentita molto. La ripercussione pi? seria, la crisi ha dato all’America del Nord e Gran Bretagna, paesi che stanno uscendo molto lentamente da lei.
Il direttore generale Ivan Sokolov della Fiera Internazionale di Plovdiv, ha commentato che le iniziative comuni future con Hong Kong e la partecipazione della Russia come un paese partner all’esposizione tecnica autunnale saranno sicuramente vantaggiosi.
Le manifestazioni comuni porteranno hai nostri clienti e partner le possibilit? di sviluppare il proprio business in regioni prospettive nella situazione economica presente, ? convinto Sokolov.
Cliff Wallace ha annunciato il suo desiderio di visitare nuovamente l’esposizione di Plovdiv per raccogliere esperienza logistica. Ha promesso, che la sua terza visita sar? organizzata in modo che lui riuscisse a partecipare al Festival della rosa oleifera.


La terza linea voli regolari di “Ryanair” parte dal 03 novembre 2011, ogni gioved? e domenica.
“Al tre di novembre parte la terza linea voli dell’Aeroporto di Plovdiv a Francoforte”, ha annunciato per il giornale di Maritza il direttore dell’aeroporto Doicin Angelov. Insieme alle destinazioni di Londra e Milano le linee regolari della compagnia low- cost “Ryanair” diventano tre.
L’itinerario Plovdiv- Francoforte Hahn far? servizio due volte a settimana- ogni gioved? e domenica. “Quella ? la prima destinazione da Plovdiv a Germania e sicuramente avr? grande successo”, fanno previsioni dall’aeroporto. “Ancora da oggi sul sito ufficiale dell’azienda potete trovare la nuova destinazione con i prezzi start dei biglietti a soli 27, 99 Euro (in una direzione), inclusi tutte le tasse e spese di volo”, ha annunciato Katardzhina Gaboretz, direttore esecutivo per Europa Centrale e Europa dell’Est, sezione Marketing e Vendite di “Ryanair”.
Francoforte Hahn ? un’ottima destinazione, che sta completando la rete aerea di Plovdiv con altri 49 destinazioni low- cost, raggiungibili dalla citt? tedesca.


La Commissione Europea ha approvato il finanziamento del progetto per la riabilitazione e modernizzazione della linea ferroviaria tra Plovdiv e Burgas. L’ammontare dei finanziamenti ? di 218 611 929 euro, dal quale fino 174 889 543 ? un cofinanziamento dal Fondo di coesione dell’UE.
Il progetto per la riabilitazione dell’infrastruttura ferroviaria sui tratti della linea Plovdiv- Burgas ? stato diviso in tre posizioni, che includono i tratti corrispondenti: Mihaylovo – Kaloyanovez; Stara Zagora- Yambol e Zavoy- Zimnitza; Tzerkovski- Karnobat.
Per l’esecuzione delle tre posizioni ? stato scelto il consorzio “GCF – Sk 13 – Trace railinfra”, chi ha proposto di costruire il tracciato per la somma di 316 968 850,42 leva IVA esclusa. La costruzione ha iniziato all’11 maggio, e dopo la decisione della Commissione Europea, le spese fate saranno rimborsate dal Programma operativo “ Trasporto”.


Per ogni volo di linea dall’Aeroporto internazionale di Plovdiv ci sar? del trasporto autobus, ha annunciato ieri il vice sindaco Alexander Darzhikov dopo la seduta della commissione in regione. Per il momento l’orario dei pulman Plovdiv- Assenovgrad verr? aggiornato temporaneamente con dei autobus per l’Aeroporto. Parallelamente, verr? indetto un concorso per selezionare il trasportatore della linea regoare, ha spiegato Darzhikov.