Expats

Bulgaria Hopes to Sell 50.5% in Bourse in H1 2012 [Oct 19, 2011] Bulgaria hopes to find an investor for its only stock exchange in the first half of next year, the bourse's chief executive has said though declining to reveal the names of potential bidders. "[The] majority of our stock exchange is state-owned. Our finance minister strongly believes that the government shouldn't be a shareholder for a very long period.... [via YahooNews] More >>

Bulgaria's Stock Exchange Privatization Stalls - Report [Oct 10, 2011] Bulgaria's hopes to find an investor for its bourse by the end of the year have gone sour as no bidders have declared interest so far, according to insiders. The interest in Bulgaria's stock exchange privatization has sharply declined over the last few months and no talks, even unofficial, have been held, local media reports say. Shortly after the Bulgarian Stock Exchange launched the sale of ... [via YahooNews] More >>

Bulgaria Admits to Political Decision on Cigarette Maker Sale [Aug 07, 2011] The supervisory board of Bulgaria's privatization agency, a wholly political body, will take the final decision whether to sell the country's former tobacco monopoly to the sole Russia-linked bidder, the agency's head has said. "The Supervisory Board is a political body. It will have to seal the deal and decide whether the Executive Board and the investor have agreed on a reasonable and ... [via YahooNews] More >>

Bulgaria Sale Body Admits Mystery Veils Bulgartabac Bidders [Jul 07, 2011] The head of Bulgaria's sale body has confirmed media reports that nobody knows yet who stands behind the two Austria-registered bidders for the state-owned tobacco giant Bulgartabac. Earlier this week it emerged that only three companies will submit binding bids for the privatization of Bulgartabac Holding and only one of them is a strategic investor ? British American Tobacco. The other two ... [via YahooNews] More >>

US Ambassador: America Has Trust in Bulgaria [May 02, 2011] The US has trust in Bulgaria and it shows it by being the number one investor in the country, American Ambassador to Sofia, James Warlick, reaffirms. Warlick spoke Monday morning in an interview for the TV channel TV7, saying America strives to avoid applying double standards towards other countries. The diplomat further declared he does not interfere in Bulgaria's internal affairs, as he has ... [via YahooNews] More >>

Bulgaria Launches 2 Airport Tenders in June [Apr 04, 2011] Bulgaria seeks investors to lease two of its airports ? in the country's second-largest city, Plovdiv, and in the Danube port of Ruse ? for 35 years. The Plovdiv airport needs an investor for upgrading its 195 200 square meters of its cargo zone. The candidates for the concession must have had an income of at least BGN 18 M over one of the past 3 years.... [via YahooNews] More >>

Bulgaria Hopes to Find Investor for Stock Exchange by End-2011 [Mar 17, 2011] Bulgaria's stock exchange, which launched the sale of its shares in January, is hopeful that it will attract a key European investor for the sale of its majority stake by the end of the year. "Bulgaria's stock exchange has high chances of attracting a strategic investor, who is one of the big names on the European capital market," Assen Yagodin, president of the bourse's Board of Directors, told ... [via YahooNews] More >>

Bulgaria Registers 7% Consumption Growth 4Q 2010 Y/Y [Mar 15, 2011] Consumption in Bulgaria in the fourth quarter of 2010 is up more than 7% on yearly basis and has reached BGN 15.6 B. The data has been calculated by the site investor.... [via YahooNews] More >>

Borisov Confirms Bulgaria Got German Investor for Belene NPP [Oct 25, 2010] Bulgaria has found a strategic foreign investor for the construction of its second nuclear power plant at Belene, Prime Minister Boyko Borisov made it clear Monday. [via YahooNews] More >>

Bulgaria Energy Minister Optimistic on Nuclear Plant Investor [Oct 23, 2010] Bulgaria's Economy and Energy Minister, Traicho Traikov, voices strong optimism that the government would find another investor for the project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene. [via YahooNews] More >>

Bulgaria aims for China to be largest investor by 2013: minister [Oct 16, 2010] Bulgaria aims for China to become the largest foreign investor in the Balkan country by 2013, Deputy Prime Minister and Minister of Finance Simeon Djankov said Friday. [via YahooNews] More >>

Bulgaria to Extend N-Plant Contract with Atomstroyexport - Report [Oct 10, 2010] Bulgaria is seeking a strategic European investor in Belene nuclear plant. RWE AG, Germany?s second-largest utility, walked out of the project last autumn over funding problems. [via YahooNews] More >>

Bulgaria Raises State Holding in Stock Exchange Before Majority Stake Sale [Sep 16, 2010] Bulgaria raised the state's stake in the Balkan country's stock exchange as it prepares to sell its majority to an industry investor and offer the rest to the public, said Ivan Takev, the bourse's executive director. [via YahooNews] More >>

Bulgaria Raises State Holding in Stock Exchange Before Majority Stake Sale [Sep 15, 2010] Bulgaria raised the state?s stake in the Balkan country?s stock exchange as it prepares to sell its majority to an industry investor and offer the rest to the public, said Ivan Takev, the bourse?s executive director. [via YahooNews] More >>

Bulgaria Eyes HSBC, Societe Generale, Rothschild for Belene N-Plant Consultant [Aug 20, 2010] Bulgaria is seeking a strategic European investor in Belene nuclear plant. RWE AG, Germanys second-largest utility, walked out of the project last autumn over funding problems. [via YahooNews] More >>

Romania Snubbed Bulgaria over N-Plant Offer [May 06, 2010] Bulgaria has reportedly unsuccessfully courted Romania as it angles for a new chief investor in its second nuclear power plant Belene to replace the German energy company RWE, which withdrew last autumn. [via YahooNews] More >>

(AFX UK Focus) 2010-04-28 18:05 Bulgaria rejects Russian loan for nuclear plant [Apr 28, 2010] SOFIA, April 28 (Reuters) - Bulgaria has for now rejected a Russian offer to fund its Belene nuclear power plant and will instead focus on finding a western/strategic investor for the project, Economy and Energy Minister Traicho Traikov said on Wednesday. In February, Moscow offered to provide up to 1.9 billion euros to recession-hit Bulgaria to keep the troubled project rolling and Sofia then ... [via YahooNews] More >>

Destination Bulgaria [Apr 13, 2010] It may have dropped off the foreign investor's radar as the global downturn took hold, but Bulgaria has been placed firmly back in the "ones to watch" category with the news that 54% of respondents polled by consultancy firm Ernst & Young's in its latest survey on foreign direct investment (FDI) remained optimistic that within the next three years Bulgaria would be seen as a prime place to do ... [via YahooNews] More >>

Bulgaria Minister in US: Belene Nuclear Plant Very Painful Project [Apr 06, 2010] Bulgaria hopes to find a strategic investor for the Belene Nuclear Power Plant very shortly, Economy Minister Traicho Traikov has stated during his working visit to the USA. [via YahooNews] More >>

Bulgaria Seeks European Funding for Belene Nuclear Project (Novinite.com) [Mar 02, 2010] Bulgaria has given indication that Russia's offer for funding the planned 2,000 megawatt Belene nuclear plant on the Danube River will not be enough, saying it will angle for a European investor. ... [via YahooNews] More >>