Expats

Kraft Foods Bulgaria CEO: Boosting Local Capacities Key for Attracting FDI [May 16, 2012] Bulgaria must boost the administrative capacities of its local authorities, among other measures, in order to attract more FDI in the new global economic environment, Kraft Food Bulgaria CEO Antoine Collette recommended at the Bulgaria: Business UP investment conference in Sofia. Collette was one of the keynote panelists in Panel 4, "Bulgaria - Dreamland for Investors", of the conference in ... [via YahooNews] More >>

Bulgaria Courts Austrian Investors for Danube Ports Concessions [Apr 04, 2012] Bulgaria expects to lure Austrian investors into becoming concessionaires of a number of Bulgarian ports on the Danube, according to Ivaylo Moskovski, Minister of Transport, Information Technology and Communications. "We have so far enjoyed a very good cooperation with Austrian investors and I hope that their interest in interest in our country will deepen in the future," Moskovski said ... [via YahooNews] More >>

Bulgaria Seeks Investors for Gas Turbine Power Plant [Mar 28, 2012] Bulgaria is looking for potential investors in its gas turbine power plant that is to be constructed in the Danube town of Belene, the country's Deputy Economy and Energy Minister Valentin Nikolov has revealed. On Wednesday, Bulgaria officially abandoned the Belene Nuclear Power Plant which Sofia and Moscow had agreed on in 2008. Deputy Finance Minister Vladimir Goranov announced that a gas ... [via YahooNews] More >>

Boosting Bulgaria's Nordic Investments - Insights from Denmark, Finland, Norway, Sweden [Feb 26, 2012] As part of there "Investors of the Decade" Business Survey, Novinite.com (Sofia News Agency) and Novinite.bg have asked the representatives of the Nordic countries in Sofia - Denmark's Ambassador to Bulgaria Kaare Janson, Finnish Ambassador to Bulgaria Tarja Laitiainen, Norwegian Ambassador to Bulgaria Tove Skarstein, and Goran Svensson, President of the Bulgarian-Nordic Chamber of Commerce ... [via YahooNews] More >>

Economy Minister Traicho Traikov: Major Investors' Trust Indicates Bulgaria's Economic Potential [Feb 26, 2012] An exclusive interview with Bulgaria's Minister of Economy, Energy, and Tourism Traicho Traikov for the "Investors of the Decade" Business Survey of Novinite.com (Sofia News Agency) and Novinite.bg. ... [via YahooNews] More >>

Kraft Foods Bulgaria CEO Antoine Collette: Bulgaria Moves in Right Direction, Should be Faster [Feb 02, 2012] Exclusive interview with Antoine Collette, Executive Director of Kraft Foods Bulgaria, for the "Investors of the Decade" Business Survey of Novinite.com (Sofia News Agency) and Novinite.bg. ... [via YahooNews] More >>

60k CEO Jonathan Gladwish: Bulgaria Can Continue to Emerge as Tangible Outsourcing Hub [Jan 30, 2012] Exclusive interview with Jonathan Gladwish, CEO, 60k, for the "Investors of the Decade" Business Survey of Novinite.com (Sofia News Agency) and Novinite.bg. ... [via YahooNews] More >>

Bulgaria's EconMin Forecasts EUR 20 B Exports in 2012 [Jan 11, 2012] Bulgaria's exports will most likely reach BGN 20 B in 2012, Minister of Economy, Energy, and Tourism Traicho Traikov has declared during the annual "Investors of the Year" award ceremony of the InvestBulgaria Agency. "Even the most daring business plans can be realized in Bulgaria," Traikov stated before Bulgaria's top investors for 2011 in Sofia Wednesday night, stressing that the Bulgarian ... [via YahooNews] More >>

Bulgaria Got EUR 37 B in Foreign Direct Investment in 2001-2011 [Dec 29, 2011] Bulgaria has attracted a total of EUR 37 B in foreign direct investment in 2001-2011, show estimates of the "Investors of the Decade" Survey of Novinite.com (Sofia News Agency) and Novinite.bg. ... [via YahooNews] More >>

Bulgaria Eyes Return to Komi's Timber Industry [Nov 30, 2011] Bulgarian entrepreneurs have visited the Komi Republic (a federal subject of Russia) in order to explore the opportunities for revamping Bulgaria's key role in the local timber industry, according to local media. Potential Bulgarian investors met with representatives of the local authorities involved in the region's timber industry. The companies which the Bulgarian investors represented have ... [via YahooNews] More >>

Bulgaria Puts 2 More Military Plant Stakes on Privatization Table [Aug 10, 2011] Bulgaria's Privatization Agency has announced a tender for the sale of two state-owned minority stakes in two of the country's military repair plants from the TEREM group. Thus, the Agency for Privatization and Post-Privatization Control will offer investors 34% of the "Terem-Georgi Benkovski" plant in Plovdiv and 28% of "Terem-Gen. Vladimir Zaimov" located in Bozhurishte near Sofia. ... [via YahooNews] More >>

Bulgaria Should Follow in Estonia's Footsteps after Moody's Upgrade - Expert [Jul 24, 2011] Moody's recent upgrade of Bulgaria's debt is the first step towards distinguishing it clearly from the troubled countries in the region, a local expert argues. "This is the beginning of a process of differentiation, which - if brought to an end through sound economic policies - can restore investors' confidence in Bulgaria despite the problems of the other countries in the region," Georgi ... [via YahooNews] More >>

Bulgaria's Plovdiv, Greece's Kavala Mull Air Connection [Jun 06, 2011] Greek investors are considering launching a direct air line between the Bulgarian city of Plovdiv and the Greek town of Kavala on the Aegean Sea coast. The idea for the Plovdiv-Kavala line has been discussed for several months and was confirmed over the weekend during an aviation show in Kavala, the Maritsa newspaper reported. By setting up a direct air line, Greek businesspeople are said to be ... [via YahooNews] More >>

Bulgarian Wind Power Investors May Stall New Projects on New Law [Apr 28, 2011] Bulgaria renewable energy investors may halt about $4.45 billion in projects because of a new law that makes it harder for them to project revenue, said Sebastian Noethlichs , the head of the Bulgarian Wind Energy Association. [via YahooNews] More >>

Italian Companies Eager to Invest in Bulgaria's Renewable Energy [Apr 19, 2011] A number of Italian companies have declared readiness to invest in the development of Bulgaria's renewable energy sector at a round table organized by Confindustria Bulgaria. Confindustria Bulgaria, the association of Italian businesses working in the country, brought together key Bulgarian government figures and potential investors to explore the possibilities of Bulgaria's renewable energy ... [via YahooNews] More >>

Hellenic Business Council in Bulgaria Elects New Board of Directors [Apr 11, 2011] The Hellenic Business Council in Bulgaria uniting major Greek investors in the country has announced the election of a new Board of Directors. At a recent General Assembly meeting, the Hellenic Business Council in Bulgaria elected as board members Nikolaos Kalaitzidakis, Country General Manager, Coca-Cola HBC Bulgaria; Evangelos Lytras, Country Manager, Alpha Bank Bulgaria; Makis Mavropoulos ... [via YahooNews] More >>

Bulgaria Contracts HSBC on Belene Nuclear Project Monday [Apr 10, 2011] The Bulgarian Energy Holding will sign on Monday a contract with HSBC, one of UK's biggest banks, for consultancy services, to help it decide how to proceed and attract new investors for the planned Belene nuclear power plant. "With this step the project enters a crucial stage. The conclusions of the consultant will be the answer to the question whether or not Belene nuclear power plant will be ... [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's PM Warns of Difficult 2011, Promises Better 2012 [Feb 08, 2011] In 2011 we will have to clench out teeth, but in 2012 we will start good projects that will give results, Bulgaria's PM Boyko Borisov said. His statement was made Tuesday at the 8th Congress of the National Labor Confederation "Podkrepa". "Next year, we will see the results of what we do and the highways that we build will bring more investors.... [via YahooNews] More >>

Atlantic Club Delegation Facilitates Upsurge of Korean Investment in Bulgaria [Jan 10, 2011] Bulgaria has come a lot closer to attracting major South Korean investors in machine-building, shipbuilding and IT as a result of a diplomatic visit of a Bulgarian Atlantic Club delegation to Korea. [via YahooNews] More >>