The preposition of ArcelorMittal for the purchase of 71% of Kremikovtzi metallurgic mill is quite more considerable than the offer of the Ukrainian businessman Konstantin Zhevago. This was announced by Angelo Moskov, representative of QVT Fund, one of the shareholders of the allowed loan of 325 million EUR.According to his words the deal's delay is due to the law's complexity of the deal. още »

Summer tourism season in Bulgaria mountain resort of Bansko started with the folklore festival 'Between Three Mountains', informed the mayor of the city Aleksander Kravarov. He highlighted that the event coincides with the holiday of Bulgarian education and Slavic literacy - May 24. The opening of the season enters in the atmosphere of the holidays of Bansko's traditions, organized every year by the municipality, Karvarov added. още »

Our intentions are serious. We not only give promises, but take considerable actions about it. That's why we covered the 30 million EUR loan for the mill with the purpose to pay all salaries, row materials supply and resolving of the emergency ecological issues.This was stated by the representatives of ArcelorMittal by the time of the meeting with the Economy Minister Peter Dimitrov. още »

Bulgarian wine - cellars received 40 awards in London's International Wine Fair. This is the best achievement in the last years, DW revealed. The attainment is modestly compared to world leaders like France, which bottles left with hundreds of medals and diplomas.This is the strongest presentation of Bulgarian wines on an international expo during the latest years. още »

The Spanish company ‘Ebame' will invest millions of EUR alternative energy sources in Plovdiv. The Spaniards intend to build solar parks and wind power plants.It appeared that the world famous ex footballer Hristo Stoichkov brought the company to Bulgaria.The foreigners will use Plovdiv land for the purpose - they will buy it or will use the variant for public-private partnership. още »

The number of foreign banks interested in the Bulgarian market has reached 120, informed the Dnevnik a.m. Since 2008 started, 28 new entries were made in the list. According to Bulgarian Central Bank the information doesn't mean that the banks will necessary start doing business in Bulgaria.The Dnevnik also reported that the list includes powerhouses like Credit Suisse, ABM AMRO, JP Morgan, Merrill Lynch and Goldman Sachs. още »

We should investigate if there are farmers, who would like to start growing vegetables typical for Japan. This informed the regional governor of Plovdiv Todor Pavlov after his return from a visit in Japan. The Japanese government has expressed readiness to supply subsidies in this direction. Todor Pavlov has discussed with representatives of the Japanese business also other opportunities for expansion of the trade relations between the two countries. още »

It is very possible the owners of duty-free shops to initiate legal proceedings in international courts against the Bulgarian state because of the closure of the shops. The claims could amount to 480 M EUR and if the lawsuits are won by the shops' owners, it is the Bulgarian taxpayers who will have to pay the sum, informs BNR.“Since we have contracts with foreign investors, who have participated in the privatization of the Bulgarian companies, it is logical they to defend their investment interest in the court”, claimed Assen Assenov – member of the Management board of the Duty-Free Trade Association. още »

Bulgaria is one of the fastest growing property markets in Europe offering investors low property prices, continued strong capital growth and high rental returns. Executives at a property exhibition taking place in Larnaca and Nicosia thios week are expected to argue that Bulgaria also provides investors with one key element above many other European investment hotspots; "value for money". още »