Bulgaria's government decided to sell a 70% stake of local Maritime Navigation shipping company to a German-led consortium for the price of 225 million EUR, Bulgarian Premier Sergei Stanishev Announced on Thursday. The KG Maritime Shipping - Bulgarian-registered consortium, led by Germany's Martrade Shipping & Transport, was the only one remaining bidder. още »

German utility RWE is interested in winning a 49% stake in Bulgaria's nuclear power plant of Belene, a company official said on Wednesday, denying media reports that it might withdraw. Holger Bietz, head of RWE Power's Merger and Acquisition unit, flew to Sofia to reassure the Bulgarian government that his company had not lost interest in the €4 billion ($6. още »

A plant for waste treatment was open today in the Sofia district of “Filipovtzi”. ECOBULPACK, an organisation which uses the packages wastes has invested more than 5 million euro in the plant's establishment. The enterprise has been built in 10 months.Over 200 new workplaces will be opened for the service of the plant's production process.There are two installations on this territory – for glass assortment and recycling and an installation for paper and plastics assortment and baling. още »

The inflation decreases every month since the beginning of the year and a sustainable trend of dropping the prices of alimentary goods can be observed. This claimed the Bulgarian minister of economy and energy Peter Dimitrov in Varna.In January, the inflation has been 1.4% and in April it has dropped to 0.7%. Its rates in February and March respectively have been 1. още »

The concessioner of the Bulgarian airport “Burgas” announced a public tender for an implementor of the rehabilitation of line “A” and an air-strip for taking off and landing. “Fraport” anticipates the reconstruction to include line “A” with an area of 1500 sq. m as well as 100 sq. m of a air-strip serving airplanes' taking off and landing.The company, which will be selected for implementing the reconstruction, should finish it in three months – this is the period the German company gives for completing the work on the air-strip, informs BGNES. още »

A fish processing plant will be built in the Bulgarian village of Hairedin, Vratsa region, informed selo.bg.The village is a municipal center and has one of the highest unemployment rates in Bulgaria.The enterprise will be established by a Serbian company which has already had talks with the municipality and has prepared the necessary documents. The designing starts next week and the first dig, according to the mayor Radoslav Stoikov, could be as early as this autumn. още »

Yesterday expired the period in which the Bulgarian-Portuguese consortium had to secure the money and the credit for the beginning of the construction of “Trakia” highway, informed news.bg.This didn't happen, said the Bulgarian minister of regional development and public works Assen Gagauzov in an interview for BTV. The minister explained that a procedure would be initiated for an official questioning of the concessioner after which the government would be informed about the situation. още »

‘Vorskla Steel' Company of Ukraine businessman Konstantin Zhevago and ‘Arcelor Mittal' Company of Indian Lakshmi Mittal are in serious competition for the buying of 71% of ‘Kremikovtzi' Steel Mill Company, the Bulgarian Economics Minister Peter Dimitrov declared. In his words, though, both firms have proposed to contract the deal after official declaring the mill's bankrupt. още »

Bulgaria ranks first on foreign direct investments in 2007, stated Bulgaria's Economy Minister Peter Dimitrov in the lecture ‘Economy perspectives before Bulgaria and Bulgarian - American trade relation'. Dimitrov explained that the incomes from foreign investments for the last year were round 6,5 billion EUR.Bulgaria's budget surplus until March 31, 2008 was 547 million EUR. още »