The government increased the capital of the Bulgarian energy holding by 400 million levs. The State will acquire nearly 63 000 shares of "Toplofikatsiya Sofia" AD for free and in this way will become a 100% owner of the company.The 400 million levs will be disbursed by the Economy Ministry and will be used for the purchase of the shares of Toplofikatsiya. още »

The initial capital for the registration of a firm is decreased from 5000 to 100 levs. The measure will become effective after the government approves changes in the Commercial Law. The high amount of the minimum capital by now is one of the hindrances for starting small business.It is expected that the significant decrease will stimulate enterprising citizens to realize their projects, which will lead to the opening of new work positions and the availability of more products and services. още »

A discussion “Together against the crisis” organized by the Bulgarian government will be held today in the Council of ministers' building in Sofia. The aim of the forum is representatives of the executive power, foreign investors, the business and the social-economic partners to join efforts in the context of the global finance and economic crisis and its effects on Bulgaria. още »

Construction entrepreneurs are ready to give unheard of bonuses to clients, who purchase real estate with cash. Recently the following offers have become a hit - when purchasing an apartment of at least 100 square meters and payment is made instantaneously, the client is given as bonus a small 1-bedroom apartment of 40-50 square meters.The aim of entrepreneurs and apartment owners is to quickly regain the invested money and to receive fresh money. още »

The Chair of the Bulgarian Association of producers and importers of clothing and textile Valeria Zhekova forecasted a 30% decrease of orders and the same amount of people laid off in the next 4-6 months. She pointed out that there are already bankrupt firms, while other are being restructured and work on anti-crisis programmes.Among the urgent measures, which have to be accepted, Zhekova pointed to aid for firms, in order for them to improve their liquidity and to create conditions for flexible work hours. още »

“The textile industry and the world crisis” - this is the leading topic of the Seventh international conference “Development and perspectives for the Bulgarian tailoring industry”, organized by the association of the producers and exporters of clothing and textile. The conference in which this year more than 80 companies from the textile field will take part, will make an analysis of the situation in Southeast Europea and will determine measures for reduction of the negative effects of the world crisis on the Bulgarian enterprises. още »

The number of people searching online for overseas property has increased substantially compared to this time last year, reports SmartNewHomes.com, as more consumers look to the overseas market for their next property purchase.SmartNewHomes.com, the new homes website, reported a 45% increase in users clicking through to view overseas property in the three months from July 2008 compared to the same period last year, with September seeing the biggest increase so far this year. още »

Central heating will increase in price in January, but might decrease after April 1. This was forecasted by the Chair of the State commission for energy and water regulation Konstantin Shushulov, cited by BNR.What will be the price change of heating energy will depend on whether or not natural gas will increase in price, Shushulov said.He added that no later than March 31 CEZ, which supplies electricity to Western Bulgaria, will have to start using monthly reading of electrometers. още »

Main instrument for combating the crisis in Bulgaria are the investors, claimed the minister of economy and energy Peter Dimitrov at the award ceremony for “Investor of the year” yesterday, informed BNR. According to Dimitrov, Bulgaria ranks second in investment attractiveness in the world. The country is outpassed only by Hong Kong. The government will put efforts in preserving these positions, promised the minister of economy. още »