The American food company Kraft Foods decided to transfer its production from the Romanian town of Brasov to Bulgaria by the end of 2009 aiming at increase of the production capacity. The chief executive director of Kraft Foods Romania commented: the strong development in Romania in the last year led to the necessity for additional production. The corporate manager of Kraft Foods Romania has added that the company didn't have problems with the global financial crisis in the country. още »

Bulgaria needs 12 billion euro for the modernization of the water infrastructure. This claimed at a seminar in Istanbul Georgi Georgiev, representative of the subsidiary of EVN in Bulgaria WTE, which is an electric energy and infrastructure services supplier. The company deals also with management, financing and exploitation of water supply and sewerage systems. още »

The Austrian company EVN shows interest in the construction of the hydroenergy cascade “Gorna Arda” in Bulgaria.EVN wants to become a strategic investor in the project, which is currently frozen. The Austrian company has send a letter to the Bulgarian minister of economy and energy about its investment intentions, in which it points our that EVN could participate both alone and in joint cooperation with other companies from the field, informed the executive director of EVN-Bulgaria Stefan Shishkovitz. още »

Sofia municipality has negotiated the conditions for a loan of 105 million Euro with the European investment bank for the construction of two sectors of the Sofia subway. This was announced by the deputy mayor responsible for the budget and finances Minko Gerdzhikov to the advisors from the commission on transport infrastructure in the Sofia Municipal Council. още »

Bulgarian companies have supplied illegally the German market with hundreds of tones of old rabbit and chicken meat and thus have gotten millions from the EU funds. This says a report, broadcast by the German television ZDF, informs BNR. The meat was imported in Bulgaria from China where it had been processed with antibiotics and harmful chemicals. In the Bulgarian companies the meat was re-labeled with Argentine being pointed out as the country exporter of the meat. още »

Companies from Bulgaria and Romania want to move to Serbia. About 20 companies have shown interest in the last week in moving their production to Serbia, claimed the director of the Agency for foreign investment and export promotion Vesna Peric.According to her estimates this is a consequence of the global economic crisis. The biggest interest of the foreign investors is in the field of the automobile industry and the production of accumulators. още »

The necessary requirements for protection of the environment will be met in the construction of the pipeline Burgas-Alexandroupolis. This was announced by representatives of the international construction company "Trans-Balkan Pipeline", which will be in charge of the construction of the facility and its exploitation.The manager of the Greek part of the project Hristos Dimas pointed out that the work on the technical-economic motivation of the project must end in the summer of 2009, BTA reported. още »

The inflation in Bulgaria in October is 10.9% on an annual basis, informed the National statistic institute.In the period January – October 2008 compared to the same period last year the inflation reached 13.2%.The index of the consumer prices for October 2008 compared to September 2008 is 100.5% and the inflation is 0.5%. The harmonized index of the consumer prices for Bulgaria for October 2008 compared to the previous month is 100. още »

The total amount of the approved projects for financing on the Operative programme "Administrative capacity" (OPAC) from Sofia and the region is 77 972 241,05 levs. This was announced by the Ministry of state administration. 18 246 000 of them have been transferred to the accounts of the beneficiaries. These are non-governmental organizations, government institutions and organs of the judicial authority, Darik announces. още »