The capital of the Bulgarian development bank will be increased by 330 million levs, the cabinet decided. Its increase is one of the measures of the government against the effect of the world financial crisis on the real sector. This is the second increase of the bank's capital. On November 4 2008 the Ministerial council decided that it is to be increased by 100 million levs. още »

A price increase of natural gas of at least 21% beginning January 1 was demanded by Bulgargaz from the State commission on energy and water regulation, BNT announces. Thus, in the next quarter of the year, 1000 cubic meters of gas will be sold at about 653 levs without VAT.The gas company motivated the demanded price increase with the over 15% increase of the value of the US dollar in the last period, as well as the lower price, which was ordered by the national regulator for the previous quarter. още »

According to preliminary data in October 2008 the general industrial production is 0,6 per cent bigger compared to September. The general index of industrial production is defined to a great extent by the index of the processing industry, which in October 2008 increases by 0,1 per cent compared to the index for September.On a yearly basis, however, industrial production decreases by 1,9 per cent. още »

The Commission for consumer protection sanctioned the Blagoevgrad company "Zlaten luch" (Golden ray) with 60 000 levs for imitation, the Commission announces. The case has been started after claim of "Klas olio" OOD (Klas oil), which mainly produces refined butters and fats, distributed in the country and abroad and is an owner of the combined brand "KLAS OLIO". още »

A sanction of 20 000 levs will have to be paid by each of the electric companies - CEZ and E.ON. The State commission for energy and water regulation decided to impose sanctions on the energy companies, because they do not comply with the decision for the implementation of unified prices for additional services.Both the Czech and the German companies have declared in writing that they will not comply with the decision of the regulator. още »

The government of Oman has decided to participate in a competition for the concession of the construction of a bridge over the Danube near Silistra. This was announced by the mayor of the municipality Ivo Andonov, cited by Radio Shumen.He has received a letter from State investment fund of Oman.It announces that a team of international consultants, hired by Oman team, has presented extremely good data for the strategic location of the bridge. още »

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 »