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 »

Bulgarian companies - producers of wine, cosmetics and specific food will have the biggest chance to break on the immense Chinese market. That was announced by Ivan Lambov, director of a mediator firm in Beijing on the Plovdiv fair. It would be profitable to present Bulgarian tourist products and to take certain manufacture production in the Asian country. още »

TeliaSonera International Carrier expands its extensive international backbone further into Eastern Europe and sets up its first point of presence in Sofia. Customers will benefit from the availability of high quality IP services and the ability to connect locally to Europe's largest and fastest growing IP-backbone. "The expansion into Balkan area and Eurasia is an important strategic step in our ambition to become one of the three largest global IP carriers" said Malin Frenning Senior Vice President of TeliaSonera and Head of TeliaSonera International Carrier. още »

The interest of Bulgarian and foreign tourists towards local SPA and wellness tourism is increasing. This was reported after the latest research of local State Agency of Tourism (SAT).According to the research 18% of the Bulgarians and 134% of the foreign tourists devote time for SPA tourism during their winter vacation.One of the main priorities in the strategy for developing of the sector is exactly this kind of tourism, pointed out Stela Baltova, vice chairperson of SAT. още »

14,6 annual inflation announced from National Statistical Institute. The index for consumer prices for April this year compared to March 2008 is 100,9% and the inflation is 0,9%. The inflation for the period January - April 2008 compared to the same period last year is 13,6%.After the goods and the services with biggest price jump for April compared to March are: the alcohol drinks and tobacco - up with almost 3%, foodstuff and beverages - 1,3%, clothes and shoes - with increase of 1,6%. още »

24% raise in the sale of new automobiles for the first 4 months of 2008 accounts the report of the Bulgarian Automobile Importer's Union, compared to the same period for the last year. The sold new cars for the period are 18, 787, buses and trucks - 1, 432. The motorists have obtained 168 new machines.For the first 4 months of the last year the realized sales of new cars in Bulgaria were hardly 15, 037. още »

The number of foreign tourists, who arrived in Bulgaria in 2007 is more than 4 million people, which is growth of 7% compared to the previous year. The incomes from tourism in 2007 are round 11% more compared to 2006, says an analysis of Bulgaria's Center for Economy Development.This way the incomes from visitations reached the sum of 2,3 billion EUR. още »

Bulgaria's M-Tel has announced that only 266 of its customers have taken advantage of the mobile number portability (MNP) service to switch to another network operator. The country launched MNP one month ago. The company also said that just 418 people have ported the numbers into the M-Tel network.The data comes up to the company's expectations, which announced in April that does not count on MNP to increase its client's base, nor expects a serious churn. още »