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ATTN. Owners of Bulgarian companies

Aug 12th, 2009

With reference to the recent amendments made in the Bulgarian Commercial Law and the Commercial Register Law in accordance with the EU Legislation System, herewith we would like to inform you that all companies registered in Bulgaria, have to be re-registered as required by the provisions of the above quoted laws. Please be advised that if you have not re-registered your company in due time, upon the expiry of the set term your company will be announced in liquidation [...]



Bulgaria Achieves Kyoto Protocol Targets - IWR Report

Aug 11th, 2009

Bulgaria’s CO2 emissions reached 52,8 M tons in 2008, making it one of the few EU countries to achieve its targets under the Kyoto Protocol. Global carbon dioxide emissions in 2008 rose 1,94 % year-on-year to 31,5 B tons, German renewable energy industry institute IWR said on Monday, based on official information and its own research on 65 countries worldwide [...]



Bulgaria’s new cabinet sworn in

Jul 27th, 2009

Bulgaria’s new government headed by Prime Minister Boyko Borisov of The Citizens for European Development of Bulgaria (GERB) party was sworn in Monday morning. Bulgaria’s parliament expectedly approved the structure of the center-right government of Boyko Borisov, leader of the winner in the recent general elections GERB, voting 162-77 [...]



Bulgaria with Cheapest Consumer Goods and Services in EU 27

Jul 26th, 2009

In 2008, Bulgaria had the lowest price level for goods and services of all 27 EU member states, according to latest Eurostat data. Bulgaria’s consumer prices for goods and services were only 51% of the EU 27 average. Other cheapest EU states are Romania (62%), Lithuania (67%), and Poland (69%). [...]



Bulgaria to Participate in Construction of Black Sea Highway

Jul 24th, 2009

Russia approved the project to build a highway around the entire coastal line of the Black Sea for the amount of USD 1 B. The highway will be 7,140 kilometers long and will pass through 12 countries. It will connect Turkey, Georgia, Russia, the Ukraine, Moldova, Romania, Bulgaria and Greece. [...]



F1 Grand Prix in Bulgaria

Jul 10th, 2009

Topsport - The contract for F1 will be signed on Friday
By Svetla Dimitrova
The track will be constructed most probably near Varna because of its infrastructure.
The president of the Bulgarian Federation of Motor-cycling (BFM) Bogdan Nikolov announced, that Bulgaria would sign a contract to host the F1 Grand Prix with the promoter of the World Championship [...]



BULGARIA’S GENERAL ELECTIONS

Jul 10th, 2009

Bulgarian premier promises to fight corruption
Boyko Borissov, Bulgaria’s prime minister-elect, pledged to tackle corruption and overhaul the budget after his new right-of-centre political party won Sunday’s general election by an unexpectedly large margin.
Mr. Borisov said his government would “find out the real situation with the budget” before deciding whether to follow the example of Romania [...]



The GCP (General City Plan) envisages Varna – a district centre and a gateway to the EU

Jul 7th, 2009

The role of a gateway to the European Union is beyond doubt the most important feature for the future of Varna. The definition “gateway” hardly needs a detailed description, because the city has always had this function in relation to the country[...]



The new General City Plan (GCP) foresees that Varna will double its electricity consumption in 2030

Jun 29th, 2009

The city growth in the future can be measured not only by the number of its residents or by the surface of the area the city covers itself. It can be also calculated by the measurement units for power and voltage, because the consumption of electric energy is naturally increasing not only because of the population growth, but because of the city’s constant economy development. [...]



Major projects are being realized mostly in Varna

Jun 26th, 2009

Varna, being the 3rd largest city in Bulgaria, has the highest rate of construction of new buildings in the past couple of years, in comparison to other towns in the country.

For many years now the Sea Capital is one of the most attractive destinations to locals, as well as to foreign investors. The opportunities, which the city offers with its sea outlet, are many [...]



The highest pylons with flags in Europe were raised in the Bulgarian Black Sea city of Varna

Jun 25th, 2009

The Bulgarian flag and the flag of Europe were put on the highest pylons with flags in Europe. This project was organized and initiated by the Ministry of State Administration and Administrative Reform of Bulgaria. [...]



ΕΠΙΣΗΜΗ ΑΝΑΚΟΙΝΩΣΗ

Jun 25th, 2009

Πληροφορούνται οι κατοχοι τεμαχίων γης στίς περιοχές PANORAMA-SPRINGFIELDS-OLD VINES-MARINA HILLS-GOLF HILLS-ACROPOLIS στην ενορία Κωνσταντίνοβο της Βάρνας που έχουν εκδηλώσει πρόθεση να πουλήσουν τα τεμάχια τους στην κοινοπραξία STERLING-STERN-ZENITH JV [...]



The Varna Town Plan project was admitted to public discussions

Jun 19th, 2009

The initial project for a new General Town Plan (GTP) of Varna was approved by the Minister of Regional Development and Public Works, Asen Gagauzov, and admitted to public discussions and consultations during the joint working conference of the National Expert Counsel for Territorial Structure (NECTS) and the Municipal Expert Counsel for Territorial Structure (MECTS), which began yesterday [...]



Legal reminder - companies registered in Bulgaria

Jun 17th, 2009

As you may already know, there is a new law for the Trade Register that came into force on 01.01.2008. This law refers to the registration of new business companies in Bulgaria as well as registrations of all existing companies in the new online trade register. According to this new law, all existing companies must be registered in the new register by 31.12.2010 [...]



James Bond Yacht Exhibited at Yachting Parade in Bulgaria’s Varna

May 26th, 2009

Sunseeker Superhawk, the model of James Bond’s yacht, was shown in Bulgaria’s Varna during a yachting parade. Bond’s yacht was exhibited during the traditional Bond Label party, an annual event bringing together celebrities and wealthy Bulgarians. [...]