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News

24 November

Bulgaria's Zagorka to build 2M leva green warehouse

    Bulgarian brewery Zagorka, a unit of Dutch brewing group Heineken, will invest two million leva in the construction of a warehouse, the company said on November 23 2011. The facility will be built on an area of 3000 sq m and will be certified under the Building Research...

22 November

Bulgaria's CiBank to lend 6M euro to Varna municipality

      Bulgaria's CiBank has won a public procurement tender to lend more than six million euro to the municipality of Varna, Public Procurement Agency data showed. According to the resolution published on the agency's website, CiBank was the sole participant in the...

22 November

Overnight stays in Bulgaria rise 19% Y/Y in Q3 2011

  Overnight stays in Bulgaria rise 19% Y/Y in Q3 2011 The number of overnight stays in Bulgaria rose by 18.9 per cent year-on-year to 1.769 million in the third quarter of 2011, the National Statistics Institute (NSI) said on November 18 2011. In July-September, overnight stays of...

09 November

Bulgaria's mortgage market has huge growth potential - MKB Unionbank

  Bulgaria's mortgage loan market still has significant growth potential, with several indicators remaining below levels in other states, Maria Ilieva, CEO of MKB Unionbank, said on November 7 2011 during the BalREc real estate conference in Sofia. Currently, residential loans per...

02 November

Bulgarian tourism marches confidently out of the crisis

Expectations for a better tourist season this year have been confirmed by statistics. In the first eight months of 2011, more than four million tourists visited Bulgaria, representing an increase of more than five per cent on the year. Sector revenues during the same period were also higher,...

02 November

Bulgarian banks achieve second Y/Y profit growth since financial crisis

In September 2011, profits at Bulgarian banks registered their second year-on-year growth since the start of the financial crisis, according to a report by the Bulgarian National Bank (BNB) on the state of the local banking system as of end-September 2011. For the first nine months of 2011, the...

02 November

Iceland's government proposes opening labour market for Bulgarians from 2012

The Icelandic government will submit in parliament a proposal to lift restrictions on the free movement of Bulgarian workers in the country, the Bulgarian Ministry of Labour and Social Policy said on November 1 2011. If the Icelandic parliament supports the proposal, Bulgarian citizens will...

16 August

Bulgarian navy marks 132 years

  The celebrations of the 132nd anniversary of the establishment of the Bulgarian navy began with a solemn ceremony of the hoisting of the navy flag and the flags of the ships at Varna harbour. After that the officer ranks and the diplomas of the graduates of the Naval Military...

16 August

Three international tennis tournaments to be held in Bulgaria this autumn

Three international tennis tournaments for women valid for the WTA world rankings, will be held in Bulgaria early this autumn. The tournaments in Varna (17-25 Sept.) and Plovdiv (24 Sept. - 2 Oct.) will have prize funds to the tune of US$ 10,000 each. The tournament in Dobritch from 1 to 9...

18 July

Bulgaria can become regional golf center, Peter Walton says

Bulgaria can become the number 1 golf destination on the Balkans and Southeastern Europe, Peter Walton, President of the International Association of Golf Tour Operators IAGTO. According to Mr. Walton, Bulgaria has a number of unique golf courses and beautiful nature that is attractive to...

08 July

Varna Airport will be closed four months for renovation after the end of the tourist season

Varna Airport will be closed four months for renovation. This will happen after the end of the tourist season -  from the end of October 2011 until the end of February 2012, according to a statement from the company that manages the airport. Airlines have announced that they will redirect...

31 May

Varna Summer Calendar 2011

1st – 11th June INTERNATIONAL THEATER FESTIVAL “VARNA SUMMER” From 35 to 45 performances are presented within 11 days as part of the different modules of the fest program. It consists of: a selection of Bulgarian productions – up to 20 titles of the previous theater...

16 May

International Black Sea expedition to uncover the roots of ancient civilizations

The summer season along the Bulgarian Black Sea coast is going to be a time for relaxation for some and for hard work for others, such as the team of marine scientists from the Institute of Ocean Studies in Varna. Preparations are currently under way for the start of an international underwater...

16 March

The Grand Duchy of Luxembourg supports Bulgaria entry to Schengen

Foreign Minister of Luxembourg Jean Asselborn expressed his support for Bulgaria and Romania to join the Schengen space in the coming months. On his vistit in Bucharest, Romania’s capital, Mr Asselborn also suggested that it would be good if EU placed national policies after european...

Currencies

USD - 1.78419
GBP - 2.65973
EUR - 1.95583

Weather

Sofia - 5 °
Varna - 5 °
Bourgas - 8 °
Ruse - 1 °