First Investment Bank sold to the real estate company Soravia 40% of the land of the former metallurgical plant Kremikovtsi. The CEO of Fibank Nedelcho Nedelchev announced that the Austrian company paid nearly EUR 39 million for 3.08 square kilometers of land. Soravia acquired the asset, in order to meet the demand of its clients of land in Sofia that will be used for development of new, modern, high-tech and environmentally friendly manufacture, Nedelcho Nedelchev added. Closed industrial areas in such proportions, situated in close proximity to a megacity, are unique for the EU. The existing industrial infrastructure, the excellent transport links and the size make the plot attractive for large-scale, industrial and logistic development, the investors contend.
The overall consumer confidence index in October 2025 fell by 4 points compared to July, the National Statistical Institute has reported. In July, the indicator decreased by 4.7 points compared to April. In October, there was an..
By mid-December, all military units in the country will be equipped with drone control simulators, said Major General Deyan Deshkov, Commander of the Land Forces, at the Lyulyak training ground near Stara Zagora. He clarified that the drones have..
Swiss commodity trader Gunvor said it has withdrawn its proposal to buy Lukoil’s foreign assets, including the refinery in Burgas, after the U.S. Treasury called it Russia’s ‘puppet’, Reuters reported. Prime Minister: Bulgaria has a..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia..
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on..
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