The Appellate Court- Sofia upheld the decision of the Sofia City Court, which granted the prosecution's request to issue a European arrest warrant for former Bulgarian Development Bank Executive Director Stoyan Mavrodiev. While in the previous..
The businessman Rumen Gaitanski nicknamed the Wolf, Ivan Georgiev, a representative of Roadway Construction - Gaitanski's company, and the former head of the Bulgarian Development Bank, Stoyan Mavrodiev (2017-2020), are accused of an unsecured loan of..
The Bulgarian Development Bank (BDB) is starting "unlimited" financing for the country's defense industry. According to caretaker Minister of Innovation and Growth Rosen Karadimov, the military-industrial complex is a strategic sector for Bulgaria,..
Fitch Ratings has affirmed Bulgarian Development Bank AD's (BDB) Long-Term Issuer Default Rating (IDR) at 'BBB'. BDB's IDRs are equalised with Bulgaria's (BBB/Positive), reflecting a high probability of support from the sovereign, in case of..
Rebranding Bulgaria as a place for creating high-tech innovations and where good business can be done, which will be attractive to investors. This is what Milena Stoycheva, the minister of Innovation and Growh, said will be the priority in the work of..
The Bulgarian Development Bank (BDB) will help companies in the Manufacturing Industry sector to transition to a green and low-carbon economy through its new Energy Efficiency of Small and Medium Enterprises program. The need for such investments is no..
Bulgaria’s Prosecutor’s Office has terminated the investigation into PM Kiril Petkov’s citizenship. Kiril Petkov was also subject to checks regarding appointments at the Bulgarian Development Bank during his term of office as caretaker Minister of..
On November 26, the talks between “We Continue the Change”, the Bulgarian Socialist Party, “There is Such a People” and “Democratic Bulgaria” on the formation of a regular government with the mandate of “We Continue the Change” continue with a..
The parties trying to form a cabinet will need the support of the Bulgarian Socialist Party, MP Rumen Gechev from BSP forecasted in an interview for the Bulgarian National Radio. The socialist party will not support any prospective cabinet, proposed..
Bulgarian Development Bank has a new supervisory board, announced this country’s caretaker Minister of Economy Kiril Petkov. As of today, the bank will work only for small and medium-sized enterprises which apply for loans amounting to under EUR 2.5..
