Business news about Varna, Bulgaria


Port Varna has registered a profit of over BGN 2 M for the past five months from the processing and storing of steel pipes earmarked for the construction of the offshore section of the South Stream gas pipeline, according to Dimitar Atanasov, Chairman of the Board of Directors of the company. Atanasov, as cited by [...]


Sitel, a leading global customer care provider, will open its second Bulgarian location in Varna in February 2015. The new customer experience center will provide German-speaking services for a well-known company in the telecommunications sector. Additional international customers will be served with multi-lingual customer care. Recruitment has begun, and Sitel will hire approximately 100 employees [...]

Turkish Airlines is to launch a regular Varna-Istanbul flight as of end-May 2014, according to the press office of Bulgaria’s Varna Municipality. The step was announced Wednesday after a meeting of Varna Mayor Ivan Portnih and Cenk Ocal, head of Turkish Airlines for Bulgaria, according to reports of The Turkish air carrier plans to [...]


The average asking sales prices for residential property in Bulgaria continued to fall, though slightly, in the third quarter of 2013, data of realtors shows. The average asking sales prices in Bulgaria’s capital Sofia stood at BGN 1 444.83 per square meter, and  Varna keeps the second place with  BGN 1 381.33 per square meter [...]

”We are interested in the concession of the Port of Varna. We will wait and see what steps will be taken by the Bulgarian side to have a clear position” German Ambassador Matthias Hoepfner announced in Varna after talks with the city’s mayor Ivan Portnih. He also mentioned how great importance have Varna as university [...]


On 17th October, 2013 in Varna a roundtable with the present and potential investors in the region was held organized by InvestBulgaria Agency (IBA). The executive director of the agency Mr. Svetoslav Mladenov, representatives of the business in Varna province, government and local authorities discussed the business climate and opportunities for investments in the region [...]

The first cyclotron in Bulgaria will start operating at “St. Marina” University Hospital in Varna within a few days. It will produce the isotope needed for the examinations with positron emission tomography scanner – the so-called PET scanner. This will be one of the final steps in the transformation of the University Hospital into a [...]

All Bulgarian and EU environmental requirements will be met in the construction of the South Stream gas transit pipeline, the South Stream company sought to assure Bulgaria Wednesday. A company statement clarified that the end of the underwater section of the Russian-sponsored pipeline will end on the Bulgarian Black Sea coast, and the starting point [...]

The Project was presented to the Prime Minister of Bulgaria by the Rector of Medical University – Varna Prof. Dr. Krasimir Ivanov and it was supported by the Mayor and the District Governor of Varna, who are willing to render their assistance to the academic community for its implementation. The project includes the development and [...]

Czech power utility CEZ, owner of the Varna Thermal Power Plant, has informed about the launch of a project for reducing sulphur and nitrogen oxides emissions and dust particles at three units of the plant. The project will render the three units of the TPP compatible with EU environmental emission standards and will extend their [...]