Business news about Varna, Bulgaria

Bulgaria’s anti-monopoly watchdog fined a BGN 232,242 Dalkia unit, which runs the heating utility in the coastal city of Varna, for market position abuse. Dalkia Varna has breached Bulgarian laws by attempting to sell its services directly to customers …

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 at the end of February 2012, according to a statement from the company that manages the airport. Airlines have announced that they will redirect flights to Burgas Airport because [...]

The municipal waste treatment plant near the village of Ezerovo, near the Bulgarian port city of Varna, will be given trial-run on April 19 2011, after two years of postponement, Darik Radio reported. The plant was supposed to be complete and ready to use in the summer 2010 but due to “unforeseeable circumstances, such as [...]

The European Commission has agreed to finance the Sofia – Varna (Hemus) motorway and 4 high-speed roads : Ruse- Shumen and Varna – Durankulak, Plovdiv – Rudozem and Dupnitsa – Ihtiman

Com­mis­sion for the Pro­tec­tion of Com­pe­ti­tion (CPC) author­ized the merg­er through acqui­si­tion of joint con­trol of a new­ly estab­lished soci­e­ty – Var­na Fer­ry Ltd. from the Bul­gar­i­an Mar­i­time Ship­ping Com­pa­ny Ltd. and the Bul­gar­i­an Riv­er Ship­ping AD.

The summer schedule of Varna Airport enters into force as of March 27, 2011; the first foreign tourists for the nearby Black Sea resorts are expected to arrive on Monday, March 28.

Dutch company Infinity Energy Holding will invest 50 million euros in the construction of a solar installation near Devnya, in the northeast of Bulgaria near city of Varna, Dnevnik daily reported on March 18 2011. The project was announced following a meeting with the governor of the Varna region, Yordan Simeonov, and the the company’s [...]

Two business players from Varna compete for the acquisition of Bulgarian American Credit Bank (BACB), a 49.99% stake of which has been offered for sale for several months, the Standart daily informs…

Bulgarian government has decided to start talks with Japan to annual a low-interest loan previously deemed to be of crucial importance for the development of Bulgarian Black Sea ports Varna and Burgas. The loan of a total of JPY 37 B, or BGN 640 M, from the Japan Bank for International Cooperation/Japan International Cooperation Agency [...]

Bulgarian Property Developments will welcome the first tenants of its Logistics Park Ruse and Logistics Park Varna’s building A6 later this year. The investor will offer modern warehouse facilities to the companies operating in the regions of Ruse and Varna. Logistics Park Ruse, which is shall be completed in Q1 2011, is situated one kilometer [...]


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