The mayor of Bulgaria’s capital Sofia Yordanka Fandakova, the Acting Director of the U.S. Trade and Development Agency Enoh Ebong and the U.S.Ambassador to Bulgaria Herro Mustafa signed a grant agreement aimed at financing a plan for modernization of “Toplofikaciya Sofia” district heating company.
The plan is to analyze the possibilities for complete reconstruction, rehabilitation and recapitalization of the municipal enterprise that serves almost 1 million zitizens, announced the press center of Sofia Municipality. The analysis will be performed by a team of highly qualified American experts in the field of engineering, finance and law.
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate..
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