BULGARIAN ECONOMY

Bulgaria ranks second in the production of gold in Europe

Bulgaria holds a leading position in the European mining, ranking second in the production of gold and third in the production of copper in the continent, according to the Bulgarian Mining Chamber. Under the production index per capita our country falls into the definition of a “mining country” with an indicator above the global average.

Nearly 24,000 people are employed in the sector and for the previous year a growth in the average wage is recorded. The mineral-raw materials industry generates about 4% GDP and is one of the pillars of national economy.

Almost 600 are the mining localities in the country. Despite the good results in the extraction of gold and copper, the coal remains the main raw material mined in Bulgaria. 80% of the mining activities in our country are carried in an open way.

NEWS FROM BCCI

BCCI: Institutions to focus their attention on promoting trade and economic relations with third countries

Bulgarian economy will grow if exports increase Още

BCCI is preparing the new classification “TOP 100 companies and holdings leading in the Bulgarian economy”

Foreign and Bulgarian institutions, banks, embassies, representation offices of international organizations have declared interest towards the classifications Още

BCCI awarded the Ambassador of India to Bulgaria with an honorary diploma

For his contribution to the development of the bilateral trade and economic relations and for his active collaboration with the Chamber Още

BCCI organizes the participation of companies in the International Technical Fair

September 29 – October 4, 2014, Plovdiv Още

FINANCE

Minister of Finance: The overestimated revenues and the increased expenditures in the first seven months of the year are the main problem of the state finances

We must contain the deficit within 3%, the Minister was firm Още

BULGARIAN ECONOMY

Günther Oettinger pledges full support for Bulgaria's energy board

The Commissioner invited Bulgarian experts for talks at the European Commission to find balanced mechanisms and stabilize the Energy sector Още

Danube Bridge 3 to cost EUR 200 – 270 M

The exact location of the third bridge over the Danube River is to become clear in 2 months Още

Bulgaria ranks second in the production of gold in Europe

Under the production index per capita our country falls into the definition of a “mining country” with an indicator above the global average Още

Bulgaria's transport sector turnover increases by 13.4% in Q2 Y/Y

The greatest increase was observed in Warehousing and support activities for transportation - by 24.1% Още

INVESTMENT NEWS

BGN 2.5 million will be invested in a new tire plant in Slanotran, Vidin

The owner of the enterprise introduced an innovative technology for processing of raw materials, which was developed by Bulgarian scientists Още

Plant in Knezha will create 4900 new jobs

The Investor received a Class A Certificate for Investment Още