Tips of Avoiding Non-Delivery of Merchandise

Tips of Avoiding Non-Delivery of Merchandise, we hope it is helpful for your import export trade business ...

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Good luck: Bulgarian courts are notoriously bad at resolving commercial disputes

Filmmaking's Battle in Bulgaria. Eastern Europe has credibility as a setting, but buying a Sofia film lot has proved a challenging role for U.S. producer David Varod. In the Bulgarian capital of Sofia lies a street that looks for all the world like Los Angeles. If David Varod has his way, soon a big piece of Hollywood will rise there as well...

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Bulgaria-Linked Irish Property High-Flyer Gets Clients into Court Troubles

A couple who were clients of Michael Lynn, a controversial Irish solicitor and property developer with huge investments in Bulgaria, are facing a legal action by a bank. Aer Corps officer John Mulkearns and his wife Lorna Farrell, of Iona Road, Glasnevin, Dublin, are being asked to repay loans of more than EUR 2 M which the Bank of Ireland Mortgage Bank claims it was told were to clear several existing mortgages with other banks, the Irish Independent daily reported...

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Bulgaria's Borovets Resort - Sky High Skiing and Prices to Match

The winter resort of Borovets, one of Bulgaria's main ski destinations, may be popular among foreigners as being slanted towards budget tourists, but this certainly will not be the case with Bulgarians...

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US Insurance Giant AIG Buys Bulgaria's BTC Telco

Thor Bjorgolfsson, the Icelandic mogul, has announced his intention to sell the call option on the 65% stake in Bulgaria's former state landline monopoly BTC at the start of the year. After months ...

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Belene Nuclear Plant Seeks Strategic Investor

Bulgaria's tender to pick a strategic investor for 49% in the company that will build and operate the country's second nuclear power plant at Belene on the Danube drew 10 letters of interest in June, with five companies ...

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Higher Tobacco, Fuels Excise Duties Go into Effect in Bulgaria

Cigarette duties will rise by 34% starting from January in the first step of a three-year programme that will see the duty rise to EUR 64 per thousand cigarettes by 2010, from the current EUR 31. ...

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Romanian Companies Move to Bulgaria

Romanian firms plan to move their business to Bulgaria, because of the better business climate in our country, Alexander Djoganov, head of the Small and Medium-sized Enterprises Directorate of DSK (State Savings Bank,) warned at a conference in the framework of the Finance for Everybody exhibition in Sofia's National Palace of Culture. This year the emphasis in on the banks' participation in European projects.

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