Category Archives: Bulgaria

Press Releases & News from Bulgaria distributed via EuropaWire

EIB Boosts Bulgarian Economy with €291 Million Financing and Advisory Support

(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release

Accenture Boosts AI-Powered Customer Insights with GemSeek Acquisition

(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of GemSeek, a prominent player in customer experience analytics, as part of its ongoing investment in data and AI capabilities through Accenture Song. GemSeek, founded in 2011, brings advanced analytics expertise … Read the full press release

Metso Secures EUR 10 Million Contract for Copper Flash Smelting Furnace Rebuild with Aurubis Bulgaria AD

(IN BRIEF) Aurubis Bulgaria AD has contracted Metso for a significant copper Flash Smelting Furnace rebuild project in Bulgaria’s Zlatitsa-Pirdop Valley, surpassing EUR 10 million in value. This collaboration marks another milestone in the longstanding partnership between the two companies, … Read the full press release

Lensa, един от най-ценените търговци на оптика в Румъния, пристига в България. Първият шоурум е открит в София

(НАКРАТКО) Lensa, известен търговец на оптика в Румъния, разширява присъствието си в региона, откривайки първия си магазин в България, конкретно в София. Магазинът предлага широка гама от очила и слънчеви очила на водещи марки, като Ray Ban, Police, Furla и … Read the full press release

EBRD and UniCredit Bulbank Partner to Support Tsenovo Solar Plant in Bulgaria

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to guarantee up to €25 million for a loan extended by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria, marking the first greenfield renewable project financed under … Read the full press release

EIF Signs €2 Billion Guarantee Agreements to Boost SMEs and Green Transition in Bulgaria

(IN BRIEF) The European Investment Fund (EIF), a part of the European Investment Bank Group, has inked guarantee agreements with four Bulgarian banks, including Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, UniCredit Bulbank, and United Bulgarian Bank, facilitating up to €2 … Read the full press release

EIB Backs Installation of Over 8,400 EV Charging Stations in Eastern Europe to Boost Clean Mobility

(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release

Coordinated Operation Across Four Countries Targets Online Trading Fraud Network Defrauding Millions

(IN BRIEF) Judicial and law enforcement authorities from Germany, Cyprus, Bulgaria, and Sweden collaborated in a coordinated action against an organized crime group suspected of online trading fraud. The criminal network operated fraudulent online trading platforms from call centers and … Read the full press release

EIB Backs Agria Group Holding’s Sunflower Oil Plant and Sustainable Transport in Bulgaria with €35 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has partnered with Kristera AD, a subsidiary of Agria Group Holding, to provide a €35 million loan for the construction of a new sunflower oil processing plant in northern Bulgaria and the acquisition … Read the full press release

European Investment Bank to Advise Bulgaria on Strengthening Development Financial Institutions

(IN BRIEF) The European Investment Bank (EIB) will provide advisory assistance to the Bulgarian Ministry of Innovation and Growth to enhance the effectiveness of the development financial institutions it supervises, with the aim of better supporting the Bulgarian economy. The … Read the full press release

Heidelberg Materials Initiates Carbon Capture Pilot in Bulgaria, Advancing CCUS in Eastern Europe

(IN BRIEF) Heidelberg Materials has begun construction on a pilot carbon capture installation named ANRAV.beta at its plant in Devnya, Bulgaria. This pilot unit is a significant step towards the company’s larger ANRAV project in Bulgaria, the first full-chain carbon … Read the full press release

Arkema to Implement Innovative Purification Technology for Reduced Emissions

(IN BRIEF) Arkema is set to introduce a groundbreaking purification technology at its Carling production site in France by 2026, aiming to cut CO2 emissions by 20%. This investment aligns with Arkema’s climate plan validated on a 1.5°C trajectory by … Read the full press release

EIB Funds State-of-the-Art Children’s Hospital in Burgas, Bulgaria, Pioneering 21st Century Healthcare

(IN BRIEF) The European Investment Bank (EIB) has signed a €12.8 million loan agreement with the Municipality of Burgas in Bulgaria to co-finance the construction of a specialized children’s hospital. This modern facility, equipped with zero-emission technologies, aims to provide … Read the full press release

InvestEU-Backed EIF Guarantees to Enable UniCredit Group to Provide Favorable Loans to 2,500 SMEs

(IN BRIEF) The European Investment Fund (EIF) has provided UniCredit Group with two guarantees worth €370 million to support investment by small and medium-sized businesses (SMEs) across seven EU countries. The transactions are backed by InvestEU, the European Union’s long-term … Read the full press release

The European Bank for Reconstruction and Development (EBRD) to provide EUR 60 million loan to ProCredit Bank in Bulgaria in support of SMEs impacted by the war on Ukraine

(PRESS RELEASE) LONDON, 13-Dec-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced a 60 million loan to ProCredit Bank in Bulgaria in support of SMEs in the country impacted by … Read the full press release

Die Europäische Bank für Wiederaufbau und Entwicklung (EBRD) gewährt der ProCredit Bank in Bulgarien ein Darlehen in Höhe von 60 Millionen Euro zur Unterstützung von KMU, die vom Krieg in der Ukraine betroffen sind

(PRESSEMITTEILUNG) LONDON, 13-Dec-2022 — /EuropaWire/ — Die Europäische Bank für Wiederaufbau und Entwicklung (EBWE), eine multilaterale Entwicklungsinvestitionsbank, hat kündigte in ProCredit Bank an >Bulgarien zur Unterstützung von KMU in dem vom Krieg gegen die Ukraine betroffenen Land. Die Muttergesellschaft der … Read the full press release

New gaming brand Lorgar seizes European market

(PRESS RELEASE) AMSTERDAM, 3-Oct-2022 — /EuropaWire/ — Lorgar, the new brand of high-performance accessories for gamers, introduces a portfolio of products for gaming with top-tier functionality at competitive prices. The expansive brand catalog includes a number of product categories: mice, … Read the full press release

Solvay verwendet Biomasse zur Reduzierung der CO₂-Emissionen im Zusammenhang mit der Energieerzeugung in seiner Sodaanlage in Devnya, Bulgarien

(PRESSEMITTEILUNG) BRUSSELS, 23-Feb-2022 — /EuropaWire/ — Solvay (EBR:SOLB), ein internationales Chemieunternehmen, hat Pläne zur Reduzierung seiner CO2-Emissionen im Zusammenhang mit Energieerzeugungsaktivitäten um 20 % angekündigt seine größte europäische Sodaanlage in Devnya, Bulgarien, indem einer seiner bestehenden Kessel angepasst wurde, um seine … Read the full press release

Solvay to use biomass to cut CO₂ emissions related to energy production at its soda ash plant in Devnya, Bulgaria

(PRESS RELEASE) BRUSSELS, 23-Feb-2022 — /EuropaWire/ — Solvay (EBR:SOLB), an international chemical company, has announced plans to cut 20% of its CO2 emissions related to energy production activities at its largest European soda ash plant in Devnya, Bulgaria by adapting … Read the full press release

Transmetrics AI is Applied by DB Schenker to Improve Land Transport Network in Bulgaria

Transmetrics’ artificial intelligence solutions calculate volumes, goods flow, and the rationality of land connections. (PRESS RELEASE) SOFIA, Bulgaria, 24-Jan-2022 — /EuropaWire/ — Transmetrics, a state-of-the-art AI platform developed exclusively for the supply chain, announces today that their artificial intelligence (AI) … Read the full press release

EBRD to loan EUR 20 million to Bulgarian copper producer Sofia Med AD

EBRD €20 million loan to Sofia Med Funds to boost the capacity expansion investment Sofia Med to develop and implement a low-carbon strategy (PRESS RELEASE) LONDON, 27-Dec-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral … Read the full press release

TRANSMAR AND TRANSMETRICS SIGN DEAL FOR STATE-OF-THE-ART LOGISTICS COLLABORATION

Big Data and Artificial Intelligence help to significantly boost efficiency for Egyptian shipping company (PRESS RELEASE) CAIRO, Egypt / AMSTERDAM, The Netherlands, 31-Mar-2021 — /EuropaWire/ — The ‘AI platform for logistics’, as Transmetrics is often referred to, is successfully streamlining operations … Read the full press release

UniCredit wins multiple accolades at World’s Best Private Banks Awards for 2021

(PRESS RELEASE) MILAN, 14-Dec-2020 — /EuropaWire/ — Italian global banking and financial services company, UniCredit has been recognised as the Best Private Bank in Central and Eastern Europe for 2021 by Global Finance, for the 6th year in a row. … Read the full press release

Webuild announces the acquisition of 65% of Astaldi

Progetto Italia: New group to have more than 70,000 direct, indirect employees in 50 countries, order backlog of more than €40 billion The Group to continue to support relaunch of infrastructure sector in Italy along with supply chain of small- … Read the full press release

UniCredit to support social entrepreneurship through its sponsorship in Finance 4 Social Change

(PRESS RELEASE) MILAN, 16-Oct-2020 — /EuropaWire/ — UniCredit announces its participation in the Finance 4 Social Change (F4SC) project as the Main Partner.Through UniCredit’s Social Impact Banking (SIB) programme and in line with the Bank’s strong commitment to building a … Read the full press release

UniCredit ELITE CEE Lounge welcomes 8 new SMEs from Central and Eastern European countries

(PRESS RELEASE) MILAN/LONDON, 19-Nov-2019 — /EuropaWire/ — UniCredit announces 8 new companies joining the UniCredit ELITE CEE Lounge today. ELITE and UniCredit established UniCredit CEE Lounge to leverage the London Stock Exchange Group’s ELITE platform to support the growth of … Read the full press release

200 SMEs in Bulgaria, Latvia and Romania to benefit from the joint EBRD and EU programme

(PRESS RELEASE) LONDON, 4-Jun-2019 — /EuropaWire/ — Investment in research and innovation by small and medium-sized enterprises (SMEs) in Bulgaria, Latvia and Romania will now have support from new financing programme launched by the EBRD and the EU. The new … Read the full press release

Modern Times Group MTG AB divests its Bulgarian media business

(PRESS RELEASE) STOCKHOLM, 22-Feb-2019 — /EuropaWire/ — Modern Times Group MTG AB, a leading international digital entertainment group, has just announced it signed an agreement to sell its holdings in the Bulgarian media group Nova Broadcasting Group (Nova). The deal is for 95% stake … Read the full press release

i5invest открива офис в България

(PRESS RELEASE) СОФИЯ, 21-Януари-2019 — /EuropaWire/ — От януари 2019 i5invest, водеща международна консултантска компания със седалище във Виена, започна да предлага услугите си в сферата на корпоративното развитие и в България – петата държава с установено присъствие. Стъпването на българския … Read the full press release

EBRD invests EUR 100 million in a new seven-year €550 million bond issue by the Bulgarian Energy Holding (BEH)

EBRD invests €100 million in new bond issue of Bulgarian Energy Holding (BEH) BEH to refinance its 2013 issue and continue supporting liberalisation of electricity sector Largest corporate bond with longest tenor will deepen capital market LONDON, 15-Aug-2018 — /EuropaWire/ … Read the full press release

Societe Generale to sell its majority stake in Societe Generale Expressbank (Bulgaria) and Societe Generale Albania to OTP Bank

Societe Generale has entered into an agreement to sell its majority stake in Societe Generale Expressbank (Bulgaria) to OTP Bank. The closing of the transaction is expected to take place in the coming months, subject to receipt of clearances from … Read the full press release

PPF Group completes acquisition Telenor’s telecommunications assets in Hungary, Bulgaria, Montenegro, and Serbia

AMSTERDAM, 02-Aug-2018 — /EuropaWire/ — PPF Group has completed its acquisition of mobile operator Telenor’s telecommunications assets in Central and Eastern Europe, specifically in Hungary, Bulgaria, Montenegro, and Serbia. PPF Group has received all the necessary approvals from the relevant authorities … Read the full press release

Accenture to more than double the number of its skilled technology employees in Bulgaria

Company seeks people with skills in JAVA, SAP Hybris, Salesforce and Adobe for its Advanced Technology Centers in Sofia and Plovdiv SOFIA, Bulgaria, 13-Jul-2018 — /EuropaWire/ — Accenture (NYSE: ACN) plans to more than double the number of its skilled technology … Read the full press release

European Commission and Europa Nostra announce the winners of the 2018 EU Prize for Cultural Heritage / Europa Nostra Awards

BRUSSELS/ THE HAGUE, 17-May-2018 — /EuropaWire/ — The winners of the 2018 EU Prize for Cultural Heritage / Europa Nostra Awards, Europe’s top honour in the field, were announced today by the European Commission and Europa Nostra, the leading European heritage … Read the full press release

Coface: EU accession of Western Balkans likely to happen as it would counterbalance influence of Russia and China in the region

Bois-Colombes, France, 15-May-2018 — /EuropaWire/ — The European Union – Western Balkans Summit will take place in Sofia, Bulgaria, on the 17th of May 2018. This meeting aims to reaffirm the EU’s commitment towards the Western Balkans gaining EU membership. Coface’s economists … Read the full press release

Telenor sells its assets in Central and Eastern Europe (CEE) to PPF Group for EUR 2.8 billion

Fornebu, Norway, 21-Mar-2018 — /EuropaWire/ — Telenor has entered into an agreement to sell its assets in Central and Eastern Europe (CEE) to PPF Group for EUR 2.8 billion (around NOK 27 bn) on an enterprise value basis. The Board of … Read the full press release

MTG to sell its 95% stake in Nova Broadcasting Group Jsc. in Bulgaria to PPF Group

STOCKHOLM, 21-Feb-2018 — /EuropaWire/ — MTG has signed an agreement to sell its 95% shareholding in Nova Broadcasting Group Jsc. (“Nova”) in Bulgaria to PPF Group, the investment company controlled by Petr Kellner. The transaction values 100% of the business at … Read the full press release

Cargotec celebrates the official opening of its new global Cargotec Business Service centre in Sofia, Bulgaria

HELSINKI, 05-Feb-2018 — /EuropaWire/ — Cargotec celebrates today the official opening of its new global Cargotec Business Service (CBS) centre in Sofia, the capital of Bulgaria. The investment demonstrates Cargotec’s confidence in the local team of dedicated professionals and the … Read the full press release

FL Technics to provide extended services of base maintenance for 3 years to Bulgaria Air

Vilnius, Lithuania, 29-Jan-2018 — /EuropaWire/ — FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, has announced signing the agreement with Bulgaria national carrier Bulgaria Air. According to the agreement, Bulgaria Air will receive extended services of … Read the full press release

Kapsch TrafficCom to implement nationwide tolling system in Bulgaria for trucks over 3.5 tons

VIENNA, 16-Oct-2017 — /EuropaWire/ — Kapsch TrafficCom, a listed company, has been awarded the contract to implement a nationwide tolling system in Bulgaria for trucks over 3.5 tons, including technical configuration and provision of technical support. The contract also extends to … Read the full press release