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Financial and business news from Bulgaria

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  • Chinese telecom operator Chyna Unicom said Monday its net profit reported 11 percent growth in 2019, despite a slight drop in revenue amid fierce competition in the sector, Radio China reports.
    Chyna Unicom reported 11 per cent profit growth despite lower earnings
    2020-03-26 10:30:17
    Chinese telecom operator Chyna Unicom said Monday its net profit reported 11 percent growth in 2019, despite a slight drop in revenue amid fierce competition in the sector, Radio China reports.
  • The license of the bookmaker Eurofootball Ltd will be revoked today by the State Gambling Commission, the company said. The meeting is from 11 o'clock and has only two points relating to the license of “Eurofootball”.
    They take the license of “Eurofootball”
    2020-03-26 09:30:05
    The license of the bookmaker Eurofootball Ltd will be revoked today by the State Gambling Commission, the company said. The meeting is from 11 o'clock and has only two points relating to the license of “Eurofootball”.
  • Because of the emergency situation and the measures introduced to prevent the spread of the coronavirus stopped buses to Sofia and almost all lines from the regional centers to the other settlements in the Northwest.
    Buses from the regional centers in Northwestern Bulgaria to Sofia stopped
    2020-03-26 08:30:16
    Because of the emergency situation and the measures introduced to prevent the spread of the coronavirus stopped buses to Sofia and almost all lines from the regional centers to the other settlements in the Northwest.
  • Markets in Asia saw a rise in major stock indexes. Tokyo's Nikkei 225 climbed over 7%. Trade in Europe has also started in the green sector.
    Rise in major stock indexes in Asia
    2020-03-26 06:30:16
    Markets in Asia saw a rise in major stock indexes. Tokyo's Nikkei 225 climbed over 7%. Trade in Europe has also started in the green sector.
  • Four airlines are flying today to and from Sofia Airport. These are the last mohicans to keep the metropolitan airport open. Bulgaria air has flights from and to London (Heathrow), Berlin, Amsterdam, Varna. Wiz er flies to Paris, Copenhagen, London (Luton), Eindhoven, Frankfurt. BH Air has a flight from Delhi.
    The last to fly to and from Sofia
    2020-03-26 06:30:04
    Four airlines are flying today to and from Sofia Airport. These are the last mohicans to keep the metropolitan airport open. Bulgaria air has flights from and to London (Heathrow), Berlin, Amsterdam, Varna. Wiz er flies to Paris, Copenhagen, London (Luton), Eindhoven, Frankfurt. BH Air has a flight from Delhi.
  • A request for exemption from customs duties and VAT on medical goods related to the fight against Covid-19 on imports was approved by the government at its video session on Wednesday. It is up to the European Commission, the insistence is to include in the first general decision of the Commission.
    Goods for the fight against Covid-19 to be free of customs duties and VAT on imports, Bulgaria wants
    2020-03-26 05:30:17
    A request for exemption from customs duties and VAT on medical goods related to the fight against Covid-19 on imports was approved by the government at its video session on Wednesday. It is up to the European Commission, the insistence is to include in the first general decision of the Commission.
  • “The municipality of Dobrich will reduce 50 percent rents on municipal property sites that are used by companies during the state of emergency. Other measures to support business in the city are being developed” — Dobrich Mayor Yordan Yordanov announced at a press conference.
    The municipality of Dobrich will facilitate business in the state of emergency
    2020-03-26 05:30:05
    “The municipality of Dobrich will reduce 50 percent rents on municipal property sites that are used by companies during the state of emergency. Other measures to support business in the city are being developed” — Dobrich Mayor Yordan Yordanov announced at a press conference.
  • An average of 50 per cent cut the government's charges for using the 5G radiofrequency sector. This is done by a decree adopted at Wednesday's online session. Reduced charges are for introducing new generation high-speed wireless networks Approved reduction of the one-time fee for using bands in 800 MHz, 900 MHz, 1.5 GHz, 1800 MHz, 2100 MHz and 2.6 GHz in half.
    5G charges halve
    2020-03-26 04:30:17
    An average of 50 per cent cut the government's charges for using the 5G radiofrequency sector. This is done by a decree adopted at Wednesday's online session. Reduced charges are for introducing new generation high-speed wireless networks Approved reduction of the one-time fee for using bands in 800 MHz, 900 MHz, 1.5 GHz, 1800 MHz, 2100 MHz and 2.6 GHz in half.