Hema Finance Logo

Financial and business news from Bulgaria

News archive

  • China's major liquor production companies reported earnings growth of 11.7 percent year-on-year, reaching 179.2 billion yuan (nearly $28 billion) in 2020, according to data from the Ministry of Industry and Information, Radio China reported.
    China's alcohol industry with strong earnings growth in 2020
    2021-03-01 20:30:15
    China's major liquor production companies reported earnings growth of 11.7 percent year-on-year, reaching 179.2 billion yuan (nearly $28 billion) in 2020, according to data from the Ministry of Industry and Information, Radio China reported.
  • In 2020, EU member states accelerated their cohesion policy investments by €70 billion, increasing their total cohesion costs to 251 billion euros, the Commission said.
    Investment spending on projects in the EU increased to €251 billion in 2020
    2021-03-01 20:30:03
    In 2020, EU member states accelerated their cohesion policy investments by €70 billion, increasing their total cohesion costs to 251 billion euros, the Commission said.
  • The Ministry of Tourism is starting payment of state aid of £51m, the state department said. The Ministry's assessment committee has prepared the documents that can start transfers of amounts to companies, with accurate documents. These are 86 proposals and will receive the subsidy by order of the Minister of Tourism.
    Ministry of Tourism begins payment of state aid of BGN 51 million
    2021-03-01 19:30:17
    The Ministry of Tourism is starting payment of state aid of £51m, the state department said. The Ministry's assessment committee has prepared the documents that can start transfers of amounts to companies, with accurate documents. These are 86 proposals and will receive the subsidy by order of the Minister of Tourism.
  • Chinese investment in Australia is reporting a drop of more than 61 per cent in 2020, figures released over the weekend by the Australian National University (ANU) show.
    Chinese investment in Australia has shrunk significantly in 2020.
    2021-03-01 19:30:03
    Chinese investment in Australia is reporting a drop of more than 61 per cent in 2020, figures released over the weekend by the Australian National University (ANU) show.
  • *28.64 BGN will cost megawatt-hour natural gas from today, March 1, (no prices for access, transmission, excise duty and VAT). For the first time in months, the price that EWRC approves on the day of its entry into force remains the same as Bulgargaz initially proposed. This means that there is stability of quotations on gas exchanges in Europe, whose values set 70 per cent of the price of gas in our country. For February the established price of natural gas by the regulator was 30.39 BGN per megawatt-hour, which means a decrease for March by 5.76%.
    Final: Gas in March became cheaper by 5.76%. It is expected in April to increase
    2021-03-01 18:30:14
    *28.64 BGN will cost megawatt-hour natural gas from today, March 1, (no prices for access, transmission, excise duty and VAT). For the first time in months, the price that EWRC approves on the day of its entry into force remains the same as Bulgargaz initially proposed. This means that there is stability of quotations on gas exchanges in Europe, whose values set 70 per cent of the price of gas in our country. For February the established price of natural gas by the regulator was 30.39 BGN per megawatt-hour, which means a decrease for March by 5.76%.
  • Warren Buffett's Berkshire Hathaway (Berkshire Hathaway Inc) conglomerate announced today that its quarterly operating profit rose 14 percent thanks to results from its insurance business, and total profit approached $36 billion amid sharp appreciation of shares in the company's portfolio (e.g. Apple/Apple Inc), Reuters reported.
    Warren Buffett's conglomerate has earned over $80bn in 2020
    2021-02-28 19:30:17
    Warren Buffett's Berkshire Hathaway (Berkshire Hathaway Inc) conglomerate announced today that its quarterly operating profit rose 14 percent thanks to results from its insurance business, and total profit approached $36 billion amid sharp appreciation of shares in the company's portfolio (e.g. Apple/Apple Inc), Reuters reported.
  • Bitcoin's course in Sunday trading slipped to the lowest level in the past 20 days, Reuters reported.
    Bitcoin price fell to $44,600
    2021-02-28 18:30:14
    Bitcoin's course in Sunday trading slipped to the lowest level in the past 20 days, Reuters reported.
  • In February the total business climate indicator increases by 1.8 percentage points compared to the previous month, the National Statistical Institute reported. Improvement of business conjuncture has been recorded in construction and service sectors, while in industry and retail trade the indicator remains approximately at its January level.
    Statistics: Improvement in construction and services in February
    2021-02-26 23:30:15
    In February the total business climate indicator increases by 1.8 percentage points compared to the previous month, the National Statistical Institute reported. Improvement of business conjuncture has been recorded in construction and service sectors, while in industry and retail trade the indicator remains approximately at its January level.
Pages: