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Oil, Gas Explorations in Black Sea to Begin in February 2016 - Bulgarian PM

Bulgarian Prime Minister Boyko Borisov announced on Saturday that the oil and gas explorations in the continental shelf of the Black Sea will begin in February next year.

Borisov said that if his first government had not been forced to resign in 2013, the exploration of the Khan Asparuh field would have started by now.

OMV CEO says sees 'difficult future' for company in Turkey

Turkey has developed into a headache for Austria?s OMV, which took a 205 million-euro hit on its Samsun power plant after several quarters of low profits, according to Reuters.

The company?s new chief executive, Rainer Seele, said he saw a ?difficult future? for OMV in Turkey, especially for Samsun, according to Reuters report. 

Bulgaria's Ludogorets Signs Striker Competing for Romania's National Team

Bulgaria's reigning football champion Ludogorets signed on Thursday a contract with the Romanian striker Claudiu Keseru for three years.

The 28-year-old Romanian started his career at his hometown club - Bihor Oradea before moving to France, where he competed for the teams of Nantes, Libourne, Tours, Angers and Bastia.

130 kilos of heroin seized on Moldova-Romania border

More than 130 kilograms of heroin have been seized by Moldova's customs service on the country's border with Romania.

The drugs were found late on Monday hidden in 250 packages in a truck transporting tiles from Ukraine to Bulgaria. The market value of the confiscated heroin is said to be between 10 and 20 million euros.

Bulgaria's Exports to EU Increased by 12.2% in January-May

Exports from Bulgaria to other EU member states increased by 12.2% between January and May compared to the same period of last year, according to preliminary data from the national statistics body.

The total volume amounted to BGN 11.6 B, with Germany, Italy, Romania, Greece, Belgium and France remaining the country's main trade partners.

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