Economy of Bulgaria

Bulgaria's Trade with EU and non-EU Countries Increase Significantly

In the period January - March 2017 Bulgarian exports to the EU increased by 12.2% compared to the same period of 2016 and amounted to BGN 7 915.2M according to the National Statistical Institute. Main trade partners of Bulgaria were Germany, Italy, Romania, Greece, France and Belgium which accounted for 67.9% of the exports to the EU Member States.

Greek Strike Diverts Routes of Two Trains Moving Between Sofia and Thessaloniki

In relation to the announced three-day strike (May 30, May 31, and June 1) in Greece, the routes of two trains travelling between Bulgaria and Greece will be temporarily changed.

These will be the morning fast train from Thessaloniki to Sofia, as well as the afternoon fast train from Sofia to Thessaloniki, the press centre of Bulgarian State Railways BDZ announced.

BSR Organizes Attraction Ride With a Steam Locomotive For Saint George's Day

Bulgarian State Railways (BSR) organizes attraction ride with a steam locomotive for Saint George's Day, Liana Pandalieva (BSR) announced,  according to Radio Focus .

She said that the train will start from Gorna Oryahovitsa railway station on May 6. She added that for the passengers will be provided small gifts and additional information.

Most Powerful Steam Locomotive in Europe Starts From Sofia to Kyustendil

Minister of Tourism Stela Baltova has given the start to the debut tourist line of Europe's most powerful steam locomotive named Baba Metsa (Granny Bear), announced from BNR.

It starts the journey from Sofia to reach the western town of Kyustendil where the tourists on the train will be welcomed by tourist guides.

Bulgaria's GDP in Fourth Quarter of 2016 Stands at BGN 25.8B

According to preliminary data, Bulgaria's Gross Domestic Product in the fourth quarter of 2016 amounts to BGN 25.8B  at current prices or BGN 3,616 per capita of the population. In euro, that makes 13.191M, or 1,849 euro per capita of the population, indicate data by the National Statistical Institute on key indices of Bulgaria.

Chinese Investor 'Eyes Bulgaria's Railways'

A Chinese company is willing to invest more than BGN 300 M into Bulgaria to build a locomotives factory, caretaker Prime Minister Ognyan Gerdzhikov has said.

The investor is ready to cover the Bulgarian State Railways (BDZ)'s debt worth hundreds of millions, and to pay off BGN 260 M of it, the Bulgarian National Radio quotes Gerdzhikov as saying.