The local subsidiary of the Greek Hellenic Petroleum, Eco Bulgaria, plans to launch more than 20 new petrol stations in the next four years, investor.bg reported. The company intends to run above 100 units by 2015 and reach a position among the three largest players in the fuel retail trade in the country. The amount of the investment has not been announced yet. Eco Bulgaria operates 82 petrol stations in Bulgaria. So far the company has invested more than BGN 260mn in construction of new stations and in the purchase and modernisation of built units since it entered the country in 2002. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more