German-Bulgarian firm SRS Bulgaria plans to invest BGN 483.7mn (EUR 247.3mn) in a wind power park near General Toshevo, in the northeast part of the country. The company will install 60 power generators with a total production capacity of 150-180 MW. The project, which has been awarded a first-class investment certificate, should be completed in 2011 and will create 20 jobs. |
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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