Bulgaria Eases State Property and Investment Rules

Bulgaria Eases State Property and Investment Rules

Bulgaria 31 July 2025 22:40

Parliament passed amendments to the State Property Act on Thursday with support from GERB-UDF, Movement for Rights and Freedoms - New Beginning, BSP - United Left, There Is Such a People, and two independents. Other parties, including Continue the Change - Democratic Bulgaria and Vazrazhdane, did not take part, CE Report quotes BTA

The new rules allow parts of state-majority-owned companies to be sold via electronic auctions. Changes to other laws were also adopted.

Under the revised Medical-Treatment Facilities Act, property rights may now be granted to state-owned hospitals without auctions for healthcare purposes.

Amendments to the Investment Promotion Act shorten approval times by half for nationally significant projects, including those under environmental and industrial park regulations.

Additionally, the Supreme Administrative Court (SAC) will now handle appeals related to the compulsory purchase of private properties for national projects. The SAC will receive more judges by early 2026 to support this new responsibility.

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