Categories: Bulgaria

Bulgaria Sued for Refusing to Link Business Register to EU System

Reading Time: < 1 minute

The European Commission took Bulgaria to the European Court of Justice after four years of Sofia refusing to link its national business register to the EU Business Registers system (BRIS).

BRIS is an information system that allows users to search company-specific data simultaneously in all EU countries with the purpose of ensuring better business transparency across the common market. The deadline the EU gave the Bulgarian government to introduce BRIS expired in June 2017.

In a related statement, the European Commission writes: “Bulgaria’s failure to connect to BRIS makes it complicated for EU citizens, companies and professionals to obtain relevant information on Bulgarian companies. Furthermore, without BRIS, business registers cannot cooperate in cross-border mergers that involve Bulgarian companies or in procedures related to cross-border branches of Bulgarian companies.”

Link to BRIS Search

CET Editor

Recent Posts

Poland tops employment rankings – OECD report

The EU’s employment rate reached a record high of 70.9% in the fourth quarter of…

4 days ago

Greece plans to repay Eurozone’s bailout loans whole decade in advance

Greece has announced plans to repay its first bailout loans a decade ahead of schedule,…

4 days ago

CEE economies tougher than you may think – ING

Despite their export-driven economies and strong manufacturing bases, Central and Eastern Europe (CEE) countries may…

4 days ago

Slovenia mulls French, US bids for nuclear project

Slovenia is at the centre of a strategic struggle between France and the US, as…

4 days ago

Single market is not single, and it’s costing us all

The EU’s internal market is still falling short of its founding promise. Despite decades of…

1 week ago

Foot-and-mouth sees culls, CEE border closures

An outbreak of foot-and-mouth disease (FMD) has prompted mass animal culls and tightened border controls…

2 weeks ago