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

Romania overtakes Hungary on PPP

Romanians have been consuming more than Hungarians, Budapest-based business website Portfolio writes, and now it…

9 hours ago

IMF report shows CEE catching up on southern European neighbours

Per capita income in Slovenia will surpass that of Italy by 2029 when adjusted for…

10 hours ago

Xi to visit Hungary on Wednesday, but will skip Serbia trip – Szijjarto

Chinese President Xi Jinping will commence a three-day visit to Hungary from Wednesday, 8 May,…

10 hours ago

North Macedonia president loses big in first election round

No candidate received a majority of votes in the first round of the Presidential elections…

1 week ago

Czech FM visits Budapest, as Hungary prepares for EU presidency

Hungary will focus on key issues for central Europe during its upcoming EU presidency, Hungarian…

1 week ago

Westinghouse increasingly central to CEE’s shift from Russian nuclear industry

US nuclear firm Westinghouse Electric Company has signed memorandums of understanding (MOUs) with 17 Bulgarian…

2 weeks ago