Bulgarians will work for the State for nearly 140 days in 2021, and the tax freedom day will not come until the end of May. This year […]
Category: Business in Bulgaria
Bulgaria: Forecasts For Record Drop In Power Generation Proved Right
If we compare the data of 2020 and 2019, we can see that electricity generation has fallen by almost 8%, which is a record for […]
US State Department: Turkish Stream Undermines European Energy Security
The US State Department expressed its strong opposition to the Turkish-Russian TurkStream gas pipeline saying that together with the Nord Stream 2 they undermine the European energy […]
Spanish Delivery Service Glovo Wants To Set Foot In Bulgaria
The shutdowns of malls and restaurants first in March and then in end-November has seriously impacted the trade and hospitality industry but at the same […]
Bulgarian Milk And Meat Products Account For 70 Percent On Local Market
Nearly 70% of dairy and meat products in large retail chains are Bulgarian, according to a survey by the Modern Trade Association. The most significant […]
Bulgaria: Heating Companies Agree To Provide More Information To Consumers
The Association of Heating Companies in Bulgaria supports State Energy and Water Regulatory Commission (KEVR) in its request to provide more information about the work of the […]
Bulgaria: Two-Thirds Of Small Businesses Cannot Service Their Loans
More than 20% of small and medium-sized enterprises in the country have difficulty reviving their business impacted by the Covid crisis. More than 75 percent […]
Bulgaria: Whole Districts For Sale Along The Black Sea Coast
Brokers in the Black Sea city of Burgas report mass sales of apartments and retail outlets by the sea. Most of the listings for sale are by […]
Simeon Djankov: Next 3-4 Months Will Be Hard For Bulgaria
“Three or four difficult months are in store for the Bulgarian economy. Our major trading partners – Britain, Germany, France – are introducing severe ant-epidemic […]
Prime Minister Borissov: Bulgaria Keeps Building Even in Pandemic
“Even in the face of a pandemic, we are building. Bulgaria is a beautiful country, but it’s hard to implement construction projects here,“ stated Prime Minister Boyko Borissov, […]