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Category: Business in Bulgaria

Bulgarian Energy Holding: BGN 50 Million Loan For Mini Maritsa Iztok
September 16, 2020September 11, 2020

Bulgarian Energy Holding: BGN 50 Million Loan For Mini Maritsa Iztok

For the normal operation of Mini Maritza Iztok, the Bulgarian Energy Holding (BEH) will provide a long-term loan of BGN 50 million. An additional BGN […]

Ministry of Economy and BSMEPA Present the First Mapping of Bulgarian Industry
September 16, 2020September 11, 2020

Ministry of Economy and BSMEPA Present the First Mapping of Bulgarian Industry

– The Executive Agency for Promotion of Small and Medium Enterprises (BSMEPA) in partnership The Bulgarian Employers’ Association Innovative Technologies (BRAIT) prepared a study of […]

OLAF: Romania Ranks First In Fraud Cases With EU Funds, Bulgaria Is Fifth
September 15, 2020September 11, 2020

OLAF: Romania Ranks First In Fraud Cases With EU Funds, Bulgaria Is Fifth

Romania is the country where the European Anti-Fraud Office (OLAF) concluded the most numerous number of investigations on EU fund embezzlement last year. More than 10% of the […]

Bulgarian MPs Increase Minimum Unemployment Benefit
September 14, 2020September 11, 2020

Bulgarian MPs Increase Minimum Unemployment Benefit

The minimum unemployment benefit will increase from BGN 9 to BGN 12 from October 1 for a period of 4 months. This is provided by amendments to […]

Bulgaria-North Macedonia Historical Disputes Remain Unresolved
September 14, 2020September 11, 2020

Bulgaria-North Macedonia Historical Disputes Remain Unresolved

North Macedonia’s Premier Zoran Zaev always speaks with great optimism and great hope. I hope that he is honest, but to this day, there are almost no […]

UnitedLex Grows Operations in Bulgaria
September 13, 2020September 5, 2020

UnitedLex Grows Operations in Bulgaria

After expanding its presence in the Bulgarian capital of Sofia in 2017, UnitedLex has continued to thrive in the region, achieving high employee satisfaction rates […]

NSI: Close To 35% Of Non-Financial Businesses In Bulgaria Saw Sales Revenue Fall In July
September 13, 2020September 5, 2020

NSI: Close To 35% Of Non-Financial Businesses In Bulgaria Saw Sales Revenue Fall In July

A survey among 1318 non-financial enterprises in Bulgaria has found that 34.7 per cent reported a fall in revenue from sales of goods and services […]

Poll: Business Sentiment In Bulgaria Improved Fractionally In August 2020
September 12, 2020September 5, 2020

Poll: Business Sentiment In Bulgaria Improved Fractionally In August 2020

A regular monthly poll by Bulgaria’s National Statistical Institute (NS) has found that business sentiment in the country improved marginally in August 2020, compared with […]

US-based Concord Acquires Services Team Of Bulgaria’s HyperAspect
September 12, 2020September 5, 2020

US-based Concord Acquires Services Team Of Bulgaria’s HyperAspect

 US-based consulting firm Concord said that it has acquired the services team of Bulgarian software developer HyperAspect, which will rebrand to form Concord Europe. The acquisition will expand Concord’s […]

Bulgaria-based Multigrup Trade Buys Majority Stake In Belarusian Brewery – Report
September 11, 2020September 5, 2020

Bulgaria-based Multigrup Trade Buys Majority Stake In Belarusian Brewery – Report

Bulgaria-based company Multigrup Trade has acquired 89.7% ownership interest in Belarus’ Brestskoye Pivo brewery for 6.6 million Belarusian rubles ($2.5 million/2.1 million euro), Belarusian media reported.  In the deal […]

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