The results of the latest ManpowerGroup Employment Survey show that 11% of 621 employers surveyed in Bulgaria expect to increase employment levels in the next three months, 5% predict a reduction in staffing and […]
Category: Business in Bulgaria
South Korea Wants To Import Bulgarian Wines, Essential Oils, And Dairy Products
Bulgarian products including wines, essential oils, and dairy products have great potential to be exported to the Korean market. This was made clear during a […]
The Minimum Wage For 2020 – 1000 BGN?
The Confederation of Labour Podkrepa will ask for a minimum wage of 1000 BGN to be set in the budget for 2020, since this minimum wage currently […]
Low-Interest Rates On Loans Have Led To More Interest
In 2015, interest in lending returned. Last year and this year it was the strongest, caused by a fall in interest rates. For mortgage loans, interest rates are […]
624 Million Euro Were Transferred Into The CountryFrom Bulgarians AbroadForJust The First Half Of The Year
According to Bulgarian National Bank data, 624 million euros has been transferred to Bulgaria from Bulgarians living and working abroad in the period from the beginning of […]
Bulgarian Exports To Saudi Arabia Increased By More Than 60% In The First Six Months Of 2019
In the first six months of 2019 alone, exports from Bulgaria to the Kingdom of Saudi Arabia increased by over 60% compared to the same period in 2018, reaching USD 24.9 […]
Volkswagen Neglects Bulgaria Because Erdogan Decides To Hinder The Tax Rates
Turkey is increasingly confident that German carmaker Volkswagen will build its plant in the country after an “extremely positive” meeting between top company officials and Turkish President Recep Erdogan, Turkey’s Sabah writes […]
Industrial Giant ABB Opens New Plant With 420 Jobs In Petrich
The industrial giant ABB opens its newest plant in Bulgaria on September 17th. The new facility is the company’s second investment in Petrich and the fifth manufacturing facility in the country, […]
Industrial Production Index Rose By 0.8% As Compared To June 2019
According to the preliminary data in July 2019 the Industrial Production Index, seasonally adjusted, rose by 0.8% as compared to June 2019, reported the National Statistical Institute (NSI). […]
Bulgarian Airline Startup ‘Holiday Europe’ Declares High Ambitions With Plans To Operate Flights To 50 Cities
Bulgarian airline Holiday Europe has begun operations. The carrier announced on its website its inaugural flight took place on August 24th and routed between Antalya […]