Nearly 90% of the vegetables and fruits sold on the Bulgarian market are imported and the local produce was brought down to its knees, Executive Director of Bulgarian Association of the Fruit and Vegetables Producer Organizations Chavdar Marinov..
Sofia’s Vitosha Boulevard has been steadily climbing up in the ranking of the most expensive luxury retail streets in the world, and is now 47 th out of a total of 65. This is the highest position a street in Sofia has occupied in the..
The Bulgarian labor unions have been dealing with the topic related to gray economy, informal employment and non-registered jobs for a long time. One day ago one of Bulgaria’s biggest syndicates the Confederation of Independent Trade Unions in..
Many international research centers and global institutions have already made their winter economic forecasts. The World Bank, the International Monetary Fund and the European Commission recently published their forecasts as well. The..
The world’s smallest cash register has become extremely popular amidst businessmen, manufacturers, distributors and traders in Bulgaria. The unique pocket-size cash register was invented be a team of engineers of a leading company on the Bulgarian..
Several days ago Bulgaria successfully completed the third market test for Turkish stream gas pipeline project which makes the outlook for the construction of an extension of Turkish Stream via Bulgaria with a capacity to transit 15.8 billion cubic..
In 2018 the foreign investments in Bulgaria dwindled with over half a billion Euro to EUR 800 million, preliminary data (from November 2018) of the Bulgarian National Bank show. Meanwhile, Bulgarian companies invested abroad nearly EUR 280..
Bulgaria may join the Eurozone on January 1, 2022 at the earliest, said Bulgaria’s Minister of Finance Vladislav Goranov. He voiced his bold forecast during a civil dialogue on the challenges facing Bulgaria on its road to a future Eurozone..
According to a report by the global consultancy company McKinsey, presented in Sofia last week, digitization could increase Bulgaria's GDP by 8 billion euros by 2025. In relation to this view, Mediapool website commented that digitization could..
Intelligent industry, or Industry 4.0, as they called it in Germany back in 2011, includes the most advanced level of automation of manufacturing processes through digital connectivity using computer and internet technologies. On their..
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“I am charmed by the blend of cultures, by the fact that this is a country where different worlds intertwine. In the centre of Sofia I see..
Bulgarian Minister of Agriculture, Food and Forestry Rumen Porozhanov has opened the first China-Bulgaria Agricultural Cooperation Demonstration Zone under..
US-based F-16 fighter jet manufacturer Lockheed Martin has been discussing opportunities for co-operation with the Bulgarian Academy of Sciences..