The second largest tobacco company according to its shares on the world market – British American Tobacco (BAT) announced that it has made substantial investments in Bulgaria and that it is signing contracts for the purchasing of leading brands from Bulgartabak. The value of the deal is over EUR 100million and reflects Bulgaria’s growing reputation as a country preferred by foreign investors. This is the biggest investment in this country fir the current year. BAT-Bulgaria is to become one of the five biggest tax payers in Bulgaria, immediately opening over 100 new job positions in production and another 1000 in the sphere of distributions.
There are positive factors that made Bulgarians richer in the last four months of 2017. They are: sustainable growth of the economy by around 3.6 percent, increased employment rate, reduced unemployment, higher purchasing power of households...
Recently, public opinion in Bulgaria has been drawn by news stories about two interconnected phenomena. The first one is positive – wages of hired individuals have been rising steadily and the average monthly salary in the country at the end of..
Bulgaria has already exceeded the EU targets for production and consumption of electricity from renewable sources. Now normalization of electricity prices is in the offing. Eurostat announced recently that Bulgaria had not only reached,..