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.
The international credit rating agency Moody’s has confirmed Bulgaria’s credit rating with a stable outlook. The agency expects to see the economy grow 2.9% this and next year. Provided the budget is balanced and the government debt reaches..
The European Semester 2017 report has been released by the European Commission. On the day that followed the International Monetary Fund released its new report with recommendations. Both documents deal with Bulgaria’s economic and social..
The Oberthur Fiduciaire joint venture company of the Bulgarian National Bank and French company Oberthur Fiduciaire SAS, has received from the European Central Bank permission to print euro banknotes. This does not mean that the machines of..