From 1 April 2016, the tobacco holding Bulgartabac will suspend production and sales of its tobacco products to the Middle East, the company said. According to a report in Capital daily, this market accounts for about 80% of the export earnings of the company. In a press release the company explains its decision by a sharp decline in orders due to "negative publicity" and the sensitive situation in the region.
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
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