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.
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according..
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