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.
In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023 . The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute. The GDP..
The perception of the level of corruption in Bulgaria remains very high, Geoff Gottlieb, Senior IMF Regional Representative for Central, Eastern and Southeastern Europe said. From an institutional point of view, the reduction in the level of..
Bulgarians own real estate in 64 countries around the world. This is shown by data of the National Revenue Agency, provided to the "24 Chasa" daily. By April 30, 2024, 3,604 Bulgarian citizens have declared they own real estate..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The..
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