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.
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
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..
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