Over 42% of the startup companies in Bulgaria say that they face a moderate to high risk of bankruptcy in the coming 3 months.
75% say they are afraid this may happen in the next 6 months. The survey is by the Bulgarian Startup Association and the Bulgarian Small and Medium Enterprises Promotion Agency. 2/3 of the companies expect a drop in revenues of 40% and over. 63% are planning staff cuts. 2/3 of the startups say they need rescue financing of EUR 10,000 –100,000 from banks or from the state. 1/3 are expecting government procurement contracts or tax breaks to save them.
The Dairy Union of Ukraine plans to double the export of raw materials on the Bulgarian market. This was made clear during the first meeting of the organization with the Bulgarian Association of Dairy Processors in Veliko Turnovo, BNR’s..
After 4 years of investigation, the Sofia City Prosecutor’s Office has submitted to court the indictment against former gambling mogul Vassil Bozhkov, and another 9 persons, including officials from the now dissolved State Commission on Gambling, who..
Anton Markov from Russe, who is in the 6 th grade, reached the final round of the competition, and faced 4 th grader Sava Troanski from Pazardzhik. The winner in the up to 4 th grade group is Ekaterina Basheva, also from Russe. She won the..
Rain showers will temporarily stop overnight from the west. Clouds will be variable on Monday, often decreasing to mostly sunny spells. It will be windy..
Today, President Rumen Radev will receive caretaker Prime Minister Dimitar Glavchev to discuss with him the proposed changes in the composition of the..
For the early parliamentary elections in Bulgaria and the elections for European Parliament, which will be held on June 9, at this stage it is planned to..
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