Invest Bulgaria Agency has confered the annual “Investor of the Year” awards for the 15th time. For the first time in the history of the contest the award ceremony took place entirely online, Bulgaria's Ministry of Economy has announced. The contest aims to award the most significant investment projects in Bulgaria in 2020. “Nestle Bulgaria” won the 2020 Investor of the Year award. The company operates on the Bulgarian market since 1994. Its produce is exported to more than 35 markets. The industrial group Sisecam won an award in the category “Sustainable development of investments”. It started business in Bulgaria in 1997 and has a flat glass factory, a factory for kitchen glassware and an automotive glass factory. Its total investments in Bulgaria reached USD 800 million.
The Association “Children with Onco-Hematological Diseases” was awarded a crystal plaquette for a “Successful Start-up”. It is the only parenting organization in Bulgaria for children with onco-hematological diseases which offers complex care- psychological support for both children and parents, art therapy, pedagogical session and consultation.
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..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
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