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.
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
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