One of the largest Austrian ski equipment manufacturers in the world , based in the ski resort of Chepelare, will build a new plant in the nearby town of Asenovgrad, Bulgaria. Production is expected to start by the end of 2023. According to managing..
The war in Ukraine is putting the world economy to the test, and UN experts are presenting an outlook for 2023 with the slowest growth rate in a decade. For Bulgaria the outlook is for a slowdown of growth from the expected 3% for 2022 down to..
Parliament has approved an increase in Bulgaria’s shareholding in the capital of the Black Sea Trade and Development Bank. At the beginning of 2023, the bank’s board of governors adopted a strategy for increasing its capital by over EUR 244..
Moody’s credit ratings agency has affirmed the long-term foreign and local currency sovereign credit ratings on Bulgaria at ‘Baa1’ with a stable..