The leadership of the Bulgarian Industrial Association have met with the new Bulgarian ambassador in Beijing, Andrey Tehov. Chair of the association, Dobri Mitrev, informed the diplomat that entrepreneurs trading with China consider bilateral business relations to be unbalanced due to objective political reasons.
The country's performance in the Chinese market could be improved and Bulgaria's presence at major trade fairs in China should be completely reconsidered, according to the association. It is important for Bulgarian companies to enter sectors such as green energy, electric vehicles, specific foods. However, the companies that tried to enter the Chinese market are pressured by the Chinese counterparties to reveal their trade secrets.
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
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