Bulgaria’s Minister of Economy Bogdan Bogdanov dismissed the executive director and the board of directors of the State Consolidation Company, which manages the enterprises in the system of the ministry. The new management is temporary and their salaries will be reduced by half, the minister announced.
The State Consolidation Company manages a capital of over BGN 1 billion (more than EUR 500 million). Six out of eleven companies are inefficient. According to an analysis of the enterprises in the ministry's system, unjustified costs exceed EUR 347.68 million. Inefficient state-owned companies will be deprived of representation costs, and a limit of EUR 2556.46 per year will be introduced for the rest. A comprehensive analysis of all companies is pending. Business programmes for the period 2024-2026 will be also prepared. State Consolidation Company is a sole joint stock company with one hundred percent state ownership of its capital.
Burgas is hosting a glamorous gala, bringing together dozens of martial arts champions. On Saturday, 24 August, the prestigious MMA organization is holding a BRAVE 86 competition with some of the most prominent world names in MMA taking part...
The first zoo-library is being organized in Bulgaria today, 24 August, from 10 AM, by the Sofia Library in partnership with the Sofia Zoo. Next to the pond in the Sofia Zoo, animal and book lovers will be able to see the exhibition “The birds..
An exhibition, mountain book readings, poetry and music – this is just part of Sofia Library’s programme celebrating 129 years since the first organized climb up to the highest point on Mount Vitosha. The invitation is extended to all mountain hiking..
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading..
Bulgaria ranks second in the European Union in the number of companies with more than 40% Russian ownership, according to a survey by Moody's. The..
The Bulgarian Pavilion at this year's Venice Biennale is a great success among international journalists and visitors. "It is a great recognition for us to..
sunshine, cloud, rain and thunder
Overcast, rain
Mostly Cloudy
Partly cloudy, chance of rain
Partly Cloudy