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Bulgaria is among the largest producers of lavender oil in the world. Nearly 100% of it is export-oriented. The highest demand is in the USA, Germany, France, Austria, The Netherlands, India, Great Britain, Spain, Canada, Marocco, Jordan and China. A Bulgarian company, registered in Vratsa, which takes care of over 110 hectares of plantations near the village of Furen, is among the well-known producers. The company has closed the production cycle - from planting to harvesting, processing and packaging of the finished products.
"Our company's business is focused on a product that meets the European requirements for quality, has low production cost and achieves high competitiveness on the market," says Merilin Georgieva, whose family is the first producer of lavender oil in northwestern Bulgaria.
Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory Commission, the initially proposed price of EUR29.12 per megawatt-hour was reduced to EUR28.36. The..
200 million Leva (over EUR 102 million) of new debt is expected to be taken out on 13 May this year, according to the Bulgarian National Bank website. This is the date on which an auction has been announced for 6-month treasury bonds with an annual..
Fitch Ratings has affirmed Bulgaria's long-term foreign-currency Issuer Default Rating (IDR) at 'BBB' with a positive outlook. Bulgaria intends to request a reassessment of its progress on convergence criteria in 2H24, which should allow for..
Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory..
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