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.
The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury. This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to..
47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards. This is the result of a national survey conducted by the Market Links agency between 27 April and..
The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..
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