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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.
The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. If a stable..
In the next 3 to 5 years, Bulgaria will experience a shortage of more than 250,000 specialists with higher education. For the past 8 years, Bulgaria has missed the opportunity, which a number of EU countries have taken advantage of, to conclude an..
The Governing Council of the Bulgarian National Bank (BNB) has ordered banks in the country to apply a minimum set of 6 indicators for monitoring credit standards when granting and renegotiating loans secured by residential real estate . The aim is to..
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