If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics. This was what President Rumen Radev said at the ceremony for announcing the winners of the 17th edition of "Manager of the Year" competition.
President Radev presented the award to Jesus Caballero, CEO of SOF Connect, which is the operator of Sofia Airport. Jesus Caballero said this was the best recognition for his team. "I have a vision to turn Sofia Airport into a regional hub and the first five-star airport in Europe," Caballero said and pointed out that with a capacity of 20 million passengers per year, after the completion of Terminal 3, it will be the airport with the largest capacity in the Balkans.
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..
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