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Swiss investors interested in development centers in Bulgaria

The Bulgarian government will work to restore the image of the country as a reliable economic partner and a promising location for investments and business. This was what Minister of Economy Petar Dilov said at a meeting with Boni..

04.02.25 16:01 |
BIA President Dobri Mitrev

Businesses are cautious in their expectations for 2025

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..

17.12.24 11:32 |
Tsvetan Simeonov

The business wants political stability with a working government and parliament

With a growth of 2.2 percent, Bulgaria is among the top 6 countries in the EU, Caretaker Minister of Economy Petko Nikolov reported during the ceremony of presenting the annual awards of the Bulgarian Chamber of Commerce and Industry..

04.12.24 09:03 |
Dobrin Ivanov

Employers want the Supreme Administrative Court to freeze the minimum wage

Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...

05.11.24 11:41 |

The five largest Indian IT companies already have offices in Bulgaria

Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..

31.10.24 17:48 |

Bulgarian business is looking to hire 261,926 new workers and professionals

In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..

24.10.24 11:42 |

Political instability is a major challenge for German investors in Bulgaria

The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..

24.10.24 09:15 |
Rumen Radev, briefing for Bulgarian media, New York, 26 September, 2024

President Rumen Radev meets with representatives of business companies in US

Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with representatives of American companies. “Interacting with American companies and with..

27.09.24 10:40 |

Companies from 25 countries take part in 78th International Technical Fair in Plovdiv

The 78th Plovdiv International Technical Fair was opened in Bulgaria’s second largest city. 231 companies - direct producers and sales representatives from 25 countries, are participating in the forum, which will last until September..

25.09.24 14:40 |

At the beginning of 2024 economy reports weak growth with a drop in imports and exports

In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023 . The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute. The GDP..

07.06.24 11:59 |
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