In the next two years, US IT company AtScale will be investing 20 to 25 million dollars in its new engineering facility in Sofia. Teams working in Bulgaria will have the opportunity to develop their own, independent products, it was reported...
Bulgaria has placed 46th in the Forbes ranking of the best countries for doing business in 2018. The media points out that in recent years, strong domestic demand coupled with low international energy prices has contributed to the economic growth of..
The business climate in Bulgaria has deteriorated in 2018. This was stated by the chairman of the Bulgarian Industrial Association Radosvet Radev, referring to the results of a poll, in which 740 companies took part. 49% of respondents reported a..
In August 2018, the economic situation in the country is assessed as unfavourable , the National Statistical Institute says. The overall business climate index is down by 2.9 points from July, with a drop in this index being registered in all..
Bulgarian business has optimistic expectations for 2018. According to companies, improvement will be marked in sales, employment, investment and the business environment as a whole. This is the result of a survey of the Bulgarian Chamber of Commerce and..
The biggest problem for 70 percent of small business in Bulgaria is the shortage of any kind of workforce. This is what a study of the Agency for the Promotion of Small and Medium-Sized Enterprises shows. Small entrepreneurs are discouraged by the..
Polish business shows huge interest in Bulgaria. This became known at the Polish-Bulgarian business forum that opened today in Warsaw. Representatives of over 170 Polish and 55 Bulgarian companies take part in the forum. Bulgaria exports to..
The measures aimed at reducing administrative burden on the citizens and the local business will soon yield the necessary results , Bulgaria’s Minister of Economy Emil Karanikolov told the Bulgarian National Radio on Sunday. The analysis of the..
The number of Bulgarian companies which went bankrupt in 2016 was twice higher as compared to 2008 (when the world economic and financial crisis occurred), data of the Registry Agency show. According to analysts, many companies stop functioning, but..
Young Bulgarian entrepreneurs will have the opportunity to receive micro-credits under a new financial scheme as of 2017. The measure is under the Human Resources Development Operational Programme of the European Union, Bulgaria’s Minister of Labor and..
