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German business: Major problems in Bulgaria are workforce shortage and corruption

A survey by the German-Bulgarian Chamber of Industry and Commerce shows that corruption, crime and lack of transparency in public procurement procedures are the major problems businesses in Bulgaria face, BNR reporter Nataliya Ganchovska informed...

04.06.21 17:33 |

Government has called on trade attachés to increase activities

Minister of Economy Kiril Petkov and Minister of Tourism Stella Baltova have held a video conference meeting with the trade attachés of Bulgaria. The ministers called for hard work in order to present the country as a first-class destination for..

02.06.21 11:48 |

Minister of Economy and state-owned bank argue about bank secrecy

The Board of Directors of the Bulgarian Development Bank - BDB have refused to provide access to the files of companies with large loans, Minister of Economy Kiril Petkov said. He has informed the Bulgarian National Bank over the case and..

01.06.21 13:25 |

18,500 small and medium-sized enterprises supported by Bulgarian Development Bank

More than 2.863 billion euros have been provided to 18,500 small and medium-sized companies by the Bulgarian Development Bank for the past 11 years, the institution reported. On average, the bank supports about 590 small and medium-sized..

31.05.21 18:39 |

Businesses in Bulgaria at risk of being taken over

Bulgaria ranks first in terms of business risk among four surveyed countries (Bulgaria, Spain, Italy and Romania) during an international pilot project, Todor Galev of the Center for the Study of Democracy has told BNR. The sectors of construction,..

07.05.21 15:26 |

Businesses in Bulgaria demand extension of government support

54% of the members of the Bulgarian Industrial Assocation expect difficulties in repaying their bank debts after the end of the credit moratorium , according to a survey conducted between April 13-15, 2021.  79% report deteriorating economic..

16.04.21 10:45 |
Minister Sacheva

Businesses suspended until March 31 to receive compensation

Bulgarian Minister of Social Affairs Denitsa Sacheva has updated the order for compensations under the " Keep M e" scheme . According to the renewed order from March 22 to 31 employees forced to go on leave from shopping..

23.03.21 07:00 |

Bulgaria provides gender equality in business

Bulgaria ranks 36th in the world according to the World Bank's "Women, Business and the Law" 2021 report . The index covers 190 national economies. Bulgaria has a score of 90.6 points out of 100 possible on indicators that include..

25.02.21 15:18 |

Bulgaria is a gateway to Europe for Turkey’s business

Trade between Turkey and Bulgaria amounts to USD 4.5 billion per year. Turkey’s exports to Bulgaria is to the tune of nearly USD 2.4 billion per year, whereas Bulgaria’s exports to Turkey amounts to USD 2.1 billion. In 2021, we are planning to increase..

08.02.21 13:52 |

Campaign in support of Bulgarian production starts

Business organizations and the Bulgarian Small and Medium Enterprises Promotion Agency are launching a campaign in support of Bulgarian production under the title "Your C hoice M atters" . The goal is to support the growth of..

05.02.21 09:58 |
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