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Bulgaria’s economy will not withstand second lockdown: Radosvet Radev

Tourism, transport, culture and catering are the most affected sectors by the coronavirus crisis, Radosvet Radev, Chairman of the Bulgarian Industrial Association said for BTV.  Radosvet Radev referred to the national statistics according to which,..

31.10.20 16:49 |

Bulgarian Industrial Association disagrees with EU-wide regulation on minimum wages

The Bulgarian Industrial Association (BIA) is against а uniform regulation in the EU of the minimum wages and of collective bargaining . In a letter to Bulgaria's Prime Minister, BIA rejects the European Commission's proposal to adopt a framework..

29.10.20 12:10 |

Restrictive measures will prevent the holding of important economic events: Bulgarian Industrial Association

The Bulgarian Industrial Association is demanding that Health Minister Kostadin Angelov reconsider the new restrictive anti-coronavirus measures which come into effect on 29 October. In a letter addressed to Minister Angelov the..

28.10.20 14:18 |

Employers speak out against increase of salaries in public administration

Three of the four nationally representative employers' organizations - the Bulgarian Industrial Capital Association (BICA), the Bulgarian Industrial Association (BIA) and the Bulgarian Chamber of Commerce and Industry (BCCI) - have spoken out against..

31.08.20 18:24 |

BIA: Which are Bulgaria's leading foreign markets?

The most important market for the Bulgarian economy is Germany - with 14.8% of total exports. It is followed by Romania, Italy, Turkey, Greece, France, Belgium, China, Spain, the Netherlands. These 10 partners account for the markets for 59.6% of..

09.06.20 12:06 |

Bulgarian Industrial Association demands re-opening of malls

In a letter to Prime Minister Boyko Borissov the Bulgarian Industrial Association (BIA) is demanding the re-opening of malls so as to mitigate the negative consequences for the economy . The retail trade industry employs close to 295,000 people..

14.05.20 14:33 |

Bulgarian Industrial Association: For more than 80% of enterprises the 60/40 measure does not work

A survey by the Bulgarian Industrial Association (BIA) among 580 enterprises in the sphere of services and trade shows that more than 80% of them say that the 60/40 anti-crisis measure (sharing the cost of staff salaries between the state and..

11.05.20 09:57 |
Radosvet Radev, president of the Bulgarian Industrial Association

Bulgarian Industrial Association: Demand for work force will only restore at end of 2020

The loosening of the measures against the spread of Covid-19 in Bulgaria will not directly affect employment levels. Unemployment will continue to rise for at least another 2 months, officials from the Bulgarian Industrial Association (BIA) predict ...

04.05.20 13:27 |

Most Bulgarian companies do not expect direct positive effects of EU Presidency on their operations

Representatives of Bulgarian businesses are not excited by the prospects they are presented with by the Bulgarian Presidency of the Council of the European Union. Businesses are in two minds where Bulgaria’s accession to the Eurozone is..

02.01.18 11:41 |

Employers refuse to hold negotiations on minimum insurable earnings

The third round of negotiations between the trade unions and employers on setting down the minimum insurable earnings in different sectors should take place in Sofia today. However, a representative of the Bulgarian Industrial Association..

23.08.17 10:35 |
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