Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Number of Bulgarian companies that went insolvent in 2016 was twice higher as compared to 2008

Photo: library

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 don’t declare insolvency due to the heavy bankruptcy procedures. People without or with low qualification and skills are at risk of losing their jobs the most. According to forecasts, in 2017 employers will mainly look to hire experts and the number of long-term unemployed will continue to increase.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Kyustendil hosts the ''Short Film, Long Bus'' festival for short documentaries

"Short Film, Long Bus" is the name of an intriguing event set to take place from August 22 to 24 in the town of Kyustendil (Southwestern Bulgaria). The project by the Students’ Community Center St. Kliment Ohridski 1997 combines a festival of  short..

published on 8/22/25 6:10 AM

Cooler weather expected on Friday

During the night, the weather will be mostly clear with a light southerly wind. A cold atmospheric front will pass over the country on Friday. Winds will shift from the west-northwest and will strengthen. Cumulonimbus clouds will develop in..

published on 8/21/25 6:40 PM
Ivan Ivanov

More than 260,000 people in Bulgaria suffer from disrupted water supply

As of August 18, a total of 260 868 people, 16 cities and 283 villages have been affected by disrupted water supply, Minister of Regional Development Ivan Ivanov announced at an extraordinary meeting of a parliamentary committee that is discussing a..

published on 8/21/25 5:16 PM