Bulgaria’s Premier Boyko Borissov, Bulgaria’s Minister of Foreign Affairs Ekaterina Zaharieva and that country’s former President Rossen Plevneliev (2012-2017) unveiled in the town of Pazardzhik a factory for manufacture of car parts. Premier Borissov greeted the investors and pointed out that nearly 40,000 jobs have been created in the automotive industry in the recent years, Boyko Borissov added that another factory for car parts will be opened soon in the city of Pleven (Central North Bulgaria) which will employ nearly 8,000 people. The new factory in Pazardzhik is the third production facility of Kostal Group in Bulgaria and part of the strategy aimed at expanding production capacity for the needs of the European market. Nearly 1.300 people are expected to be employed at the new factory in Pazardzhik.
Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..
The two most sought-after currencies by Bulgarians in 2024 remain the US dollar and the euro, just as in 2023. The Turkish lira, the Romanian leu and the Serbian dinar were also very popular, followed by the British pound and the Swiss franc. This was..
The overall business climate indicator in Bulgaria has increased in December by 1.7 points from 17 percent to 18.7% compared to November . An increase in the indicator was observed in the industry sector by 1.9 points, in retail trade by 5.7 points and..
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the..
89% of German investors in Bulgaria would choose Bulgaria again for their investments . This is indicated by a study by the German-Bulgarian Chamber of..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
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