The Bulgarian economy restructured successfully after the global economic crisis in 2009, which is proved by the fact that some of the workforce shifted from one sector to another. The number of people employed in construction decreased twofold and the number of Bulgarians working in the textile industry fell by one-third. Employment in the food industry, the furniture industry, the financial sphere and the banks has shrunk as well. On the other hand, higher employment was registered in the automotive industry, the pharmaceutical industry, electronics, electrical engineering and machine-building sectors. The new factories opened in these sectors boosted Bulgaria’s exports. The geography of the new job positions has changed as well. The number of newly-created job positions in Sofia has decreased at the expense of more job positions opened in Plovdiv, Sofia-district, Stara Zagora, Sliven and Gabrovo districts. Lovech, Vratsa, Pleven and Montana have also become attractive for the investors, data of the National Statistical Institute show.
Bulgaria is working on the implementation of key projects that will make the country an indispensable energy factor. This became clear from the statement of the Minister of Energy Zhecho Stankov at the Sixth Delphi Forum in Washington. Part of this..
A day before the boycott of supermarket chains due to high prices announced for February 13, the Bulgarian Industrial Capital Association and the Association of Dairy Processors signaled that over the past year the mark-up on dairy products has..
The mayor of Tutrakan, Dimitar Stefanov, and the mayor of the Romanian town of Oltenitsa, Mihăiță Beștea, have signed documents urging the two municipalities to work together to launch a ferry line across the Danube. The first services are expected to..
The Bulgarian Industrial Capital Association and the Bulgarian Association of Dairy Processors have raised concerns that the prices of basic food..
On Thursday, minimum temperatures will range from minus 5° C. to zero, reaching minus 8° C. in the Eastern parts of the country, for Sofia around..
In a press release, Bulgaria’s Ministry of Foreign Affairs strongly condemned the recent statements by the Prime Minister of the Republic of North..
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