Bulgaria, which is the poorest country in the EU, attracts a large volume of foreign green-field investments in the information and communication technologies, Financial Times writes. In four years, the volume of these investments increased five times and the sales in this sector amounted to USD 3.2 billion in 2018. The technological center of Financial Times opened in April 2019 in Bulgaria’s capital Sofia, which employs 110 people, also contributed to this positive development. Facebook and the World Bank, which also opened offices in Bulgaria’s capital, are among the latest investors in the ICT field. Bulgaria’s software and ICT services sector welcomed a record-high of 16 foreign investment projects to the tune of USD 240 million, mainly in Sofia, Financial Times notes.
The emergency renovation of Graf Ignatievo Airport will cost just over EUR 110 million excluding VAT. The repair contracts have been awarded to four companies, which the Ministry of Defense announced publicly, with their selection being an exception..
In a press release, Bulgaria’s Ministry of Foreign Affairs strongly condemned the recent statements by the Prime Minister of the Republic of North Macedonia Hristijan Mickoski regarding the Bulgarian minority in the country and its inclusion in the..
Restaurateurs from around the country are holding a national meeting today in Veliko Tarnovo to discuss taking measures to protect the differentiated 9% VAT rate for catering establishments, BNR’s correspondent in Veliko Tarnovo Zdravka Maslyankova..
If Bulgaria meets the eurozone criteria, there is nothing to stop it adopting the euro on 1 January 2026. This is what Brussels sources told BNR..
In line with the example set by Croatia, followed by Greece, Romania, Slovenia, North Macedonia, Montenegro, and Bosnia and Herzegovina , four..
The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the..
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