Over 42% of the startup companies in Bulgaria say that they face a moderate to high risk of bankruptcy in the coming 3 months.
75% say they are afraid this may happen in the next 6 months. The survey is by the Bulgarian Startup Association and the Bulgarian Small and Medium Enterprises Promotion Agency. 2/3 of the companies expect a drop in revenues of 40% and over. 63% are planning staff cuts. 2/3 of the startups say they need rescue financing of EUR 10,000 –100,000 from banks or from the state. 1/3 are expecting government procurement contracts or tax breaks to save them.
This year, Bulgaria had the best winter season, Tourism Minister Miroslav Borshosh said at a briefing, referring to data for the first four months, BTA reported. For the first time, over 2 million tourist registrations were made – 6.4% more..
The evacuation of Bulgarian and foreign citizens from Israel was carefully planned by Bulgarian diplomats in Sofia and those on site , Prime Minister Rosen Zhelyazkov announced at the beginning of the government meeting, BNR reporter Tsvetelina..
In the dynamic, risk-filled and conflict-ridden global agenda, it is increasingly difficult to outline the future. This was what President Rumen Radev said at the Green Transition Forum 5.0, which is being held in Sofia, the..
Bulgarian Shopska Salad has earned a place among the 24 best salads in the world according to a new ranking published by CNN, BGNES reports. The fresh and..
A new medical equipment manufacturing center of the Czech company BTL Industries has opened in Plovdiv. The event was attended by President Rumen Radev,..
According to Eurostat data , in 2024 Bulgaria and Estonia ranked second to last in the EU in terms of actual individual consumption (AIC) per..
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