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.
The Maritsa East TPP complex will supply 50% of the energy for household consumers in Bulgaria. This was made clear at a briefing of Energy Minister Zhecho Stankov in Maritsa East 2 TPP, BTA has reported. The minister..
Thirty ensembles from all over the country are participating in the tenth edition of the National Folklore Festival "Rhythm of Bulgaria" in Lovech. They will perform on stage in the "Varosha" district, BTA reported. The event starts..
Sofia Airport "Vasil Levski" received the ACI EUROPE "Best Airport in Europe" award in the category for airports serving 5 to 10 million passengers, the operator "SOF Connect" announced. "The recognition is a cause for national..
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,..
On Friday, the minimum temperatures will be from 15 to 21°C, in Sofia - around 17°C. It will be sunny before noon. Cumulus and cumulus-rainy cloudiness..
Partly cloudy, chance of rain
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Partly Cloudy
sunshine, cloud, rain and thunder