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.
On Thursday, the minimum temperatures in Bulgaria will range from 16 to 20°C, in Sofia - 16°C . Before noon the weather will be sunny. In the afternoon, clouds will start gathering. In places, mainly in the mountainous and eastern regions, there will be..
An icon of Saints Cyril and Methodius, Equal to the Apostles, is kept in the ethnographic museum of the multicultural Bessarabian village of Vinogradovka , Ukraine, according to the Bulgarian Telegraph Agency. The relic forms part of the museum's..
More and more foreign students have been choosing Bulgarian universities and higher education institutions in recent years, the Bulgarian News Agency (BTA) reports. The increased interest is due not only to the tuition fees, but also to the quality of..
More and more foreign students have been choosing Bulgarian universities and higher education institutions in recent years, the Bulgarian News Agency..
According to Eurostat data , in 2024 Bulgaria and Estonia ranked second to last in the EU in terms of actual individual consumption (AIC) per..
A new medical equipment manufacturing center of the Czech company BTL Industries has opened in Plovdiv. The event was attended by President Rumen Radev,..
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