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.
Following intense round-the-clock efforts by the Bulgarian Embassy in Tehran , the Foreign Ministry announced that two Bulgarian citizens had been successfully evacuated from the Islamic Republic of Iran. They crossed the Iranian-Azerbaijani border..
A roundtable discussion on 'Cybersecurity in the protection of people, education and society' is taking place in Sofia today, according to a report by BTA. The event is organised by the Council of Rectors, the Academy of the Ministry of the Interior, and..
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..
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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