Representatives of Bulgarian syndicates forecast that the number of redundancies will be smaller. The main reason for the planned redundancies is the declining number of orders due to the unpredictable situation on the international markets in the recent months, the management of Arsenal arms factory informed.
In an interview with the Bulgarian National Radio later today, Arsenal CEO Nikolay Ibushev has denied the reports about staff cuts, saying there will be no layoffs until the end of May. He explained that cuts were planned a month ago, but the situation had changed.
"There is work for all of our more than 8,000 employees in the enterprise," Ibushev said.
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 correspondent Angelina Piskova. They said that the decision should be taken by the EU Council. This is..
In line with the example set by Croatia, followed by Greece, Romania, Slovenia, North Macedonia, Montenegro, and Bosnia and Herzegovina , four organizations in Bulgaria declared January 13 a day for boycotting the large retail chains in protest of high..
Cybersecurity and Bulgaria's inclusion in the Visa Waiver Program of the US are two priorities of the government, directly linked to the work of the General Directorate Combating Organized Crime, said Minister of Interior Daniel..
A photograph in the media of Minister of Labour and Social Policy Borislav Gutsanov (Bulgarian Socialist Party), MEP Kristian Vigenin (Bulgarian..
The Bulgarian Industrial Capital Association and the Bulgarian Association of Dairy Processors have raised concerns that the prices of basic food..
On Thursday, minimum temperatures will range from minus 5° C. to zero, reaching minus 8° C. in the Eastern parts of the country, for Sofia around..
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