Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Covid-19 hampers development of 20% of small businesses in Bulgaria

Photo: Pixabay

More than 20% of small and medium-sized businesses in Bulgaria are finding it difficult to resume production in the Covid crisis. They have infrastructure and staff, but no working capital. More than 75% of small and medium-sized enterprises have non-performing bank loans and only about 15% of them have found new opportunities for development in the crisis. The data are from a study by the National Association of Small and Medium-sized Businesses.
Companies related to online services, retail trade, home deliveries and digitalization are successfully going through the pandemic, but those in the traditional sectors are suffering severe consequences and do not even have a strategy on how to limit their losses, the chairman of the association Eleonora Negulova told BNR.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The ground public transport in the Bulgarian capital stopped operating at 4 am on 14 May 2025

Sofia will remain without bus, tram, and trolley transport also on Friday

For the third day in a row, Sofia will remain without ground public transport, the Center for Urban Mobility announced on its Facebook page. After a several-hour meeting with the capital's mayor Vasil Terziev, representatives of the Confederation of..

published on 5/15/25 9:10 PM

Last day of work: cool, rainy

Rain will begin in the western half of the country on Thursday night and spread across the whole country during the day . Cooler air will also move in. Maximum temperatures will range from 12°C in the west to 20°C in the east, with around 12°C in Sofia...

published on 5/15/25 7:05 PM

It is still unclear whether the transport blockade in Sofia will continue on Friday

Sofia Mayor Vasil Terziev met with the transport unions, representatives of the protesting employees of the capital's public transport for the second day, who are demanding a salary increase . The meeting ended without reaching an agreement. However,..

published on 5/15/25 6:33 PM