Invest Bulgaria Agency has confered the annual “Investor of the Year” awards for the 15th time. For the first time in the history of the contest the award ceremony took place entirely online, Bulgaria's Ministry of Economy has announced. The contest aims to award the most significant investment projects in Bulgaria in 2020. “Nestle Bulgaria” won the 2020 Investor of the Year award. The company operates on the Bulgarian market since 1994. Its produce is exported to more than 35 markets. The industrial group Sisecam won an award in the category “Sustainable development of investments”. It started business in Bulgaria in 1997 and has a flat glass factory, a factory for kitchen glassware and an automotive glass factory. Its total investments in Bulgaria reached USD 800 million.
The Association “Children with Onco-Hematological Diseases” was awarded a crystal plaquette for a “Successful Start-up”. It is the only parenting organization in Bulgaria for children with onco-hematological diseases which offers complex care- psychological support for both children and parents, art therapy, pedagogical session and consultation.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission..
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in..
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