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

BIA: The pandemic continues to worsen Bulgaria's business climate

Photo: Archive

A study of the Bulgarian Industrial Association (BIA) for the country's business climate shows that in 2021 the negative trend of 2020 trigged by the Covid crisis continues. Only 9% of the respondents see an improvement in the business environment, and 19% of the participants in the survey report an improvement in the condition of the companies.

The main obstacles for companies are the lack of working capital - 79%, bureaucracy and regulatory burden - 73%, and frequently changing regulations - 57%. Another remaining problem is the lack of skilled manpower for 67% of companies. The gray economy, illegal imports and unfair competition are problems for 44% of businesses.
60% of companies report a decrease in sales.



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 Justice Minister, Georgi Georgiev, announced plans to update state fees for Bulgarian citizenship.

Fees for Bulgarian citizenship are set to increase sharply

The Ministry of Justice has proposed an amendment to Tariff No. 1 of the State Fees Act, outlining the fees charged by courts, the prosecution service, investigative services, and the Ministry of Justice. According to the government press service, the..

published on 6/24/25 2:04 PM

Drought drives the Dalmatian pelicans away from the Srebarna Nature Reserve

Due to a lack of rainfall, the water level in Lake Srebarna has dropped to just 15 centimeters, posing a serious threat to the entire ecosystem, reported public service broadcaster BNT. Lake Srebarna is one of the most significant wetlands in Europe..

published on 6/24/25 1:46 PM
Dobromir Borislavov

Consequences of illegal trade in wildlife in Bulgaria are dangerous for both people and animals

The head of the Sofia Zoo, Dobromir Borislavov, has called for compliance with the law and a responsible attitude towards wildlife. Speaking to BNT, Borislavov pointed out that it was high time to put an end to the unregulated..

published on 6/24/25 12:12 PM