Bulgarian-North Macedonian business forum will be held in early December in Skopje. In 2022, bilateral trade is expected to exceed 1 billion euros, compared to 747 million euros in 2021.
For the first 8 months of 2022, the turnover has already reached over 711 million euros. Bulgaria is the fifth largest trading partner of North Macedonia after Germany, Great Britain, Greece and Serbia. Bulgarian business has good positions in North Macedonia in the spheres of banking and insurance, in mining and processing industry, as well as in the IT sector.
Trade growth has been hampered for years by poor infrastructure connectivity between the two neighboring countries, businesses complain.
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..
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