Bulgaria’s Minister of Economy Bogdan Bogdanov dismissed the executive director and the board of directors of the State Consolidation Company, which manages the enterprises in the system of the ministry. The new management is temporary and their salaries will be reduced by half, the minister announced.
The State Consolidation Company manages a capital of over BGN 1 billion (more than EUR 500 million). Six out of eleven companies are inefficient. According to an analysis of the enterprises in the ministry's system, unjustified costs exceed EUR 347.68 million. Inefficient state-owned companies will be deprived of representation costs, and a limit of EUR 2556.46 per year will be introduced for the rest. A comprehensive analysis of all companies is pending. Business programmes for the period 2024-2026 will be also prepared. State Consolidation Company is a sole joint stock company with one hundred percent state ownership of its capital.
Friday will be cloudy, but there will be no rain during the day. Precipitation will start in the evening in eastern Bulgaria and continue during the night over the rest of the country. Minimum temperatures will be between minus 2°C and 3°C, around 0°C in..
Bulgaria is returning to Lebanon the remains of the terrorist who, in 2012, blew himself on a bus carrying Israeli tourists , BGNES reported. The terrorist attack took place at Sarafovo Airport—the deadliest attack on Israelis abroad since 2004. In the..
Bulgaria’s National Assembly approved at first reading three draft amendments to the Family Code. GERB-SDS propose introducing the possibility of shared parenting in cases of divorce, with the court ruling also addressing the issue of the child’s..
The personnel crisis in the tourism sector has reached critical levels, with various data indicating that up to 70% of tourist sites..
Sofia public transport workers will protest on Monday, April 14, demanding increase in wages . The decision to protest was made after meetings between the..
President Rumen Radev will participate in the tenth edition of the Delphi Economic Forum in Greece on April 9 and 10. The event..
Cloudy
Overcast, rain