Text size

Businesses optimistic about 2024, survey shows

published on 11/20/23 4:35 PM

Photo: Pixabay

More than 54% of companies are moderately optimistic about a better 2024. By comparison, a year earlier, 41% were optimistic about 2023. These are the results for Bulgaria of the Eurochambres Economic Survey 2024, conducted in partnership with the Bulgarian Chamber of Commerce and Industry.

The survey covers 43 000 companies from 27 European countries, among them 795 companies from Bulgaria, BNR`s Radio Sofia reported. The positive expectations of Bulgarian businesses are influenced to a large extent by hopes of receiving funds under the National Recovery and Resilience Plan, experts said. Domestic sales are expected to increase, while sales to foreign markets and employment rates are expected to remain stable. Among the main concerns of Bulgarian companies are the lack of qualified staff, as well as labour and energy costs.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy 2024 attitudes Bulgarian Chamber of Commerce and Industry Eurochambres Economic Survey 2024

More from category

Bulgaria has met the Eurozone inflation standard in 2024

Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..

published on 1/15/25 11:50 AM

Unions and businesses protest against hike in industrial electricity prices

Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..

published on 1/9/25 1:13 PM

Eurozone entry could bring benefits for Bulgarian businesses and economy

Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..

published on 1/8/25 11:37 AM