Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of National and World Economy in Sofia, the German-Bulgarian Chamber of Industry and Commerce presented the 21st Awards of the German Economy in Bulgaria.
The awarded companies are in three categories. The computer software company SAP Labs Bulgaria received the award in the category "Large Enterprise with a Focus on Innovation". Robot maker Simobotics was awarded in the category "Small and Medium-sized Enterprise with a Focus on Innovation". Kaufland Bulgaria won the award in the category ''ESG: Environmental, Social and Governance''.
Germany is a strategic partner of Bulgaria, leading both in trade and investments, emphasized Bulgaria’s Minister of Economy and Industry Petar Dilov. He described German companies as reliable and long-term investors, despite the challenging economic situation in the past year.
Germany supports Bulgaria's economic integration with the European family, including its membership in Schengen and its future entry into the eurozone, said the Ambassador of Germany to Bulgaria, Irene Maria Plank.
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott compared to the previous day, reported BTA. Temenuzhka Petkova took part in the meeting on..
The highest average salary in Bulgaria is in Sofia - 1732 euro, and the lowest in Smolyan - 826 euro. These are the data from the National Statistical Institute (NSI) for December 2024. Because of the salaries in the capital, the average salary in..
Monthly inflation in the country was 2% in January and annual inflation was 3.7%. This is according to preliminary data from the National Statistical Institute (NSI). The biggest increases were in the prices of heating and utilities. According to the..
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the..
A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by..
A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador..
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