One of the biggest changes in the Bulgarian economy following the 2008 world economic crisis is that export-oriented industries have become the motor of economic growth in the country. A large portion of the investments made in this country are..
The Bulgarian Industrial Association has published a study on the business climate in Bulgaria in 2023. 62% of managers complain about excessive state regulations, 61% of enterprises complain about frequent changes in regulations. 59% cite corruption..
The capabilities of the Discoverer supercomputer operating at Sofia Tech Park were presented at the Bulgarian Palace of the Thessaloniki International Fair. Guests had the opportunity to observe real-time simulations and learn about projects that..
In January, the country's business climate remained roughly at its December 2022 level , a survey conducted by the National Statistical Institute shows. More favourable business climate was reported in industry and retail, and some deterioration - in..
In 2021, Bulgarian exports to the USA grew by over 50% and amounted to nearly USD 1 billion. This was announced by the Minister of Economy Nikola Stoyanov during the opening of the "EXPLORE U.S." International Conference. “America is one of the..
Bulgaria's Ministry of Innovation and Growth has sent the new programme "Competitiveness and Innovations in Enterprises" 2021-2027 for approval by the European Commissio n, the ministry's press centre announced. The programme has a budget of..
Businesses are not happy with the fact they do not know what the price of natural gas will be in July. “Neither the Energy and Water Regulatory Commission, nor Bulgargaz have published any information on the matter,” the national employer..
Deputy Prime Minister and Minister of Economy Kornelyia Ninova met with employers to discuss the impact on the Bulgarian economy of the sanctions imposed on Russia, possible counter-sanctions and the consequences they will have for Bulgaria, the..
The scheme to support Bulgarian businesses due to high electricity prices must be balanced , said Deputy Prime Minister and Finance Minister Asen Vassilev at a meeting of parliamentary committees on finance and energy. According to him, it is not..
The European Commission has informed the Bulgarian government that the payments to businesses, amounting to 110 Leva per MWh (56 euro), do not constitute state aid and Bulgaria can apply this measure to protect non-household consumers against high..