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Stanislav Popdonchev

Businesses are worried the political crisis is hampering the country’s development, says BIA Vice President

“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..

12.11.24 10:00 |

Take a look at the most preferred sectors for investments in Bulgaria in 2023

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..

20.12.23 13:12 |

Bulgarian business sector dissatisfied with the state, main problem is the lack of personnel

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..

19.12.23 10:52 |

Bulgaria's supercomputer displayed at the Thessaloniki International Fair

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..

11.09.23 09:10 |

NSI survey: More than 20% of producers anticipate price increases

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..

30.01.23 17:45 |

Bulgarian exports to the USA have grown by over 50%

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..

13.10.22 18:35 |

The new program to support Bulgarian businesses has been sent to Brussels for approval

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..

20.08.22 14:35 |

Businesses not happy they are not being told what the price of gas for July is

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..

05.07.22 16:56 |

Economy Minister Ninova: what Bulgaria’s economy needs is direct support

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..

26.02.22 12:08 |

Finance Minister: We need a balanced scheme to help businesses over expensive electricity

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..

06.01.22 19:30 |
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