Bulgaria is among Europe’s leading bicycle manufacturers

Bulgaria is one of the leading manufacturers of bicycles, holding the fifth position in Europe in this indicator. A boom in recent years in Bulgaria has been registered in the production of electric bicycles. The sector turned out to be one of the few in Bulgaria that did not suffer during the coronavirus crisis, even reporting […]

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Eight Sofia-based companies among FT1000’s fastest growing companies in Europe

The Financial Times included 12 Bulgarian companies in FT1000 – its report on Europe’s fastest growing companies in 2020. The report has been compiled in collaboration with Statista for a fourth consecutive year. Eight of the included Bulgarian companies are based in Sofia and operate in the sectors of technology and consulting services. A total of 268 […]

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We are reviving abandoned industrial areas while thinking about the future of the city

We are reviving abandoned industrial areas while thinking about the future of the city The company has undertaken the largest investment in a construction site in Sofia Konstantin Boyadzhiev has been the manager of Galaxy Investment Group OOD since the beginning of 2016. Under his leadership, over the last four years the company has established […]

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LICENSE FOR TRANSPORTING GOODS AND PEOPLE IN BULGARIA

Business in Bulgaria – Getting a license for transporting goods and people. Conditions to obtain a Community license for passenger and freight transport operations in Bulgaria. According to Art. 2 Par.1 or ORDINANCE no. 11 of the Minister of Transport, Information Technology and Communications for international passenger and freight transport, dated from 31 October 2002 […]

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Minister Taneva: 2020 Is Key Year for Agricultural Sector in Bulgaria, EU

In the opening of the Megaforum for Agribusiness, Wine, Food and Equipment, Agriculture, Food and Forestry Minister Dessislava Taneva said that 2020 is a key year for the agricultural sector not only in Bulgaria but also in the whole European Union, because the budget of the new Common Agricultural Policy will be determined this year. […]

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Sofia ranks top in European Cities and Regions of the Future 2020/2021 report by fDi Intelligence

It’s now official: Sofia is in the top 3 in two categories and in the top 10 in three other categories in the European Cities and Regions of the Future 2020/2021 ranking by fDi Intelligence: 3rd in the category European City of the Future 2020/21 – Foreign Direct Investment Strategy 3rd in the category European City of […]

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Mariana Nikolova: The UAE is an Important Foreign Trade Partner of Bulgaria

“The United Arab Emirates is an important and promising foreign trade partner of Bulgaria among the Gulf countries,” said Deputy Prime Minister for Economic and Demographic Policy Mariana Nikolova, quoted by the Council of Ministers’ press service. Nikolova met with UAE Economy Minister Sultan bin Saeed Al Mansoori in Dubai. During the talks, she expressed hope that bilateral cooperation would continue to […]

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Bulgaria and China to manufacture electric buses

Bulgaria and China will cooperate to create production facilities for electric buses and a research and development centre in Bulgaria. To this end Stamen Yanev, Executive Director of Invest Bulgaria Agency and representatives of the Chinese companies Jiangsu Alfa Bus and ACN Worldwide signed a memorandum of understanding at the Bulgarian embassy in Beijing, in the presence of Deputy Prime Minister Mariyana Nikolova. […]

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Business in Bulgaria Wood Products Sector

With a population of more than 7 million and an  area of more than 110,000 square kilometers, Bulgaria is recognized as a medium-sized European country. Bulgaria, like many of its eastern European neighbors, has large forested areas across its territory. In addition, forests cover more than 4 million hectares or 37 percent of the total national […]

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The Startup Ecosystem in Bulgaria According to the InnovationShip 2019 Report

Bulgarian startups are developing solutions according to the latest global technological trends and almost half of them (47%) offer world-class innovation, according to data from the fourth annual InnovationShip report of the MOVE.BG Foundation’s open digital network EDIT. Compared to the previous year’s survey, there is an 18% increase in companies that believe they are […]

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