The European Commission and the President of the Euro group have signed a Memorandum of Understanding with the Republic of Bulgaria outlining the practical steps that will allow Bulgaria to start producing euro coins when it receives approval to accede to the euro area. These steps concern the striking of certain quantities of test coins […]
Lees meer
A painting by Bulgarian artist Ivan Vukadinov has become part of the Vatican Museums’ collection, Dimitar Ganchev of the Radio Vaticana told BTA. The message of Ivan Vukadinov’s work is definitely a strong and bright one, with a discernible sacral element, a message about art and faith, said Vatican Museums Director Barbara Jatta, commenting on […]
Lees meer
The Bulgarian company e-Velox received a certificate issued under the Investment Promotion Act for an electric bicycle project, the Innovation and Growth Ministry said. The certificate was presented to the company by caretaker Innovation and Growth Minister Alexander Pulev. The company plans to build a new electric bicycle factory in the Kuklen zone, part of […]
Lees meer
The International Monetary Fund (IMF) expects Bulgaria’s economy to grow by 3.9 per cent this year before slowing down to three per cent, according to its latest World Economic Outlook report. IMF’s economic growth estimate for Bulgaria in 2022 shows a significant change from April, when it projected 3.2 per cent growth this year, followed […]
Lees meer
Bulgaria marks unprecedented growth in the global ranking of economic freedom. The country ranks 23rd out of 165 countries and territories included in the Economic Freedom Around the World 2022 study, published by the Market Economy Institute in association with Canada’s Fraser Institute. This year’s edition is based on 2020 data (the latest internationally comparable data for all countries). […]
Lees meer
InvestBulgaria Agency reports that currently there are 43 investment intent projects for nearly BGN 2 billion in the process of certification which are expected to create nearly 3,300 new jobs. In the last week, four new projects for over BGN 75 million and 416 new jobs were certified in Strelcha, Blagoevgrad, Plovdiv and Sofia region. […]
Lees meer
The Bulgarian Chamber of Commerce and Industry (BCCI) stimulates and encourages every single entrepreneur in this unpredictable economic and political environment to switch to renewable energy sources (RES) for their own needs, said BCCI’s President Tsvetan Simeonov at the third conference from the Regional Approach 2022 series in Sofia. Simeonov emphasized that the Chamber has […]
Lees meer
New German investment projects are being launched in Bulgaria in the field of vehicle component manufacturing and information and communication technology, which will create 3,500 new jobs. This emerged after caretaker Economy and Industry Minister Nikola Stoyanov met with senior business executives in Bavaria, Stoyanov’s Ministry said. A company active in the automotive industry will […]
Lees meer
ARICOMA Group, part of the Czech holding KKCG, acquired 100% of the Bulgarian IT company Musala Soft. The value of the deal remains undisclosed. The Bulgarian management team will stay on board in the long term. Founded in 2020 in Sofia, Musala Soft builds next-generation software products and enterprise solutions for local and international clients. […]
Lees meer
In order to achieve sustainability, it is necessary to work in an integrated manner. When planning an investment in transport, it is necessary to aim for environmental and social effects as well. When preparing a project to repair a street, we must have thought carefully about how it will affect economic activity and the appearance […]
Lees meer