“The most powerful incentive for change”: Coaching as a strategic investment in business

This tool is becoming essential for sustainable growth and the development of managers into leaders of the future. The coaching industry in Bulgaria has developed significantly over the past two decades, and its tools go far beyond simple training. Rather, coaching is about provoking and shifting the mindset paradigm so that a person can grow […]

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Technology destination PLOVDIV – R&D, Startups, Outsourcing

Technology destination PLOVDIV – R&D, Startups, Outsourcing International recognition Bulgaria is transitioning away from customer support services and moving towards more knowledge-intensive activities, such as financial consulting and reporting, R&D, technical data analysis and interpretation: 3rd MOST INNOVATIVE UPPER MIDDLEINCOME COUNTRY IN THE WORLD Global Innovation Index, Cornell, 2023 1st MOST GOLD MEDALS IN INTERNATIONAL […]

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Beyond Sensationalism: In 2024, ProCredit Bank transformed the way we do business

Having shown that banks can work transparently and treat their customers as individuals, the bank is now looking to the future While other businesses are busy tallying their financial year in a flurry of transactions, ProCredit Bank is taking a retrospective look that shows its authentic image – without any hype or empty phrases. Their focus is […]

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The Bulgarian government moves forward with first-of-its-kind draft law on crypto assets

The Bulgarian government moves forward with first-of-its-kind draft law on crypto assets Bulgaria is taking a step towards regulating the rapidly growing crypto market with the creation of the first-ever Crypto Asset Markets Act. At its meeting today, the government approved the draft law, which aims to create a clear and stable legal framework for […]

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Several targeted investments are planned for 2025 to support Bulgaria’s transition in the coal regions

Over than BGN 2 billion will be secured by the Ministry of Regional Development and Public Works through the Just Transition Fund for investments in the coal regions of Pernik (Western Bulgaria), Kyustendil (Southwestern Bulgaria), and Stara Zagora (Southern Bulgaria) in 2025, the Ministry of Regional Development said. Priority 4 Initiatives for Just Transition In 2025, eight initiatives […]

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Bulgaria ranks among top countries in providing favourable environment for starting businesses – World Bank report

Bulgaria ranks among top countries in providing favourable environment for starting businesses – World Bank report The World Bank released its Business Ready annual ranking, based on its updated survey of business conditions in 50 countries around the world. Business Ready 2024 is structured around three key pillars that reflect the opportunities for doing business […]

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Business climate indicator up 3.5% in November, M/M

In November 2022, the total business climate indicator increased by 3.5% month-on-month, the National Statistical Institute reported on Tuesday. The indicator grew in all observed sectors – industry, construction, retail trade, and services. The composite indicator business climate in industry increased by 0.8%, due to the more favourable industrial entrepreneurs’ assessments and expectations about the […]

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Bulgaria, Romania consider building two hydro-power stations along Danube

Bulgarian caretaker Energy Minister Rosen Hristov and his Romanian counterpart Virgil-Daniel Popescu discussed the opportunity for building two hydro-power stations along the joint section of the Danube between the two neighbours, Hristov’s ministry said in a press release. The two officials met in Athens where they take part in the 1st Athens Ministerial Energy Dialogue organized […]

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Standard and Poor’s affirmed Bulgaria’s ratings, with a stable outlook

The international credit rating agency S&P Global Ratings affirmed its long-term and short-term foreign and local currency sovereign credit ratings on Bulgaria at “BBB/A-2”. The outlook remains stable. The stable outlook balances Bulgaria’s weaker economic growth prospects in the near term and elevated domestic political uncertainty against Bulgaria’s low net general government debt and contained […]

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Bulgaria ranks 23rd in the 2022 Index of Economic Freedom – among the freest countries

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). […]

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