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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Bulgaria sees highest increase in new car sales in EU in 2022 Y/Y

New car sales in EU Member States have slumped to their lowest level in almost 30 years amid a shortage of auto parts in the first half of 2022, according to data from the European Automobile Manufacturers Association (ACEA) published by the dpa. In Bulgaria, 28,684 new cars were registered last year, up 16.9% from […]

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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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Bulgarian company to produce 300,000 e-bikes annually

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 […]

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43 investment intent projects for nearly BGN 2 billion are in the process of certification

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. […]

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BCCI promotes renewable energy sources to entrepreneurs

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 […]

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These Bulgarian electric vehicles will be among the most affordable on the world market

The construction of the factory for electric cars in the Bulgarian town of Lovech, which was agreed a year ago by the then Minister of Economy Kiril Petkov with the investor, has practically already started. This was confirmed for the Bulgarian National Radio (BNR) by the executive director of the company “NEXT e GO” – Bulgaria, architect Lubomir Stanislavov. It is […]

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International Technical Fair Plovdiv, 19 – 24 September 2022

From: 19 September 2022 To: 24 September 2022 The International Technical Fair is among the best-established brands in the exhibition industry of Southeast Europe, a key forum for business contacts and a starting point for entering new markets. It presents the most promising trends in modern economy with expositions of innovative technologies, machinery and modern solutions […]

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