The Eurogroup approves Bulgaria's accession to the eurozone on January 1, 2026

The next step on our country’s path to the euro is for EU finance ministers to discuss our readiness to adopt the single currency The Eurogroup approves Bulgaria’s accession to the eurozone on January 1, 2026. Today’s recommendation by the eurozone finance ministers is key and will be discussed at the next level by the […]

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EBRD Invests in Park Lane Developments’ partnership with Mitiska REIM to Build Retail Parks in Bulgaria

The European Bank for Reconstruction and Development (EBRD) has joined forces with Bulgarian company Park Lane Developments (part of AG Capital) and Belgian fund Mitiska REIM, which are developing retail parks across the country. The Bank will invest €50 million in the MEREP3 fund, which focuses on projects in Central and Eastern Europe. In 2024, […]

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Plovdiv BUSINESS events

Agra 2025 from: 18 February 2025 / to: 22 February 2025 The International Agricultural Exhibition AGRA: trade arena for agribusiness in Southeastern Europe The exhibition covers all aspects and sectors of agriculture: science, practical work, technologies, equipment, products, innovations, and services. It presents the best achievements of science and business and the most useful for farmers […]

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AI in the construction sector: Bulgarian companies are already using it in their work

Can artificial intelligence lead to a revolution in this industry? Experts and analysts in the construction sector have repeatedly predicted that artificial intelligence will play an increasingly important role in this industry in the coming years. In what way could AI change the Bulgarian construction sector? And will it lead to a revolution there? We sought […]

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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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Medina Med launches the first in Europe line for the remanufacturing of rubber tracks

The company now also offers innovative treads for agricultural machines manufactured by CAMSO, Michelin Medina Med has launched a unique-in-Europe production initiative for the complete remanufacturing of rubber tracks for agricultural vehicles. This innovation offers an environmentally friendly and cost-effective way to extend the life of the rubber tracks. This reduces operating costs and waste, […]

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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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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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