Business sentiment in Bulgaria staged something of a recovery in May 2020 after plummeting in April to its lowest level in 23 years, according to the results of a monthly poll by the National Statistical Institute (NSI) on May 29. The total business climate indicator marked a positive change in comparison with the past three […]
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The trade and economic relations between Bulgaria and Azerbaijan were discussed during an online event organized and held by the Bulgarian Chamber of Commerce and Industry with the active participation of the Embassy of Azerbaijan in Sofia. The President of BCCI Tsvetan Simeonov opened the event and said that it was the first of a […]
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According to data of the Bulgarian National Bank, foreign investments in Bulgaria increased by EUR 100 million in the first quarter of 2020 compared to the same period of 2019. By the end of March, more than EUR 254 million were invested in the Bulgarian economy. Due to the coronavirus pandemic, there has been a threefold […]
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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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CORONAVIRUS: COMMISSION PRESENTS PRACTICAL GUIDANCE TO ENSURE THE FREE MOVEMENT OF CRITICAL WORKERS Today, the Commission has issued new practical advice to ensure that mobile workers within the EU, in particular those in critical occupations to fight the coronavirus pandemic, can reach their workplace. This includes but is not limited to those working in the […]
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FREE MOVEMENT OF GOODS – COVID-19 AND THE MOVEMENT OF GOODS IN THE SINGLE MARKET We would like to inform you that the European Commission has published several documents related to COVID-19 and the free movement of goods in the single market. In its Communication of 13/3/2020, the Commission emphasized that national measures restricting […]
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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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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 […]
Read more Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry, and the members of the Board of Directors of BCCI Konstantin Glavanakov and Stanislav Novakov, took part in a meeting aiming to promote investment cooperation with Japan. The event hosted by the Bulgarian Head of State Rumen Radev was attended by representatives of some […]
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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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