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Property in Bulgaria is among the cheapest in Eastern Europe

Plovdiv, Burgas, Varna and Sofia are among the top 30 of 150 European cities in terms of real estate affordability, Dobromir Ganev of the National Real Estate Association told Radio Sofia. Bulgaria is the most affordable property investment..

published on 1/5/24 6:31 PM
The reverse design of the coins is based on a miracle-working icon of the Virgin Mary - Golden Apple, which is kept at a church in Asenovgrad (South Central Bulgaria).

BNB puts into circulation four new gold coins St. Mary - Golden Apple

The Bulgarian National Bank today issued a set of four gold commemorative coins with the theme "St. Mary - Golden Apple" in different denominations. Until January 4, each customer can buy a maximum of 2 coins of each denomination, after which the coins..

published on 1/2/24 7:10 AM
Finance Minister Assen Vassilev

Finance Minister Assen Vassilev expects the deficit to be lower than planned

Preliminary data on the implementation of the budget show that the deficit will be lower than planned, Bulgaria’s Minister of Finance Ass en Vassilev said in parliament. "I expect the deficit to be 2.5%, not 3%. This will leave EUR 500..

published on 12/29/23 9:23 AM
Minister Bogdanov

Large investment in the automotive industry expected at the beginning of the New Year

An investment of more than 600 million euros in the field of production of critical components for the automotive industry is expected to be made at the beginning of the New Year. "The Western European investor, which has..

published on 12/27/23 11:53 AM
Ambassador of Azerbaijan to Bulgaria H.E. Huseyn Huseynov

SOKAR would consider buying the oil refinery in Burgas

The State Oil Company of Azerbaijan (SOKAR) opened an office in Sofia at the end of April. SOKAR's office is the headquarters not only for Bulgaria, but for the whole region, the Ambassador of Azerbaijan to Bulgaria H.E. Huseyn Huseynov said for..

published on 12/24/23 12:31 PM

Take a look at the most preferred sectors for investments in Bulgaria in 2023

One of the biggest changes in the Bulgarian economy following the 2008 world economic crisis is that export-oriented industries have become the motor of economic growth in the country.  A large portion of the investments made in this country are..

updated on 12/20/23 1:12 PM

BIA survey shows decline in production and sales

There has been a s ignificant decline in production and sales , reads the annual survey of the Bulgarian Industrial Association regarding the business climate in 2023. T he least affected are salaries, which in 2023 increase in 71%..

published on 12/18/23 11:18 AM

A Bulgarian winemaker will make wine in New Zealand

A Bulgarian company will make wine in New Zealand, money.bg reports. All technologists from the Bulgarian wine cellar are people who are open to the world and share one dream – of making wine in different parts of the world. Experts say that in..

published on 12/17/23 9:45 AM

Higher profit tax for companies with annual turnover of more than 750 million euros

Large business to pay 5% additional profit tax, but with a relief of 8% if it invests in tangible fixed assets. This is what the parliament decided at the second reading of changes to the Corporate Income Tax Act. The project proposed by the..

published on 12/13/23 10:49 AM
PM Denkov (right)

Belgian consortium plans to invest over 1 billion euros in battery production in Bulgaria

A Belgian consortium intends to invest in Bulgaria up to 1.1 billion euros in the production of lithium-ion batteries for cars . This was announced by Prime Minister Nikolay Denkov after a meeting in the Council of Ministers with representatives of the..

published on 12/12/23 6:02 PM