"Bulgaria has always gladly welcomed honest business practices and German companies that operate in this country have proved that. The Bulgarian government is ready to provide assistance to all investors coming from Germany,” Bulgarian Prime Minister Boyko Borissov said at a meeting with an official delegation of the German Foundation for Family Businesses. The delegation includes nearly 30 representatives of large German family companies working in the sectors of textile industry, agriculture, construction and real estate, corporate investments, production of industrial minerals, electrical engineering, food processing, shipping, chemical industry, etc. The foundation unites 400 large family companies from Germany, with an average turnover of about 1.4 billion euros. Each member company has an average of 6,000 employees. "We see that there is positive development and that this country is going in the right direction," Executive Director of the foundation Stefan Heidbreder said. He pointed out the importance of the high-level delegation, which includes both representatives of companies with an established presence in Bulgaria such as Festo, Quartzwerke and Dr. Oetker, as well as other major German family businesses that show particular interest for investments in this country.
The Ukrainian parliament has authorized the purchase of two Russian nuclear reactors from Bulgaria, Euractiv reports. The energy committee of the Ukrainian parliament greenlighted the purchase of two old Russian nuclear reactors to expand the..
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
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