Eighty-five percent of all working companies in Bulgaria have four workers at most, more than half have no workers at all, indicate data from a survey on the viability of enterprises conducted by the National Statistical Institute using 2014 data and quoted by Dnevnik newspaper.
There were 332,800 active enterprises in Bulgaria in 2014, 150,000 of which (45.2 percent) had no hired workers. 132,000 companies fall into the 1-4 workers group and only 7.6 percent – in the 5-10 workers group. Eight percent of companies have more than 10 workers, but it is this group that provides close to 70 percent of all jobs; the biggest group of active companies – those with no workers hired, provide a mere 6.3 percent of all jobs. The greatest number of new companies are set up in commerce, and the best survivor companies during their first year are in transport and storage. A mere 7.8 percent of the companies set up in 2009 survived until 2014 with the most viable being businesses in power generation (14.6 percent).
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..
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A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by..
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