60%-70% of the items sold at the retail chains, owned mainly by foreign companies, are of Bulgarian origin, a research of the Institute for Market Economics shows, The large retail chains make serious investments in Bulgaria-at the end of 2015 the foreign direct investments in retail trade exceeded EUR 1.3 billion, or 5.8% of the total volume of the FDIs at that moment, the survey further reads. According to the survey, the existence of large retail chains in Bulgaria has not resulted in job losses and large-scale bankruptcies of small shops.
The special commercial administrator of Lukoil Neftochim Burgas, Rumen Spetsov, has dismissed Evgeny Manyakhin as chairman of the company's board and revoked his authority to represent the company. The decision has been published in the Commercial..
Four in five Bulgarians do not believe the country’s democracy is genuine, according to an independent survey by the Myara sociological agency. The poll found that 81.2% of respondents said Bulgaria does not have real democracy, while 78.2%..
Convictions for high-level corruption in Bulgaria have been few so far. Sustained progress against high-level corruption is needed. This was stated by EU Commissioner for Justice, Michael McGrath, after the meeting of the EU General..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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