Swedish companies have assessed positively the potential for doing business in Bulgaria, the Bulgarian Chamber of Commerce and Industry has announced. This was made clear during a presentation on "Bulgaria -Attractive Market for the Swedish Business," organized in cooperation with the Swedish Embassy.
Sweden presented data from a survey covering more than 40 Scandinavian companies operating in Bulgaria. According to the survey, the main incentives for investing in Bulgaria are its EU membership, low cost for maintaining enterprises, developing infrastructure, geographical location, taxation. The main obstacles are said to be the difficulty of finding workers, bureaucracy and the unreformed justice system.
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
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