Manufacturers of bread, dairy and meat products have once again complained about price pressure on their goods exerted by retail chains. According to the manufacturers, working methods of supply chains would lead to bankruptcies or a shift to the gray sector. Over the last two months, food prices have apparently risen because of retail chains. The price received by producers for their goods remains the same despite the increase in raw material prices. The conflict between supply chains and producers has existed since the entry of retail chains into the Bulgarian market and has not yet been solved. According to manufacturers, if 6-7 years ago retail chains held 30% of the retail market, their share now reaches 60%, and in larger cities 75%.
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest parliamentary group-GERB-SDS. Rossen Zhelyazkov announced the structure and composition of the cabinet,..
As of today, the price of electricity for household consumers will rise by an average of 1.7%, while the price of central heating and hot water will decrease by 8.5%, the Energy and Water Regulatory Commission said. The biggest increase in..
Today, President Rumen Radev will hand over the first government-forming mandate to the candidate for Prime Minister nominated by the largest parliamentary group, GERB-SDS. Last week, Bulgaria’s head of state held consultations with the..
Metropolitan Daniil of Vidin has been elected as the new Bulgarian Patriarch. He received 69 votes. Metropolitan Gregory of Vratsa received 66 votes...
The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in St...
It will be sunny on Monday. There will be light southeasterly wind in the eastern parts of the country. The hot weather continues with maximum..
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