Representatives of Bulgarian syndicates forecast that the number of redundancies will be smaller. The main reason for the planned redundancies is the declining number of orders due to the unpredictable situation on the international markets in the recent months, the management of Arsenal arms factory informed.
In an interview with the Bulgarian National Radio later today, Arsenal CEO Nikolay Ibushev has denied the reports about staff cuts, saying there will be no layoffs until the end of May. He explained that cuts were planned a month ago, but the situation had changed.
"There is work for all of our more than 8,000 employees in the enterprise," Ibushev said.
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country. Bulgaria had the highest share of low-wage earners (26.84%). This..
The European Commission hopes to have a positive decision this year on at least part of the second payment under the Recovery and Resilience Plan in the amount of 653 million euros for Bulgaria . This was stated by the Commission spokesman Maciej..
There will be no recount of ballots from the recent parliamentary elections in October 2024. The Central Election Commission (CEC) met today after the Constitutional Court yesterday ordered a recount of the parliamentary election results due to numerous..
On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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