Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Number of bankrupt enterprises in Bulgaria on the rise

Photo: Archive

According to the registry of the Registry Agency, in June-July 2020 the number of companies declared bankrupt has increased. This is stated in a study by the Bulgarian Chamber of Commerce on the impact of Covid-19 on the country's economy. If in June and July 2019, 42 and 53 were declared bankrupt, respectively, then in the same months of 2020 they are 62 and 70. 
At the end of June compared to the same month of 2019, the number of employed persons has decreased by 111.5 thousand, or by 4.7%. The largest decrease was observed in the economic activities Hotels and restaurants - 48.8 thousand, Manufacturing - 31.0 thousand, and Trade; repair of motor vehicles and motorcycles - 12.8 thousand.
 A trend of increasing the number of employed persons has been seen only in the sectors - Creation and Dissemination of Information and creative products and Telecommunications - by 6,000 as well as Healthcare and social care - by 5,000.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ivelin Mihaylov, leader of Velichie party

Velichie Party is organizing a protest against election fraud

The Velichie Party has announced that they are organizing a protest march tonight at 6 pm because of "yet another electoral manipulation that led to the swapping of the Bulgarians' votes." The march will start from the monument to Tsar Osvoboditel in..

published on 3/11/25 3:13 PM

Bulgaria's President praises multinational battle group at Novo Selo training ground

The multinational battle group has been operating for more than two years and I can say that every time I come, I see better coordination and excellent interaction. This was stated by the President and Supreme Commander of the Bulgarian Army Rumen Radev..

published on 3/11/25 1:52 PM

Central Election Commission postpones, by 18 hours, handover of re-calculated results from parliamentary election

The Central Election Commission (CEC) has decided to hand the tally sheets, in paper form, from the election, provided by the Constitutional Court, as well the two technical devices, over to the Information Services state-run company for re-entry of..

published on 3/11/25 11:59 AM