The Sofia Municipality, Sofia Tech Park and the Health and Life Sciences Cluster Bulgaria have signed a memorandum of cooperation and the establishment of the country's first Biotechnology Center. There is a rise in the number of startups in the sphere of medicine and biotechnology, as well as R&D centers in Sofia
The Biotechnology Center will be an area where scientists, entrepreneurs and students will find suitable environment to support the start and development of their business. The construction of the center will put Sofia on the international map in the field of biotechnology and life sciences, as a place for science and investment in the development of health technologies, BTA reported.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
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