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

Covid-19 hampers development of 20% of small businesses in Bulgaria

Photo: Pixabay

More than 20% of small and medium-sized businesses in Bulgaria are finding it difficult to resume production in the Covid crisis. They have infrastructure and staff, but no working capital. More than 75% of small and medium-sized enterprises have non-performing bank loans and only about 15% of them have found new opportunities for development in the crisis. The data are from a study by the National Association of Small and Medium-sized Businesses.
Companies related to online services, retail trade, home deliveries and digitalization are successfully going through the pandemic, but those in the traditional sectors are suffering severe consequences and do not even have a strategy on how to limit their losses, the chairman of the association Eleonora Negulova told BNR.



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

Susan Falatko

Susan Falatko will assume the role of Chargé d’Affaires at US Embassy in Sofia

Career Foreign Service Officer Susan Falatko has arrived in Sofia on February 18 to assume the role of Chargé d’Affaires. Prior to this appointment, Ms. Falatko’s service includes assignments as Deputy Chief of Mission and Chargé d’Affaires at the..

published on 2/18/25 6:54 PM

President Radev: Drug use by young people endangers our nation

Bulgaria's President Rumen Radev convened today a meeting of the National Security Advisory Council, dedicated to the risks and threats to national security arising from the spread of narcotic and intoxicating substances among the younger generation and..

published on 2/18/25 6:50 PM

Protest against the adoption of the euro to be held on February 22

The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the Eurozone and for preserving the Bulgarian lev.  Other parties and civil organizations are expected..

published on 2/18/25 5:10 PM