The pandemic has hit the perfume industry, and hence the rose oil business. In 2020, 40% of the rose crop remained unpicked. This year the situation is critical.
“We are on the verge of a zero year in rose production. A great many of the distilleries in the country say they do not intend to have a crop purchase campaign at all this spring. They do not have the financial resource to purchase and process rose flowers, and do not need to because they have obsolete stock which they are unable to market,” Hristo Nikolov, chair of the Professional Association of Rose Producers in Bulgaria commented for BNR-Stara Zagora. That is why they are calling for convening a consultative council on the oil-yielding rose.
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
In an unprecedented move, the Bulgarian government approved the 2026 state budget draft at its meeting toda y without the agreement of employers’ organisations. Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry, said that..
Today, Sofia will host the fifth edition of the Global Women Leaders Forum. The event is organized by the Council of Women in Business in Bulgaria. Themed “Fast and Furious Changing World: Women in the Driving Seat”, the 2025 edition of the forum..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
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