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

Businesses in Bulgaria at risk of being taken over

Photo: BGNES

Bulgaria ranks first in terms of business risk among four surveyed countries (Bulgaria, Spain, Italy and Romania) during an international pilot project, Todor Galev of the Center for the Study of Democracy has told BNR. The sectors of construction, trading in fuels and pharmaceuticals, as well as regulatory and control institutions have been monitored over a ten-year period. "There is an unhealthy environment with no guarantees for normal business relations," the expert commented. He expressed surprise that the parliamentary committee reviewing the work of the previous government received evidence of political racketeering against businessman Svetoslav Ilchovski committed by people close to the government, not because such cases were rare, but because of overall disbelief in the possibility of finding justice. However, Todor Galev does not expect the Prosecutor's Office to become more active, because it was part of the problem with the conquest of law enforcement institutions.



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

Boyko Borissov

Bulgaria could face fuel shortages if Lukoil stops operating, says GERB leader Borissov

Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on Thursday. Prime Minister: Bulgaria has a month to decide how to proceed after US sanctions on..

published on 10/23/25 2:13 PM

Prime Minister: Bulgaria has a month to decide how to proceed after US sanctions on Lukoil

Bulgaria has until 21 November to decide how to proceed with the Lukoil Neftochim refinery, Prime Minister Rosen Zhelyazkov said on Thursday ahead of a meeting of EU leaders in Brussels. He was apparently referring to the end of a US Treasury..

published on 10/23/25 1:57 PM

The Bulgarian army will gradually make up for its personnel shortage

The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee.  The committee supported the..

published on 10/23/25 11:32 AM