The mayor of Bulgaria’s capital Sofia Yordanka Fandakova, the Acting Director of the U.S. Trade and Development Agency Enoh Ebong and the U.S.Ambassador to Bulgaria Herro Mustafa signed a grant agreement aimed at financing a plan for modernization of “Toplofikaciya Sofia” district heating company.
The plan is to analyze the possibilities for complete reconstruction, rehabilitation and recapitalization of the municipal enterprise that serves almost 1 million zitizens, announced the press center of Sofia Municipality. The analysis will be performed by a team of highly qualified American experts in the field of engineering, finance and law.
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..
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