Over the last year and a half, industrial production in Bulgaria continues its upward trend on a monthly and annual basis. For August the growth is estimated at 0.7% compared to July and 16.5% compared to last year, announced the National Statistical Institute.
Declines were recorded only in the chemical sector (down 11.6%), electronics (down 10.3%), automotive and timber (down 8.5%).
The construction sector also grew by 0.5% in August, offsetting the decline recorded in July.
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...
The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show. According to them, the..
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted...
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