The majority of Austrian companies that have invested in Bulgaria expect the economic climate in the country to remain stable (54%) or improve (13%) over the next 12 months. This was shown by the traditional "Survey among Austrian investors in Bulgaria" of Advantage Austria. The results were presented by Philippe Kupfer, Commercial Counsellor at the Austrian Embassy. The survey was conducted at the end of 2024 and includes representatives of 98 companies.
For 40% of respondents, the introduction of the euro in Bulgaria will have a positive impact on their activities, for 24% - "rather positive", for another 24% it will not have any impact.
Among the challenges for Austrian investors are the growth of wages in this country in recent years and the shortage of qualified labor force.
In Saturday an atmospheric disturbance will sweep across the country. Minimum temperatures will reach 8-13° C., for Sofia 10° C. After the nighttime precipitation over Northern Bulgaria, during the day the Northwesterly wind will pick up..
The European Commission will provide around €50 million from the EU agricultural reserve to fruit, nut and vegetable producers in Bulgaria, Latvia, Lithuania, Hungary, Poland and Romania who have suffered significant damage from adverse weather events,..
The fight against the grey sector is directly connected with restricting labour exploitation and with human rights protection, said Minister of Labour and Social Policy Borislav Gutsanov at the opening of an international conference “Improving..
The European Commission will provide around €50 million from the EU agricultural reserve to fruit, nut and vegetable producers in Bulgaria, Latvia,..
The fight against the grey sector is directly connected with restricting labour exploitation and with human rights protection, said Minister of Labour..
In Saturday an atmospheric disturbance will sweep across the country. Minimum temperatures will reach 8-13° C., for Sofia 10° C. After the..
+359 2 9336 661