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.
On Thursday, 9 October, cloud cover will remain heavy over the eastern half of the country . Many areas will see rain in the morning, but showers will weaken and stop during the day. In the west, the chance of rain is low and skies will gradually clear...
The European Commission has brought legal action against Bulgaria at the European Court of Justice (ECJ), arguing that the country has not fully transposed EU rules on the posting of drivers into national law and calling for financial penalties, BNR..
A study by the Institute of Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University “St. Kliment Ohridski” has been recognised as a leading paper at one of the world’s most prestigious events in artificial intelligence and..
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..
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