After a dramatic decline in August 2022, one month later there is an albeit slight improvement in the business climate in industry, retail trade and services. At the same time a rise in prices is expected in all economic spheres in the coming..
In June 2022, the economic situation in Bulgaria improved. The overall business climate indicator rose 1.4 percentage points as compared to the previous month, when it fell 0.7 points, the National Statistics Institute announced. The indicator..
Today, the Bulgarian Branch Chamber “Roads” organize a second national protest in front of the National Assembly and across the country. "We declare the urgent need for actions aimed at adequate management and maintainance of the road network by..
The Sofia metro is marking 24 years since the first of its sections of five stations was commissioned. The first metro train was launched on 28 January, 1998, along a route that was 6.4 kms. long. The construction of the first five stations..
In November 2021 , the industrial production index increased by 1.4 % as compared to the previous month and by 13.2% compared to November 2020, data of the National Statistical Institute indicate. The turnover in retail trade also..
Entrepreneurs in the retail and services sectors in Bulgaria expect that prices will continue rising in the next three months , shows a November survey conducted by the National Statistical Institute. As a result of the deteriorating business climate in..
Bulgaria’s caretaker Minister of Regional Development and Public Works Violeta Komitova has dismissed the Chairman of the Road Infrastructure Agency Apostol Minchev who took office on May 27. Apostol Minchev was dismissed, because he suspended all..
In the past 2 years, state-owned companies paid about 4.4 billion euros to subcontractors for construction without public procurement procedures. This was done under the so-called in-house procedure, which could be applied only in emergencies and..
Bulgaria’s Ministry of Regional Development and Public Works is looking for ways to pay more than EUR 300 million to construction companies for road repairs, announced the ministry's press office. A working group has already launched an inspection..
The Municipality of Burgas has taken the first step towards the construction of a specialized children's hospital in the city. The hospital will be the work of the Spanish multinational consortium IDOM, selected by the European Investment Bank..
