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Bulgaria’s business climate worsens for the third consecutive month

Business climate in Bulgaria has worsened in October. The business sentiment indicator deteriorated in the following sectors- industry, retail trade, services, etc. Business sentiment has remained steady only in construction. All managers forecast..

28.10.21 13:42 |

Expensive electricity causes dissatisfaction in Bulgarian industry

Electricity prices in Bulgaria are 50 percent higher than those in the main export markets for Bulgarian industry - Germany, Italy, France, Austria. This is stated in a letter from the Association of the Organizations of Bulgarian..

04.08.21 13:08 |

Mining and energy sectors in Bulgaria are leaders in high paying salaries

The highest average gross monthly salary in Bulgaria for 2019 was in the municipality of Chelopech - 1245 euros. The municipality of Kozloduy holds second place with 1093 euros, followed by Radnevo with 935 euros, the Institute for..

24.03.21 17:17 |

Interactive online map of Bulgarian industry presented

The first interactive map of Bulgarian industry is now available online, BGNES reports. The project was developed by the Ministry of Economy and the Small and Medium Enterprises Promotion Agency in partnership with the Bulgarian Innovative..

10.09.20 13:33 |

Productivity has increased by 2.5% in first quarter of 2020

Bulgarians create 9.46 euros of the country's GDP for one hour of work, the National Statistical Institute has announced. In the first quarter of 2020, the GDP per employee has increased by 2.5% on an annual basis to 3,848 euros. The number of employees..

04.06.20 15:34 |

Bulgarian production is adapting to new conditions

In the space of less than one month more than 65 companies in Bulgaria have transformed their production, adapting it to the state of emergency over Covid-19. Once the crisis is over this transformation could lead to production expansion..

23.04.20 09:53 |

Industry prices have barely risen for a year

For a year industrial prices rose by 2.3%. This is shown by the data of the National Statistical Institute for October. The most visible is the increase in the production and distribution of electricity and heating, as well as gas - 10.2%. The rise in..

29.11.19 17:30 |
President of Bulgarian Industrial Capital Association Vasil Velev

Bulgarian Industrial Capital Association: the crisis is already here!

The Bulgarian industry is not facing a dilemma whether the crisis may come-it is already here, the President of the Bulgarian Industrial Capital Association Vasil Velev told the Bulgarian National Radio. Vasil Velev pointed out that according to..

12.09.19 15:47 |

Bulgaria has well-developed industry, report in parliament reads

Bulgaria is a country with developed industry with an added value share above the European average. This was reported during a discussion in parliament on the topic of "Basic Industries and Economic Future of Bulgaria", which took place in..

20.11.18 13:45 |

Industrial sector in Bulgaria attracts biggest volume of foreign investments

The foreign direct investments in the non-financial sector in Bulgaria at the end of 2016 amounted to EUR 23.491 billion, or 1.4% more as compared to the end of 2015, preliminary data of Bulgaria’s National Statistical Institute show. The industrial..

31.08.17 13:11 |
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