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BICA pushes for easier labour import and faster increase in retirement age

The Bulgarian Industrial Capital Association (BICA) insists on reforming the pension system and accelerating the rate of increase of the retirement age for men and women, as well as easing the administrative procedures for importing labour from..

10.10.23 16:39 |

CITUB: Bulgaria’s state budget is “tasteless pizza dough” for employees

“We will come out stronger from the crisis, but we are now in the eye of the storm. The turbulence is extremely big”, Bulgaria’s Minister of Finance Assen Vassilev said during the economic forum “The Noise of Money” which took place on June 7...

08.06.22 13:57 |
Chairman of the Industrial Capital Association in Bulgaria (BICA) Vassil Velev

BICA Chairman Vasil Velev: Gazprom's suspension of gas supplies to Bulgaria is a "legend"

The chairman of the Industrial Capital Association in Bulgaria (BICA) Vassil Velev defined as a "legend" the claim that Gazprom has stopped gas supplies to our country. "The contract has not been terminated - there is a 'take and pay' clause in it,..

05.06.22 11:46 |

Bulgarian Industrial Capital Association makes proposals for coping with economic crisis

The Bulgarian Industrial Capital Association (BICA) outlined several priority operations in support of businesses and jobs, to be launched as soon as the partnership agreement and the programmes for the period up until 2027 are approved by the..

14.05.22 13:11 |

BICA supports National Recovery and Sustainability Plan

The Bulgarian Industrial Capital Asociation has supported the National Recovery and Sustainability Plan. A total of EUR 5.7 billion will be invested in Bulgaria in the next 5 years under this plan. According to BICA, “this resource is an unprecedented..

08.11.20 16:29 |

Industrial production in Bulgaria is at risk

Nearly 10% of the Bulgarian workers have been placed under quarantine since the beginning of the Covid-19 crisis. The number of paid sick leaves issued in connection with the coronavirus pandemic amounted to 27,000. Some enterprises risk suspending..

05.11.20 15:25 |
Vasil Velev, chairman of BICA

Industrial Capital Association: Increasing the minimum wage is a mistake

The Bulgarian Industrial Capital Association (BICA) forecasts a decline in the country's gross domestic product between 3.5 and 5.5% depending on the development of the second wave of Covid-19. This was said for BNR by the chairman of the association..

20.10.20 11:30 |

Employers speak out against increase of salaries in public administration

Three of the four nationally representative employers' organizations - the Bulgarian Industrial Capital Association (BICA), the Bulgarian Industrial Association (BIA) and the Bulgarian Chamber of Commerce and Industry (BCCI) - have spoken out against..

31.08.20 18:24 |
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 |
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