Bulgaria January-February 2022 Budget surplus at 713.3M leva
Bulgaria’s Finance Ministry has recorded a consolidated Budget surplus of 713.3 million leva in the first two months of the year, or 0.5 per cent of this year’s estimated gross domestic product, exceeding the ministry’s forecast of 697 million leva... Read More →
Record Growth of the Bulgarian Economy for 2021
The new data from the National Statistical Institute (NSI) on several main economic indicators are extremely positive. From them, it can be concluded that the Bulgarian economy has already overcome the crisis related to the coronavirus and is entering a period of... Read More →
Business climate in Bulgaria improved in January 2022
A regular monthly poll by the National Statistical Institute (NSI) has found that managers see the business climate in Bulgaria as having improved, the second consecutive month of perceived improvement, following several months in a row of decline in 2021.... Read More →
Bulgaria and German firm sign memo on 140M euro investment in electric car plant
On behalf of the Bulgarian government, caretaker Economy Minister Kiril Petkov signed a memorandum on July 10 with German-based startup Next.e.Go Mobile on an 140 million euro investment in the construction of an electric car manufacturing plant in Lovech, reports... Read More →
Bulgarian drones start transporting cargo for a German company across Europe
Unmanned aerial vehicles with a range of up to 2,500 km, created by the Bulgarian company Dronamics , will start operating flights from 2022 for the German logistics group Hellmann. In a statement from Reuters in London, executives of the two companies said that... Read More →
Key Steps to Calculate Risk When Growing a Business
Growing and scaling your business will involve taking risks. To increase your chances of success, make sure the risks you take are calculated. The key to dealing with risks in business is to make sure that you’re balancing the downsides with the... Read More →
How to develop a profitable business
Entrepreneurs possess a special kind of grit. They reach higher, do more and expect rewards for their efforts. But one colossal blunder many budding entrepreneurs make is initially putting too much emphasis on the profit portion of business. This narrow focus lacks several... Read More →
10 Reasons Deals Collapse
Relationships Know what the seller wants out of the deal. That seems obvious, but sometimes what they want is not obvious even to themselves. You must dig deeper and read between the lines to uncover their unrecognized motivations. Make sure you... Read More →
Bulgarian economy grew by 4.3% in Q3 2020
Bulgaria’s economy grew by 4.3 per cent in the third quarter of 2020, the National Statistical Institute (NSI) said in a flash estimate on November 13. In real terms, gross domestic product (GDP) in Bulgaria in July-September was 31.22 billion... Read More →
Are You a Workaholic? How To Focus on Working Smart Instead of Hard
Many entrepreneurs tend to be addicted to work, perhaps you are without really realizing it. It is important to recognize it first, and then work on it by differentiating smart work and overwork. When you are an entrepreneur, working tirelessly... Read More →