Unemployment in Bulgaria in January 2020 was 4.1%
Unemployment in Bulgaria in January 2020 was 4.1 per cent, down from 4.8 per cent in January 2019, European Union statistics agency Eurostat said on March 3, citing seasonally-adjusted figures. The January 2019 figure represented an estimated 159 000 people... Read More →
Bulgaria’s exports in 2019 were 3.3% higher than in 2018
The total value of all goods exported from Bulgaria in 2019 added up to 57 901.4 million leva, about 3.3 per cent higher than in 2018, the National Statistical Institute (NSI) said on February 10, citing preliminary data. In December... Read More →
Bulgaria’s exports in January – November 2019 up 3.7%
In January – November 2019, the total value of all the goods exported from Bulgaria amounted to 53 758.2 million leva, about 3.7 per cent more than January – November 2018, the National Statistical Institute (NSI) said on January 13,... Read More →
Bulgaria’s Tourism Industry ‘Grew 11% Last Year’
An increase in the number of foreign tourists visiting Bulgaria has boosted the sector’s overall growth in 2016, according to the estimates of a renowned think-tank. As many as 8.4 million foreign tourists took trips to Bulgaria last year, Rumen Draganov, who heads the Institute... Read More →
Bulgarian Energy Minister Confident about Belene Privatization
If a procedure to privatize the Belene nuclear power plant (NPP) project takes place, it will certainly be successful, Bulgarian Energy Minister Temenuzhka Petkova has said. “We can only saw what the real investment interest is after a privatization procedure,” Petkova has told the Bulgarian... Read More →
Bulgaria’s Exports to EU Grew 6% in Jan-Sept
Bulgarian exports to the European Union increased by 6% between January and September compared to the same period of last year, national statistics show. Exports amounted to BGN 23.0345 B in the first nine months of the year, according to preliminary data of... Read More →
Bulgaria records 0.8% economic growth in Q3 2016
Bulgaria’s economy posted 0.8 per cent growth in the third quarter of the year, the National Statistical Institute (NSI) said in a flash estimate on November 15. In real terms, gross domestic product (GDP) in Bulgaria in July-September was 24.63... Read More →
Most common types of business entities in Bulgaria
Comprehensive information regarding the most used companies types by foreign investors in Bulgaria. Main forms of business organization The main legal forms of business entity in Bulgaria are the limited liability company, the joint-stock company, the branch and the Trade... Read More →
How Does A Corporate Income Tax Affect Company Decisions?
Almost all corporations are required to pay a corporate income tax to the Internal Revenue Service. Furthermore, many states also charge corporate income taxes to corporations that do business in that state. While corporate income taxes are the same as personal income... Read More →
Minister Loukarsky: “Our priority is to develop a stable investment climate”
The Ministry of Economy is really committed to further improve the business environment and you can count on our active cooperation and support. We will work hard in order to implement the economic priorities of the government – to simplify... Read More →
