First Sod of The Supercomputer made in Sofia. Bulgaria Becoming a Digital Hub in the Region
“With its huge power, the supercomputer in Bulgaria will be able to make billions of operations, comparisons and conclusions within an hour. The heat generated by it will be used to heat neighboring buildings. After its construction, Bulgaria will establish itself as a digital hub in... Read More →
5 Small Business Trends to Pay Attention to in 2020
2020 hasn’t turned out like most companies expected, but these trends offer an opportunity to move the needle in the right direction. As an entrepreneur, you’ve likely had to embrace change lately so you not only continue to succeed, but you also find... Read More →
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 →
