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Growth is reported by companies operating in the technology, machinery, pharmacy, food, trade and textile sectors. This is presented by the "Capital 100" ranking for the tenth consecutive year. However, small and medium business are stimulating the Bulgarian economy rather than large companies.
The past year was not so good for energy and metallurgical giants because of low commodity prices.
The construction sector also took a downturn due to declining of government procurement, despite the revival in smaller companies building homes and offices in Sofia. Growth is tangible in food and drug manufacturers and retailers, whose revenues are increasing due to high domestic consumption.
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Japanese industrial giant Toyota is providing financial support to research conducted at the Sofia-based Institute for Computer Science, Artificial Intelligence and Technology (INSAIT), focusing on the realms of robotics and artificial intelligence (AI)
The first edition will take place on February 28 and will kick off a series of events aimed at fostering community development.
In a groundbreaking development, Bulgaria's Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) presented BgGPT, the first Bulgarian-language open-source artificial intelligence (AI) model of the latest generation
A comprehensive review spanning over two decades of neuroimaging research has unraveled profound effects of digital technology on children's brain development
The first package of regulations on risk management and the legal use of artificial intelligence was adopted by a large majority of MEPs during the June plenary session in Strasbourg
The US administration has suspended the export licenses of American companies for the production of the Chinese telecommunications equipment manufacturer Huawei
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
