Send to Kindle
Bulgarian Prime Minister Boyko Borisov (L) greets IKEA founder Ingvar Kamprad (R). Photo: Press service of Bulgarian government.
Bulgarian Prime Minister Boyko Borisov and Ingvar Kamprad, founder and owner of IKEA, discussed the opportunities for business development at a meeting in Sofia on Friday.
Kamprad introduced to Borisov the intentions of the Swedish company to increase its turnover from Bulgaria.
In the medium-term perspective, IKEA planned to increase its orders from Bulgaria, the government's press service informs.
At the same time, the company was intending to make considerable investments in short-term credits with low interest rates for the technological renewal of its Bulgarian partner companies.
IKEA had more than 25 years of experience in Bulgaria, particularly in the order and purchase of finished goods for its stores.
The Bulgarian Prime Minister highlighted the efforts of the cabinet to encourage both foreign and internal investments.
Borisov also noted the tax policy of the government, the measures for improving the business environment and the development of the infrastructure.
Several Bulgarian banks have introduced a period during which individuals can deposit cash in leva into their accounts free of charge
President Rumen Radev is taking part in the Meeting of Heads of State and Government within the framework of the South-East European Cooperation Process
The new week begins with plenty of sunshine across the country
Bulgaria’s Ministry of Labor and Social Policy released its National Employment Action Plan (NAP) for 2025 in early May,
Nearly 100 million leva are being concealed from taxation by hairdressers and home-based craftsmen
If traders attempt to unjustifiably raise prices during the transition to the euro, the National Revenue Agency (NRA) will detect it through discrepancies in VAT declarations
Bulgaria’s Ministry of Labor and Social Policy released its National Employment Action Plan (NAP) for 2025 in early May,
Nearly 100 million leva are being concealed from taxation by hairdressers and home-based craftsmen
If traders attempt to unjustifiably raise prices during the transition to the euro, the National Revenue Agency (NRA) will detect it through discrepancies in VAT declarations
In the span of just three years, Bulgaria's grain producers have seen their access to European markets completely disappear
The CEO of the Sofia Commodity Exchange, Vasil Simov, dismissed speculation about any dramatic price hikes on the market
From July 1, 2025, electricity and thermal energy prices in Bulgaria are set to increase
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe
