Solar Fury: The Geomagnetic Storm of 2024
A potent geomagnetic storm, the most formidable in two decades, has struck, instigated by successive coronal mass ejections from the Sun
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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In April, inflation across the European Union remained steady, with both the EU and the Eurozone recording a rate of 2.6% and 2.4%, respectively, according to data from Eurostat, the official statistics agency of the EU
The Simeonovo lift, located on Vitosha Mountain, has ceased operations permanently due to unavailability of necessary parts
In 2023, the adoption of electronic business applications among enterprises in the EU varied considerably based on their size
During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026
According to AFP, the Ukrainian army has declared a halt to the Russian offensive in certain areas of the northeastern Kharkiv region
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU