Up To BGN 5,000 Fine For Incorrect Conversion And Rounding Of Prices From BGN To EUR
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
A German company has invested EUR 32 million to build a new electric wiring plant in Pleven. This will create 2000 jobs for the region, a press conference at the Ministry of Economy has revealed.
The base will be built in stages and the first capacities are expected to work by the end of the year, said the director of the German company Leoni - Ralph Zingman, who officially handed a letter to the Deputy Minister of Economy Alexander Manolev.
"This is another company for which Bulgaria is an attractive business destination. According to a study by the German-Bulgarian Chamber, more than 90% of the partner companies said they would invest again in Bulgaria, "Manolev noted.
"At this stage, I do not want to reveal exactly where the plant will be built, and which company we will work for. I will only say that it is a big German car company. Our plans foresee half of the investment being for buildings and the other half for machines, "Zingman said.
Deputy Economy Minister Alexander Manolev also noted that the German firm's investment has been the largest in the region over the past 10 years. The Ministry of Economy has been working with the investor on the project for a year, even because of the company's amendments to legislation on the use of certain chemicals and raw materials. The amendments were made with the consent of the European Commission. The plant is expected to run at full capacity by 2020.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights
Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022