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Two major players in the e-scooters market - Lime and Bird, which have businesses in Bulgaria, suffer heavy economic losses from their operations, world agencies said. In the first quarter of 2019, Lime reported a decline of $ 300 million in revenue on an annualized basis due to increasing operating costs, and its competitor Bird reported approximately $ 100 million in losses with only $ 15 million in revenue, "24 Hours " writes.
According to the information, the main reason for that is that the average life of such a vehicle turned out to be too short - only about three months. Lime, for example, accounts for very high depreciation and very high maintenance costs for workshops and warehouses, where scooters are repaired.
In addition, the vandalism damage in many places around the world has irreversibly damaged their lithium-ion batteries and they are being discarded, prompting many countries to introduce new, more costly regulations to utilize them.
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The Bulgarian Food Safety Agency has detected an outbreak of the disease Influenza (flu) in birds in a facility for breeding quails for eggs in the land of the town of Etropole in the Sofia region
Divers removed 21 electric scooters from Thessaloniki offshore, FOCUS News Agency reported.
The rules for electric scooters are ready.
A prohibition for the people to ride an electric scooter unless they have a moped licence is on its way.
Traffic police officers are beginning to sanction the owners of electric scooters, as they are not legally allowed to move on the road network in Bulgaria, the head of the Traffic Police-Sofia Commissioner Lyubomir Kostadinov told the BNR.
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
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