Business

European Commission: Bulgaria Holds Authority to Alter Russian Oil Import Sanctions

During a press briefing, the European Commission disclosed that Bulgaria currently holds a temporary exemption from the broader EU sanctions on Russian oil imports, slated for termination by the year's end

Business » Energy | December 13, 2023, Wednesday // 14:40 | Viewed: 2507

Pamporovo's Exciting Ski Season Unveils New Lift and Events

Pamporovo welcomes a new ski season, introducing a state-of-the-art 6-seater lift connecting the "Malina" slope to the Snezhanka peak

Business » Tourism | December 13, 2023, Wednesday // 12:04 | Viewed: 3242

Bulgarian Parliament Votes to Prolong 9% VAT for Restaurants Until 2024 End

In a significant decision, Members of Parliament have passed a bill extending the reduced VAT rate of 9% for restaurants until December 31, 2024

Business | December 13, 2023, Wednesday // 09:39 | Viewed: 2305

New Rule: No Receipt, No Payment - Bulgarian MPs Announce Policy Change

Bulgarian MPs have greenlit a significant shift in consumer rights, deciding that individuals won't be obliged to pay for goods or services if they haven't received a proper receipt

Business | December 13, 2023, Wednesday // 08:07 | Viewed: 5108

Bulgaria's Average Salary Soars to BGN 2,000 in Q3 2022

Bulgaria witnesses a notable surge in average salaries, with Ministry of Labour and Social Policy data revealing an upswing in the third quarter of 2022

Business » Finance | December 12, 2023, Tuesday // 17:00 | Viewed: 4868

Bulgarian Trade Faces Downturn: Exports Decline by 6% and Imports by 10.5% in 2023's First 10 Months

Bulgaria grapples with a notable decline in its trade sector, as preliminary data from the National Statistical Institute (NSI) reveals a significant downturn in exports and imports during the initial ten months of 2023

Business » Industry | December 12, 2023, Tuesday // 16:01 | Viewed: 2382

Bulgaria MPs Draft Bill for Black Sea Wind Turbines

A significant legislative proposal has emerged as MPs unveil a draft bill aimed at harnessing wind energy in the Black Sea, specifically near Shabla

Business » Energy | December 11, 2023, Monday // 15:25 | Viewed: 2707

October 2023 Sees 4.4% Increase in Tourists Staying at Bulgarian Accommodation Establishments

In October 2023, the National Statistical Institute revealed a notable surge in accommodation stays, totaling 1,066,600 nights—a 4.4% rise compared to the previous year

Business » Tourism | December 11, 2023, Monday // 13:07 | Viewed: 2023

Underreported US and Canadian Investments Surpass Official Figures in Bulgaria

Investments from the USA and Canada in Bulgaria surpass the country's official balance of payments report findings, as per a recent Institute for Market Economy (IME) study spanning five years

Business | December 11, 2023, Monday // 12:34 | Viewed: 2374

Bulgaria Firm on Lukoil Sale: Insists on Legitimate Ownership for Refinery

Finance Minister Asen Vassilev affirmed Bulgaria's stance on any potential sale of Lukoil, emphasizing that if such a sale were to occur, it must involve a transparent and strategic investor.

Business » Energy | December 11, 2023, Monday // 11:19 | Viewed: 2852

Bulgaria-Serbia Gas Interconnector Officially Inaugurated by Presidents Radev and Vucic

The much-anticipated launch of the Bulgaria-Serbia Interconnector (IBS) witnessed a significant ceremony graced by the presence of Presidents Rumen Radev and Aleksandar Vucic from both nations

Business » Energy | December 10, 2023, Sunday // 12:06 | Viewed: 3859

Ukraine Expresses Continued Interest in Purchasing Belene NPP Equipment

Energy Minister Rumen Radev affirmed Ukraine's ongoing interest in acquiring equipment for Bulgaria's Belene Nuclear Power Plant (NPP) during an inspection of Bulgaria's gas link construction with Serbia

Business » Energy | December 9, 2023, Saturday // 11:00 | Viewed: 3075

Bulgaria Lags Behind EU Peers in Adoption of Cloud Computing Services

Recent data unveiled by Eurostat paints a revealing picture of Bulgaria's position in the European Union concerning the adoption of cloud computing services

Business | December 8, 2023, Friday // 17:49 | Viewed: 3113

Vestbee: VC Investments in CEE in 3Q 2023 Plateaus At €560M

Vestbee, one of the leading European platforms connecting startups, VC funds, accelerators, and corporates, has just released its VC Funding In CEE Report for 3Q 2023

Business | December 8, 2023, Friday // 16:55 | Viewed: 2804

Less than 4% of Companies in Bulgaria Use Artificial Intelligence

A total of 3.6% of enterprises in Bulgaria use artificial intelligence (AI) technologies, according to data from a study by the National Statistical Institute

Business | December 8, 2023, Friday // 14:05 | Viewed: 3158

Bulgaria Air with Аdditional Flights on the Route Sofia - Varna for the Holidays

On Christmas and New Year, Bulgaria Air is increasing the frequency of its domestic flights on the Sofia - Varna route, with which it gives passengers the opportunity to spend the exciting holidays with their loved ones, family and friends

Business » Tourism | December 8, 2023, Friday // 13:04 | Viewed: 3783

Bulgaria Records Second Lowest Air Travel Increase in EU

Newly released figures from Eurostat reveal a notable surge in Bulgarian air passengers, marking a 74% increase in 2022

Business » Tourism | December 7, 2023, Thursday // 18:08 | Viewed: 4765

Bulgarians Rank High for Work Hours in the EU

A recent study by France's Rexecode Institute has shed light on the work habits of Europeans, placing Bulgarians near the top of the list for work hours among EU citizens

Business » Industry | December 7, 2023, Thursday // 16:38 | Viewed: 4370

Bulgaria Poised to Emerge as Energy Storage Hub: Economy Minister's Talks in South Korea

Economy Minister Bogdan Bogdanov's visit to South Korea has laid the groundwork for a strategic memorandum between the two countries

Business » Energy | December 7, 2023, Thursday // 16:16 | Viewed: 3535

The Evolution of Online Casinos: A Journey Through Technological Advancements

Online casinos have come a long way since their inception in the mid-1990s.

Business » Industry | December 7, 2023, Thursday // 15:43 | Viewed: 3179

Bulgaria: No Compensation Owed for Recent Power Outages Caused by Snowfall

Electricity distribution operators will not be compensating users for power outages triggered by heavy snowfall across Bulgaria, Energy Minister Rumen Radev confirmed during a parliamentary hearing

Business » Energy | December 7, 2023, Thursday // 14:26 | Viewed: 3110
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