Israeli Central Bottling Company Delays Bulgaria Expansion
The Israeli company Central Bottling has delayed the launch of its partner Muller's products in Bulgaria over the global financial crisis.
After spending years stepping up its activities outside Israel, the Central Bottling Company, is slowing the pace, haaretz.com reported.
A company spokesman commented that the group received the franchise for the Muller brand in 2007, for Romania and Bulgaria. It had always been the plan to start operating in Romania first, and only later to enter Bulgaria, which simply hasn't happened yet.
In 2007 the Israeli company received a license to work together with the European dairy company Muller in Romania and Bulgaria, and a year ago it began working in Romania. But Central Bottling has decided to suspend its launch in Bulgaria until further notice, mainly because of the impact of the global economic crisis on Eastern Europe.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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
Rounded Prices in Euros to Hit Bulgarians' Pockets after Eurozone Entry
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
Bulgaria's E-commerce Set to Contribute 2.11% of GDP in 2023
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
Bulgarian Airlines Association Explores Sofia Airport's Transit Hub Potential
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 Resumes Scheduled Flights Between Sofia and Istanbul
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
Surge in Home Loans Sets New Record in Bulgaria
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