Bulgaria: Employers and Unions Announce National Protest Over Rising Electricity Costs
Employers and trade unions in Bulgaria have announced a national protest on January 15, 202
Bulgarian trade unions have opposed a decision of the Interministerial Council on Defense Industry and Security of Supply at the Council of Ministers to terminate the license of Dunarit AD Ruse for the import, export, and transfer of arms.
Ruse-based Dunarit AD is a major manufacturer of military and machine- engineering products.
The Confederation of Independent Trade Unions in Bulgaria (CITUB) and the Podkrepa Labor Confederation have risen against the step, insisting that it will leave 750 people unemployed, according to reports of Sega daily.
The two trade unions have outlined the situation at the arms factory in a letter to the President, the Prime Minister, and the Economy Minister.
Workers at Dunarit have said they are ready to launch a strike.
According to the letter of the two trade unions, the decision to terminate the license of the Ruse-based factory has been motivated with “violated economic stability and reliability”.
They underscore that the conclusion would be ridiculous to anybody familiar with the economic situation at the company that makes an annual profit of over BGN 10 M.
Dunarit AD functions in line with NATO standards and exports output to Europe, Asia, and Africa.
The two trade unions demand an urgent meeting with the co-chairs of the Interministerial Council on Defense Industry and Security of Supply at the Council of Ministers, Economy Minister Bozhidar Lukarski, and Defense Minister Nikolay Nenchev.
In 2024, labor inspectors in Bulgaria carried out a total of 6,682 inspections in the construction sector, representing 13% of the overall 49,858 inspections conducted across all industries
According to a study presented to MPs by Prof. Emilia Chengelova, from the Institute of Philosophy and Sociology at the Bulgarian Academy of Sciences, the shadow (grey/informal) economy in Bulgaria remains high at 33%
A recent survey by digital payments company Visa reveals that most Bulgarians planning a winter vacation prefer to pay digitally at ski resorts
the last quarter of 2024, the proportion of properties purchased with mortgage loans in Bulgaria grew to 27%, or roughly every third property
Bulgaria's labor market remained stagnant throughout 2024
Retail sales across the European Union showed a decline in December, with both the eurozone and the EU reporting decreases
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability