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Investments

  •  Bulgaria Air and Air Italy Start Joint Flights to the United States and Canada

    Bulgaria Air and Air Italy have signed a large partnership to offer their customers a better and more convenient connection between Bulgaria, Italy, the United States, Canada, Asia and Africa. Under a new codeshare agreement between the two airlines, Bulgaria Air's FB code will be placed on Air Italy's air tickets between Milan Malpensa and Rome Fiumicino, Naples, Olbia and Cagliari (Sardinia), Palermo and Catania (Sicily) and Lamedia Terme (Calabria).

  •  In the Next 3-4 Years There Will Be No New Economic Crisis in Bulgaria

    In the next 3-4 years there will be no new economic crisis in Bulgaria. This is what Bulgaria's Deputy Economy Minister Lachezar Borissov said at a roundtable in Sofia, quoted by BGNES. He specified that the forecast was made on the condition that no extraordinary events which occur around the world.

  • 200 Chinese Companies are Interested to Invest in Bulgaria

    Representatives of more than 200 companies from China were in Bulgaria this year, looking at opportunities for investment in the country and partnerships with Bulgarian companies. This was stated by the Deputy Minister of Economy Alexander Manolev at the opening of the International Conference of Young Leaders, which is part of "16 + 1".

  • 3% Growth in the Bulgarian Economy is Expected in 2019

    Over 3% growth in the economy in 2019, awaits the Ministry of Economy this year, reported the Bulgarian National Television.

  • 7 Bulgarian Companies among the Fastest Growing in Europe

    Seven Bulgarian companies have found their place in the annual ranking of the prestigious business magazine Financial Times, which ranks companies for revenue growth in three years. This year, the threshold for entering the top 1 000 is even higher - 37.7 percent, compared to 34.6 percent last year.

  • Auto Parts Korean Leader Plans to Make Two Plants in Bulgaria

    Korean company active in the automotive sector is interested in investing in Bulgaria. It is a company that is a leader in the production of car components, according to an official announcement of the Ministry of Economy after a meeting of the Deputy Minister Lachezar Borisov with representatives of the company, reports Money.bg

  • Bulgaria : 76% of the Employed Work in the Private Sector

    In the third quarter of 2018 the number of unemployed people was 168.3 thousand, of which 97.2 thousand (57.7%) were men and 71.1 thousand (42.3%) were women. The unemployment rate is 5%, for men 5.4% and for women 4.5%, and decreases by 0.8 percentage points compared to the same period in 2017, reports money.bg

  • EU Fines Mastercard EUR 570 Million in Anti-trust Action

    The European Union has fined global credit card giant Mastercard 570 million euros ($647 million) for limiting competition between banks offering cheaper payment fees, reports AFP.

  • JYSK Opens 300 New Jobs and at Least 3 Stores

    Danish furniture chain JYSK achieved 68.6% growth in Bulgaria's turnover for the financial year 2017/2018, reaching sales of BGN 43.3 million, reported moneybg.

  • Loans in Bulgaria Increase by 11% on Yearly Basis, Consumer Loans - with over 17%

    Household loans are growing at a faster rate than deposits, the Bulgarian National Bank statistics show at the end of January

  • Trade Volume Between Egypt, Bulgaria Amount to $1 Billion

    Moayad el-Dalie, the Egyptian ambassador to Bulgaria, said that Egypt is Bulgaria's biggest economic partner in the Middle East and North Africa, adding that trade volume between the two states amounted to $1 billion, according to Egypt Today.