"Bulgaria has always gladly welcomed honest business practices and German companies that operate in this country have proved that. The Bulgarian government is ready to provide assistance to all investors coming from Germany,” Bulgarian Prime Minister Boyko Borissov said at a meeting with an official delegation of the German Foundation for Family Businesses. The delegation includes nearly 30 representatives of large German family companies working in the sectors of textile industry, agriculture, construction and real estate, corporate investments, production of industrial minerals, electrical engineering, food processing, shipping, chemical industry, etc. The foundation unites 400 large family companies from Germany, with an average turnover of about 1.4 billion euros. Each member company has an average of 6,000 employees. "We see that there is positive development and that this country is going in the right direction," Executive Director of the foundation Stefan Heidbreder said. He pointed out the importance of the high-level delegation, which includes both representatives of companies with an established presence in Bulgaria such as Festo, Quartzwerke and Dr. Oetker, as well as other major German family businesses that show particular interest for investments in this country.
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
With a growth of 2.2 percent, Bulgaria is among the top 6 countries in the EU, Caretaker Minister of Economy Petko Nikolov reported..
Bulgarian National Bank (BNB) Governor Dimitar Radev has met with EU ambassadors and discussed the country's upcoming accession to the..
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