Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Only 11 percent of Bulgarian SMEs invest in new technologies

A mere 11 percent of small and medium-sized enterprises in Bulgaria invest in new technologies, whereas in Germany, Switzerland and the Netherlands this percentage is 40, said Mark Nicklas head of the “Innovation Policy and Investment for Growth” unit of the EC at a business forum in Plovdiv, dedicated to the future of the economy and digital transformations.

Mark Nicklas pointed out that in the updated economic strategy the EC is staking on productions of high value added, digitalization, but also on the adaptation of the people. Gunnar Muent, Director of the Innovation and Competitiveness Department within the Projects Directorate at the European Investment Bank advised businesses in Bulgaria to have more courage and invest in new technologies, because at this time, Bulgaria is last in the list of European countries by this indicator. 




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Drones to aid disaster and fire response in Burgas

Following a series of fires in the Burgas area last summer, including one that destroyed homes in a local villa district, the Burgas municipality has acquired high-tech drones equipped with thermal cameras, night vision, and 3D imaging . The two..

published on 11/25/25 7:01 PM

Bulgarian police break up migrant smuggling network

Illegal migrants from Syria, Iraq and Iran have been discovered in Sofia, and ten members of an organised criminal group have been arrested , Deputy City Prosecutor Desislava Petrova told reporters. Two of those arrested have been charged as the..

published on 11/25/25 6:48 PM

Amendments to the draft budget hint at state's readiness to buy Lukoil assets

Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft budget for 2026, submitted between the first and second readings. The change that increases the..

published on 11/25/25 4:47 PM