Every second active company in Bulgaria does not have even a single employee and only its owner works in it, a survey of the National Statistical Institute shows. Every newly-established company functions for slightly less than one year on average, the survey further shows. In 2016 the number of sole proprietorship companies amounted to nearly 170,000, or 48.8% of all 347,000 companies in Bulgaria. Nearly 127,000 companies, or just over a third of all functioning companies, employ up to four people. Only 7.9% of the companies employ over ten people, NSI informs.
Belgium and the Netherlands will transfer seven Tripartite mine countermeasure vessels to Bulgaria free of charge, Naval News reported, citing the Belgian Ministry of Defence. The decision was approved by the Belgian government on September..
The Russian owner of the cargo ship linked to a supply of ammonium nitrate at the centre of the devastating explosion at the Port of Beirut in 2020 has been arrested in Bulgaria. Igor Grechushkin is wanted by Interpol, along with the ship's captain,..
Bulgaria's President Rumen Radev met with China’s Vice Minister of Commerce Ling Lee to discuss deepening economic partnership. The meeting was also attended by representatives of a Chinese business delegation visiting Sofia for the 18th session of..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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