Staff cuts are underway, or are forthcoming in no less than 12 big and medium-sized enterprises from the processing and the light industry, indicate data of the Confederation of Independent TUs in Bulgaria (CITUB).
A total of 96 big and medium-sized enterprises employing a staff of almost 48,000 have been affected negatively by the Covid-19 crisis. Besides tourism, hotel and restaurant keeping, the spheres affected are water supply and sewerage, the timber industry, urban and inter-city transport, the light and the processing industry. The problems are connected with postponed commissions and payments, frozen international markets.
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be..
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