Economic analysts expect that in 2020 the number of bankruptcies in Bulgaria will increase by 21% as compared to 2019 as a result of the Covid-19 crisis. Companies from almost all sectors are at risk of bankruptcy, especially those operating is the transport sector, the automotive industry, the tourism sector and the industry for manufacture of luxury goods.
Only the IT and the pharmaceutical sectors, where higher stability has been witnessed, are not at risk of bankruptcies. Analyses show that in 2020 businesses wait 6 days longer on average, or up to 66 days, to receive payments under signed contracts, as compared to 2019, BNR reporter Natalia Ganchovska informs.
2025 WTCA Europe Regional Conference begins today in Sofia and will continue until June 17, 2025. Hosted by the Bulgarian Chamber of Commerce and Industry (BCCI), the event will bring together industry leaders, innovators and visionaries from across..
During the night, the weather over most of the country will be clear and calm. Temporary increases in cloudiness are expected over the central and eastern parts of Bulgaria. It will be mostly sunny on Sunday. Cumulus clouds will develop in the..
Thousands of people took part at Sofia Pride 2025, which began this afternoon at Knyaz Alexander I Square in the capital city. The campaign, organized for the 18th consecutive year, aims to promote equality and social integration for LGBTI+ people...
Bulgarian citizens in the territory of the State of Israel are advised to remain calm, strictly adhere to the instructions of the Israeli Civil Defense ,..
According to a survey by sociological agency Sova Harris conducted in June, the government’s information campaign on the country’s entry into the..
“The military conflict between Israel and Iran is a threat to the security of the entire region,” said PM Rosen Zhelyazkov and expressed the hope..
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