There has been a significant decline in production and sales, reads the annual survey of the Bulgarian Industrial Association regarding the business climate in 2023. The least affected are salaries, which in 2023 increase in 71% of the companies.
The numerous crises that have accumulated over the past 2-3 years have inevitably had an impact on the companies’ indicators, all of which marked drastic declines as compared to the pre-crisis 2019. Production and sales volumes, as well as foreign markets, are decreasing. Nevertheless, incomes are growing, the business says. 85% of respondents said they had offset inflation in their employees' incomes. 65% of them increased wages, 12% gave an annual bonus, 7% gave a quarterly bonus and 16% increased the amount given in the form of food vouchers.
The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show. According to them, the..
Bulgaria will request the suspension of egg imports from Ukraine at the upcoming Agriculture and Fisheries Council meeting in Brussels on September 23, caretaker Minister of Agriculture and Food Minister Georgi Tahov said at a meeting with farmers..
All non-household consumers will be compensated for the high cost of electricity by the end of the year, the government has decided. The European Commission has given the green light for the subsidy, the energy minister said. According to..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial..
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