On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and leader of the Bulgarian Communist Party, Todor Zhivkov, turned the first sod for the country's northern transport axis. This was also the start of construction of the motorway ring in Bulgaria. The main designer of the route is engineer Dena Palankova, BTA recalls.
By 1985, the difficult section with numerous tunnels and bridges passing through the Vitinia Pass was completed. The highest viaduct in Bulgaria (120 meters) is situated in this section. The planned length of the highway route is 418 km, which makes "Hemus" the longest motorway in Bulgaria, but currently 191 km are completed and in use. A new 7 km-long section is soon to be put in use.
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
+359 2 9336 661