The majority of Austrian companies that have invested in Bulgaria expect the economic climate in the country to remain stable (54%) or improve (13%) over the next 12 months. This was shown by the traditional "Survey among Austrian investors in Bulgaria" of Advantage Austria. The results were presented by Philippe Kupfer, Commercial Counsellor at the Austrian Embassy. The survey was conducted at the end of 2024 and includes representatives of 98 companies.
For 40% of respondents, the introduction of the euro in Bulgaria will have a positive impact on their activities, for 24% - "rather positive", for another 24% it will not have any impact.
Among the challenges for Austrian investors are the growth of wages in this country in recent years and the shortage of qualified labor force.
On Thursday, the lowest temperatures will be between 9 and 14°C; in Sofia – about 12°C. During the day there will be rain showers in the western and southeastern regions of Bulgaria. The precipitation will be more intense in the..
Underwater excavations near Cape Kilik in Bulgaria’s Avren municipality have revealed evidence of a harbour dating back to the early 1st millennium BC. The September 17–23 expedition, led by Prof. Ivan Hristov with divers from the National..
Bulgarian Foreign Minister Georg Georgiev told a B4 meeting that EU enlargement is a natural priority for Sofia. Speaking on the sidelines of the 80th UN General Assembly, Georgiev joined counterparts from Greece, Romania and Croatia to discuss..
A Bulgarian parliamentary delegation led by Raya Nazarian, Deputy Speaker of the National Assembly and Chair of the Bulgaria-Japan Friendship Group, is..
On Wednesday at dawn, temperatures will range between 8 and 14°C , and up to 18°C along the Black Sea coast. In Sofia, it will be around 9°C. In the..
The Bulgarian Foreign Ministry is monitoring the case of Lyubomir Kirov, a dual Bulgarian-Ukrainian citizen who has reportedly been mobilised in Ukraine..
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