According to estimates of the Bulgarian Industrial Capital Association, the national economy is to lose between EUR 150 million and EUR 200 million in 2016 due to the long holidays. The employers calculate that due to the mergers of the holidays and the working days between Easter and St George’s Day, as well as around May 24 (The Day of Culture and Slavic Script), there are 18 working days and 13 holidays this month. Only 8% of the Bulgarian companies, mainly in the transport and tourism field, are to benefit from the long holidays. However, the rest of the industry is to experience difficulties, because after the holidays they have to put additional pressure to their employees, in order to meet their targets. Even if shops are open throughout the holidays, the employers are to incur losses, because most of their clients spend the holidays outside the cities. Meanwhile, the companies abroad are functioning at full capacity, the Bulgarian employers complain.
A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by the Bulgarian-Greek Chamber of Commerce and Industry and the Bulgarian Chamber of Commerce and..
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the cities with the best conditions for using photovoltaic systems is Dupnitsa. The southwestern..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute. Compared to 2023, this marks an increase of 13.9% , with the public sector seeing an increase of..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the..
A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by..
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