In June 2020, Bulgaria’s processing industry grew as compared to the previous month (May 2020). According to data of the National Statistical Institute, the manufacture of motor vehicles, trailers and semi-trailers increased with 73.2% month on month and manufacture of furniture increased by 24.0%. Manufacture of tobacco products grew with 15.9% and processing of timber and wooden articles, excluding furniture, increased with 14.8%. However, manufacture of apparel fell with 19.5%. Manufacture of metal products, excluding machinery and equipment, fell with 5% month on month.
Bulgarian protein bar manufacturer Healthy Bars is planning to build a new factory in the capital's Vrabnitsa district. The Regional Inspectorate for Environment and Water has already been notified of the intention, and the company has announced that..
As of October 1, the BNB has tightened the criteria for banks when granting mortgage loans. The central bank's decision comes after an analysis that shows significant credit growth in the segment and its acceleration in the second quarter of the year...
Bulgaria and China established diplomatic relations 75 years ago – in 1949. A year later, the People’s Republic of China and the People’s Republic of Bulgaria, as this country was then called, exchanged ambassadors, developing full-scale relations –..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
Partly Cloudy
Mostly Cloudy