Economic analysts expect that in 2020 the number of bankruptcies in Bulgaria will increase by 21% as compared to 2019 as a result of the Covid-19 crisis. Companies from almost all sectors are at risk of bankruptcy, especially those operating is the transport sector, the automotive industry, the tourism sector and the industry for manufacture of luxury goods.
Only the IT and the pharmaceutical sectors, where higher stability has been witnessed, are not at risk of bankruptcies. Analyses show that in 2020 businesses wait 6 days longer on average, or up to 66 days, to receive payments under signed contracts, as compared to 2019, BNR reporter Natalia Ganchovska informs.
''Today, we celebrate the holiday of our capital – a city with a history filled with significant moments, a city that has always been at the heart of Bulgaria. Sofia is not just a geographic location; it is a symbol of spirituality, culture and..
Vinprom-Troyan organizes Open Bottle Days from September 21 to 23. The initiative is part of the Bulgarian Plum Festival 2024, of which the company is a traditional partner. The winery will open its doors to festival visitors interested in learning..
Sofia’s urban subway system has proved to be among the most liked in Europe. The Sofia Metro was ranked the second best in Europe, surpassed only by Oslo, according to Euronews. The study was conducted by the luggage storage company..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
In response to media reports that a company registered in Bulgaria supplied pagers to the Lebanese organization Hezbollah, which were subsequently..
Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum..
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