Bulgarian construction companies are ceasing operation due to the high prices of steel and construction steel rods. Some companies may even face bankruptcies.
Sales of raw materials have been suspended since the beginning of March due to the war in Ukraine. The price of 1 ton of reinforced iron bars has soared from EUR 741 to EUR 1,050. Imports from the major suppliers (Ukraine and Russia) was suspended two weeks ago. Stockpiles are insufficient. Brick manufacturers have also reduced sales due to the high prices of electricity and natural gas.
The mechanical engineering sector is also experiencing serious difficulties. Machine builders are concerned that other foreign suppliers are also halting exports due to the international uncertainty.
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September 18 to 20 th , military formations and performers from different regions of Bulgaria will meet at..
On Wednesday there will be scattered clouds, which will thicken up in the afternoon. In the Balkan Mountain and the massifs in south-western Bulgaria, light rainfalls can be expected. The lowest temperatures will be between 8° and..
Bulgaria's inclusion in the US Visa Waiver Programme was discussed at a meeting today between Foreign Minister Ivan Kondov and US Ambassador to Bulgaria Kenneth Merten. "Bulgaria's inclusion in the US Visa Waiver Programme is of the utmost importance and..
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In response to media reports that a company registered in Bulgaria supplied pagers to the Lebanese organization Hezbollah, which were subsequently..
The Council of Ministers has granted the Kozloduy Nuclear Power Plant a derogation from the European regulation on restrictive measures in light of..
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