A Bulgarian start-up company producing sugar, gluten, soy and fat-free protein sweets is growing fast, incorporating ambitious plans and out-of-the-box ideas in its development.
After being valued at BGN 1 million (EUR 511,637) by a venture investment fund, the company managed to raise BGN 100,000 to improve and expand the distribution of its products in outlets across the country.
So far, their candies are available in over 200 outlets in Bulgaria. The company is also planning to break into markets abroad. Links with outlets in Romania, Greece, Poland, Italy and Spain are being built.
You can read more about the adventurous start of the entrepreneurs in 2020 in this publication: "Protein sweets – a revelation to the palate in three traditional flavours".
All non-household consumers will be compensated for the high cost of electricity by the end of the year, the government has decided. The European Commission has given the green light for the subsidy, the energy minister said. According to..
The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
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..
Clear
Partly Cloudy
Mostly Cloudy
Partly cloudy, chance of rain