Italian company for the production of photovoltaic modules has invested about 7 million euros in its new factory in the Bulgarian city of Yambol. Construction is expected to begin in April 2023 and production will start by the end of next year. About 50 new jobs will be opened as the specialists needed are engineers and experts from the IT sphere. Production will be environmentally friendly, with no risk of pollution, as the goal is its capacity reaching 600 megawatts. A photovoltaic park on an area of about 600 decares will also be built next to the factory.
On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the..
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to..
Partly Cloudy
Clear