In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported.
The chairman of the institute, Atanas Atanasov, explained that the change comes after the revision of all data for five years and this is done regularly in all EU countries. The next benchmark revision will be in 2029. According to preliminary data published on March 8, 2024, GDP was obtained only as a sum of quarterly data, Dr. Svilen Kolev, vice-president of the institute pointed out. In 2023, GDP was over 93.6 billion euros. According to the updated data, GDP increased by more than 753 million euros.
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that..
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..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the..
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