The registered construction companies in Bulgaria have reached nearly 7,500 for the first time. The largest share consists of small firms with up to 49 employees, totaling 6,527. For the first time, the number of registered construction companies in the Central Professional Register maintained by the Bulgarian Chamber of Commerce (BCC) is approaching 7,500. As…
Bulgaria is increasingly drawing its workforce from various continents, with the “Migration” Directorate of the Ministry of Internal Affairs allowing foreign nationals from 17 non-EU countries to work in the country during the first seven months of the year. The majority of these workers hail from Uzbekistan, Kyrgyzstan and Nepal, while the most distant contributors…
The Ministry of Economy has signed the first ordinance on the list of domestically produced machinery and equipment to which the state will refund 15%. The list includes products from nine Ukrainian manufacturers. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine. “The list includes 88 items from…
The Government is expanding opportunities for citizens and businesses to install alternative energy sources. To develop distributed electricity generation, the Government provides affordable financial resources so that citizens and businesses can purchase the necessary energy equipment. For private households, there is an interest-free rate for the installation of solar panels, wind turbines and energy storage…
There has been a significant increase in the number of women in leadership roles within companies and state institutions. Women now occupy 35% of all managerial positions in both the private and public sectors in Bulgaria, according to the 2023 Gender Equality Report published by the Ministry of Labor and Social Policy. In 2023, the…
Over half of employers in Bulgaria have no plans to hire new staff in the next six months, according to recent findings from the Bulgarian Employment Confederation (BEC). The survey, conducted among 1,197 companies, covers the period from October to March of next year. The data show that 32% of respondents anticipate no change in…
Banks are granting loans to businesses under the Government’s energy programmes. Applications for UAH 7.9 billion have been approved, and over UAH 2 billion in loans have actually been disbursed. Over UAH 204 million in loans have been approved for households. This was announced by Prime Minister Denys Shmyhal. “The heating season is already starting…