Bulgaria: people’s incomes rise sharply

According to the latest figures from the National Statistical Institute, household incomes and expenses in Bulgaria continued their upward trajectory in 2024. The average total annual income per household member reached 12,857 leva, marking an 18.5% rise compared to 2023. Over the past decade, incomes have grown significantly, increasing 2.6-fold since 2015. Spending has also…

Bulgaria: many companies freeze hiring and investment amid U.S. customs uncertainty

The newly introduced US customs policy is creating both confusion and opportunity for businesses in Bulgaria’s Trakia Economic Zone, which hosts around 200 companies producing for European and global markets. Among the businesses expressing concern is a German manufacturer near Plovdiv, which produces automotive and white goods components for Bulgarian firms exporting to Europe. Though…

Ukraine: 508 business entities in Poltava region receive grant support for business development last year

The business of Poltava region is expanding its opportunities within the framework of the state policy “Made in Ukraine”, which was initiated by President Volodymyr Zelensky. Entrepreneurs of the region are becoming participants in government grant programs. This was reported by the acting head of the Poltava Regional Administrative Organization Volodymyr Kohut. Grants are most…