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…
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…
In the first half of the year, Sofia experienced a 12% increase in tourist arrivals compared to the same period last year, as reported by the Unified Tourist Information System of the Ministry of Tourism. The number of registered overnight stays rose by 10%, with nearly 60% of visitors being foreign tourists. Tourist numbers have…
Toplofikatsia Sofia (Heating Sofia) announced that the gradual start-up of the heating system in the capital began on October 21. Heating will be supplied in phases starting on October 21, prioritizing schools, kindergartens and healthcare facilities first, followed by administrative and residential buildings. Customers are advised to fully open the valves on their radiators to…
Bulgaria’s trade deficit in August fell by over 30% YoY, reaching 287.8 million euros compared to 413.8 million euros during the same month last year. However, in the first eight months of this year, the deficit rose by just over 42%, amounting to 2.953 billion euros, up from 2.077 billion euros for the same period…