Bulgaria: industries suffer double-digit slump in September 2023 production

Bulgaria’s industrial landscape faced a substantial setback in September, witnessing a sharp decline both on a monthly and yearly scale, according to data from the National Statistical Institute. The year-on-year contraction reached a staggering 11.5%, surpassing the 2.7% dip compared to August. Breaking down the data, the production and distribution of electricity, heat and gas…

Bulgaria: PM showcases investment potential to USA business leaders

Prime Minister Nikolai Denkov has extended a warm invitation to representatives of 15 of the largest American companies, emphasizing Bulgaria’s strategic importance as a gateway to Europe. During a meeting that included US Ambassador to Bulgaria Kenneth Merten and Eric Stewart, the Chairman of the American-Central European Business Association, Denkov highlighted Bulgaria’s unique advantages for…

Bulgaria: Dronamics and ELTA sign agreement for first postal deliveries by cargo drones in Greece

Dronamics, the world’s first cargo drone airline licensed to operate in Europe, and Hellenic Post (ELTA) have announced an agreement that will lead to the first postal deliveries by cargo drones in Greece. Dronamics, which designs, develops and operates cargo drones, will provide medium-distance deliveries to Hellenic Post, the national postal service of Greece. The…