Bulgarian Chamber of Commerce

A protest over the expensive electricity for the industry with a request for immediate compensations blocked the center of Sofia today at 12 o'clock. There was a demonstration in Ruse and Lovech. Employers have warned that without measures, the economy could go bankrupt.

The name of the person who currently keeps social peace in Bulgaria is Ivan Ivanov, head of the Energy and Water Regulatory Commission. The snowball, however, has got rolling and cannot be stopped.

Restaurant and hotel owners took to the streets in Bulgaria to protest the tightening of COVID-19 measures in the country set to take effect on 7 September until the end of October.

The centre of Veliko Tarnovo was blocked on Thursday. Plovdiv will be blocked on Friday. A big protest is organised to take place on 7 September in the capital Sofia. 

The Embassy of Pakistan in Sofia organized two main events for promoting Pakistani mangoes on 8th and 9th August 2021.

The Bulgarian Specialized Prosecutor's Office received a signal from the Association of Industrial Capital in Bulgaria, the Bulgarian Chamber of Commerce, the Bulgarian Chamber of Commerce and Industry and the Confederation of Employers and Industrialists in Bulgaria in connection with the record high price of electricity for business.

A new fraudulent scheme with PCR and antigen tests is gaining currency as the tourist season is drawing near. The scam is simple - sham sites and Facebook and Instagram pages appear, offering testing in an office or at home on behalf of really existing laboratories.

The new cabinet, whichever parties are part of it, must not allow the interruption of the financial funds provided to support the business during Covid-19 crisis.

Instead of introducing new measures, companies need consolidation and simplification of the current ones.

According to online survey by the Bulgarian Chamber of Commerce 79% of the companies in our country report deteriorating economic indicators of their enterprise.

Around half (50.6%) predict that they will be able to restore their economic condition by the end of 2022.

 The largest percentage of participants (28.6%) is from the hotel, restaurant and travel agency sector.

In the next two years there should be a powerful impetus to investments. The lockdown is no surprise, everything that is related to leisure time will suffer the most. That's what economist Lachezar Bogdanov said in The Day Begins talk show

How long the restrictions will last is of key importance, he said

Because of the pandemic, fewer companies will hand out Christmas bonuses to their employees this year. The incentive pay will range from BGN 200 to BGN 1000, according to a study of the Bulgarian Chamber of Commerce and Industry (BCCI), Bulgarian National Radio reported.