Economy of Bulgaria

Business Forum in the Framework of an Official Visit of the President of Bulgaria Rumen Radev to the Arab Republic of Egypt, 26-28 March 2019

In the period 26 - 28 March 2019, the President of the Republic of Bulgaria Mr. Rumen Radev will make an official visit to the Arab Republic of Egypt. During the visit he will be accompanied by representatives of the Bulgarian business and economy circles, and a two-sided business forum was agreed between the two countries.

BDZ will Update 15 Passenger Coaches every Month until the End of the Year

Every month until the end of the year BDZ will include 15 fully renovated and refurbished passenger trains, state railway said on Tuesday. They announced that up to now, 25 passenger coaches have been renovated and they are included in train compositions on the main lines of the country.

BDZ Passengers in Bulgaria Can Now Check Online if their Train is Late

BDZ passengers will be able to monitor online whether they are on a scheduled or delayed train that they will use or will welcome a close person traveling with it. This became possible after BDZ-Passenger Transport improved its information service by adding an active LIVE electronic dashboard to its site.

The Fastest Growing Region of Bulgaria is in the Poorest Part of the Country

Vratsa managed to outperform Sofia and all other regions by GDP growth in 2017, according to data from the National Statistical Institute (NSI), published yesterday. The Municipality reports a 22% increase in GDP per capita - from BGN 9 579 in 2016 to BGN 11 684 in 2017 and is thus ranked first. Of course, the overall level is still far lower than many other regions.

Tobacco Factory in Blagoevgrad Stopped Working Leaving 200 People Without Jobs

Bulgartabac factory in Blagoevgrad stops working, but there is still no clear position on whether it is temporary or not. From more than 2,000 employees years ago, currently the factory employs about 200 people. A few days ago they were told that they had to submit notices of termination on the grounds that there was not enough work, reports BNT. 

In the period January - November 2018 the Exports From Bulgaria to Third Countries Decreased by 12.3%

In the period January - November 2018 the exports of goods from Bulgaria to third countries decreased by 12.3% in comparison with the same period of 2017 and added up to 16 062.0 Million BGN, reported the National Statistical Institute (NSI).

Number of Trips to Bulgaria's Mountains Rise Significantly

The number of trips to Bulgaria's mountains rose significantly, analysis of Eurostat about the development of tourism in 2017 show, reported the Bulgarian National Radio. 

Last year nearly 4.7 million personal trips to Bulgarian mountain resorts were made as compared to 2.9 million trips made in the previous year (2016), Eurostat data further shows.