Karanikolov: Electronic governance is a strategic priority for Bulgaria
The investments in e-government and IT are a key factor for economic growth, said the Minister of Economy The digital transformation of the administration is a process that is a prerequisite for efficiency, transparency and accountability of administrative structures in the interest of the citizens and the business. This was stated by the Minister of […]
Fitch and S&P have improved the prospect for Bulgaria’s rating
The aging population, emigration and indebtedness remain challenging The international rating agencies Fitch and Standard & Poor’s have raised their ratings on the prospect of the Bulgarian economy from stable to positive. This is clear from the announcements on the website of the Ministry of Finance, where both reports of the agencies can be found. […]
Тhe world’s largest football analysis company enters Plovdiv
Today we can say “Welcome” to the world’s largest football analysis company. Football Radar opens its office in Plovdiv and our city is the first location not only in Bulgaria, but also in Eastern Europe. Our management priorities are to make Plovdiv a more attractive place for business development. Over the years, we have achieved […]
Guo Ping: My colleagues told me that Bulgaria is the Silicon Valley of Southeastern Europe
Huawei’s Chief Executive Director for “Capital” Profile Guo Ping is one of the three rotating CEOs of the Chinese technological giant Huawei, who are changing every six months. The revenue of the company, which is the leader in supplying network telecommunication equipment and number three among smartphone makers, jumped 32 % in 2016 to $ […]
TELUS: Plovdiv currently offers more potential for development than Sofia
Philip Ugrinov, Vice President of TELUS International Europe, for Economy.bg The outsourcing company TELUS International Europe plans to open another 500 jobs in Bulgaria by the end of the year. The vast majority of them will be in Plovdiv, where the company moves to a new office. In addition to Plovdiv, the outsourcing provider plans […]
The export accelerated its growth to a record of 19% in March
An increase was recorded in the sales of Bulgarian goods both in the EU and outside the union The export continues to set a record. The sales of Bulgarian goods abroad increase by 18.8% in March on an annual basis, shows the preliminary data from The National Statistical Institute (NSI). The increase is the highest […]
Bulgaria’s trade with the EU accelerated at the beginning of the year
The export grew by 9% and the import increased by 12.2% on an annual basis for the first two months of 2017 Bulgaria’s trade with the European Union has accelerated at the beginning of the year, shows the preliminary data from the National Statistical Institute (NSI). In January and February, the country’s export to the […]
The new construction in the major cities of the country will continue to accelerate
Sofia reinforces its position as a center of residential construction and Plovdiv – as the industrial one The new construction in the big cities of the country will continue to accelerate, but at more sustainable pace, according to the data of the National Statistical Institute (NSI) for the issued building permits and the new construction […]
Bulgaria has the potential to become the Silicon Valley not only on the Balkans, but also in Europe
One of the most successful bulgarians in the Silicon Valley – Bogomil Balkanski, Vice President at Google, talks to Economy.bg Bogomil Balkanski is one of the most successful bulgarians in the Silicon Valley. From the end of 2015, he is vice president of Google, after the technology giant acquires the startup bebop, where Balkanski holds […]
Bulgaria is in the first place in EU as female entrepreneurs, occupied in the ICT sector
Our country is also a leader in the share of girls, studying ICT, according to Eurostat Almost 8 million people in the European Union were employed in the ICT sector by 2015, according to current data of Eurostat. Bulgaria is the EU country, where women occupied in the sector have the largest share – 28%, […]