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Business Support Centre for Small and Medium Enterprises

Belgian Malmar Leaving Bulgaria Due to Lack of Skilled Staff

For a long time already, the business in Bulgaria has been talking about the ever-growing problem of the lack of skilled labor. This trend is not only about Bulgaria, but also about many other European countries. But we can say that in our country took the "first sacrifice". This is Belgian Malmar, which is a manufacturer of buses, trucks and construction equipment and a supplier for
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Energy Regulator Discussed Measure to Stabilise Power Prices at The Free Market

Measures to stabilise the prices at the free electricity market were discussed at a meeting in the Energy and Water Regulatory Commission on 14th of January, reported the Bulgarian National Television. The meeting was held at the initiative of the chair of the regulator, Ivan Ivanov and was attended by the heads of state-owned companies, the Electricity Power Exchange, the Electricity System Operator
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The Bulgarian NRA Starts Inspections of the Crypto Traders

The National Revenue Agency (NRA) announced that it is launching inspections of companies whose subject-matter is the sale of cryptocurrency. The objective is to establish whether companies and their clients comply with tax and social security legislation. Taxpayers will also investigate the principle of operating the platforms for the purchase and sale of such assets. According to
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The Tax Campaign in Bulgaria Begins

The new tax campaign begins today and runs until April 1st, reported the Bulgarian National Television. Individuals and companies will be able to submit their income declarations in 2018 both electronically and on site in the relevant National Revenue Agency territorial directorates. The agency reminds citizens that in order to receive a 5% discount on the surcharge, they have to submit their declarations
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The Аverage Insured Income For the Country in November is 917 BGN

The average social security income for the country in November 2018 is BGN 917.00, informs the National Social Security Institute (NSSI). The average monthly insurance income for the country from December 2017 to the end of November last year is BGN 884.37. The defined average monthly social security income for the country for the period indicated serves to calculate the amounts of new pensions in
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12% of the Companies in Bulgaria Complain About Delayed Payments

12% of the companies in Bulgaria complain of delayed payments. This shows Eurostat statistics for 2017. This indicator puts our country in the middle of the ranking, with most firms in the same difficulty in Italy (20%), while in Romania the rate of delayed payments is only 4%. A quarter or 25% of the managers who have started companies in Bulgaria do not have difficulty. Unlike us,
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A German Company will Invest 21.5 million BGN in a Factory near Vratsa

Minister of Economy Emil Karanikol awarded an investment certificate Class A to "MD Electronic" Ltd. under the Investment Promotion Act (IPA), the Ministry of Economy announced. The amount of the investment amounts to BGN 21.5 million, with 300 new jobs being opened. The investment project envisages the construction of a new production plant in Vratsa, which will consist of production, logistic buildings
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Plovdiv is Bulgaria's First European Capital of Culture

pixabay.com The city of Plovdiv has welcomed the New Year as the first Bulgarian European Capital of Culture, reported the Bulgarian National Radio. Twenty years after hosting the Month of Culture in 1999, the city celebrates this year the most prestigious cultural initiative of the EU. The official start of the initiative is on January 12 with a show "We Are All Colors" with
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Number of Trips to Bulgaria’s Mountains Rise Significantly

pixabay.com 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. Borovets (in Rila
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From 2:00 pm to 8:00 pm, Trucks over 12 Tonnes Banned from Bulgarian Motorways and Busy Roads

From 2:00 pm to 8:00 pm today, the movement of trucks of over 12 tonnes will be restricted on motorways and busy roads, said the Road Infrastructure Agency. The restrictions will apply to the following sections of the national road network:• motorways;• road I-1 Rebarkovo - Botevgrad, with the traffic being redirected to road II-16 Rebarkovo - Svoge - Sofia-ring road;• road I-1 - from Blagoevgrad
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