БСЦ МСП-Русе

Business Support Centre for Small and Medium Enterprises

USD337.26m Boost in Bulgarian Foreign Direct Investment

Foreign direct investment (FDI) in Bulgaria registered a USD337.26 million surge from January to June this year on an annual basis.Bulgarian National Bank (BNB) showed that Bulgaria's FDI posted during the first half of 0.8 percent of the gross domestic product (GDP) from the 0.3 percent seen a year earlier during the same period.Meanwhile, BNB revealed, equity in Bulgaria witnessed a 495.1 million
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Will the VAT for Bulgarian Vegetable Producers Drop Out?

www.pixabay.com The Ministry of Agriculture is considering introducing a system of VAT reimbursement in the production of fruit, vegetables and milk. This was announced by the Deputy Minister of Agriculture Chavdar Marinov in an interview for Nova TV. The scheme is already being applied to grain producers and the effect is positive, he said. "The invoice will not have these 20% and
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The Tourists in Pirin Have almost Doubled

novinite.bg The number of tourists visiting the chalets in the mountainous regions of Razlog and Bansko has almost doubled in the summer, BNT reports. According to the owners of chalets in Pirin, dozens of organized groups from England, Germany and Romania made reservations for the month of August in the mountain tourist complexes already 2 months ago. The most preferred routes are
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Annual Inflation in the EU Down to 1,4%, in Bulgaria it Accelerates to 2.6%

www.pixabay.com European Union annual inflation was 1.4% in July 2019, down from 1.6% in June. A year earlier, the rate was 2.2%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Portugal (-0.7%), Cyprus (0.1%) and Italy (0.3%). The highest annual rates were recorded in Romania (4.1%), Hungary (3.3%),
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Significant Rise For the Bulgarian Exports in First Half of 2019

Bulgaria's exports for the first six months of the year rose by 6.3%, compared to the same period of 2018. According to the National Statistical Institute, January-June exports of goods from this country exceeded 14.2 billion euros. Exports to EU countries rose by 5%. Exports to non-EU marked the biggest rise - 9.1% and totaled over 4.5 billion euros. Over the same period, Bulgaria
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1.1 Million Square Meters of Logistics Space Now Operational in Sofia in Half a Year

The logistics real estate market in Sofia marks a second consecutive quarter with growth in construction and high rental activity. This shows the report of the consulting company Cushman & Wakefield Forton for the first half of the year. The total area of ​​the completed projects in the last three months is 72 500 square meters. "The industrial real estate market is gradually overcoming
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South Korean Companies Have Strong Investor Interest in Bulgaria

www.pixabay.com There is strong investor interest in Bulgaria by companies from South Korea, said Prime Minister Boyko Borissov, BNR reported. Besides with Volkswagen, negotiations on the construction of an automotive plant in Bulgaria are underway with Hyundai as well, the Bulgarian PM said, and added that he expected more clarity on the South Korean investment, which amounts to
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Indonesia has Тhreatened to Impose Higher Duties on EU Dairy Products

www.pixabay.com The Indonesian Ministry of Commerce has threatened to impose higher tariffs on EU dairy products in response to the proposed measure by the bloc on palm oil biodiesel, the BTA quoted France as saying. The warning could exacerbate the trade dispute between the EU and Indonesia, which is the world's largest producer of palm oil. The EU plans to reduce palm oil-based biofuels
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The BDZ Timetable Already on Google Maps

www.pixabay.com BDZ put its timetable on Google maps, the state railway carrier announced. From now on, when people are setting a specific route on the territory of Bulgaria on the Internet platform, travel directions for train travel will also provided, which expands the possibilities for choosing the right means of transport. Navigation in Google Maps by rail is feasible alongside other
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The Amount of the Minimum Wage Remains Unchanged

www.pixabay.com The state, business and trade unions will not agree on a mechanism for raising the minimum wage this year, which means that the amount of BGN 610 in force will enter into force in 2020. This was made clear by the words of Temenushka Zlatanova, head of the Department of Life and Demographic Policy at the Social Ministry. She also said that the minimum wage grew slightly
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