БСЦ МСП-Русе

Business Support Centre for Small and Medium Enterprises

New Car Registrations in Bulgaria Jumped with 10%

New car sales in Bulgaria increased by 10.1% on annual base to 3641 in May. This shows data from the Association of European Automobile Manufacturers (ACEA). In the period January - May, the registration of new cars in our country increased by 3.9% yearly to 15 068 units from 14 496 for the same period in 2018. Sales (registration) of new passenger cars in the European Union rose in May by 0.1%
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First-ever Ferry Services between Bulgaria and Turkey Launched

The first-ever sea bus transportation between Turkey and Bulgaria was started Tuesday, as a ferry carried passengers from the Bulgarian city of Burgas to the northwestern Turkish province of Kırklareli, reports Daily Sabah. Istanbul's Sea Bus Operators (IDO) initiated the services with an aim to boost tourism along Turkey's Black Sea coastline. The first ferry, named Sinan Pasha,
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Inflation For May is 0.1 per cent

pixabay.com The consumer price index in May 2019 compared to April 2019 was 100.1%, i.e. the monthly inflation was 0.1%. The inflation rate since the beginning of the year (May 2019 compared to December 2018) has been 1.8% and the annual inflation in May 2019 compared to May 2018 was 3.5%. The annual average inflation, measured by CPI, in the last 12 months (June 2018 - May 2019) compared
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Dubai Port Operator with Interest in Bulgarian Ports

One of the largest port operators in the world - Dubai Port World - has shown interest in investing in Bulgarian ports and in creating high-tech logistics centers in different cities in the country. This was announced by the Presidency on Wednesday after a meeting of the head of state Rumen Radev with Sultan Ahmed bin Sulayem, Dubai Port World CEO and one of the most influential
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The Total Revenues from Nights Spent in Bulgaria in April 2019 reached 51.7 million BGN

pixabay.com In April 2019, 2 052 accommodation establishments - hotels, motels, camping sites, mountain chalets and other establishments for short-term accommodation with more than 10 bed-places were functioned in the country, according to the National Statistical Institute. The total number of the rooms in them was 74.6 thousand and the bed-places were 157.9 thousand. In comparison
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Bulgaria and Azerbaijan Will Cooperate for the Development of Small and Medium-Sized Enterprises

The Government approved a draft Memorandum of Understanding between the Bulgarian Executive Agency for Promotion of Small and Medium-Sized Enterprises and the Small and Medium Business Development Agency of Azerbaijan. The Memorandum foresees the two agencies to be partners in SME development, providing real opportunities for expanding business contacts between Bulgarian and Azerbaijan
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Trade Unions in Bulgaria: Grey Economy is 30%

30% is the grey economy, according to trade union figures. "Preventing and restricting undeclared work in Bulgaria" is the topic of a roundtable organized by The Confederation of Independent Trade Unions of Bulgaria (CITUB). The trade unions will provide summary data on the share of the grey economy in the sectors of agriculture, light industry and construction, and the new mobile application
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Bulgaria Is Among the EU champions for GDP Growth

Over the first quarter of 2019, Bulgaria’s GDP has gone up by 3.5 percent, the National Statistical Institute says. The Gross Added Value in the economy has gone up by 3 percent, export of goods and services is up by 3.9 percent. The country’s GDP amounts to 12,606 million euro in current prices or 1,801 euro per capita of the population. The relative share of the agricultural sector
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French Company BIC Will Provide 400 New Jobs in Bulgaria

The French company Bic, producing lighters, pens, etc. will open an office in Sofia. With it, the company will provide 400 new jobs. The goal is to be as close as possible to consumers and to achieve greater efficiency, the company said. For the office they are in the capital, they will hire specialists in the field of data analysis, specialists in digital marketing and online marketing. At present,
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Industrial Production in April Decreased by 1.9%

Industrial production in April decreased by 1.9% compared to March 2019, according to preliminary data of the National Statistical Institute (NSI). In the fourth month of the year, the calendar index recorded a growth of 2.4 per cent compared to April 2018. In April 2019 a decrease compared to the previous month was registered in the mining and quarrying industry by 3.6%, in the electricity,
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