БСЦ МСП-Русе

Business Support Centre for Small and Medium Enterprises

Pamporovo Ski Resort Becomes Hub of Curative Tourism

The ski resort of Pamporovo has been attracting tourists for years, though not just in winter but during the warm months of the year as well, with its modern spa centres, outdoor swimming pools, as well as the sports opportunities it offers and the numerous hiking routes in the Rhodope Mountain. As of this summer the proprietors in Pamporovo, one of Bulgaria’s most popular
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Bulgaria's Total Exports Increase by 19%, Imports by 23%

In the period January - May 2021, goods worth a total of BGN 26,355.3m were exported from Bulgaria, which is 19.4% more than in the same period of 2020, according to preliminary data from the National Statistical Institute. In May 2021 the total exports of goods amounted to BGN 5,084.7m and increased by 32.3% compared to the same month of the previous year. During
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German Company Will Base e-Cars Production in Bulgaria

I am extremely proud that a German maker of electric cars of the future will base its main production in Bulgaria. This sentiment was shared by Minister of Economy Kiril Petkov, who, this Saturday, signed with Next.e.GO Mobile SE the paperwork finalising a procedure to launch the company’s investment project in Bulgaria. Minister Petkov noted that our country
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EC Revises Up Economic Growth Forecast for Bulgaria in 2021, Down for 2022

pixabay.com The European Commission released Wednesday its Summer 2021 interim Economic Forecast about the European economy, according to which Bulgaria's real GDP growth is expected to reach 4.6 per cent in 2021 and 4.1 per cent in 2022. Compared to the Spring Forecast, the annual real GDP growth in Bulgaria rate is 1.1 pp. higher in 2021 and 0.6 pps. lower in 2022. The
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Economy: 602 Foreign Companies Intend to Invest in Bulgaria

mi.government.bg In the span of five weeks, 602 foreign companies sent letters about intended investments in Bulgaria, caretaker Economy Minister Kiril Petkov told a briefing on Tuesday during which he reported on the results of a competition to this end among the economic advisors of Bulgarian services for trade and economic issues abroad. Petkov said that the letters "are
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Bulgarian Development Bank: New BGN 1.7 Billion for Small and Medium Business

pixabay.com The Bulgarian Development Bank has stated to the European Commission its desire to attract additional funds for the rehabilitation and development of small and medium-sized businesses. This will be done through the InvestEU program. The total resource that the bank will be able to have is up to BGN 1.7 billion. The final approval for the inclusion of BDB in InvestEU
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Bulgaria Confirms Plans to Join Eurozone by 2024

Bulgaria has reaffirmed its initial goal of adopting the euro from the beginning of 2024, and it has now become clear that the process is planned to pass without a transition period, and the date of adoption of the euro to coincide with its introduction as an official payment currency. This is clear from the summary of the National Plan for the Introduction of the Euro in Bulgaria,
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FROM JULY 1: New Rules for Entering Bulgaria, Full List of Color Zones

pixabay.com The countries of the world will be divided into zones New rules for entering Bulgaria from today. Countries around the world will be divided into red, orange and green zones, depending on the number of COVID-19 patients. People coming from countries in the green zone will enter Bulgaria under the easiest regime. Additional tests will be performed on those arriving
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Bulgaria: 60/40 Job Retention Scheme Will Be Extended

The social partners have discussed a proposal to redesign a 60/40 job retention scheme in support of businesses and employees, Deputy Prime Minister Galab Donev told journalists on Monday after a meeting of the National Council for Tripartite Cooperation (NCTC).The measure will be considered by the government and will take effect from June 1, said Donev who is also Labour
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New in Bulgaria: All Online Purchases from Outside the EU will be Subject to VAT

pixabay.com From today, all online purchases from outside the European Union will be subject to VAT. Until now, receiving only small shipments up to 22 euros has been exempt from tax. In addition to charging VAT, a customs declaration will be submitted for the shipments. The change enters into force as part of the European Union's e-commerce package, which introduces new rules
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