Austrian companies on the guillotine?
Several Bulgarian news outlets have claimed that local tax authorities are conducting biased checks on Austrian related companies in Bulgaria. Such speculation is linked to Austria's strong stance against Bulgaria's full Schengen application with the implication that the finance ministry is trying to search foreign entities including Billa and OMV.
The National Revenue Agency refuted this by stating that since the beginning of 2024 the body issued nearly 5,200 unique numbers to carriers who complied with the requirements and submitted information on the transportation of goods with a high fiscal risk. After analyzing the declared data, the NRA checks various commercial establishments in stages.
"The checks are regular and there is nothing unusual or tendentious about them," said Rumen Spetsov, executive director of the NRA, as quoted by the department.
RES + batteries = new delays
Although the launch date was a few months ago, the Recovery and Resilience plan program providing funds for large renewables and batteries is unlikely to happen soon. Apparently its technical details are still being analyzed by EC experts, and until it meets its approval it cannot be released.
The Ministry of Energy has not commented on the delay, but it is unofficially known that Minister Rumen Radev's experts are ready to launch the application measure when they get the go-ahead from Brussels.
The program envisages the installation and commissioning of at least 1425 MW of new power generation capacity from renewable sources with at least 350 MW of batteries. The grant funding tops 663 million levs, but it will be paid in stages.
Startup Redis arrives in Bulgaria
Tech company Redis, which develops open source software in the field of databases, is to open an office in Sofia. Initially, the company will employ 75 people, with plans for more. Redis chose Sofia over five other locations it was considering as its next development center. The Bulgarian office will work on all the company's products.
Redis was founded as a commercial company in 2011, two years after the launch of the open source database project of the same name. It allows its business customers to manage and access data in real time. This is especially important for businesses that develop their own mobile applications.
Redis is based in California and was founded by Israeli citizens Ofer Bengal and Iftah Shulman. The company has raised a total of 356 million dollars in external funding.
Austrian companies on the guillotine?
Several Bulgarian news outlets have claimed that local tax authorities are conducting biased checks on Austrian related companies in Bulgaria. Such speculation is linked to Austria's strong stance against Bulgaria's full Schengen application with the implication that the finance ministry is trying to search foreign entities including Billa and OMV.
