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Economic growth slips
Bulgaria’s economic growth slows to six-year low of 2.4% in the first quarter of 2020. Timid signs of recovery can already be seen but it is still too early for optimism
No water to clean the garbage
Many Bulgarian towns live on water rationing and next to piles of imported waste because of intentional neglect by the authorities.
IPS’s Arab breakthrough
Bulgarian family firm International Power Supply has finished a key project for Saudi Aramco and is now winning new contracts
Export growth slows, yet value added grows
Bulgarian exports rose at a nominally disappointing annual rate in 2018 but goods sold abroad have become more specialized
What should Bulgaria expect from the euro?
It is now clear that euro zone membership has improved the economic performance of new member states
Retail chains: Wave of new growth
On average, retail sales grew 10% for a second year in a row in 2017, while profits rose by 24%
Eight retail chains in Bulgaria post annual sales of over 100 mln levs each
The 30 biggest retailers in the sector of the fast moving goods boost sales by 11% in 2016, way ahead of overall market growth of 1.6%
A nine-billion levs business
The biggest retail chain in Bulgaria contributed 18% of the total turnover of the top 100 traders.
Textile and Apparel: Shortage of Hands amidst Plentiful Orders
The revenues of the largest companies in the sector grew by 7%. Exports from the sector rose at the same rate to 3.86 billion levs with 30% generated by the top 20 firms.
Retailers: Almost All Report Higher Sales
Increased consumption is reflected in the sales of the retailers which grow over 10% in the top-30 group
Does Bulgaria have a post-Brexit economic policy?
Attempts to lure companies willing to leave the UK is not a top priority for Sofia