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M+S Hydraulic to invest 45 million levs in second plant

M+S Hydraulic to invest 45 million levs in second plant

The hydraulic system manufacturer will increase its capacity 30% in preparation for a market rebound





Bulgarian Exports Recovering with a 7.4% Rise in July

Bulgarian Exports Recovering with a 7.4% Rise in July

The strong result in July is still not enough to offset the declines recorded earlier in the year



The week: Time to escape the German economic embrace

The week: Time to escape the German economic embrace

The German curse of the industry, Peevski wins, BNB tries to curb house lending




Podemcrane: from electric hoists for Comecon to global markets

Podemcrane: from electric hoists for Comecon to global markets

After a long privatization process in the 1990s, the Gabrovo-based company today manufactures industrial cranes and components worth 50 million levs



Bulgaria Economic Trends: Wage Growth Slowing Down

Bulgaria Economic Trends: Wage Growth Slowing Down

Wage increases are expected to decelerate this year, ranging between 5% and 14%




Uber shuts its software center in Bulgaria

Uber shuts its software center in Bulgaria

The Bulgarian office, which developed software for financial documents, will close in September


As wage hikes drive economic growth in Bulgaria, inflation fails to meet euro adoption criterion

As wage hikes drive economic growth in Bulgaria, inflation fails to meet euro adoption criterion

GDP grows by 1.7% in the first quarter, an increase of between 2% and 3% is forecast for this year


Schneider Electric to build second factory near Plovdiv

Schneider Electric to build second factory near Plovdiv

Investment in the project’s first phase costs 107 million levs, production to start in 2025




The week: Rumors of Bulgarian extinction are greatly exaggerated

The week: Rumors of Bulgarian extinction are greatly exaggerated

For once, good demographic news; gambling ban - better late than never and a big mining investment