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Chinese platforms Shein and Temu hit Bulgarian traders

Chinese platforms Shein and Temu hit Bulgarian traders

Second-hand goods stores report 15% drop in sales, shut down outlets




Germany's struggles reveal an uncomfortable truth about Bulgaria's economy

Germany's struggles reveal an uncomfortable truth about Bulgaria's economy

Structural problems affecting Bulgaria’s largest trading partner will affect local industries that fail to adapt and diversify their clients



Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage

Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage

Income growth in Bulgaria outpaces labor productivity by far, signaling the end of the low-cost labor model



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


A perfect storm: why Pleven’s Leoni is closing

A perfect storm: why Pleven’s Leoni is closing

The German automotive cable supplier faces a volatile market, rising labor costs and a shortage of workers


Irim: from a small workshop to a major furniture manufacturer

Irim: from a small workshop to a major furniture manufacturer

With a turnover of 100 million levs, the Ruse-based family company is one of the biggest in the sector and exports products to 15 countries


General Toshevo: wind park for 800 million levs in no man’s land

General Toshevo: wind park for 800 million levs in no man’s land

Bureaucracy and politics have put major wind energy investment on hold for years - until now


More foreign workers are coming to Bulgaria but there are still many vacancies

More foreign workers are coming to Bulgaria but there are still many vacancies

Turks save seasonal employment, and Kyrgyz people are employed in hotels and restaurants, but this is not solving the personnel shortfall


Heraclea Sintica: Discovering a marble (demi)god

Heraclea Sintica: Discovering a marble (demi)god

The well-preserved statue found in the ancient city near Petrich has sparked worldwide interest, attracting tourists from near and far


House Prices in Bulgaria Soar Again

House Prices in Bulgaria Soar Again

NSI reported a record increase in housing prices in the country - by 16% year-on-year in the first quarter


Festo completing 80 million lev investment in workshop for new products

Festo completing 80 million lev investment in workshop for new products

The plant of the German concern is now manufacturing more complex industrial automation devices


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%



What lies behind the domestic electricity price surge?

What lies behind the domestic electricity price surge?

The debate evolved after the deferral of the market liberalization and Maritsa East subsidies


A mountain school

A mountain school

Vocational school for mountain guides in the village of Cherni Osam offers the country's only mountain-related specialty