January 22, 2020

Business in Bulgaria Wood Products Sector

With a population of more than 7 million and an  area of more than 110,000 square kilometers, Bulgaria is recognized as a medium-sized European country. Bulgaria, like many of its eastern European neighbors, has large forested areas across its territory. In addition,

January 14, 2020

Medicinal herbs for good health and business

For the ninth consecutive year, Bulgaria ranks first among EU countries in the production of herbs and spices. According to Eurostat data, just over 71,000 tons of aromatic and medicinal plants and spices were harvested in the country in 2018. The

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January 14, 2020

Swedish-Swiss company opens new factory in Petrich

A Swedish-Swiss concern for the manufacture of electrification products and industrial automation continues developing its business in Bulgaria and opened a new factory in the town of Petrich (Southwest Bulgaria). The company opened its second factory in this Bulgarian town. The

December 16, 2019

Germans to open IT Hub in Sofia

Economy Minister Emil Karanikolov and Dr. Carsten Bittner, a member of the Board of Group Technology Foundations Commerzbank AG discussed the bank's intentions to open an IT Hub in Sofia. During the meeting, the bank's investment plan was presented and, according to Dr. Bittner, 400

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